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olganol [36]
3 years ago
12

Cartersville Co. reports the following data:

Business
1 answer:
4vir4ik [10]3 years ago
6 0

Answer:

5.1(Approx)

Explanation:

Given that,

Sales = $787,100

Variable costs = (480,100)

Contribution margin = $307,000

Fixed costs = (246,800)

Operating income = $60,200

Operating leverage:

= Contribution margin ÷ Operating income

= $307,000 ÷ $60,200

= 5.1 (Approx).

Therefore, the operating leverage of Cartersville Co. is 5.1 (approx).

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Lily is planning to sell her home, which she bought seven years ago for a total of $168,000.the property value has increased by
abruzzese [7]
The answer is D. $251,700
7 0
3 years ago
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Given the following information, compute accounts receivable turnover. Gross sales $150,000 Accounts receivable, beginning of ye
STatiana [176]

Answer:

6.75

Explanation:

Given that,

Gross sales = $150,000

Accounts receivable, beginning of year = $18,000

Sales = $135,000

Accounts receivable, end of year = $22,000

Average accounts receivables:

= (Beginning AR + Ending AR) ÷ 2

= ($18,000 + $22,000) ÷ 2

= $40,000 ÷ 2

= $20,000

Accounts receivable turnover:

= Sales ÷ Average accounts receivables

= $135,000 ÷ $20,000

= 6.75

Note: Accounts receivable, end of year is missing from the question. It is amounted to $22,000.

5 0
3 years ago
An investment project provides cash inflows of $705 per year for eight years. a. What is the project payback period if the initi
Yuki888 [10]

Answer: A. 2.05  B. 5.10   C. 0

Explanation: Payback period can be defined as the period under which the profits or savings in an investment can recover the initial outlay invested in that investment. In simple words we can say that it is the time required by an investment to pay for itself.

Pay back period is computed as follows :-

=\:payback\:period=\frac{\:Initial\:cash\:outlay}{cash\:inflows}

therefore,

A. =\:payback\:period=\frac{1450}{705}=2.05years

B.=\:payback\:period=\frac{3600}{705}=5.10years

C.=\:payback\:period=\frac{5800}{705}=0

7 0
4 years ago
A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as ed
patriot [66]

The number of books that will be produced such that the costs from the two methods be the same is 4668 units.

From the complete question, the total cost of the first equation will be:

= 8.25x + 65054

The total cost for the second equation will be:

= 19.50x + 12539

Then, we'll equate both equations together and this will be:

8.25x + 65054 = 19.50x + 12539

Collect like terms

19.50x - 8.25x = 65054 - 12539

11.25x = 52515

Divide both side by 11.25

11.25x/11.25 = 52515/11.25

x = 4668 units.

Therefore, the breakeven unit will be 4668 units.

Read related link on:

brainly.com/question/25265523

5 0
3 years ago
Read 2 more answers
Daily demand for a product is 200 units. the production lead time is 2 days. a 1-day safety stokc is kept. how many kanban conta
SashulF [63]

Answer:6 kanban containers are needed  

Explanation: Using the formula

Number of kanban containers =( dL + S)/C

Where

Average demand, d = 200

Lead time, L = 2 days

Safety stock is 1 day, S = 200 units

Quantity in containers, C  = 100

Number of kanban containers = dL + S/C

= (200 x 2 + 200)/ 100 =400+200/100

= 600/100 = 6

Therefore 6 kanban containers are needed  

4 0
4 years ago
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