Cost of goods sold is expected to be 50 percent of net salesExperience Tradition/tutorialoutledotcom

Mar 02, 2018

30 likes | 42 Vues

FOR MORE CLASSES VISIT<br>www.tutorialoutlet.com<br>

Share Presentation

Embed Code

Link

tutorialoutlet
income statement
goods sold
operating expenses
2015 income statement
year ending december 31

Marinastraw04

Télécharger la présentation

Cost of goods sold is expected to be 50 percent of net salesExperience Tradition/tutorialoutledotcom

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

Distributed Systems Inspiring Minds/tutorialoutletdotcom FOR MORE CLASSES VISIT www.tutorialoutlet.com
Distributed Systems Inspiring Minds/tutorialoutletdotcom Cost of goods sold is expected to be 50 percent of net sales, depreciation and other operating expenses are not expected to change, interest expense is expected to increase to $0.885 million FOR MORE CLASSES VISIT www.tutorialoutlet.com • Listed below is the 2015 income statement for Tom and Sue Travels, Inc. TOM AND SUE TRAVELS, INC.Income Statement for Year Ending December 31, 2015(in millions of dollars) Net sales 55 17.400Less: Cost of goods sold 7.900
Distributed Systems Inspiring Minds/tutorialoutletdotcom

Merchandise Inventory, Cost of Goods Sold, and Gross Profit

Merchandise Inventory, Cost of Goods Sold, and Gross Profit Chapter 6 Income Statements Service Company Century 21 Real Estate Income Statement Year Ended December 31, 20xx Merchandising Company General Motors Corporation Income Statement Year Ended December 31, 20xx

1.73k views • 38 slides

Public goods

Public goods. free goods vs scarce goods. Classification of goods. capital goods vs consumer goods. normal goods vs inferior goods vs giffen goods. private goods vs public goods. music. military services. weather forecasting. movie of Stephen Chow. Public goods. Private goods.

1.67k views • 18 slides

CTEL 3 Culture Inclusion Review

For this section read:. CLAD Handbook Ed. 2 Chapter 9CLAD Handbook Ed. 3 Chapter 8. The next slides will review background information on English Learners and immigration.. FUN FACTS: ENGLISH LEARNERS in . Forty-one percent of California students speak a language other than English at home.. Approximately 85 percent are Spanish speaking, 2.2 percent are Vietnamese speaking, and 1.5 percent are Hmong speaking..

1.46k views • 37 slides

Schedule of Cost of Goods Manufactured

Schedule of Cost of Goods Manufactured. Direct Materials Raw material inventory, beginning Add: Raw materials purchased Raw materials available for use Deduct: Raw material inventory, ending Total: Raw material used Direct Labor Manufacturing Overhead Indirect Material

2.37k views • 4 slides

Cost and Cost Terminology

Cost and Cost Terminology. Cost is a resource sacrificed or forgone to achieve a specific objective. An actual cost is the cost incurred (a historical cost) as distinguished from budgeted costs. A cost object is anything for which a separate measurement of costs is desired.

1.21k views • 45 slides

Activity Based Costing: A Tool to Aid Decision Making

Activity Based Costing: A Tool to Aid Decision Making. UAA – ACCT 202 Principles of Managerial Accounting Dr. Fred Barbee. Chapter. Direct Materials. Direct Labor. Work-in- Process. Finished Goods. Cost-of Goods Sold. Mfg. Overhead.

863 views • 47 slides

Travel Cost Method (TCM)

Travel Cost Method (TCM). The travel cost method is used to estimate economic use values associated with environmental goods and services that are used for recreation. The method can be used to estimate the economic benefits or costs resulting from:

1.43k views • 34 slides

Markup and Markdown

Markup and Markdown. Find the cost , markup or selling price when any two of the three are known. Find the percent of markup based on the cost when the cost and selling price are known. Find the selling price when the cost and percent of markup based on the cost are known.

1.74k views • 49 slides

Activity Analysis, Cost Behavior, and Cost Estimation

7. Chapter Seven. Activity Analysis, Cost Behavior, and Cost Estimation. Cost behavior. Cost prediction. Relationship between cost and activity. Using knowledge of cost behavior to forecast level of cost at a particular activity. Focus is on the future. Introduction. Cost estimation.

2.12k views • 56 slides

Welcome to Day 8

Welcome to Day 8. Principles of Microeconomics. Price elasticity is the ratio of the percent change in quantity demanded to the percent change in price. Elasticity of demand = percent change in quantity demanded divided by percent change in price. Ed = %  Qd % P.

2.31k views • 215 slides

Biz-Café Breakeven and Cross-Over Bakery Strategy

Biz-Café Breakeven and Cross-Over Bakery Strategy. Ted Mitchell. Biz-Café Bakery. Sell baked goods for $2.00 each with a volume at 30% of cups sold You have three options 1) buy an oven $4,000 and variable cost of 50¢ 2) buy ready-made at $1.00 each 3) do nothing. Breakeven Quantity.

