how to calculate profit increase to 28%?? 2018- 2019 2019 - 2020 Profit Variance % Change...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
how to calculate "profit increase to 28%"?? 2018- 2019 2019 - 2020 Profit Variance % Change Increase to Current With cost 28% < Budget increases Revenue Food Beverage L 219,000 231,288 12,288 5.6% 73,000 < 77,083 < 4,083 5.6% < Accommodation < 434,000 383,880 -50,120 -11.55% Total Revenue 726,000 692,251 -33,749 -4.65% < Cost of Sales $2 $ < $ Food (25%) 54,750 57,822 3,072 5.6% Beverage (30%) < Accommodation (20%) < Total COGS 21,900 23,125 < 1,225 5.6% < 2 86,800 76,776 A 10,024 -13.06% 164,450 157,723 6,727 -4.26% Gross Profit < 562,550 534,528 28,022 -5.24% < Lindows how to calculate "profit increase to 28%"?? 2018- 2019 2019 - 2020 Profit Variance % Change Increase to Current With cost 28% < Budget increases Revenue Food Beverage L 219,000 231,288 12,288 5.6% 73,000 < 77,083 < 4,083 5.6% < Accommodation < 434,000 383,880 -50,120 -11.55% Total Revenue 726,000 692,251 -33,749 -4.65% < Cost of Sales $2 $ < $ Food (25%) 54,750 57,822 3,072 5.6% Beverage (30%) < Accommodation (20%) < Total COGS 21,900 23,125 < 1,225 5.6% < 2 86,800 76,776 A 10,024 -13.06% 164,450 157,723 6,727 -4.26% Gross Profit < 562,550 534,528 28,022 -5.24% < Lindows
Expert Answer:
Answer rating: 100% (QA)
ANSWER To calculate the profit increase to 28 of prime prime we need to follow these step... View the full answer
Posted Date:
Students also viewed these accounting questions
-
Use the attached "words.txt" file to store the words along with their ranks in an AVL tree. Then provide the user the option to search for any word. If the word exists the program displays the rank...
-
expedia what opportunities might exist for them to engage in fraudulent financial reporting
-
Question: Old MathJax webview Old MathJax webview i need ans of these question but the source is alot Old MathJax webviewOld MathJax webview i need ans of these question but the source is alot these...
-
In Exercises show that the two formulas are equivalent. tan x dx = - In cos x + C tan x dx = In|sec x] + C
-
The underground economy and other nonpriced production make it hard to accurately measure the precise level of GDP. But GDP could still be very accurate for measuring changes in the economy. If Ben...
-
Use the UPS data in Short Exercise S7-5 to compute UPS's third-year depreciation on the plane using the following methods: a. Straight-line b. Units-of-production c. Double-declining balance
-
Jane Parker is going to set up a new business on 1 January 20X1. She estimates that her first six months in business will be as follows: (i) She will put 150,000 into a bank account for the firm on 1...
-
Go to the books companion website, and use information found there to answer the following questions related to The Coca-Cola Company and PepsiCo, Inc. (a) What are the primary lines of business of...
-
Eddie asked each member of their class if they have their own car and also if they have a part-time job. He determined that 7 students had their own car and 13 did not have a car. 6 of the students...
-
answer is $85,580.32 do not use excel, only thing u can use is financial calculator, show all work An insurance company has an obligation to pay medical claims each year at the end of the year for 25...
-
Can I get some assistance with fixing my library database? All my tables are working, but the borrowing and transaction table. Can I also get some help labeling every part to get a better...
-
1. A bond with a 20-year maturity pays a 6% annual coupon and has a face value of $1,000.What is its fair price at a yield-to-maturity of 3%? Of 6%? Of 9%? 2.The same company has another bond with a...
-
What is the slope of the line 0 = ? ? (Use decimal notation. Give your answer to three decimal places.) m =
-
Assume a loan and property with the following characteristics: Property value: $300,000; Down payment: $50,000; Loan type: Hybrid 5/25 payment option ARM; Initial rate: 4% annual; Fully-indexed rate:...
-
My name is Rowena Leal, you can call me weng for short, from Philippines. What is your background in Finance I don't have any Finance background right now, but im willing to learn for it for my...
-
the resource, "Relationship Marketing: Meaning, Types, Levels, Importance and Example," CommerceMates.com shares these important relationship marketing points: "Long-term customer retention Reactive...
-
Establish identity. cos( + k) = (-1)k cos , k any integer
-
If you believe a finance directors main concern is financial flexibility, would you expect a company ever to use up its borrowing capacity?
-
Which is the fundamental journal article on the subject of capital structure?
-
In the final analysis, isnt the cheapest financial resource short-term borrowing?
Study smarter with the SolutionInn App