1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oksi-84 [34.3K]
3 years ago
7

ACME Inc.'s contribution margin ratio is 58% and its fixed monthly expenses are $36,000. Assuming that the fixed monthly expense

s do not change, what is the best estimate of the company's net operating income in a month when sales are $103,000?
Business
1 answer:
Elodia [21]3 years ago
8 0

Answer:

$23,740

Explanation:

Given that,

Sales = $103,000

Fixed expenses for the month = $36,000

Contribution margin ratio = 58%

Net operating income:

= (Contribution margin ratio × Sales) - Fixed expenses for the month

= (0.58 × $103,000) - $36,000

= $59,740 - $36,000

= $23,740

Therefore, the best estimate of the company's net operating income in a month when sales are $103,000 is $23,740.

You might be interested in
At Ultrinsic.com, students pay a small entry fee to compete in grades-based contests for cash prizes. Suppose that 15 students f
vekshin1

Answer:

A. incentives

Explanation:

An incentive is a motivator to do something. Traditionally incentive is extrinsic, that is there is a reward given when an achievement is made. This is the rational for bonuses on the job. Where an employee is compensated for achieving a milestone at work.

Ultrinsic.com is using incentive of a cash reward for those that get As as a motivator for the students. Students pay an entry fee of $70 and if one student gets an A he will get the whole pool of funds. If more than one person gets an A they will share the money in the pool.

More students will be motivated to get As.

8 0
3 years ago
Which rules are part of referential integrity? Check all that apply.
Brums [2.3K]
Eren dies Sasha dies eren dies Sasha dies eren dies Sasha dies mikasa kills eren and Levi gets his legs broken and a scar on his eye and Sasha dies eren dies Sasha dies eren dies Sasha dies eren dies Sasha dies mikasa kills eren and Levi gets his legs broken and a scar on his eye and Sasha dies eren dies Sasha dies eren dies Sasha dies eren dies Sasha dies mikasa kills eren and Levi gets his legs broken and a scar on his eye and Sasha dies eren dies eren dies Sasha dies eren dies Sasha dies eren dies Sasha dies mikasa kills eren and Levi gets his legs broken and a scar on his eye and Sasha dies eren dies Sasha dies eren dies Sasha dies eren dies Sasha dies mikasa kills eren and Levi gets his legs broken and a scar on his eye and Sasha dies dies eren dies Sasha dies eren dies Sasha dies mikasa kills eren and Levi gets his legs broken and a scar on his eye and Sasha dies
7 0
3 years ago
Read 2 more answers
The aggregate supply curve Multiple Choice is explained by the interest rate, real-balances, and foreign purchases effects. gets
vladimir2022 [97]

Answer:

. shows the various amounts of real output that businesses will produce at each price level

Explanation:

Aggregate supply can be regarded as " domestic final supply" in domain of economics, it is the overall supply of services/ goods that is been produced at a particular overall price within an economy at a given period. It should be noted that aggregate supply shows the various amounts of real output that businesses will produce at each price level

3 0
3 years ago
What were key factors in creating a strong wartime economy?
elena55 [62]
There was several key factors that helped in c<span>reating a strong wartime economy. The first and the foremost important factor was the creation of new technologies. The second factor was increasing the workforce for creating war machines and ammunition's. I hope that the answer has helped you.</span>
8 0
3 years ago
douglas pays selena $43,300 for her 30% interest in a partnership with net assets of $127,900. following this transaction, dougl
Katarina [22]

Selena receives $43,300 from Douglas for her 30% stake in a partnership with $127,900 in net assets. After this transaction, the capital account of Douglas should have a account balance of $38,370.

Douglas's Capital account balance

= Net assets x30%

= $127,900 x 30%

= $31,875

Therefore, Douglas's capital account should have a credit balance of $38,370

A financial repository's account balance represents the amount of money there is at the end of the current accounting period. It is the sum net assets of the balance carried over from the previous month and the net difference between the credits and debits that have been recorded during any given accounting cycle.

The amount due or the net debt may be shown in an account balance. The former is frequently depicted in financial accounts that include net assets recurring bills, like those for utilities or gym memberships. The latter, on the other hand, is reflected in accounts with negative cash balances, such as bank overdrafts.

Learn more about account balance here

brainly.com/question/28699225

#SPJ4

4 0
1 year ago
Other questions:
  • On a mobile device, the operating system resides in firmware, and is therefore, a/an _______________ os.
    9·1 answer
  • company used straight-line depreciation for an item of equipment that cost $20,300, had a salvage value of $5,600 and a six-year
    13·1 answer
  • The allocative function of price cannot operate unless there is:
    12·1 answer
  • What are supertrends that are currently affecting the future of business?
    10·1 answer
  • Which activity relates to judging the seriousness or gravity of a given problem?
    5·2 answers
  • In process cost accounting, the costs of direct materials and direct labor are charged directly to a.service departments b.proce
    9·1 answer
  • Warr Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's pr
    6·1 answer
  • Acme Movers is a company that ships goods and cargo to all locations in the United States. The employees understand that the com
    15·1 answer
  • Murphy company has three departments, and uses a multiple predetermined overhead rate system. Department A manufactures parts in
    14·1 answer
  • Green Goddess Developers is a large nationwide landscape company with home offices in Libertyville, IL. The local media often gu
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!