Answer:
C) $90.00
Explanation:
Solution:
Contribution Margin per customer = Revenues per customer - Variable Expenses per customer
Revenues per customer = 60,000 / 300 = 200
Variable Expenses per customer = 33,000 / 300 = 110
Contribution Margin per customer = 200 - 110
= $90.00
Therefore Correct Answer = Option C (Contribution Margin from each corporate customer = $90.00
Answer:
A. compound journal entry
Explanation:
Compound journal entry -
It refers to the type of accounting entry , which consists of more than one debit or credit , is referred to as compound journal entry .
It is the combination of various simple journal entries together to form a compound journal entry .
Hence , from the given information of the question,
The correct option is A. compound journal entry .
Answer:
$26,370
Explanation:
The annual rate per square is $8.75
The store measures 36 feet by 48 feet.
In square feet, the store will be
=36 x 48 sq.feet
=1,728 sq.feet
The annual rents will cost
= 1,728 sq.feet x $8.75
=$15,120
5% of the store's annual gross sales is 5/100 x $225,000
=0.05 x 225,000
=$11,250
the total amount that chin will incur
=$15,120 + $11,250
=$26,370
Answer:
stop using her credit card
Explanation:
Based on the information provided within the question it can be said that the first step that Olivia should take is to stop using her credit card. People have adopted a consumer culture, and that has skyrocketed since the invention of the credit card, as it makes it easy for individuals to impulse buy something even if they do not have the money for it. By switching from credit card to cash only it will allow you to not overspend and make hasty impulse buys, thus allowing you to save money and hopefully get out of credit card debt.
Answer: 15.05%
Explanation:
Expected return is a weighted average of the individual returns of the composite stocks;
= (weight of A * return on A) + (weight on B * return on B)
= (67% * 20%) + (33% * 5%)
= 15.05%
