1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leviafan [203]
3 years ago
11

The Sand Cruiser is a takeout food store at a popular beachside resort. Teresa Texton, owner of the Sand Cruiser, was deciding h

ow much refrigerator space to devote to four different beverages. Appropriate data on the four beverages follow:Limeade Lemonade Ginger Ale Grape JuiceSales price per case $22.10 $21.00 $22.10 $46.30Variable cost per case 15.90 18.10 15.90 35.50Cases sold per foot of shelf space per day 28 22 6 4The contribution per foot of shelf space per day for Limeade is:
Business
1 answer:
Vanyuwa [196]3 years ago
5 0

Answer: $6.2

Explanation: Contribution margin is the amount of revenue left after paying for the variable cost, it can be formulated as follows :-

contribution =  sales - variable cost

In case of Limeade:-

sale price = $22.10

Variable cost = $15.90

so, putting the values into equation we get :-

contribution per foot = $22.10 - $15.9 = $6.2

You might be interested in
As the television industry has changed in the last few decades from just three major networks to a multiplicity of networks, one
Ket [755]

Answer:

The answer is narrower competitive scope.

Explanation:

In a narrow competitive scope, a business might choose a focus strategy which can be oriented to cost leadership or differentiation. When implementing a focus strategy, the company chooses to only produce goods or provide services to a certain segment of people. In a cost leadership strategy, the business might choose to engage on initiatives that would lead it to be identified from its ability to provide the lowest possible price for its target segment. When choosing a differentiation strategy instead, the company’s competitive advantage would be its ability to provide a wide range of products.

4 0
3 years ago
Costs that can be easily and conveniently traced to a specific product are called ______ costs.
vaieri [72.5K]

Answer:

A direct cost

Explanation:

7 0
3 years ago
You are considering a project which will provide annual cash inflows of $7,500, $3,000, $9,000, and $12,430 at the end of each y
Blababa [14]

Answer:

$25,161.15

Explanation:

The computation of the present value of the cash flows is presented below:

Years   Cash flows        Discount factor               Present value

1            $7,500.00        0.9174311927                $6,880.73

2           $3,000.00        0.8416799933         $2,525.04

3           $9,000.00         0.7721834801                 $6,949.65

4           $12,430.00 0.7084252111                 $8,805.73

Present value                                                        $25,161.15

The discount factor should be computed below

= 1 ÷ (1 + rate)^years

3 0
4 years ago
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 10,000
zmey [24]

Answer:

20.50 times

Explanation:

Cash coverage ratio = (EBIT + Depreciation) / Interest paid

Cash coverage ratio = ($1,640+$410) / $100

Cash coverage ratio = $2,050 / $100

Cash coverage ratio = 20.50 times

So, the cash coverage ratio for 2017 is 20.50 times

5 0
3 years ago
Universal Bank pays 7% interest, compounded annually, on time deposits. Regional Bank pays 6% interest, compounded quarterly. Ba
Lady bird [3.3K]
Rate Assumptions: 500,000 Loan, 60% Loan-To-Value, Rate and Term Refinance, 740+ Credit Score, 180-month loan term, Rate Lock of 30 days. All closing costs are rounded to the nearest discount point. Request a quote to find out what you’re eligible for. We do not require a credit check for a written quote.
4 0
3 years ago
Other questions:
  • When julie, the marketing executive for hope springs, determined that market segments existed with sufficient disposable income
    14·1 answer
  • Any company claiming compliance with GAAP must comply with most standards and interpretations but does not have to follow the di
    7·1 answer
  • James is an employee of RVC Corporation. He works from home and regularly communicates with employees at the central office via
    6·1 answer
  • Giant Ltd acquired 80 percent share capital of Expert Ltd. On 1 July 2018 for a cost of $1,600,000. As at the date of acquisitio
    13·1 answer
  • Do you think a luxury brand can ever be called good value? Explain your answer
    9·1 answer
  • If rosa expects interest rates to fall for the next 10 years she should invest her money in
    14·1 answer
  • In early April 2020, an amendment to the annual budget for 2020 was approved by the city council for inflows and outflows in the
    6·1 answer
  • HS 101 Intro to Economics Quiz
    7·1 answer
  • Kamiar owed Rubio $5,000, which was due in one year. There was no dispute that a debt existed and no dispute over the amount. Ho
    13·1 answer
  • True or False: A company should capitalize advertising expenses if they are expected to produce long term benefits. Group of ans
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!