2.14k views • 18 slides

Chapter 8 VALUATION OF INVENTORIES: A COST-BASIS APPROACH Sommers – Intermediate I

Chapter 8 VALUATION OF INVENTORIES: A COST-BASIS APPROACH Sommers – Intermediate I. Discussion Question. Q8-6 Goods out on approval to customers Goods in transit that were recently purchased f.o.b. destination Land held by a realty firm for sale R aw Materials

2.12k views • 53 slides

PREPARE AND PRODUCE YEAST GOODS

D1.HPA.CL4.09 . PREPARE AND PRODUCE YEAST GOODS. Prepare and produce yeast goods. This Unit comprises three Elements Prepare and bake yeast goods Decorate and present or display yeast goods Store yeast goods. Prepare and produce yeast goods. Assessment for this Unit may include:

1.5k views • 61 slides

COST REDUCTION AND COST CONTROL

COST REDUCTION AND COST CONTROL. CONQUER YOUR COSTS. BEFORE THEY CONQUER YOU. P.RAJU IYER. COST REDUCTION. Cost reduction refers to the real and permanent reduction in the unit cost of the goods manufactured or services rendered.

1.39k views • 32 slides

Inventories: Measurement

Inventories: Measurement. 8. Those assets that a company:. Inventory. 1. Intends to sell in the normal course of business. 2. Has in production (work in process) for future sale. 3. Uses currently in the production of goods to be sold (raw materials). Merchandise Inventory.

1.14k views • 88 slides

Cost

Cost. HSPM J712. Cost concepts. Opportunity cost Total cost Fixed cost Variable cost Average cost Marginal cost. The economic problem. The basic economic problem is the scarcity of social resources to satisfy human wants and needs.

950 views • 61 slides

Indirect Taxation

Indirect Taxation. Part I – Value Added Tax. Value Added Tax. A state tax Imposed through State legislature enactments An Indirect Tax on sale of goods Goods sold within the State Responsibility of the Seller to collect the tax and pay it to the State VAT Act does not apply to

1.21k views • 105 slides

Cost-Volume-Profit Relationships

Cost-Volume-Profit Relationships. Chapter 5 Sep 30, 2013. Cost-Volume-Profit (CVP) Analysis. How profits are affected by: Selling prices Sales volume Unit variable cost Total fixed cost Mix of products sold Calculation of break-even point Target Profit. CVP and business decisions.

1.65k views • 85 slides

INVENTORIES AND COST OF GOODS SOLD

Chapter 8. INVENTORIES AND COST OF GOODS SOLD. Goods owned and held for sale to customers. Current asset. Inventory Defined. Inventory. BALANCE SHEET. Asset. Inventory. INCOME STATEMENT. Revenue. Cost of goods sold. Gross profit. Expenses. Net income.

1.03k views • 76 slides

Reporting and Interpreting Cost of Goods Sold and Inventory

Reporting and Interpreting Cost of Goods Sold and Inventory. Chapter 7. Understanding the Business. Provide sufficient quantities of high-quality inventory. Primary Goals of Inventory Management. Minimize the costs of carrying inventory. Learning Objectives.

898 views • 58 slides

PRE-SOLD PRO review-- PRE-SOLD PRO (SECRET) bonuses

http://beginnerdiary.com/pre-sold-pro-review/

1.58k views • 10 slides

McCrindle Research: Australian Water Consumption and Costs

World Water Day is celebrated every year on 22 March to focus the world’s attention to issues surrounding freshwater and the sustainable management of freshwater resources. The United Nations Conference on Environment and Development (UNCED) recommended this international day in 1992, with the first ever World Water Day celebrated exactly two decades ago on 22 March 1993. This year’s theme for World Water Day is cooperation around water – using water as an instrument of peace by promoting an interdisciplinary approach to sharing this precious resource around the globe. Here at McCrindle Research, we wondered what Australians had to say about water as a resource priority, water costs, and the use of water per Australian individual. Water: Precious But Over-Priced Our recent nationwide survey shows that 4 out of every 5 Australians say that the cost of water is too expensive. Australians value water provision, availability and affordability less than they value access to medical care, and more than they value electricity. Water Views and Values How does water consumption and cost compare per person across the Australian states and territories? South Australians pay the most for household water bills per person, while Victorians pay the least. In terms of water consumption, individuals in the Northern Territory use the most while individuals in Victoria use the least at just 55kL per person per year (ABS). In terms of water use in the home, Sydneysiders use 27 percent of water outdoors, 24 percent for showers, 20 percent in the laundry, 16 percent for flushing toilets, 10 percent on kitchen and bathroom taps and 3 percent on baths (Sydney Water). Methodology This research was conducted by McCrindle Research through a national study of Australians which received 540 responses (detailed demographics below). Figures on consumption and price reflect household expenditures, not government expenditures, and reflect Urban Distributed water only. Sources: McCrindle Research, ABS Cat. 4610.0, Water Account, Australia, 2010-2011, and Sydney Water.

1.72k views • 3 slides

More Related