Kingbird realty corporation purchased a tract of unimproved land for $137,500. this land was improved and subdivided into building lots at an additional cost of $86,150. these building lots were all of the same size but owing to differences in location were offered for sale at different prices as follows.

group no. of lots price per lot
1 9 $7,500
2 15 10,000
3 17 6,000

operating expenses for the year allocated to this project total $45,500. lots unsold at the year-end were as follows.

group 1 4 lots
group 2 6 lots
group 3 1 lots

at the end of the fiscal year kingbird realty corporation instructs you to arrive at the net income realized on this operation to date.

Principals are an administration career

Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80

Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.