Answer:
Contribution margin ratio = 20%
Explanation:
We know, contribution margin is the difference between sales revenue and variable expenses, while the contribution margin ratio expressed as a parentage between the contribution margin and company sale.
We know,
contribution margin ratio = (contribution margin ÷ sales revenue) × 100
Given,
Contribution margin = $17,600
sales revenue = $88,000
Putting the value into the formula, we can get
contribution margin ratio = ($17,600 ÷ $88,000) × 100
or, contribution margin ratio = 0.2 × 100
Contribution margin ratio = 20%
Given that: F (Future worth) = $2,500, i (nominal interest rate)
= 0.12, compounded monthly = 12 months, years of investment = 1 year, and no.
of employees = 20. Compute using the annuity formula: A=Fi/(((1+i)^n)-1).
Calculating i = 0.12/12 = 0.01, since it is compounded monthly. Calculating n
(total number of compounding) = 1 x 12 = 12, since year of investment is equal
to 1. Substituting F=2500, i=0.01 and n=12 to the annuity formula, you will get
A=$197.12. Multiply by 20, you will get $3,942.44.
Answer:
$849,000 gift card revenue should GoodBuy recognize in 2018
Explanation:
gift cards revenue of GoodBuy recognized in 2018
= gift cards redeemed + remaining gift cards
= $810,000 + $39,000
= $849,000
Therefore, $849,000 gift card revenue should GoodBuy recognize in 2018
Answer:
The correct answers in order are:
Executory
Fulfilled their obligations
Not illegal
Explanation:
The Statute of Frauds prevents the enforcement of an executory contract, which is a contract in which the parties have not fulfilled their obligations. These contracts are not illegal.
Answer: Four times.
Explanation:
Based on the information given, the government expenditure multiplier in this case goes thus:
K = ∆Y/∆G = 1/1-MPC = 1/MPS
For the first country with a MPS of 0.05, K = 1/MPS = 1/0.05 = 20
For the first country with a MPS of 0.2, K = 1/MPS = 1/0.2 = 5
Therefore, 20/5 = 4.
Therefore, the answer is four times.
