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
Debora [2.8K]
3 years ago
5

Baldwin Corp. ended the year carrying $21,580,000 worth of inventory. Had they sold their entire inventory at their current pric

es, how many more dollars of contribution margin would it have brought to Baldwin Corp.?
Business
1 answer:
IceJOKER [234]3 years ago
8 0

Explanation:

The given question cannot be answered as little information is provided.  However it shall be an amount if $21,580,000. For, complete analysis we need to understand  the current prices and various other variable costs. We know that the contribution margin is the Sale Price (SP) minus the Variable Cost (VC). It is the number of sales per unit that will be available to service fixed expenses and to generate the profit.

Therefore, to determine a more detailed answers more inputs are needed.  

You might be interested in
Who appoints the members of the given branch in the United States?
german
T<span>hree parts. They are the </span>Executive,<span> (President and about 5,000,000 workers) </span>Legislative<span> (Senate and House of Representatives) and </span>Judicial<span> (Supreme Court and lower Courts).</span>
5 0
3 years ago
Read 2 more answers
Plus Company uses the estimate of receivables method of accounting for uncollectible accounts. Plus Co. estimates that $4412 of
Darina [25.2K]

Answer:

$4,412

Explanation:

If the company estimates that $4,412 of accounts receivables will be uncollectible, then it must record that number under the Allowance for Bad debts Account.

That account started the year with a $3,284 balance, it decreased by $1,826 (debt written off), and then must be adjusted by crediting $2,954 so its balance = $4,412 on December 31.

3 0
3 years ago
Punitive damages are damages imposed on the wrongdoer by the court as punishment for an unintentional tort.
snow_lady [41]

Answer:

False.

Explanation:

Punitive damages are the damages that a defendant pays in addition to actual damages. Punitive damages are awarded by a court when the defendant's behavior is found to be intentional or negligent.

In the cases of tort liability, the court applies punitive damages when defendants motif is proved to be intentional.

Therefore, the given statement is false, as the court impose punitive damages for intentional tort.

5 0
3 years ago
May, Inc. had the following transactions in 2019, its first year of operations: Issued 22,000 shares of common stock. The stock
tatuchka [14]

Answer:

The amount of paid-in capital        $

Common stocks (22,000 x $2)      44,000

Preferred stocks (1,800 x $120)     216,000

Amount of paid-in capital               260,000

The correct answer is C

Explanation:

The amount of paid-in capital is the total of paid-in capital of common stocks and paid-in capital of preferred stocks. The paid-in capital of each stock is computed as number of stock multiplied by par value of each stock.

6 0
3 years ago
Research indicates that 17 percent of consumers recognize the Flatfeet brand of athletic wear. If there are 30,000 consumers in
jenyasd209 [6]

Answer:

5,100 Consumers

Explanation:

The 17% of the total consumer recognize Flatfeet brand which means:

Consumers who recognize Flatfeet = Total Consumers * percentage of people that recognize the brand

Here

Total consumers are 30,000

And

Percentage of people that recognize the brand is 17%

By putting values, we have:

Consumers who recognize Flatfeet Brand = 30,000 * 17%

Consumers who recognize Flatfeet Brand = 5,100 Consumers

3 0
3 years ago
Other questions:
  • Gross Investment $18
    9·1 answer
  • true or false :those using a learners periy have restrictions on when they may drive because alchol -related crashes are most li
    10·2 answers
  • Intuitiv Manufacturing's large plastics molding machine suddenly broke down during its day shift. When considering the purchase
    9·1 answer
  • Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her pho
    10·1 answer
  • Assume that you own an investment that will pay you $15,000 per year for 12 years, with the first payment today. You need money
    9·1 answer
  • Modern Railways Co. operates a cargo railroad service between New York and Boston. A train owned by Modern Railways derails due
    14·1 answer
  • The instructions for the OS provided by application software are known as _____.
    6·2 answers
  • "Roger has just lost a lawsuit and has agreed to make equal annual payments of $14,200 for the next 8 years with the first payme
    11·1 answer
  • The price paid by buyers in a market will decrease if the government a. increases a binding price floor in that market. b. incre
    12·1 answer
  • Wavetel, a hardware company based in Europe, acquires Telior, its competitor in a neighboring country. Identify the market-entry
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!