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krek1111 [17]
2 years ago
8

Compute and interpret the contribution margin ratio using the following data:

Business
1 answer:
ziro4ka [17]2 years ago
5 0

Answer:

contribution margin ratio= 0.37

Explanation:

Giving the following information:

Sales= $4,700

Total variable cost= $2,961

To calculate the contribution margin ratio, we need to use the following formula:

contribution margin ratio= (sales - total variable cost) / sales

contribution margin ratio= (4,700 - 2,961) / 4,700

contribution margin ratio= 0.37

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____________________ includes currency and coins along with the amounts on deposit in bank accounts, checking accounts and many
kakasveta [241]
The answer is Cash. Here’s a tip: Copy and paste the question into Google and most times you’ll be able to find a Quizlet that answers your question faster.
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2 years ago
Company X issues variable-rate debt but wishes to fix its interest rates because it believes the variable rate may increase. Com
Gala2k [10]

Answer: c) a swap

Explanation:

A Swap is a type of Derivative that involves two parties exchanging the cash-flows or even liabilities that they are getting from their different instruments.

Traditionally, Swaps are usually for cash-flows based on debt instruments like bonds, but as a derivative, the underlying instrument can be anything in the financial market.

Company X and Y exchanging cash-flows is a Swap.

3 0
3 years ago
If textbooks and study guides are complements, then an increase in the price of textbooks will result in
Sonja [21]

Answer:

Fewer study guides being sold.

Explanation:

The textbook and the study guides are the material or the books which help the student in order to gain knowledge by going through or study the textbook as well as the guide.

The study guide and the textbooks are complements means that the study guide is the supplement the textbooks as the study guide has the solutions for the questions of the textbooks.

But when there is increase in the price of the textbooks, the demand for the study guides will be decrease as the textbooks will not be purchased by the students which result in fewer study guides being sold in the market.

4 0
3 years ago
Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity
Monica [59]

Answer:

$6,000 Unfavorable

Explanation:

Actual Quantity = 243,000 lbs

Standard Quantity:

= Actual finished units produced × Direct materials standard quantity per unit

= 40,000 units × 6 lbs

= 240,000 lbs

Standard Price = $2 per lb.

Hence,

Direct materials quantity variance:

= (Actual Quantity - Standard Quantity) × Standard Price

= (243,000 - 240,000) × $2

= $6,000 Unfavorable

4 0
2 years ago
You own a stock portfolio invested 35 percent in Stock Q, 25 percent in Stock R, 15 percent in Stock S, and 25 percent in Stock
Harlamova29_29 [7]

Answer:

1.03

Explanation:

Beta is used to measure systemic risk. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors.

Systemic risk are risk that are inherent in the economy. They cannot be diversified away.

The portfolio's beta can be determined by adding together the weighted beta of each stock in the portfolio

weighed beta of a stock = percentage of the stock in the portfolio x beta of the stock

Stock Q = 0.35 x 1.34 = 0.469

Stock R = 0.25 X 0.88 = 0.22

Stock S = 0.15 x 0.57 = 0.0855

Stock T = 0.25 x 1.02 = 0.255

Portfolio beta = 0.469 + 0.22 + 0.0855 + 0.255 = 1.0295 = 1.03

5 0
2 years ago
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