1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Monica [59]
3 years ago
11

​Jack's Toys sells kites for $35 each. Variable costs are per kite. Fixed costs are per month. What is the contribution margin r

atio for the​ kites?
Business
1 answer:
Nezavi [6.7K]3 years ago
5 0

Answer:

contribution margin ratio= (selling price - unitary variable cost) / selling price

Explanation:

We weren't provided with enough information to calculate the contribution margin ratio, but, I will provide the formula and an example to guide an answer.

<u>To calculate the contribution margin ratio, we need to use the following formula:</u>

contribution margin ratio= (selling price - unitary variable cost) / selling price

<u>For example:</u>

Selling price= $35

Unitary variable cost= 23

contribution margin ratio= (35 - 23)/35

contribution margin ratio= 0.34

You might be interested in
Which core process includes the activities required to produce and deliver the service or product to the external customer?
krek1111 [17]

The core process which includes the activities required to produce and deliver the service or product to the external customer is <u>order</u> <u>fulfillment</u> <u>process</u>

Order fulfilment is a process of fulfilling a sales order according to the customer's specifications. That is, delivering goods as promised at the time of sale. There are four main steps in fulfilling a customers order which are-  processing orders, warehousing, packing, and shipping products.

After the customer places an order, there is a procedure to be followed where you need to prepare and deliver the items accordingly. This process typically takes up to 48-72 hours to be completed.

After an order has been submitted for fulfillment, it has to be received and accepted by the logistics company.

Hence, the answer was given and explained above.

To learn more about the order fulfillment process here:

brainly.com/question/9694610

#SPJ4

5 0
2 years ago
Assuming the staffers' personnel files have data on the Big Five, how could that data be used to inform the decisions about comb
DIA [1.3K]

Answer:

The big five characteristics include agreeableness, conscientiousness, extraversion, neuroticism and open to new experience.

Explanation:

The data captured within the big five characteristics can be used to inform the decisions about combining areas of expertise in job specifications.

The profile of someone who could take on a lot more will include all the characteristics in the big five except neuroticism.

Someone that is neurotic expresses anger easily and is prone to depression. This is a self conscious individual that is easily irritated.

7 0
3 years ago
What does surplus mean in Economics?
jenyasd209 [6]
A surplus<span> is used to describe many </span>excess<span> assets including income, profits, capital and goods. A </span>surplus<span> often occurs in a budget, when expenses are less than the income taken in or in inventory when fewer supplies are used than were retained. </span>Economic surplus<span> is related to supply and demand</span>
6 0
3 years ago
Suppose a project financed via an issue of debt requires six annual interest payments of $20 million each year. If the tax rate
pochemuha

Answer:

$4,200,000

Explanation:

Given :

Annual interest payment = $20 million

Tax rate = 21%

Cost of debt = 6%

The value of the interest rate tax shield is given by :

The tax rate * annual interest payment

Tax rate = 21% = 21/100 = 0.21

Annual interest payment = $20,000,000

The value of interest rate tax shield = (0.21 * $20,000,000) = $4,200,000

5 0
3 years ago
The government of an Asian country allows its currency to nominally float freely against other currencies, but the government ha
Elena L [17]

Answer: Dirty float system.

Explanation:

The dirty float system is also knowns as "managed float".

It is a floating exchange rate in which the central bank of a particular country steps in occasionally to alter the pace at which the country's currency change value. In this system, the central bank acts to prevent external economics shock and guide against its disruptive effect on the domestic economy.

4 0
3 years ago
Other questions:
  • Which demand did the aim members insist the fbi negotiator grant immediately?
    6·1 answer
  • How does FNB programme benefit the community in terms of economic development?
    5·1 answer
  • Richard is a secondary science teacher at a Catholic High School. He has worked there for three years. When he was first intervi
    14·1 answer
  • A firm will experience a loss when its revenue is less than its expenses
    11·1 answer
  • In facility location decision making matching the educational and skill levels of the labor pool to a company's needs is even mo
    15·1 answer
  • Show how Cablevision can conduct an ROI analysis. Describe the information that the company should collect and how it should b c
    15·1 answer
  • _______ are items owed to a creditor. ________ are items owned by a company. ________ represents owners' claims to company resou
    15·1 answer
  • A company anticipates monthly sales of $300,000 for the months of April, May, June, and July. Materials represent 50% of sales,
    5·1 answer
  • enterprise project management software is also known as a tool of project management software.low-end mid range high-end baselin
    13·1 answer
  • Crystal believes that outsourcing the bookkeeping needs of her firm would save money. She researches various companies and runs
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!