Dol, dfl, dcl of genatron manufacturing company for 2013 and 2014

QUESTION :

 

Don't use plagiarized sources. Get Your Custom Essay on
Dol, dfl, dcl of genatron manufacturing company for 2013 and 2014
Just from $13/Page
Order Essay

Here are the income statements for Genatron Manufacturing

Corporation for 2013 and 2014:

INCOME STATEMENT 2013 2014

Net sales $1,300,000 $1,500,000

Cost of goods sold 780,000 900,000

Gross profit $520,000 $600,000

General and administrative 150,000 150,000

Marketing expenses 130,000 150,000

Depreciation 40,000 53,000

Interest 45,000 57,000

Earnings before taxes $155,000 $190,000

Income taxes 62,000 76,000

Net income $93,000 $114,000

Assuming one-half of the general and administrative expenses are fixed

costs, estimate Genatron’s DOL, DFL, and DCL in 2013 and 2014.

Calculator

Calculate the price of your paper

Total price:$26
Our features

We've got everything to become your favourite writing service

Need a better grade?
We've got you covered.

Order your paper