subject
Business, 02.12.2019 19:20 rayonnalawrence1000

Thompson is a new staff accountant at mcnamara ​& associates. she is paid a salary of $ 68 comma 000 per year and is expected to work 2 comma 000 hours per year on client jobs. the​ firm's indirect cost allocation rate is $ 20 per hour. the firm would like to achieve a profit equal to 35​% of cost.

ansver
Answers: 3

Another question on Business

question
Business, 05.02.2019 02:00
Alicia writes a narrative that describes what she thinks will happen to her catering business if consumer interest in healthy cuisine continues to grow. this narrative is an example of
Answers: 2
question
Business, 02.02.2019 23:30
12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)
Answers: 3
question
Business, 02.02.2019 05:38
True or false: banks are required to make electronically deposited funds available on the same day of the deposit
Answers: 2
question
Business, 01.02.2019 23:50
Pettijohn inc. the balance sheet and income statement shown below are for pettijohn inc. note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. balance sheet (millions of $) assets 2016 cash and securities $ 1,554.0 accounts receivable 9,660.0 inventories 13,440.0 total current assets $24,654.0 net plant and equipment 17,346.0 total assets $42,000.0 liabilities and equity accounts payable $ 7,980.0 notes payable 5,880.0 accruals 4,620.0 total current liabilities $18,480.0 long-term bonds 10,920.0 total debt $29,400.0 common stock 3,360.0 retained earnings 9,240.0 total common equity $12,600.0 total liabilities and equity $42,000.0 income statement (millions of $) 2016 net sales $58,800.0 operating costs except depr'n $54,978.0 depreciation $ 1,029.0 earnings bef int and taxes (ebit) $ 2,793.0 less interest 1,050.0 earnings before taxes (ebt) $ 1,743.0 taxes $ 610.1 net income $ 1,133.0 other data: shares outstanding (millions) 175.00 common dividends $ 509.83 int rate on notes payable 1. what is the firm's current ratio? (points : 6) 0.97 1.08 1.20 1.33 2. what is the firm's quick ratio? (points : 6) 0.49 0.61 0.73 0.87 3. what is the firm's total assets turnover? (points : 6) 0.90 1.12 1.40 1.68 4. what is the firm's inventory turnover ratio? (points : 6) 4.38 4.59 4.82 5.06 5. what is the firm's debt ratio? (points : 6) 45.93% 51.03% 56.70% 70.00% 6. what is the firm's roa? (points : 6) 2.70% 2.97% 3.26% 3.59% 7. what is the firm's roe? (points : 6) 8.54% 8.99% 9.44% 9.91%
Answers: 2
You know the right answer?
Thompson is a new staff accountant at mcnamara ​& associates. she is paid a salary of $ 68 comm...
Questions
question
Mathematics, 21.04.2020 11:49
question
World Languages, 21.04.2020 11:49
question
Physics, 21.04.2020 11:49
question
Computers and Technology, 21.04.2020 11:49
question
English, 21.04.2020 11:50
question
German, 21.04.2020 11:50
question
Social Studies, 21.04.2020 11:50
Questions on the website: 6544521