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2 years ago

the contribution margin income statement allows users to easily judge the impact of a change in ______ on profit.

Business

1 answer:

Ne4ueva [31]2 years ago

6 0

The blank space has been correctly filled below:

The contribution margin income statement allows users to easily judge the impact of a change in selling price, cost, or volume on profit.

The contribution margin income statement is an evaluation of a former sales period. Entrepreneurs use this procedure to determine whether they made a profit or loss during the period.

After their evaluation, they realize the operating income or net income. The contribution margin is generated using this formula,

Net product revenue - Total variable cost ÷ product revenue.

A proper understanding of the fixed and variable costs is essential to accurately calculate the contribution margin.

Learn more here:

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A project has an initial cost of $6,900. The cash inflows are $850, $2,400, $3,100, and $4,100 over the next four years, respect

monitta

Answer:

Thus, payback period is = 3 years and 1.61 months

Explanation:

Payback period is the time it will take the project cash flows to recover the initial investment. The payback period for the project in question will be,

Year Cash flow Remaining Amount

1 850 (6900 - 850) = 6050

2 2400 (6050 - 2400) = 3650

3 3100 (3650 - 3100) = 550

As the year 4 cash flow is 4100, we know that the amount will be recovered in year 4. However, we will calculate the exact period or months in year 4 that it will take to recover total initial investment assuming that cashflow occurs at constant rate through out the year.

Time = 550 / 4100 * 12 = 1.61 months

Thus, payback period is = 3 years and 1.61 months

4 0

3 years ago

Which of the following bonds are issued by the U.S. government? corporate bondsjunk bondssavings bondsmunicipal bonds

hoa [83]

I believe that the bonds issued by the U.S government are the saving bonds. Corporate bonds are bonds issued by corporations in order to raise money for business expansion. Junk bonds are types of bonds that are lower rated however, they are potentially higher-paying. Municipal bonds are bonds issued by a state or local government for the purpose of financing social amenities and infrastructure such as improvements of highways, state buildings, libraries, parks and schools.

8 0

4 years ago

Cheetah Copy purchased a new copy machine. The new machine cost $100,000 including installation. The company estimates the equip

Zina [86]

Answer:

Results are below.

Explanation:

Giving the following information:

Purchase price= $100,000

Salvage value= $25,000

Useful life= 4 years

To calculate the annual depreciation, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (100,000 - 25,000) / 4

Annual depreciation= $18,750

Year 1:

Annual depreciation= 18,750

Accumulated depreciation= 18,750

Book value= 100,000 - 18,750= 81,250

Year 2:

Annual depreciation= 18,750

Accumulated depreciation= 18,750*2= 37,500

Book value= 100,000 - 37,500= 62,500

Year 3:

Annual depreciation= 18,750

Accumulated depreciation= 18,750*3= 56,250

Book value= 100,000 - 56,250= 43,750

Year 4:

Annual depreciation= 18,750

Accumulated depreciation= 18,750*4= 75,000

Book value= 100,000 - 75,000= 25,000

5 0

3 years ago

It’s time for the Bizlaw County auction! For each of the auction items listed below, you will (1) determine which type of proper

Andrei [34K]

Answer:

I have formulated the answer in the table and the table is attached in the attachment please refer to the attachment 1.

Explanation:

Please refer to the attachment 1. And here is the explanation

Inherited property is the property which is transferred to ones beloved after she/he passes away or makes a will, so statement A, E and F are inherited properties.

Purchased property are the ones that one acquires after paying certain price of the good, so B is purchased property.

Abandoned property is the goods or intangible thing left somewhere and the owner is not known, so statement C and D are abandoned properties.

6 0

3 years ago

On January 1, 2009, a company issued and sold a $570,000, 6%, 5-year bond payable and received proceeds of 560,000. Interest is

Lapatulllka [165]

Answer:

$18,100

Explanation:

The bond is issued on discount when the issuance price is less than the face value of the bond. The discount is amortized over the period until maturity. Total Interest expense on a discounted bond is the sum of the coupon payment and the amortization of the discount amount.

Coupon payment = $570,000 x 6% = $34,200 per year = $17,100 semiannually

Discount on the bond = $570,000 - $560,000 = $10,000

Discount amortized per year = $10,000 / 5 = $2,000 annually = $1,000 semi-annually

Total Interest Expense = Coupon Payment + Amortization of Discount

Total Interest Expense = 17,100 + 1,000 = $18,100

8 0

3 years ago