Input34 Number of rescues & placeme5 Average length of stay (days)6 Daily feeding cost7 Number of vet visits8 Cost per vet visit9 Spay/neuter cost per dog10 Kennel & related Equipment11 Useful life of equipment (years)12 Adoption fee13 Fringe benefits (% of salaries)14 Extra Contributions (% of adop15 Average additional donation16 Average annual fundraising17 ED Salary18 Evaluator/trainer19 Kennel Manager60010240.901.224$35.002445.00$300,00020$225.0025%15%$200.00$40,000.00$40,000.00$30,000.00$25,000.0022 Variable Revenue232425 Total Variable Revenue - VR2627 Variable Costs28293031 Total Variable Cost - VC3233 Contribution Margin - CM3435 Fixed Costs36Salaries37Benefits38Depreciation39 Less: Donations40 Net Fixed Costs NFC4142 BEQ43 BEQ (rounded up)

Breakeven analysis is a financial analysis technique used to determine the point at which a business…

Answered: Input Number of rescues & placeme…

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter13: Tax Credits And Payment Procedures

Section: Chapter Questions

Problem 14CE

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Required Information Problem 12-47 (LO 12-3) (Algo) [The following information applies to the questions displayed below.] LaMont works for a company in downtown Chicago. The company encourages employees to use public transportation (to save the environment) by providing them with transit passes at a cost of $278 per month. Problem 12-47 Part a (Algo) a. If LaMont receives one pass (worth $278) each month, how much of this benefit must he include in his gross income each year? Transit pass benefit to be included in gross income
County Community Clinic is made up of 5 departments: 3 Service Line (revenue generating) departments - Adult Health, Child Health and Mental Health. They also have 2 support departments - Administration and Finance. The Direct Costs for the 5 Departments are: Administration Finance Adult Health Child Health Mental Health Finance Adult Health Child Health Here is some other data on the County Community Clinic Departments Department FTE Visits Administration 3 2 $400,000 $100,000 10 8 Behavioral Health 2 $1,000,000 $400,000 $100,000 10,000 4,000 1,000 Revenue $3,000,000 $1,000,000 $200,000
2. You are considering starting a radiology practice. Your financial projections for the first year of operations are as follows (see problem 1): Number of visits Wages and benefits Medical supplies Rent Utilities Administrative supplies Totals Fixed $1,200,000 $0 $200,000 $36,000 $0 $1,436,000 0 2,500 5,000 7,500 10,000 12,500 24,000 visits 15,000 17,500 20,000 22,500 25,000 27,500 30,000 Variable $0 $300,000 $0 $0 Furthermore, assume that the group expects to perform 24,000 procedures in the coming year at an average of $150 per visit. a. Construct the group's base case projected P&L statement. (See exhibit 5-5). b. What is the group's contribution margin per visit? c. What is the group's breakeven point in volume (number of visits? d. What volume is required to provide an operating profit of $267,125? e. What is the group's operating leverage? $30,000 $330,000 f. Provide an interpretation of the calculated operating leverage and its implication in regard to business risk. g. Sketch…
Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided for seniors—home nursing, Meals On Wheels, and housekeeping. Data on revenue and expenses for the past year follow: Total Home Nursing Meals On Wheels House-keeping Revenues $ 923,000 $ 265,000 $ 405,000 $ 253,000 Variable expenses 470,000 111,000 202,000 157,000 Contribution margin 453,000 154,000 203,000 96,000 Fixed expenses: Depreciation 69,200 8,200 40,400 20,600 Liability insurance 43,800 20,300 7,600 15,900 Program administrators’ salaries 116,000 40,900 38,200 36,900 General administrative overhead* 184,600 53,000 81,000 50,600 Total fixed expenses 413,600 122,400 167,200 124,000 Net operating income (loss) $ 39,400 $ 31,600 $ 35,800 $ (28,000) *Allocated on the basis of program revenues. The head administrator of Jackson County Senior…
Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided for seniors—home nursing, Meals On Wheels, and housekeeping. Data on revenue and expenses for the past year follow: Total Home Nursing Meals On Wheels House-keeping Revenues $ 930,000 $ 267,000 $ 405,000 $ 258,000 Variable expenses 474,000 119,000 198,000 157,000 Contribution margin 456,000 148,000 207,000 101,000 Fixed expenses: Depreciation 69,100 8,300 40,600 20,200 Liability insurance 44,100 20,900 7,800 15,400 Program administrators’ salaries 114,600 40,200 38,400 36,000 General administrative overhead* 186,000 53,400 81,000 51,600 Total fixed expenses 413,800 122,800 167,800 123,200 Net operating income (loss) $ 42,200 $ 25,200 $ 39,200 $ (22,200) *Allocated on the basis of…
Required information The Bureau of Indian Affairs provides various services to American Indians and Alaska Natives. The Director of Indian Health Services is working with chief physicians at some of the 230 clinics nationwide to select the better of two medical X-ray system alternatives to be located at secondary-level clinics. X-Ray Systems Del Medical First cost, $ -236,000 Annual operating cost, $/year-217,000 Overhaul in year 3, $ Overhaul in year 4, $ Salvage value, $ Expected life, years -140,000 50,000 6 Siemens -210,000 -221,000 -26,000 10,000 6 At 5% per year, select the more economical system. Solve using tabulated factors. The present worth of Del Medical is $- and the present worth of Siemens is $- The more economical system is (Click to select)
