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Korolek [52]
3 years ago
9

Mojo’s Coffee Cart currently has a contribution margin ratio of 55%. The business operates in a resort area and expects a declin

e in revenue of $4,500 per month during the off season. Compute the decrease in net income that the company should anticipate in the off season, assuming that monthly fixed costs and the contribution margin ratio will remain unchanged.
Business
1 answer:
mamaluj [8]3 years ago
3 0

Answer:

Compute the decrease in net income that the company should anticipate in the off season

Net income decrease in $2475

Explanation:

contribution margin=price-associate cost  

55%=100%-45%  

 

Revenue 4500 100%

Cost 2025 45%

Contribution margin 2475 55%

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Gelneren [198K]

Answer:

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Explanation:

The computation of the average dividend amount paid is as follows:

Total net income for first four years is

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5 0
3 years ago
Equipment that cost $420,000 and on which $200,000 of accumulated depreciation has been recorded was disposed of for $180,000 ca
NeTakaya
The entry to record this event would include a  LOSS OF $40,000.
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4 years ago
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juin [17]

Answer:

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nirvana33 [79]

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