Contribution margin ratio=
Contribution margin÷sales
Contribution margin=sales-variable costs
Contribution margin= 525,000−(525,000×0.53)
=246,750
Contribution margin ratio=
246,750÷525,000
=0.47×100
=47%
The answer is d
Hope it helps!
Answer:
y= -3x+1
Step-by-step explanation:
Let's start with the y-intercept (initial value). The y-intercept is where the line intersects the y-axis, so the x value should be 0. Here, the y-intercept is (0,1).
The slope is equivalent to the rise over run. We rise three and go to the left 1 which gives us a slope of negative 3 since we went to the left instead of the right.
Equation for a line:
y=mx+b where m is the slope and b is the y-intercept.
We plug in the slope and y-intercept in and get...
y= -3x+1
Answer:
8.975
Step-by-step explanation:
I had to memorize what 39/40 is which equals 0.975 and then you have 8
8+0.975=8.975
Hopefully I was helpful!
Answer: x = 4y/3+2
y = 0
Step-by-step explanation:
<h2>
Answer:</h2><h2>
Roger's profit = %0.5 (I) - $7</h2><h2>
The minimum number of cups of lemonade you have to sell in order to make a profit = 15</h2>
Step-by-step explanation:
Roger spends $7 to buy supplies for making lemonade.
Cost price = $7
He plans to sell each cup of lemonade for $0.50.
Selling price of one cup of lemonade = $ 0.5
Selling price of I cups = $0.5 (I)
(i) The equation that repesents profit earned by Roger is
Profit = Selling price - cost price
Profit = %0.5 (I) - $7
(ii) the minimum number of cups of lemonade you have to sell in order to make a profit is
By selling minimum 15 cups, the profit earned is
Profit = %0.5 (15) - $7
Profit = $0.5