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    Sales Revenue

    Unearned revenue

    What types of industries have unearned revenue? Why is unearned revenue considered a liability? (300 + words)

    Expected sales

    ProductX ProductY Selling price per unit $25 $35 Variable costs $15 $20 Expected sales for product X are 8,000 units, and expected sales for product Y are 6,000. Which product should be sold and why?

    ER Medical Supplies

    I need help figuring out this problem. ER Medical Supplies had sales of 2,000 units at $160 per unit last year. The marketing manager projects a 25 percent increase in unit volume this year with a 10 percent price increase. Returned merchandise will represent 5 percent of total sales. What is your net dollar sales projection

    Mansfield Corporation had 2007 sales of $100 million.

    Mansfield Corporation had 2007 sales of $100 million. The balance sheet items that vary directly with sales and the profit margin are as follows: Cash 5% Accounts Receivable 15% Inventory 20% Net Fixed Assets 40% Accounts payable 15% Accruals 10% Profit Margin after taxes 10% The dividend payout rate is 50 pe

    Essential Supplies Sales Projection

    Question: Essential Supplies had sales of 3,000 units at $180 per unit last year. Its marketing manager projects a 25 percent increase in unit volume this year with an 8 percent price increase. Returned merchandise will represent 4 percent of total sales. What is the net dollar sales projection for Essential for this year?

    Fastron, Inc. expects sales of silicon chips to be $60 million this year.

    Fastron, Inc. expects sales of silicon chips to be $60 million this year. Because this is a very capital-intensive business, fixed operating costs are $20 million. The variable cost ratio is 40 percent. The firm's debt obligations consist of a $4 million, 10 percent bank loan and a $20 million bond issue with an 11 percent coupo

    Degree of combined leverage.

    A firm has sales of $10 million, variable cost of $5 million, EBIT of $2 million, and a degree of combined leverage of 3.0. a. If the firm has no preferred stock, what are its annual interest charges? b. If the firm wishes to lower its degree of combined leverage to 2.5 by reducing interest charges, what will be the new le

    Marketing and Sales Projection

    Cyber Security Systems had sales of 3,000 units at $50 per unit last year. The marketing manager projects a 20 percent increase in unit volume sales this year with a 10 percent price increase. Returned merchandise will represent 6 percent of total sales. What is your net dollar sales projection for this year?

    Effect on a firm's breakeven point

    Would each of the following increase, decrease, or have an indeterminant effect on a firm's breakeven point (unit sales)? a. An increase in the sales price with no change in unit costs. b. An increase in fixed costs accompanied by a decrease in variable costs. c. A new firm decides to use MACRS depreciation for both book and

    Feasibility - A proposed food service facility in Countryville will have 100 seats and be open for breakfast, lunch and dinner, Monday through Saturday. 1. Calculate the estimated food service sales for the year.

    A proposed food service facility in Countryville will have 100 seats and be open for breakfast, lunch and dinner, Monday through Saturday. The owner believes its seat turnover(ST) by meal period and average food service check(AFC) will be s follows: Breakfast Lunch dinner Day ST AFC ST AFC ST AFC Monday 1.5 $3.20 1.7 $6.

    The Net Cash Flow

    Receipts for sales occur in the same pattern as the first three months of the year. For example, February's $150,000 in sales are collected in February and March. Payments for purchases also follow the same lagging relationships as earlier in the year. On April 1 the staff receive a 10% pay increase (no change in employees or ho

    Blue Mesa Sales and Cost Projections

    Please see the attached file. 2003 2004 2005 2006 2007 2008 Sales $7,500,000 Cost of Sales $5,025,000 Gross Margin $2,475,000 SG&A Expense $394,737 Depreciation $375,000 Interest Expense $25,000 Taxable Income $1,680,263 Taxes $571,289

    Recording Sales Transactions - Doxey Company sold merchandise

    On June 24, 2006, Doxey Company sold merchandise to Nathan Ray for $40,000 with terms 2/10, n/30. On June 30, Ray paid $19,600 on his account and was allowed a discount for the timely payment. On July 20, Ray paid $12,000 on his account and returned $8,000 of merchandise, claiming that it did not meet contract terms. Record t

    Expected sales price for the real estate

    I have decided to invest in a piece of real estate. Management has estimated that the real estate can be sold in 5 years for the following possible prices: Price Probability $20,000 0.20 $25,000 0.25 $30,000 0.30 $35,000 0.25 What is the expected sales price for the real estate?

