Answer:
contribution margin ratio= 0.37
Explanation:
Giving the following information:
Sales= $4,700
Total variable cost= $2,961
To calculate the contribution margin ratio, we need to use the following formula:
contribution margin ratio= (sales - total variable cost) / sales
contribution margin ratio= (4,700 - 2,961) / 4,700
contribution margin ratio= 0.37
Answer:
The correct answer is: Distribution.
Explanation:
To begin with, the concept of distribution inside the marketing field and refering specifically to the internal marketing approach is understand as the way that the informatino of the marketing strategy is distributed inside the organization with all of the members that need to know that data in order to focus on the campaign and make it possible and effective so that the objectives are accomplished. That is why that the planning sessions, workshops, formal reports and personal conversations are part of the internal distribution that is necessary to implement the marketing strategy that the company tends to use.
Answer:
8%
Explanation:
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Cash flow in year 0 = $-300
Cash flow each year from year 1 to 4 = 
× $300 = $24
Cash flow in year 5 = $300 + 24 = $324
IRR = 8%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Answer:
Boyd will record Warranty Expense in the amount of $400 for the month.
Explanation:
Warraty expense is an obligation on the business because business idmliable to accept the claims of warranty. A estimated percentage of warranty expense is charges as an expense in each period.
Sales = $20,000
Warranty repair = 2% of Sales
Warranty Expnese = Sales x Warranty repairs percentage
Warranty Expnese = $20,000 x 2%
Warranty Expnese = $400
