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Anvisha [2.4K]
3 years ago
8

Hudson Co. reports the contribution margin income statement for 2015. Contribution Margin Income Statement For Year Ended Decem

ber 31, 2015 Sales (9,600 units at $225 each) $2,160,000 Variable costs (9,600 units at $180 each) 1,728,000 Contribution margin $432,000 Fixed costs 324,000 Pretax income $108,000 If the company raises its selling price to $240 per unit. Compute Hudson Co.'s contribution margin per unit.
Business
1 answer:
inna [77]3 years ago
7 0

Answer:

$60 per unit

Explanation:

The computation of the contribution margin per unit is shown below:

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $240 per unit - $180 per unit

= $60 per unit

It shows a difference between selling price per unit and the variable cost per unit

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

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A worksheet contains sales dollars for agents with your company. The values are $1,250, $1,090, $985, $985, $880, $756, $675, $6
ivolga24 [154]

Answer:We use the Large Function. the general formula is  =LARGE(first cell:last cell,3) .Please refer to the explanation section for details

Explanation:

Let us assume

A 1 = $1,250,  A 2 = $1,090, A 3 = $985, A 4 = $985, A 5 = $880, A 6 = $756, A 7 = $675, A 78= $650, and A 9 =$600

Using the Large function on excel to return the third largest value, on the formula bar we have the following formula;

=LARGE(A1:A2,3)

7 0
3 years ago
The next dividend payment by Savitz, Inc., will be $1.44 per share. The dividends are anticipated to maintain a growth rate of 6
defon

Answer:

Dividend yield = 5.54%

The expected capital gains yield = 6%

Explanation:

Next Dividend (D1) = $1.44

Growth rate (g) = 6%

Required return (Ke) = 6% + 5.54% = 11.54%

Ke-g = 11.54% - 6% = 5.54%

Price = D1 / (ke / g) = 1.44 /  5.54% = $25.9927 = $26

a. Dividend yield = D1 / Price = $1.44 / $26

Dividend yield = 0.05538

Dividend yield = 0.0554

Dividend yield = 5.54%

b.  The expected capital gains yield = Required return (Ke) - Dividend yield

The expected capital gains yield = 11.54% - 5.54%

The expected capital gains yield = 6%

4 0
3 years ago
Why should a cover letter be short (usually one page)?
melomori [17]

Answer:

When sending an email cover letter, it's even more important to be concise. The first paragraph is what readers pay attention to when reading an email. The rest of the message is typically skimmed.

7 0
3 years ago
The general message of the full disclosure principle is that: a. information is symmetric. b. information is costly to fake. c.
erica [24]

Based on financial and accounting principles, the general message of the full disclosure principle is that "<u>the lack of evidence that something resides in a favored category will often suggest that it belongs to a less favored one."</u>

This is because the full disclosure principle state that all information should be documented in a company or individual financial statements which are believed to affect a reader's knowledge of that specific financial statement.

This ensures that every party that needs to access the financial statements under concern should fully understand them without missing any form of information.

Otherwise, any missing link or information will be ruled in favor of the less favored party in a legal situation.

Hence, in this case, it is concluded that the correct answer is option D.

Learn more here: brainly.com/question/24280368

6 0
3 years ago
Marketing professionals understand that people have needs, wants, and demands. A demand is _____.
Sonja [21]
The correct answer is:  [C]: 
____________________________________________________
 "<span>a want for an item that is much in demand by a great number of people" .</span>
____________________________________________________
<u>Note</u>:  Let us consider the other answer choices:
____________________________________________________
Choice:  [A]:  "<span>a need for basic necessities, such as food, clothing, and shelter."
This refers to a "need" — NOT a "demand" ; so we can rule out "Choice: [A] " .
____________________________________________________
Choice:  [B}:  "a need that is really a want, meaning the person can live without what they demand" . 
This refers to a "want" — NOT a "demand" ; so we can rule out "Choice: [B] " .
________________________________________________________</span>
4 0
2 years ago
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