The Rachel Company has sales of $420,000, and the break even point in sales dollars is $344,400 Determine the company's margin of safety as a percent of current sales Enter your answer rounded to one decimal place The Rachel Company has sales of $420,000, and the break even point in sales dollars ...

The Rachel Companys margin of safety is 75600 or 18 of current sale ...

The Rachel Company has sales of $420,000, and the break-even point in sales dollars is $344,400....

Fantastic news! We've Found the answer you've been seeking!

Question:

The Rachel Company has sales of $420,000, and the break-even point in sales dollars is $344,400. Determine

Related Book For answer-question

Principles of Finance

ISBN: 978-1111527365

5th edition

Authors: Scott Besley, Eugene F. Brigham

See More Books

Posted Date: Nov 23, 2023 05:24 AM

See More Questions

The Ira Company has sales of $330,000, and the break-even point in sales dollars is $264,000. Determine the company's margin of safety as a percent of current sales. Enter your answer rounded to one...
The Ira Company has sales of $330,000, and the break-even point in sales dollars is $264,000. Determine the company's margin of safety as a percent of current sales. Enter your answer rounded to one...
An examiners close inspection of the annual financial statements and the accounting records revealed that Mawani Inc. may have violated some accounting principles. The examiner questioned the...
Find the entropy increment of one mole of a Van der Waals gas due to the isothermal variation of volume from V1 to Vs. The Van der Waals corrections are assumed to be known.
Cost Allocation Concepts For each of the following long- lived assets, indicate its nature and related cost allocation concept. Use the abbreviations shown on the right: Nature Nature Building...
What does argv provide to our program?
McKnight Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the finishing department. This problem...
2. Prove that for any integer n 1, and any set of n real numbers {x1,. . . Xn} |x1 + . . . + xn| |x1|+ . . . + |xn|. Can you identify exactly in which cases equality hold for n = 2 (i.e., the...
Overview The milestone for Project One involves applying accounting principles and methods to long-term liabilities and equity. You will also evaluate these financial statement components for...
Ling has just retired and wants to determine the PV of the pension payments she will receive. The pension payment is paid annually, at the end of the year, and the first payment will be $25,000. The...
Suppose that a company has 7.4 million shares of common stock outstanding. The companys current share price is $62.40, and its book value per share is $5.40. The company also has two bond issues...
On a certain parcel of land, you could build a project worth $4 million today and the construction cost is $3.5 million. If you wait and do not build the project until next year, there is a 50%...
A flight attendant received wages of $45,000 in 20X2. The airline also provided transportation to the taxpayer on a standby basis, at no charge, from the taxpayer's home city to the airline's hub...
You are given the following information for Ted's Dread Co.: sales = $81,100; costs = $57,300; addition to retained earnings= $7,300; dividends paid = $3,260; interest expense = $2,970; tax rate =...
A company is evaluating a new 4-year project. The equipment necessary for the project will cost $3,400,000 and can be sold for $705,000 at the end of the project. The asset is in the 5- year MACRS...
On January 1, 2021, Forbes Company purchased equipment at a cost of $25,000. The equipment was estimated to have a residual value of $2,500 and it is being depreciated over 4 years. Prepare the...
A consultant is beginning work on three projects. The expected profits from these projects are $50,000, $72,000, and $40,000. The associated standard deviations are $10,000, $12,000, and $9,000....
Sue Wilson is the new financial manager of Northwest Chemicals (NWC), an Oregon producer of specialized chemicals that are sold to farmers for use in fruit orchards. She is responsible for...
Green Thumb Garden Centers sells 240,000 bags of lawn fertilizer annually. The optimal safety stock (which is on hand initially) is 1,200 bags. Each bag costs Green Thumb $4, inventory carrying costs...
According to statistics provided by the Federal Reserve, total reserves of commercial banks currently equal $45.4 billion. Required reserves are $45.1 billion, so excess reserves total approximately...
Whenever Aliza buys a flashlight, she also always buys exactly two batteries along with it. Any more than two batteries will serve no purpose, because she will not be able to use them in the...
State governments in India levy a value-added tax on the sale of goods. The rate of this sales tax varies by type of good and by state. In Maharashtra, the general rate of sales tax is $12.5 \%$,...
Divit enjoys watching team sports and considers tickets to kabaddi and badminton games to be perfect substitutes. Show his preference map. What is his utility function?

The Rachel Company has sales of $420,000, and the break-even point in sales dollars is $344,400....

Question:

Expert Answer:

The Rachel Companys margin of safety is 75600 or 18 of current sale... View the full answer

Principles of Finance

Students also viewed these accounting questions