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
Answer:
See below
Explanation
1. Value of inventory sold
= $280 million in inventory + COGS $23,100 million
= $303,100 million
2. Cost of goods sold
From the above passage, we have been given the COGS , which is $23,100 million
3. Compute inventory turns
= Cost of goods sold / Average stock
= $23,100 million / $151,550
=
Answer:
It could either be B or D personally I would go with D because it makes more sense.
Explanation:
I would mark it as A, True. B/C of how easy it is to get addicted and harm yourself.
