Answer:
The value remain unchanged.
Step-by-step explanation:
By Z score, we mean:
Z = 
, if we substitute the given values of mean and standard deviation, we obtain the z score value. That is,
Z = 
= 85/12 = 7.083333.
NB: We assume that mean and standard deviation are in the same units.
Answer:
56
Step-by-step explanation:
40+16=56
In an internal operating income statement, the form is as such:
(1) Sales (or Revenue) - Total Variable Costs = Contribution Margin;
(2) Contribution Margin - Total Fixed Costs = Operating Income
and
(3) Contribution Margin Ratio = Contribution Margin/Sales
The first equation helps us out. Sales is the whole amount for this statement, or 100%. We know variable costs are 62% and the rest goes to the Cont. Margin.
100% - 68% = 32% (choice A)
