The number of subscribers to five leading e-mail services is shown in the accompanying table:

For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions):Sales $38,800Food and pac

Julli [10]

Answer:

a. The Company's contribution margin is $10,476 millions

b. The Company's contribution margin ratio is 27%

c. The Income from operations will increase $621 millions

Explanation:

In order to calculate Wicker Company's contribution margin we have to use the following formula:

contribution margin=Sales- Variable costs

Sales=$38,800 millions

Variable costs=Food and packaging+Payroll+40%General, selling, and administrative expenses

Hence, Variable costs=$16,284+$9,800+40%($5,600)=$28,324 millions

a. Therefore, contribution margin=$38,800-$28,324=$10,476 millions

In order to calculate the contribution margin ratio we would have to use the following formula:

contribution margin ratio=contribution margin × 100

Sales

contribution margin ratio=$10,476 × 100

$38,800 millions

b. contribution margin ratio=27%

In order to calculate how much would income from operations increase if same-store sales increased by $2,300 million for the coming year, with no change in the contribution margin ratio or fixed costs, we have to make the followinf calculation:

$2,300 million×0.27=$621 millions

c. Income from operations will increase $621 millions

5 0

4 years ago

Heidi is an energy drink salesperson. When selling her firm's drinks in the United States, she emphasizes how they will give con

trapecia [35]

Answer:

Cross cultural competencies

Explanation:

Cross cultural competency can be described as the knowledge a person has about other cultures - their values and norms that enables the person adapt well in different cultures.

Heildi knows what the different culture values and she makes use of it in her campaign to make her drink more appealing.

I hope my answer helps you

5 0

3 years ago

Read 2 more answers

Which of the following statements about investing is TRUE?

Bad White [126]

Answer:

3. Investing is riskier than putting money in a savings accounts.

Explanation:

Investing involves putting money in profits generating ventures. It is risky because the money invested may be lost should the venture make losses instead of profits. Investments activities include buying of shares and other marketable securities or starting and operating a business. Should the business or investment do well, the returns or profits can be attractive.

Saving is putting money aside for future consumption. Saving may be done through savings accounts that as safe and secure. Money saved is risk-free. The possibility of losing it is very minimal. Because money saved is kept safe, it does not generate much income for the owner.

3 0

3 years ago

Studies show that dealing with excessive and unimportant e-mail and text messages in the workplace can lead to A) decreased empl

yulyashka [42]

Answer:

The correct answer is letter "D": concentrating on the urgent rather than the important.

Explanation:

Excessive e-mailing causes increased employee conflict and stress. Under that scenario, employees have to find ways to discriminate among all those messages the ones the have to attend first. This leads to workers replying to urgent e-mails rather than important messages. The overall situation provokes delays in major projects or to leave on standby potential opportunities to generate profit.

6 0

3 years ago

Tirri Corporation has provided the following information: Cost per UnitCost per Period Direct materials$7.35 Direct labor$3.55 V

dimaraw [331]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Direct materials= $7.35

Direct labor= $3.55

Variable manufacturing overhead= $1.40

Sales commissions= $1.15

Variable administrative expense= $0.70

The selling price is $27.80

The contribution margin is the result of deducting from the selling price all the variable cost components.

Contribution margin= selling price - (direct material + direct labor + variable overhead + sales comission + variable administrative expense)

Contribution margin= 27.8 - 14.15= $13.65

6 0

3 years ago