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
Vanyuwa [196]
3 years ago
6

Carroll Corporation has two products, Q and P. During June, the company's net operating income was $25,000, and the common fixed

expenses were $37,000. The contribution margin ratio for Product Q was 30%, its sales were $200,000, and its segment margin was $21,000. If the contribution margin for Product P was $80,000, the segment margin for Product P was:
$62,000

$59,000

$62,000

$41,000
Business
1 answer:
Firlakuza [10]3 years ago
4 0

Answer:

Option (d) is correct.

Explanation:

Total Segment Margin = Net Operating Income + common fixed expenses

                                       = $ 25,000 + $ 37,000

                                       = $ 62,000

Total Segment Margin = Segment Margin of Q + Segment Margin of P

$ 62,000 = $ 21,000 + Segment Margin of P

or Segment Margin of P = $ 62,000 - $ 21,000

                                         = $ 41,000

You might be interested in
Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $5
mash [69]

Answer:

PV= $37,204.70

Explanation:

Giving the following information:

Interest rate= 6% compounded semiannually= 0.03

Future value= $50,000

Number of periods= 5*2= 10

To calculate the initial investment to reach the objective, we need to use the following formula:

PV= FV/(1+i)^n

PV= 50,000/(1.03^10)

PV= $37,204.70

8 0
4 years ago
Dependable Appliances, Inc. and Elain enter into a contract for a sale of kitchen appliances. Dependable, a merchant who deals i
Anuta_ua [19.1K]

Answer:

B) fit for the ordinary purpose for which such goods are used.

Explanation:

An implied warranty of merchantability means that the products sold should fulfill an ordinary buyer's expectations and should be fit for the purpose intended.

All products carry an implied warranty of merchantability unless expressly disclaimed or identified as a sale "with all faults" or "as is".

6 0
3 years ago
The ABC Company expects stock prices to decrease. The current stock price is $96. The company purchases a put option, with exerc
Talja [164]

Answer:

Payoff = $2 per share.

Explanation:

In a put option, the long (the party that buy the put) will have gain on the option when the underlying asset price is lower than the excercise price of that asset <em>(imagine the advantage that you can sell a chicken at $12 when it market price of is is only 10)</em>.

Because the stock price is $91, lower than exercise price of 93, so the company should exercise the put. Total payoff per share is 93 - 91 = $2.

<em>Note: We dont include premium to buy the put here because the question asking about payoff. We on include premium in calculations when the question is about profit.</em>

6 0
3 years ago
Sun-hi, who operates a pan-asian restaurant in her apartment, is charged with criminal violations of the local health and buildi
vlada-n [284]
<span>The standard of proof to find a defendant who has been charged with a crime guilty is beyond a reasonable doubt. This means Sun-Hi can only be found guilty by jurors after all the evidence is given and all the the facts and information about the case has been given as well. The jurors must be convinced that Sun-Hi is guilty of the crime by using the evidence. This term creates a standard for all courts in the U.S. to follow, which ensures the court process is done right.</span>
6 0
4 years ago
For those who are trying to make moral decisions,A. it is impossible to make progress on controversial ethical issues unless eve
madreJ [45]

Answer:

option D : in a moral discussion, clarifying the facts and spelling out the principles to which people are appealing can help us to reach a solution.

Explanation:

Facts clarification and sorting according to the principles in terms of making it known the principles to which is people are appealing can definately help to reach an effective and sustainable solution in making a moral decision.

7 0
3 years ago
Other questions:
  • Mullin, inc, purchases supplies such as paper, and seat covers directly from manufacturers and then sells them to other firms. m
    11·1 answer
  • If there is a surplus of loanable funds, then Group of answer choices the quantity of loanable funds demanded is greater than th
    9·2 answers
  • At her neighbor's garage sale, Constance buys a vanity dressing table from her neighbor, Carlos, for $160. Constance purchased t
    13·1 answer
  • 3 Select the correct answer. Tracy applied for a home loan from her bank. The bank is willing to give her the loan but at a very
    8·1 answer
  • Knight Inventory Systems, Inc., has announced a rights offer. The company has announced that it will take five rights to buy a n
    6·1 answer
  • Pricing objectives refer to :A. reconciling the prices charged by an organization to the values set forth in its business missio
    8·1 answer
  • STATEMENT OF STOCKHOLDERS’ EQUITY In its most recent financial statements, Newhouse Inc. reported $50 million of net income and
    7·1 answer
  • Orin creates an irrevocable living trust to pass his 1/3rd of his assets, including stock in Petro Oil Company and other busines
    10·1 answer
  • Select all of the expressions that are equal to 6 × 45.<br> 6 × (40 + 5)
    13·1 answer
  • The York Company has arranged a line of credit that allows it to borrow up to $64 milion at any time. The interest rate is .640
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!