Answer:
$2917.50
Explanation:
The computation of the dollar return is shown below:
= (Stock price at the end of the year - Stock price at the beginning of the year + Dividend paid) × number of shares purchased
= ($113.65 - $104.32 +$2.34) × 250 shares
= $11.67 × 250 shares
= $2917.50
We simply added the stock price at the end of the year, dividend paid and deducted the stock price at the beginning of the year, then multiply it with the number of shares purchased so that the correct amount can come.
The blank space has been correctly filled below:
- The contribution margin income statement allows users to easily judge the impact of a change in <u>selling price, cost, or volume</u> 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.
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Answer:
$61,390
Explanation:
Calculation to determine What does Engler record as the cost of the new truck
Using this formula
Cost of new truck=Purchase price+Sales tax, painting +Logo on the side of the truck +Safety testing +Tune up and oil change
Let plug in the formula
Cost of new truck=$55,000 + $4,000 + $1,600 + $290 +$500
Cost of new truck= $61,390
Therefore what Engler will record as the cost of the new truck is $61,390
Had to look for the options and here is my answer:
Since Amber was assigned by her academic adviser some academic goals, how these goals could be accomplished is by writing or noting down her goals. This way, she will have a guide on what to do first and the task will do done smoothly.
