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4 years ago

WILL GIVE HIGHEST RATING!!!!

Business

1 answer:

deff fn [24]4 years ago

5 0

Id say its A, because entrepreneurs start a business to make a profit.

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Maru [420]

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Following is attached the solution for each part of the question.

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Explanation:

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4 years ago

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3 years ago

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Classy Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States includin

Alina [70]

Answer:

a. Contribution margin per passenger = $40

b. Contribution margin ratio = 50%

c. Operating Income = $160,000

d. Operating Income = $27,500

Explanation:

a. Contribution margin per passenger = Ticket price per passenger - Variable cost per passenger

Contribution margin per passenger = $80 - $40

Contribution margin per passenger = $40

b. Contribution margin ratio = Contribution margin per passenger / Ticket price per passenger

Contribution margin ratio = $40 / $80

Contribution margin ratio = 0.5

Contribution margin ratio = 50%

c. Contribution margin per passenger = $40

Sales (in units) = 13,000 Passengers

Total Contribution = $520,000

Fixed Costs = $360,000

Operating Income = $160,000

d. Sales revenue = $775,000

Contribution margin ratio = 50%

Total Contribution =$387,500 ($775,000 * 50%)

Fixed Costs = $360,000

Operating Income = $27,500

7 0

3 years ago

Bourdon Software has 11.2 percent coupon bonds on the market with 20 years to maturity. The bonds make semiannual payments and c

sasho [114]

Answer:

119.6

Explanation:

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4 years ago

A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the applia

blondinia [14]

Answer:

If the firm is going to need less than 50,000 motors, they should purchase them from the outside vendor.

If the firm is going to use between 50,000 to 59,999 motors, it should use process A.

If the firm expects to use 60,000 or more motors per year, it should use process B.

Explanation:

Process A:

contribution margin per unit = $11 - $7 = $4

break even number of units = $200,000 / $4 = 50,000 units

Process B:

contribution margin per unit = $11 - $8 = $3

break even number of units = $180,000 / $3 = 60,000 units

8 0

3 years ago