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AleksandrR [38]
3 years ago
5

Bramble Corp. recorded operating data for its shoe division for the year. Sales$1300000 Contribution margin360000 Controllable f

ixed costs180000 Average total operating assets720000 How much is controllable margin for the year
Business
1 answer:
Sloan [31]3 years ago
6 0

Answer:

controllable margin for the year is $180,000.

Explanation:

The Controllable Margin is the Profit that is controllable by the divisional manager.

<u>Calculation of Controllable Margin : </u>

Contribution Margin                 $360,000

Less Controllable fixed costs ($180,000)

Division Controllable Margin    $180,000

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"The time horizon to be used when constructing a portfolio to pay for college expenses for a person who is expected to start col
Karolina [17]

Answer:

15 years

Explanation:

If you are constructing a portfolio to cover the education expenses of your child and you expect that he/she graduates from college in 15 years, then the time horizon of your portfolio should be 15 years since it should cover all the expenses until your child graduates. If you start a little earlier and expect your child to graduate in 20 years, the time horizon will be 20 years, or if you start a little later and expect your child to graduate in 10 year, then the time horizon is 10 years.

7 0
3 years ago
The management of Idaho Corporation is considering the purchase of a new machine costing $430,000. The company's desired rate of
Travka [436]

Answer:

NPV    $25,200

Explanation:

The computation of the net present value is shown below

<u>Years   Cash flow            Discount            PV </u>

0       -$430,000                  1                 -$430,000

1         $180,000                0.909             $163,620

2       $120,000                  0.826           $99,120

3       $100,000                   0.751           $75,100

4       $90,000                   0.683           $61,470

5       $90,000                   0.621           $55,890

NPV                                                        $25,200

5 0
3 years ago
A corporation purchased a piece of land for $50,000. The corporation paid attorney's fees of $5,000 and brokers' commissions of
larisa86 [58]

To find the total cost of the land is $65,000.

<h3>What is a corporation?</h3>
  • A corporation is a business or other type of organization that has been established by a group of people and has been given legal status as a single juridical person by virtue of a treaty, statute, or other act that has been passed by a state or supranational organization.
  • It can be a private or public law legal entity that is recognized in law for specific purposes.
  • 10 Early corporations were created with a charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature).
  • The majority of governments currently permit the registration of new corporations.
<h3>What are attorney fees?</h3>
  • Attorney's fee is a word used mostly in the United States to describe payment for legal services rendered by an attorney on behalf of a client, whether in or out of court.
  • It could be a flat-rate, hourly, or contingent charge.

<h3>Solution -</h3>

To find the total cost of the last, add all the numbers as follows:

50000+5000+3000+1500+6000 = 65,500

Subtract proceeds from the scalp = 65,500 - 500 = 65,000

Therefore, to find the total cost of the land is $65,000.

Know more about legal entities here:

brainly.com/question/14037572

#SPJ4

5 0
2 years ago
What is the opportunity cost of the first extra hour of study?
ziro4ka [17]
T<span>he opportunity cost for the first extra hour of study is an hour of sleep or an hour of something you should have done in lieu of studying. Since you chose to study, and gave up </span>other<span> things which you could have done, those were your opportunity costs. You are willing to give up those things in order to study.</span>
3 0
3 years ago
For the purchase of a smartphone, an independent rating agency indicates that many consumers use price, display, camera quality,
Juliette [100K]

Quality is used to assesses the dimension of the products for reaching its fame among customers.

<u>Explanation:</u>

  • The Product is said to be good only when it satisfies the best quality norms the quality is considered as the main dimension for purchasing the product.  
  • Quality is not considered as just a word but it contains many factors such as durability, reliability, aesthetics, conformance,  price, serviceability, performance, and features of the particular product in all sorts of time with any sort of usage prescribed for it.
3 0
3 years ago
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