ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.29 : An engineering company that produces small biochemical tools applies Installment Sales Method in its accounting. Let A = Installment Sales, B = Cost of Installment Sales, C = Gross Profit, D = Gross Profit Ratio. In year 20X8, let A = $400, B = $250, C = $150. In year 20X9, let A = $450, B = $315, C = $135. If the value of D = 37.5 % in year 20X8 : (a) find the value of D for year 20X9; (b) calculate the realized gross profit = ED / 100, for year 20X8 when the cash collected from sales is E = $100.



ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.29 : An engineering company that produces small bi..

Answer / kangchuentat

ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.29 : (a) By trial and error for year 20X8, D = 100 C / A = 100 ($150) / ($400) = 37.5 %. Applying the same formula for year 20X9 will produce D = 100 C / A = 100 ($135) / ($450) = 30 %. (b) Realized gross profit = ED / 100 = $100 (37.5 / 100) = $37.5. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Chemical Engineering Interview Questions

Question 51 - A batch reactor is designed for the system of the irreversible, elementary liquid-phase hydration of butylene oxide that produces butylene glycol. At the reaction temperature T = 323 K, the reaction rate constant is k = 0.00083 L / (mol - min). The initial concentration of butylene oxide is 0.25 mol / L = Ca. The reaction is conducted using water as the solvent, so that water is in large excess. (a) Let the molecular weight of water is 18 g / mol and the mass of 1 kg in 1 L of water, calculate the molar density of water, Cb in the unit of mol / L. (b) Determine the final conversion, X of butylene oxide in the batch reactor after t = 45 min of reaction time. Use the formula X = 1 - 1 / exp [ kt (Cb) ] derived from material balance. (c) Find the equation of t as a function of X.

1 Answers  


Explain how do you design a vapor-liquid separator or a flash drum?

0 Answers  


What are some good strategies for curing tube vibration in shell and tube exchangers?

0 Answers  


What are the disadvantages of using gear pumps?

0 Answers  


Need to design filter...Length and diamter of shell

1 Answers  






What effect does choking a vertical thermosiphon have on the heat transfer rate?

0 Answers  


A cylindrical vessel of 10m height has water upto 6m and is under a pressure of 15bar.What will be the pressure at the bottom most point of the vessel?

4 Answers  


In which state sulphur exists at 40 degrees temperature and 40 atmospheric pressure in natural gas having sulphur composition 0.1 ppm?

0 Answers   Nagarjuna Fertilizers, NFCL,


COMPUTER PROGRAMMING FOR ENGINEERS - EXAMPLE 17.2 : There are 5 simultaneous equations with 5 unknowns as follow : 16 V - 4 X - Z = 36, 4 X - 4 W - Y + Z = 3, 8 V + 4 W - X + Y = 10, X - W = 1, V + W = 0. Find the values of V, W, X, Y and Z accurately within 15 minutes. State the computer program that you use to get the answers.

1 Answers  


I am a Diploma Chemical Engineer by Nirma Uni; and BEng (Hons) Energy & Environmental Engineer by Napier Uni; Edinburg, UK. HPCL chemical engineering test will held on 14th July,09. So, Please send me some previous chemical engineering papers Objective types Or material to give the test.

0 Answers   HPCL,


What is the maximum recommend pipe velocity for dry and wet gases?

0 Answers  


sir, kindly explain to me that how to calculate volume of torrispherical vessel which is used in pharma company ss reactor bottom dish volume. thank u.

0 Answers  


Categories
  • Civil Engineering Interview Questions Civil Engineering (5085)
  • Mechanical Engineering Interview Questions Mechanical Engineering (4451)
  • Electrical Engineering Interview Questions Electrical Engineering (16632)
  • Electronics Communications Interview Questions Electronics Communications (3918)
  • Chemical Engineering Interview Questions Chemical Engineering (1095)
  • Aeronautical Engineering Interview Questions Aeronautical Engineering (239)
  • Bio Engineering Interview Questions Bio Engineering (96)
  • Metallurgy Interview Questions Metallurgy (361)
  • Industrial Engineering Interview Questions Industrial Engineering (259)
  • Instrumentation Interview Questions Instrumentation (3014)
  • Automobile Engineering Interview Questions Automobile Engineering (332)
  • Mechatronics Engineering Interview Questions Mechatronics Engineering (97)
  • Marine Engineering Interview Questions Marine Engineering (124)
  • Power Plant Engineering Interview Questions Power Plant Engineering (172)
  • Textile Engineering Interview Questions Textile Engineering (575)
  • Production Engineering Interview Questions Production Engineering (25)
  • Satellite Systems Engineering Interview Questions Satellite Systems Engineering (106)
  • Engineering AllOther Interview Questions Engineering AllOther (1379)