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Determine over- and under billings for a company with the following information:Current Contract Amount: $22,530 Total Estimated Cost at Completion: $17,264.
Determine the company's total profit for the year and the percentage of the construction revenues that became profits.
A construction company has total revenues of $1,150,000, total construction costs of $956,000, and general overhead costs of $159,000 for the year.
Determine the break-even volume of work for a company with a fixed overhead of $138,000, a contribution margin ratio of 8.9%.
What is the minimum amount of sales that are required to break even?
The truck in Example was sold for $12,000 at the end of the second year. What is the capital gain or loss on the sale of the truck?
How much do you think the stock market will return over and above the Treasury10-year bond rate?
Maple Company owns a machine (adjusted basis of $90,000; fair market value of $125,000) that it uses in its business.
A 8.30 percent coupon bond with 13 years left to maturity is priced to offer a 9.0 percent yield to maturity.
If interest and principle are all repaid at the end of the three-month loan term, what is the annual percentage rate on the loan offer make by the bank?
List some examples of financial decisions that construction managers must make.
What is the degree of operating leverage at the accounting break-even point?
How should a company prioritize all of its capital project opportunities?
Calculate the accounting break-even point on the new machine, as well as the present value break-even point on the new machine.
What if later the buyer decides to choose the option that S should repurchase the fixed asset. What will be then the records on the books?
Compute the number of shows needed annually to earn a net income of $6,000,000.
Identify the information that Jim needs to present to the Board at the next meeting, providing calculations using the data supplied.
Why would a sole proprietor/ partnership need to prepare a budget, and what type of budget would be needed?
Equity is the initial claim on value of the assets before the firm pays off its liabilities.
Grace is reading the summary in the business pages of today's paper. In its annual report this year, Nowy Inc. reported a net income of s104 million.
Determine the present value of the tax benefits arising on capital allowances if Cold plc decides to purchase the new equipment.
Do you think that community concerns about the profits made by banks might motivate the banks to adopt accounting policies that reduce their reported profits?
What type of budget/s would they need to prepare, and why? What methods could they use to fund the website expansion?
Prepare the company's selling and administrative expense budget for the upcoming fiscal year.
What disclosures must be made for any sale or transfer from securities classified as held-to-maturity?