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O 2.89 D | Question 13 5 pts In your annual meeting with your controller you tou

ID: 2809576 • Letter: O

Question

O 2.89 D | Question 13 5 pts In your annual meeting with your controller you touched on the idea of purchasing Tribune Airlines, "What about the long- term planning, specifically any external funding needed: He indicated some information that would be needed. You are given for fiscal year 2013 gross proft of $8,169.012.96, COGS of $2.078118.20, G&A expense of $727,546.31, and current level of operating capacity of 0.78. The full capacity sales should be O $15.764,817.18 O S1313734765 O $11,823,612.88 O $14.451082.41 O $10.509 878.12

Explanation / Answer

Sales = gross profit + COGS = 8,169,012.96 + 2,078,118.20 = 10247131.16
Full Capacity sales = 10247131.16/0.78 = 13,137,347.65

Option b is correct.

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