B. CVP analysis, changing revenues, and costs. Brilliant Travel Agency specializes in flights between Toronto and Vishakhapatnam. It books passengers on EastWest Air. Brilliant’s fixed costs are $36,000 per month. EastWest Air charges passengers $1,300 per round-trip ticket. Calculate the number of tickets Brilliant must sell each month to (a) break even and (b) make a target operating income of $12,000 per month in each of the following independent cases. i. Brilliant’s variable costs are $34 per ticket. EastWest Air pays Brilliant 10% commission on ticket price.
ii. Brilliant’s variable costs are $30 per ticket. EastWest Air pays Brilliant 10% commission on ticket price.
iii. Brilliant’s variable costs are $30 per ticket. EastWest Air pays $46 fixed commission per ticket to Brilliant. Comment on the results.
iv. Brilliant’s variable costs are $30 per ticket. It receives $46 commission per ticket from EastWest Air. It charges its customers a delivery fee of $8 per ticket. Comment on the results.

Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.

9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u.s. parent on bank deposits held in london d. interest received by a u.s. parent on a loan to a subsidiary in mexico e. principal repayment received by u.s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u.s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?