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Darya [45]
4 years ago
11

Marigold Corp.reported the following items for 2019: Income tax expense $50000 Contribution margin 120000 Controllable fixed cos

ts 80000 Interest expense 62000 Total operating assets 28000 How much is controllable margin?
Business
1 answer:
zmey [24]4 years ago
3 0

Answer:

$40,000

Explanation:

The computation of the controllable margin is shown below:

=  Contribution margin - Controllable fixed costs

= $120,000 - $80,000

= $40,000

If we deduct the controllable fixed costs from the contribution margin then the controllable margin can be computed which shows an accurate amount.

All other information which is given is not relevant. Hence, ignored it

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Which payment option provides consistency in on-time bill payment? A) mailing a check B)making a payment by telephone C)submitti
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D, because automatic withdrawal is a schedule payment that takes place without either party having to do a thing as long as the account covera the balance.
6 0
3 years ago
Read 2 more answers
Heather and Jeff live on a farm in Iowa with their three children. They are concerned about the environment because of the high
IgorLugansk [536]

Answer:

Option D, PROUD TRADITIONALISTS.

Explanation:

Environmental activism refers to the coming together of various group of individuals and organizations that work in collaboration in social, scientific, political, and conservational fields with the main purpose of addressing environmental concerns.

Proud traditionalists: have their environmental efforts focused on keeping home running efficiently and effectively. They are focused on family and hardwork and are moderately environmentally conscious.

Heather and Jeff are concerned about the environment because of the high cost of heating their home in winter therefore, the environmental activism segment that best describes Heather and her family is PROUD TRADITIONALISTS.

4 0
3 years ago
Match each role on the left with its corresponding description on the right.
Mariulka [41]

Answer:

1. Book keeper: Carol, an employee of Fresh Café, documents all of its monetary transactions

2. Shareholder: Kyle purchased $1,500 of stock in Computers 'R Us

3. Auditor: B. Kim, an outside contractor, objectively analyzes Flip's Clothing Boutique's accounting processes and data

4. Controller: Charlie oversees all of Groove Market's financial reporting and accounting

Explanation:

1. A bookkeeper oversees a company’s financial data by maintaining books on accurate information such as payroll, accounts receivables, accounts payables and any other financial transactions and reconciliation.

2. A shareholder, also known as a stockholder is a person or other entity who owns at-least one share of a company’s stock or equity.

3. In auditor is a person who is responsible for evaluating the accuracy and reliability of a company’s financial statements. Auditors can be internal or external. Internal auditors are those who audit the financial statements of the company they exist in and external auditors are those from outside audit firms who are hired to evaluate another company’s financial information.

4. A controller in an individual who has responsibility for all accounts-related activities including financial, managerial and high level accounting.

7 0
3 years ago
Which of the Last year Tata Technologies reported $10,500 of sales, $6,250 of operating costs other than depreciation, and $1,30
nordsb [41]

Answer:  -$487.50

Explanation:

Last year income = Sales - Operating Costs - Depreciation - Interest

= 10,500 - 6,250 - 1,300 - ( 5,000 * 6.5%)

= $2,625 - tax

= 2,625 - ( 2,625 * 35%)

= $1,706.25‬

This year income = Sales - Operating Costs - Depreciation - Interest

=  10,500 - 6,250 - (1,300 + 750) - ( 5,000 * 6.5%)

= $1,875

= 1,875 - ( 1,875 * 35%)

= $‭1,218.75‬

Difference = This year income - Last year

= ‭1,218.75‬ - 1,706.25‬

= -$487.50

7 0
3 years ago
A major U.S. automaker has determined that the city mileage for one of its new SUV models is normally distributed with a mean eq
g100num [7]

Answer:

city mileage standard deviation for this SUV model is 2.34 mpg

Explanation:

given data

mean = 15.2 mpg

company indicated SUV more than 17 mpg  = 22 %

to find out

city mileage standard deviation

solution

we know here that

P(Z > 0.77) is = 0.22

so here z is

z = 0.77

and

we use here z-score formula that is

mean x = z × \sigma + \mu   ................1

so

\sigma = ( x - \mu ) ÷ z   ................2

put here value and we get

\sigma = \frac{17-15.2}{0.77}  

\sigma = 2.34

so city mileage standard deviation for this SUV model is 2.34 mpg

3 0
3 years ago
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