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
n200080 [17]
3 years ago
9

LO 3.1Define and explain contribution margin ratio.

Business
1 answer:
Andreyy893 years ago
4 0

Answer:

Definition:

Contribution margin ratio is defined as, the difference between revenue and variable costs of the entity, expressed as percentage of sales.

Explanation:

Basically, the contribution margin ratio indicates that how much of sales amount is available to the entity to cover the fixed expenses incurred by the entity. It can be calculated using the following formula.

Formula= Contribution of the entity/ Sales Revenue of the entity.

If the contribution margin ratio of any entity is for example 50%, it will indicate that 50% of the sales amount is available to the entity tocover the fixed expenses which are to be incurred by it.

You might be interested in
Economies of scale are ways that a company can lower the cost per unit by selling more units overall
Troyanec [42]
It’s True that economies of scale are ways that a company can lower the cost per unit by selling more units overall
7 0
3 years ago
In a recent annual report, Rosh Corporation disclosed that 60,000,000 shares of common stock have been authorized. At the beginn
irina [24]

Answer:

33,880,934 stocks

Explanation:

total number of authorized stocks = 60,000,000

stocks issued at beginning of the year = 36,356,357

treasury stocks at beginning of the year = 7,171,269

net change in total stocks outstanding = additional shares issued - increase in treasury stocks = 558,765 - 3,034,188 = -2,475,423

total number of stocks outstanding = outstanding stocks at the beginning of the year + net change in stocks outstanding = 36,356,357 -2,475,423 = 33,880,934 stocks

7 0
3 years ago
Nathan started a tech business in his garage. During the start-up, Nathan and all of the starting employees did any tasks needed
valkas [14]

Answer:

J​ob specialization

Explanation:

Job specialization is an effective technique to import and grow business activities. It is a procedure that leads to a separation of organizational activities into separate and distinct tasks. This way is better to understand the procedures.  It leads to specialization of people in their departments. Nathan is doing the same procedure, that means he is engaged in creating job specialization.

8 0
3 years ago
Read 2 more answers
GM crops have raised issues among communities in which they are produced. Which of the following are concerns raised by the publ
Nesterboy [21]

Answer:

a. The Bt toxin could negatively affect the taste of the food that is produced from these crops.

c. The Bt toxin could result in the death of non-pest species of insects. d. The Bt gene could ultimately make the plants pathogenic to humans.

Explanation:

Genetically engineered crops couldn't harm the economy. They are made to benefit economy, as it's shown in the following quote:

"The commercialization of genetically modified (GM) crops has continued to occur at a rapid rate, with important changes in both the overall level of adoption and impact occurring in 2012.

This annual updated analysis shows that there have been very significant net economic benefits at the farm level amounting to $18.8 billion in 2012 and $116.6 billion for the 17-year period (in nominal terms)."

Reference: Brookes, Graham, and Peter Barfoot. “Economic Impact of GM Crops.” Taylor & Francis, 2014,

8 0
3 years ago
What type of information is NOT found on a consumer's credit report?
tensa zangetsu [6.8K]
I think the answer is D. i’m not really sure but i’m sorry if it is wrong
6 0
3 years ago
Other questions:
  • You just sold 300 shares of stock at a price of $42.06 a share. You purchased the stock for $39.80 a share and have received tot
    8·1 answer
  • If Quail Company invests $50,000 today, it can expect to receive $10,000 at the end of each year for the next seven years, plus
    7·1 answer
  • You _______ inform an officer if you have a weapon in the vehicle.
    7·1 answer
  • When preparing a bank reconciliation, a not sufficient funds (nsf) check is _____?
    6·1 answer
  • Shauna is responsible for studying the general goals and plans developed for her company and translating them into more specific
    13·2 answers
  • On March 1, Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complain
    13·1 answer
  • By this point, you hopefully have a fairly full understanding of what a manager does. If you were offered a managerial position
    7·1 answer
  • The Heating Division of Kobe International produces a heating element that it sells to its customers for $39 per unit. Its varia
    13·1 answer
  • The ________ measures the return on owners' (both preferred and common stockholders) investment in the firm.
    8·1 answer
  • Between 1950 and 2015 the percentage of women in the work force has______.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!