Answer:
Operating Income= $110,000
Explanation:
Giving the following information:
Robusta Coffee Importers sold 6,000 units in October at a sales price of $35 per unit. The variable cost is $ 15 per unit. The monthly fixed costs are $10,000.
The operating income is the difference between the contribution margin and the fixed costs:
Contribution margin= selling price - unitary variable cost
Operating income= Total contribution margin - fixed costs
OI= 6,000*(35 - 15) - 10,000= $110,000
If closing the sale is an extremely stressful point for him. If he does not close the sale, the outcome will be he will generate no income.
<h3>What is income?</h3>
Income can be defined as a the cash receive from the sales of goods and services.
Based on the given scenario in a situation were Mike did not close the sale for the day this will tend to mean that he will generate no revenue or income reason being that closing the sale will enables him to generate income.
Therefore the outcome will be he will generate no income.
Learn more about income here:brainly.com/question/25745683
The correct answer is fears
People are often afraid of being late for important meetings or job interviews or anything similar, so if you buy the cell phone, you have nothing to fear. This is a pretty common marketing strategy.
Answer:
True cash balance $7,455
Explanation:
Calculation to Determine the true cash balance as of May
Unadjusted cash balance of $6,558
Add bank collection note $1,050
Add interest revenue $18
Less NSF check $86
Less service charges $85
True cash balance $7,455
Therefore True cash balance is $7,455
<u>Explanation:
</u>
The sooner a stock turnover happens, the more profitable a business operates while enjoying a greater return on its capital and other resources. The stock turnover rate, otherwise known as inventory changes, provides insight into the productivity of a business, both actual and comparative, while turning its money into revenues and profits.
For Example:
When two organizations do have 20 million in stock, the one which sells everything in 30 days has good cash balance and lower incidence than the one which requires 60 days to do.
