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eduard
3 years ago
9

Below is an incomplete contribution margin income statement for Barry's Coffee Cakes. Use this information to answer the followi

ng questions. BARRY'S COFFEE CAKES Contribution Margin Income Statement 20,000 units 25,000 units Total Total Per Unit Percents of Sales Sales revenue $ 150,000 Less: Variable costs 50,000 Contribution margin 100,000 Less: Fixed costs 30,000 Net operating income $ 70,000 Knowledge Check 01 What is the unit contribution margin
Business
1 answer:
Lesechka [4]3 years ago
6 0

Answer:

Results are below.

Explanation:

Giving the following information:

Units sold: 20,000 or 25,000 is not clear.

Sales revenue $ 150,000

Less: Variable costs 50,000

Contribution margin 100,000

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

Unitary contribution margin= total contribution margin / number of untis

For 20,000 units:

Unitary contribution margin= 100,000/20,000= $5

For 25,000 units:

Unitary contribution margin= 100,000/25,000= $4

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Malone Imports stock should return 12 percent in a boom, 10 percent in a normal economy, and 2 percent in a recession. The proba
Rufina [12.5K]

Answer:

6.11%

Explanation:

For computing the variance, first we have to determine the expected return which is shown below:

= (Expected return of the boom × weightage of boom) + (expected return of the normal economy × weightage of normal economy)  + (expected return of the recession × weightage of recession)

= (12% × 5%) + (10% × 85%)  + (2% × 10%)  

= 0.6% + 8.5% + 0.2%

= 9.30%

Now the variance would equal to the

= Weightage × (Return - Expected Return) ^2

For boom:

= 5% × (12% - 9.3%) ^2

= 0.3645

For normal economy:

= 85% × (10% - 9.3%) ^2

= 0.4165

For recession:

= 10% × (2% - 9.3%) ^2

= 5.329

So, the total variance would be

= 0.3645 + 0.4165 + 5.329

= 6.11%

4 0
3 years ago
Which of the following terms is not part of RIASEC? realistic (Doers) investigative (Thinkers) authoritative (Can do Attitude) s
Aleks04 [339]
<h2>Answer </h2>

Option 3 - Authoritative(can do attitude).

<u>Explanation</u>

RIASEC is the Holland codes which refer to a theory about careers and vocational choice that was initially developed by an American psychologist named John L. Holland. There are six personalities in this theory which include practical, investigative, creative, cultural, ambitious and traditional only. There is no space of authoritative because there is no negativity in this theory as one person has the power, control or influence and make decisions. This can also be misused by many people which is why it is not included in this theory.

8 0
3 years ago
Regina, a 25-year-old professional, wants to start an investment portfolio. What strategy may her financial advisor suggesta
oksian1 [2.3K]

Answer:

A.Start a moderate portfolio and shift to high risk later in life.

Explanation:

Investment portfolio may be defined as the financial investments done by one. It is the collection or ownership of various assets and stocks, bonds, real estates, cash, etc.

In the context, Regina who is 25 year old wishes to start an investment plan. For this her financial advisor may suggest her to start her investment in a moderate portfolio and then later may shift to a high risk portfolio. This is because Regina is young and is new to investment. She is not experience enough to invest in high risk portfolio. When she gains knowledge about investments in her life then she can properly plan her investment in order to achieve maximum profit.

7 0
3 years ago
Sherman, who owns property in a life estate, neglects the property, significantly diminishing its value. this is called ______.
asambeis [7]

Sherman, who owns property in a life estate, neglects the property, significantly diminishing its value. This is called a<u>n act of waste</u>.

The diminishing value technique assumes that the cost of a depreciating asset decreases extra within the early years of its effective life.

Basically, you take the number 2 hundred and divide it by the object's effective existence. For instance, 10 years, and specific that as a percentage (two hundred/10 = 20% in this example). The depreciation price applies to the faded cost of the asset after it's been depreciated every 12 months.

In the diminishing value approach, depreciation is calculated on the e-book cost of the asset at the start of the year rather than the precept amount with constant percent. on this, the percentage is identical however depreciation quantity steadily decreases as it's far completed on book value.

Learn  more about diminishing value here brainly.com/question/18633836

#SPJ4

3 0
2 years ago
The break-even tax rate between a taxable corporate bond yielding 7 percent and a comparable nontaxable municipal bond yielding
finlep [7]

Answer:D. 0.05 x (l-t*) = 0.07

Explanation: The break even tax rate is the tax rate at which industry players don't find it advantageous or disavantageous to invest in an economy, any tax rate higher than the break even tax rate will cause investors to loss certain amount of profits.

A tax rate below the break even tax rate will cause investors to want to make investment decisions as it will be beneficial and profitable to invest more money into the economy.

Calculation:

7/100=5/100(I-t*),the break even tax rate can be expressed as

=0.07=0.05*(I-t).

7 0
4 years ago
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