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krek1111 [17]
3 years ago
8

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

Business
1 answer:
ziro4ka [17]3 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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Menlo Company distributes a single product. The company’s sales and expenses for last month follow: sales 616,000 net operating
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Answer:

Explanation:

Giving the following information:

The company’s sales and expenses for last month follow: sales 616,000 net operating income 31,200

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Answer:

A) Behavioural

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3 years ago
Which statement best explains how manufacturers contributed to the economic slow down that lead to the Great Depression
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During 2022, Oriole Company sold equipment with a book value of $158400 for proceeds of $191400. The company purchased new equip
kramer

Answer:

Cash Inflow of $191,400

Explanation:

There are three types of activities in the cash flow statement which are described below:  

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In the given case, the sale proceed of equipment is consider in the investing activity i.e $191,400

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