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mamaluj [8]
3 years ago
8

If the contribution margin ratio for france company is 45%, sales were $425,000, and fixed costs were $100,000, what was the inc

ome from operations?
a. $191,250


b. $233,750


c. $133,750


d. $91,250
Business
1 answer:
Semenov [28]3 years ago
7 0

Answer:

d. $91,250

Explanation:

We can calculate variable costs by using the contribution margin ratio formula.

Contribution Margin Ratio= Sales revenue Less Variable Costs/Sales revenue

45%= $ 425,000- Variable Costs / $ 425,000

45% * $425,000= $ 425,000 -Variable Costs

$ 191250= $ 425,000- Variable Costs

Variable Costs = $ 425,000- $ 191250

Variable Costs = $ 233750

Sales $ 425,000

Variable Costs 233750

Fixed Costs= $ 100,000

Income from Operations= $ 91250

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Jazz Corporation owns 50% of the Williams Corp. Stock. Williams distributed a $10,000 dividend to Jazz Corporation. Jazz Corp.'s
Elden [556K]

Answer:

$6,500

Explanation:

Calculation for the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp

Based on the information given we were told that the Jazz's Corporation owns part of Williams Corp. stock which is 50% in which Williams Corp. stock distributed the amount of $10,000 dividend to Jazz Corporation which means that Jazz Corporation share in Williams stock is higher than 20% and as well lower than 80% based on this Jazz Corp.'s will be entitled to dividend received deduction of 65% calculated as:

Dividends received deduction =$10,000 × 65%

Dividends received deduction=$6,500

Therefore the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp will be $6,500

7 0
3 years ago
Your friend asks you to help her babysit and will pay you 3 pennies for the first job. you agree to help if she triples your pay
dolphi86 [110]
If it triples each time you will get 19683 pennies
8 0
3 years ago
Cala Manufacturing purchases a large lot on which an old building is located as part of its plans to build a new plant. The nego
Assoli18 [71]

Answer:

Land $434,696

Land improvements $108,609

Building $1,720,600

   To Cash $2,263,905

(Being the amount paid in cash is recorded)

Explanation:

The journal entry is shown below:

Land $434,696

Land improvements $108,609

Building $1,720,600

   To Cash $2,263,905

(Being the amount paid in cash is recorded)

The land, land improvements and the building increases the assets so it is debited while the cash is credited as the cash is paid

The computation of the land is shown below:

= Purchase price of the land + purchase price for the old building + paid amount for tear down the old building + cost to fill and level the lot

= $224,000 + $119,000 + $37,000 + $54,696

= $434,696

7 0
3 years ago
A prokaryotic cell wall that has primarily peptidoglycan with small amounts of teichoic acid and lipoteichoic acid is:________-
k0ka [10]

A prokaryotic cell wall that has primarily peptidoglycan with small amounts of teichoic acid and lipoteichoic acid is: gram positive.

<h3>What is a prokaryotic cell wall?</h3>

The prokaryotic cells are known to have strong cell walls. These are known to be located under a particular capsule. The function is to help in the maintenance of shape and also help in the protections of the interior parts of the cells.

Hence we can say that: A prokaryotic cell wall that has primarily peptidoglycan with small amounts of teichoic acid and lipoteichoic acid is: gram positive.

Read more on prokaryotic cell wall here: brainly.com/question/14771066

#SPJ1

4 0
1 year ago
Walmart can use either self-service check out machines or cashiers to process customer purchases. For Walmart, self-service chec
OLga [1]

Answer:

a) Q = 100M + 60C

b) L = 0

c) L = Q / 60

d) Cost = $66.67

Explanation:

a)

Let M be the self service machines and L be the cashiers hired by company.

M = self service machines

C = hired cashiers

Q = Total output

Each self service machine can process 100 orders per hour = 100M

Cashier can process 60 orders per hour = 60C

Then,

Q = 100M + 60C

b)

Marginal Product of self service machine = 100 / 20 = 5 order per dollar

Marginal Product of cashier = 60 / 10 = 6 order per dollar

Marginal Product of cashier is higher than Marginal Product of self service machine(6 > 5).

Then, demand for self service machine is zero.

L = 0

c)

L = Orders to be processed / Order processed per cashier  

L = Q / 60

d)

L = Q / 60

L = 400 / 60 = 6.66666667

Cost = L x 10 = 6.66666667 x 10 = $66.67

Hope this helps!

7 0
3 years ago
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