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3 years ago

A manufacturer of tiling grout has supplied the following data:

Business

1 answer:

Romashka [77]3 years ago

5 0

Answer:

Explanation:

Calculation for the company's contribution margin ratio

First step is to find the Contribution margin using this formula

Contribution margin = Sales - Variable expenses

Let plug in the formula

Contribution margin = $1,910,000-$1,319,000

Contribution margin = $591,000

Second step is to calculate for the Contribution margin ratio using this formula

Contribution margin ratio= Contribution margin ÷ Sales

Let plug in the formula

Contribution margin ratio = $591,000 ÷ $1,910,000

Contribution margin ratio = 0.309×100

Contribution margin ratio=30.9%

Calculation for Total Variable expenses

Variable manufacturing expense $956,000

Variable selling and administrative expense $363,000

Total $1,319,000

Therefore the Contribution margin ratio will be 30.9%

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Which one of the following statements concerning interest rates is correct?

DIA [1.3K]

Where is the statements or answer choices?

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3 years ago

Jamison Company had sales revenue and operating expenses of $5,000,000 and $4,200,000, respectively, for the year just ended. If

Evgesh-ka [11]

Answer:

A,. 13.33%.

Explanation:

Return on Investment (ROI) which gives the efficiency of a particular investment

We were given invested capital amounted as $6,000,000, and operating expenses as $5,000,000

We can calculate net income by substracing equal sales revenue from operating expenses

net income can be calculated as = ($5000000-$420000)

= $800000

ROI can be calculated as

net income/Capital investment

$800000/$6000000

=. 13.33%.

4 0

3 years ago

According to liquidity preference theory, equilibrium in the money market is achieved by adjustments in

sashaice [31]

Answer:The correct option is 'd': The interest rate.

Explanation:

According to Liquidity preference theory money is considered as 'liquid' meaning that liquidity preference is the demand for money.

According to this theory if our investments are more liquid then we ought to cash in for full value as cash is often accepted as most liquid asset.

Thus the liquidity of cash can be controlled by adjusting the interest rates as equilibrium in the money markets is achieved when the demand equals the supply.

4 0

3 years ago

What happens when network externalities are present?

wolverine [178]

I think it is either C or D. I'm not sure which one though. Hope this helped, have a great day! :D

4 0

3 years ago

England and Scotland both produce scones and sweaters. Suppose that an English worker can produce 50 scones per hour or 1 sweate

torisob [31]

Answer:

Explanation:

The country with a comparative advantage in the production of a good should export the good

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

England

Comparative advantage in the production of scones = 1/50 = 0.02

Comparative advantage in the production of sweater = 50/1 = 50

Scotland

Comparative advantage in the production of scones = 2/40 = 0.05

Comparative advantage in the production of sweater = 40/2 = 20

England has a comparative advantage in the production of scones and should export scones

Scotland has a comparative advantage in the production of sweaters and should export sweaters

7 0

3 years ago