Jackson County Senior Services is a nonprofit organization providing three services to seniors who live in their own homes-home nursing, Meals on Wheels, and housekeeping. Revenue and expense data for the past year follow: Revenues Variable expenses Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators' salaries General administrative overhead* Total fixed expenses Net operating income (loss) Home Total Nursing $ 929,000 $ 270,000 471,000 112,000 458,000 158,000 69,800 44,000 8,900 20,800 115,800 40,800 185,800 54,000 415,400 124,500 $ 42,600 $ 33,500 Required 1A Required 1B *Allocated on basis of program revenues. The head administrator of Jackson County Senior Services, Judith Miyama, is considering discontinuing the housekeeping program. The depreciation in housekeeping is for a small van used to carry the housekeepers and their equipment from job to job. If the program were discontinued, the van would be donated to a charitable organization.…
Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided for seniors—home nursing, Meals On Wheels, and housekeeping. Data on revenue and expenses for the past year follow: Total Home Nursing Meals On Wheels House-keeping Revenues $ 927,000 $ 267,000 $ 402,000 $ 258,000 Variable expenses 465,000 114,000 195,000 156,000 Contribution margin 462,000 153,000 207,000 102,000 Fixed expenses: Depreciation 68,800 8,100 40,400 20,300 Liability insurance 43,200 20,200 7,600 15,400 Program administrators’ salaries 115,400 40,900 38,100 36,400 General administrative overhead* 185,400 53,400 80,400 51,600 Total fixed expenses 412,800 122,600 166,500 123,700 Net operating income (loss) $ 49,200 $ 30,400 $ 40,500 $ (21,700) *Allocated on the basis of…
Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided for seniors—home nursing, Meals On Wheels, and housekeeping. Data on revenue and expenses for the past year follow: Total Home Nursing Meals On Wheels House-keeping Revenues $ 919,000 $ 262,000 $ 402,000 $ 255,000 Variable expenses 471,000 112,000 205,000 154,000 Contribution margin 448,000 150,000 197,000 101,000 Fixed expenses: Depreciation 69,700 8,200 40,800 20,700 Liability insurance 43,100 20,100 7,400 15,600 Program administrators’ salaries 116,600 40,900 38,700 37,000 General administrative overhead* 183,800 52,400 80,400 51,000 Total fixed expenses 413,200 121,600 167,300 124,300 Net operating income (loss) $ 34,800 $ 28,400 $ 29,700 $ (23,300) *Allocated on the basis of program revenues. The head administrator of Jackson County Senior…
Jackson County Senior Services is a nonprofit organization providing three services to seniors who live in their own homes—home nursing, Meals on Wheels, and housekeeping. Revenue and expense data for the past year follow: Total Home Nursing Meals on Wheels Housekeeping Revenues $ 925,000 $ 266,000 $ 409,000 $ 250,000 Variable expenses 472,000 116,000 203,000 153,000 Contribution margin 453,000 150,000 206,000 97,000 Fixed expenses: Depreciation 70,500 8,900 40,900 20,700 Liability insurance 43,900 20,600 7,700 15,600 Program administrators’ salaries 115,500 40,200 38,600 36,700 General administrative overhead* 185,000 53,200 81,800 50,000 Total fixed expenses 414,900 122,900 169,000 123,000 Net operating income (loss) $ 38,100 $ 27,100 $ 37,000 $ (26,000) *Allocated on the basis of program revenues. The head administrator of Jackson County Senior Services, Judith Miyama, is considering discontinuing the housekeeping program. The depreciation in…
! Required information The Bureau of Indian Affairs provides various services to American Indians and Alaska Natives. The Director of Indian Health Services is working with chief physicians at some of the 230 clinics nationwide to select the better of two medical X-ray system alternatives to be located at secondary-level clinics. X-Ray Systems Del Medical First cost, $ -230,000 Annual operating cost, $/year-211,000 Overhaul in year 3, $ Overhaul in year 4, $ Salvage value, $ Expected life, years -140,000 50,000 6 Siemens -204,000 -215,000 -26,000 |-- 10,000 6 At 5% per year, select the more economical system. Solve using single-cell spreadsheet functions. The spreadsheet function for calculating the present worth of Del Medical is (Click to select) the present worth of Del Medical is $- The spreadsheet function for calculating the present worth of Siemens is (Click to select) present worth of Siemens is $- The more economical system is (Click to select) and and the
Required information The Bureau of Indian Affairs provides various services to American Indians and Alaska Natives. The Director of Indian Health Services is working with chief physicians at some of the 230 clinics nationwide to select the better of two medical X-ray system alternatives to be located at secondary-level clinics. X-Ray Systems Del Medical First cost, $ -230,000 Annual operating cost, $/year-211,000 Overhaul in year 3, $ Overhaul in year 4, $ Salvage value, $ Expected life, years -140,000 50,000 6 Siemens -204,000 -215,000 -26,000 10,000 6 At 5% per year, select the more economical system. Solve using single-cell spreadsheet functions. The spreadsheet function for calculating the present worth of Del Medical is =-PV(5%,6,-230000,50000) - 211000 - PV(5%,4,,-140000) · the present worth of Del Medical is $- and and the The spreadsheet function for calculating the present worth of Siemens is =-PV (5%,6,,-215000,10000) - 204000 - PV(5%,6,-26000) ► present worth of Siemens is…

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