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inysia [295]
3 years ago
8

Crane Company is evaluating its Piquette division, an investment center. The division has a $66000 controllable margin and $4800

00 of sales. How much will Crane’s average operating assets be when its return on investment is 10%?
Business
1 answer:
liberstina [14]3 years ago
8 0

Answer:

$600,000

Explanation:

Data provided in the question:

Controllable margin = $66,000

Sales = $480,000

Return on investment = 10%

Now,

Return on investment  = Controllable Margin ÷ Average Operating Assets

or

10% = $60,000 ÷ Average Operating Assets

or

Average Operating Assets = 60000 ÷ 10%

or

Average Operating Assets = 60000 ÷ 0.01

or

Average Operating Assets = $600,000

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If the total cost of producing 4 units is $150 and the marginal cost of producing the fifth unit is $20, then the total cost of
Fed [463]

Answer:

$170

Explanation:

Marginal cost is defined as the cost of adding an additional cost of a product or service.

Total cost is the sum total of the cost of all the product and/or service.

Cost of producing 4 units = $150

Cost of producing the 5th unit = $20

The cost of producing one unit = $150/4

= $37.5

Total cost of producing 5 units =

Cost of producing 4 units + cost of the 5th unit

= $150 + $20

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Cost of producing the 5 units = $170

3 0
4 years ago
Projects that compete with one another, so that the acceptance of one eliminates the others from further consideration are calle
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Answer:

The answer is B.

Explanation:

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Mutually Exclusive projects are projects that are competing with one another in which only one will be selected and once this particular project is selected the rest wont be considered again.

Whereas, independent projects are those projects that do not compete with any other project. Its cash flow does not have a negative impact on the others

7 0
3 years ago
1. What is the term used to describe a check that has been outstanding for more than six months? (1 point)
a_sh-v [17]
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how can you journalise this a supplier account had been debited with a $200 sales invoice (which had been correctly recorded in
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Answer:

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5 0
3 years ago
Read 2 more answers
Madden Enterprises sells two​ products, Silver models and Gold models. Madden Enterprises predicts that it will sell 6 comma 300
madreJ [45]

Answer:

The weighted average contribution margin per unit is $131.32.

Explanation:

The total combined sales of both the products equal, 6300 + 3900 = 10200

The weightage of each product in sales mix is,

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Gold = 3900 / 10200

The weighted average contribution margin can be calculated by multiplying the per unit contribution of each product with their respective weights.

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7 0
3 years ago
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