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Elodia [21]
3 years ago
7

Use the contribution margin ratio to project operating income​ (or loss) if revenues are $ 520.000 and if they are $ 1.040.000.

​First, select the labels to calculate projected operating income.​ Then, calculate projected income​ (or loss) if revenues are $ 520.000. ​Finally, calculate projected income​ (or loss) if revenues are $ 1.040.000. ​(Enter the contribution margin ratio as a whole percent. Enter losses with a minus sign or​ parentheses.)
Business
1 answer:
Kay [80]3 years ago
5 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Use the contribution margin ratio to project operating income​ (or loss) if revenues are $ 520.000 and if they are $ 1.040.000. ​

<u>We weren't provided with the contribution margin ratio. But, I will give the contribution margin formula and an example to guide an answer.</u>

<u />

Contribution margin ratio= (selling price - unitary varaible cost)/ selling price

<u>For example:</u>

Contribution margin ratio= 0.35

Operating income= sales*contribution margin ratio

Operating income= 520,000*0.35= $182,000

Operating income= 1,040,000*0.35= $364,000

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8 0
3 years ago
On January 1, 2018, Chamberlain Corporation pays $550,000 for an 80% ownership in Neville. Annual excess fair-value amortization
german

Answer:

The question is missing the options, which are contained in the attached question.

The consolidated net income attributable to the non-controlling interest i $30,000.00 with option D as the correct answer as found in the attached

Explanation:

Neville's net income for the year                   $175,000.00

less annual excess fair value amortization    ($25,000.00)

Net income after excess fair amortization      $150,000.00

Chamberlain's share of net income

80%*$150,000.00                                            (<u>$120,000.00)</u>

Non-controlling interest share of net income  $30,000.00

Note that the non-controlling interest is a balancing figure.

Chamberlain consolidated income can be computed thus:

Chamberlain 100%   net income   $380,000.00

Plus share of Neville's net income <u>$120,000.00</u>

Consolidated net income                 <u>$500000.00</u>

Download docx
3 0
3 years ago
The data-mining technique that finds groups in the data that are similar in some way is____.
Morgarella [4.7K]
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Read 2 more answers
Two methods can be used for producing solar panels for electric power generation. Method 1 will have an initial cost of $550,000
Natasha_Volkova [10]

Answer:

the company should choose method 1

Explanation:

                                                  Method 1                Method 2

Initial outlay                              $550,000               $830,000

operating costs (years 1,2,3)    $160,000                $120,000

salvage value                            $125,000               $324,000

we must determine which alternative has the lowest present value:

method 1 = $550,000 + $160,000/1.1 + $160,000/1.1² + $160,000/1.1³ - $125,000/1.1³ = $550,000 + $145,455 + $132,231 + $120,210 - $93,914 =  <u>$853,982</u>

method 2 = $830,000 + $120,000/1.1 + $120,000/1.1² + $120,000/1.1³ - $324,000/1.1³ = $830,000 + $109,091 + $99,174 + $90,158 - $243,426 = $884,996

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