The sales and profit for two years are as below: Sales Profit 2020 250000 40000 2019 100000 10000 What will be the correct option of Profit when sales OMR 500000 are given? Select one: a. OMR 80000 b. OMR 50000 c. None of the options d. OMR 90000

The sales and profit for two years are as below: Sales Profit 2020 250000 40000 2019 100000 10000 What will be the correct option of Profit when sales OMR 500000 are given? Select one: a. OMR 80000 b. OMR 50000 c. None of the options d. OMR 90000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: Prepare the journal entry to record the acquisition of the equipment.

A: The record of day-to-day transactions in the books of accounts is called journal entries. In a…

Q: Year 2019 2020 2021 2022 Alternative 2 3 Asset F 16% 17 18 19 Investment 100% of asset F Historical…

A: “Hey, since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: A payment of $5000 that was due 20 days ago and another payment of $4000 that is due 50 days from…

A: Here, $5,000 is due 20 days ago $4,000 is due in 50 days $6,000 payment is done today $X payment is…

Q: is eslimated ata certain pece of egment cansave 000 per yearin lator and matea coss. The equpment…

A: Data given: Annual savings = $28000 Useful life = 5 years Salvage value = nil Annual return…

Q: Find the Discounted Payback Period (DPP) for Oman Sofa Company if the initial investment is 12000…

A: Here, Initial Investment is OMR 12,000 Cash Inflows are as follows: Year 1 - OMR 5,000 Year 2 - OMR…

Q: vanhoe Company sells its product for $10400 per unit. Variable costs per unit are: manufacturing,…

A: Income = Sale - Variable Manufacturing - Variable Selling and admin - Fixed Manufacturing - Fixed…

Q: Which of the following would decrease the present value of $1,000 paid n years from today, given the…

A: Introduction: PV of a future payment of $1000 to be received n years from today, compounded m times…

Q: If the current market rate of interest is 10%, then the future value of $500 today in 3 years is…

A: Variables in the question:PV=$500r=10%n=3 yearsAssumed rate of interest is compounded annually.

Q: If a machine is bought at a price of P94,783.00 that would have an economic life of 14 years, at…

A: Depreciation is the allocation of cost of asset over the useful life of the asset. Under double…

Q: What is the new IIR? Nominal Value: N= |= Emission Date Valuation Date: New Price: What is the new…

A: Certainly, here are short definitions for Internal Rate of Return (IRR), Effective Annual Yield…

Q: The sales and profit for two years are as below: Sales Profit 2019 250000 40000 2020 100000 10000…

A: In this question, first, we have to calculate the variable cost percentage by using the following…

Q: Using Net Present Worth Analysis which alternative is best? Use an interest rate ot 8%. Alternative…

A: Interest rate = 8%

Q: Do not give excel answer , i need explained answer. A payment of $5000 that was due 20 days ago and…

A: in this we have to calculate present value of all payment and equate to get value of X.

Q: An investor is considering two alternatives of investment. based in IRR criterion which one a better…

A: Investors have different options to make investments, and the motive behind investments is to…

Q: 1. Beb's Trinity Store's annual income statement for 2019 is shown in the table below. Beb worked…

A: Given : Beb worked full-time in the business and invested Php300,000 Beb just turned down a…

Q: Solve it using formulas, no tables correct answers are: i) i1=0.08225 pa i2=0.08362 pa i3=0.10067 pa…

Q: The following is a four-year forecast for Torino Marine. Year 2022 2023 2024 2025 Free cash flow ($…

A: Data given:EBIT=$200 million Depreciation=Capital Expenditure Change in working capital=0 Tax…

Q: Solve it using formulas, no tables correct answers are: i) i1= 0.08225 pa i2= 0.08362 pa i3=…

A: Here's a detailed calculation for better understanding. (i) Calculating Spot RatesGiven:Issue price…

Q: Garrett Boone, Flint Enterprises' vice president of operations, needs to replace an automatic lathe…

A: Here, To Find: Part a. Internal rate of return =? Part b. Purchase decision =? Part c. Net present…

Q: (0.6) Introduce New Product -$1,000,000 at ΕΟΥ $200,000 profit per year for six years, starting at…

A: The Formula for NPV:- NPV=Cash flow(1+i)t-initial investmentwhere,i=Required return or discount…

Q: A firm is considering the following alternatives, each with a five year life. What is the IRR of the…

A: IRR is the rate of return a project generates through its lifetime expressed in annual terms. It is…

Q: Which do you prefer: $100 today or $110 in one year, use a 10% discount rate? You are indifferent…

A: $100 today or $110 in one year with a 10% discount rate Therefore, both options have an equal…

Q: If instead GBC were to offer investors an effective annual return of 3.3159%, what price should they…

A: Data given: The IIP will pay out $37 at the end of each year for 12 years The IIP will pay out a…

Q: 1. You are considering the purchase of an apartment building with the following information:…

A: Here: Details of Ques-1: Purchase Price is $12,500,000 Expected Year 1 NOI is $1,000,000 Expected…

Q: Ivanhoe Industries is considering the purchase of equipment costing $84000. The company has a 12%…

A: Formulae for Economic value added EVA= Net operating profit after tax- ( investment capital*WACC)…

Q: Evaluate the following alternatives through the VPN, VAUE and IRR of the best option. To evaluate…

A: Alternative investments comprises of private equity, futures trading, hedge funds, commodities and…