    Is Your Sales Manager Treating People Fairly?

    1. Suzette Renolidi has complained that expense accounts are not handled in a fair and equitable basis. You are the Sales Executive and are reviewing the data. Are you concerned? Why or why not? 2. Are you concerned about the performance evaluations that have not been completed? Are there any patterns of discrimination agains

    Three Day Orientation for Sales Clerks

    Assume that you are the training supervisor of a large, local retail company. The company has seven department stores in your city. One of your biggest problems is adequately training new salesclerks. Because salesclerks represent your company to the public, the manner in which they conduct themselves is highly important. Esp

    Total Sales Price and Cost

    On May 1, 2007, TV Inc. consigned 80 TVs to Al's TV. The TVs cost $270. Freight on the shipment paid by Al's TV was $600. On July 10, TV Inc. received an account sales and $12,900 from Al's TV. Thirty TVs had been sold and the following expenses were deducted: Freight $600 Commission (20% of sales price) ? Advertising 390 De

    Revenue from Investment for Kennett Corporation

    Kennett Corporation purchased 25,000 shares of common stock of the Swenson Corporation for $40 per share on January 2, 2008. Swenson Corporation had 100,000 shares of common stock outstanding during 2008, paid cash dividends of $60,000 during 2008, and reported net income of $200,000 for 2008. Kennett Corporation should report

    How large of a sales increase can Pierce Furnishings achieve?

    Pierce Furnishings generated $2.0 million in sales during 2005, and its year-end total assets were $1.5 million. Also at year-end 2005 current liabilities were $500,000, consisting of $200,000 of notes payable $200,000 of accounts payable and $100,000 of accruals. Looking ahead to 2006, the company estimates that its assets mus

    Trapp Co. was organized on August 1 of the current year

    Problem 2: Trapp Co. was organized on August 1 of the current year. Projected sales for the next three months are as follows. August $100,000 September 185,000 October 225,000 The company expects to sell 40% of its merchandise for cash. Of the sales on account, one third are expected to be collected in the month of t

    Contracts - Impossibility, Quantum Meruit, Conditions; UCC Sales

    Please help me answer the following question in IRAC form... On April 1st, Bob the owner of a chain of retail stores, entered negotiations with Amy, an architect, to draft up plans for a new shoe store that Bob was constructing on land which he owned in Suffolk County. Bob clearly stated at the time of negotiations that th

    Applications of revenue recognition conditions

    The FASB concluded that if a company sells its product but gives the buyer the right to return the product, revenue from the sales transaction shall be recognized at the time of sale only if all of six conditions have been met. Which of the following is NOT one of these six conditions? A) The amount of future returns can be

    Investment revenue - Stone Co

    Stone Co. owns 4,000 of the 10,000 outstanding shares of Maye Corp. common stock. During 2007, Maye earns $120,000 and pays cash dividends of $40,000. Stone should report investment revenue for 2007 of how much?

    Misleading Sales Pitch

    You are observing a meeting between Milhouse (one of your co-workers) and a salesman who is trying to sell an additional part to a machine that your company recently purchased. The salesman is well into his routine, and has already gotten your co-worker to admit that a quality product is of utmost importance to the future of the

    Sales and Pricing - Dover Rubber Company

    Dover Rubber Company had been offered a contract to supply 500,000 premium automobile tires to a large automobile manufacturer at a price of $41.65 per tire. Dover's full cost of producing the tire is $51.80. The normal sales price for the tire is $73.50 to both distributors and some selected retailers. Variable costs per tire