Q: You purchased a $1,000 par T-bill with 160 days to maturity for $956.63. You then sold this T-bill…

A: A Treasury bill is a short-term money market instrument issued by the government as a promissory…

Q: If Company A earned 300,000 in 2019, 400,000 in 2020, 500,000 in 2021, 200,000 in 2022, and 100,000…

A: The expected return is the estimation of profit or loss that an investor determine from his…

Q: Consider an asset that you purchase for $183.836. Its nominal resale value after 3 years of…

A: The present value is the value of the sum received at time 0. It is the current value of the sum…

Q: A price for a house in thousands of dollars t years after 2015 is given by the model P(t) = 190 x…

A: Hey, since there are multiple subpart questions posted, we will answer the first three questions. If…

Q: Assume an interest rate of 9% per year, compounded annually. Alternative A 4,000 800 infinite…

A: Alternative 1 : Annual Benefit : 800 Present value of this perpetuity : Formula: P = C/(r-g)…

Q: You buy the property at the price of $ 7,000,000 , and it is expected to generate $ 449578 net…

A: Price of the property = 70,00,000 Net Operating…

Q: Finance Calculate the price of an FRA (Forward Rate Agreement) that starts in 30 days and ends in 60…

A: Forward rate agreement It involves two parties. One pays fixed interest rate in exchange of the…

Question

The sales and profit for two years are as below:

Sales Profit

2020 250000 40000

2019 100000 10000

What will be the correct option of Profit when sales OMR 500000 are given?

Select one:

a. OMR 80000

b. OMR 50000

c. None of the options

d. OMR 90000

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Introduction

VIEW

Answer

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

The sales and profit for two years are as below: Sales Profit 2019 250000 40000 2020 100000 10000 What will be the correct option for Variable cost of year 2019? Select one: O a. OMR 80000 O b. OMR 70000 O c. None of the options O d. OMR 90000
How much is realized profit in 2022?
Find the Payback Period for Oman Packaging company if the initial investment is 15000 OMR and the cash Inflows are as follows: Year 1 =5250 OMR; Year 2 =5500 OMR; Year 3=5750 OMR and Year 4=5200 OMR. Select one: a. 2 years 8 months b. 2 years c. 3 years 2 months d. None of the options e. 3 years
6. Since the minimum return rate is 6%, which of the following options is more appropriate? option A option B 100 option C 200 option D 500 Investment cost, ECU Annual profit, ECU/yıl 400 100.9 27.7 46.2 125.2 For all options, the service life is 5 years and the scrap value is zero.
The following is a four-year forecast for Torino Marine. Year 2022 2023 2024 2025 Free cash flow ($ millions) −52 73 90 112 Estimate the fair market value of Torino Marine at the end of 2021. Assume that after 2025, earnings before interest and tax will remain constant at $200 million, depreciation will equal capital expenditures in each year, and working capital will not change. Torino Marine’s weighted-average cost of capital is 10 percent and its tax rate is 30 percent. Note: Do not round intermediate calculations. Enter your answer in millions rounded to 1 decimal place. Estimate the fair market value per share of Torino Marine’s equity at the end of 2021 if the company has 37 million shares outstanding and the market value of its interest-bearing liabilities on the valuation date equals $270 million. Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
need solutionas soon as possible
Question: You have a customer who has a 620 fico score and their preferred product requires you to add 1/8th percent to the interest rate of 6 3/4% (30 year fixed rate). What is the P&I payment for this customer if they are putting 10% down on a sales price of $195,000? a. $1,152.91 b. $1,109.28 c. $1,138.29 d. $1,167.61 Please answer with explanation I will really upvote
What is the present value of $120 000 to be received at the end of 20 years given a 10% discount rate? a. $65000 b. $50000 c. $60000 d. None of the answers given
Q1 Compare present value analysis, (minimum attractive rate of return is %8 annualy.) Alternative F Alternative Z First cost, TL Annual earning, TL Maintance cost every 5 year, 400.000 650.000 -same amount- wwww w 90.000 115.000 www m 25.000 30.000 TL Scrap value, TL lifetime, (years) 100.000 1.200.000 50 infinite
6. XYZ has a selling price of 400. If its selling price is expected to decline at a rate 10% per annum due to obsolescence, what will be its selling price after 5 yrs? A. 213.10 B.200.00 C.249.50 D.236.20
The following is a four-year forecast for Torino Marine. Year 2022 2023 2024 2025 Free cash flow ($ millions) −60 81 98 120 Estimate the fair market value of Torino Marine at the end of 2021. Assume that after 2025, earnings before interest and tax will remain constant at $200 million, depreciation will equal capital expenditures in each year, and working capital will not change. Torino Marine’s weighted-average cost of capital is 13 percent and its tax rate is 20 percent. Note: Do not round intermediate calculations. Enter your answer in millions rounded to 1 decimal place. Estimate the fair market value per share of Torino Marine’s equity at the end of 2021 if the company has 45 million shares outstanding and the market value of its interest-bearing liabilities on the valuation date equals $350 million. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. I have the second question right…
music studio predicts its future yearly net income (loss) to be as follows: Year 1: - $120Year 2: + $20Year 3: + $90Year 4: - $10Year 5: + $30Year 6: + $30Year 7: + $30Year 8: + $40 What is the NPV of the company, considering a discount rate of 10%?