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Aleks04 [339]
3 years ago
15

Magic Realm, Inc., has developed a new fantasy board game. The company sold 16,400 games last year at a selling price of $70 per

game. Fixed expenses associated with the game total $246,000 per year, and variable expenses are $50 per game. Production of the game is entrusted to a printing contractor. Variable expenses consist mostly of payments to this contractor. Required: 1-a. Prepare a contribution format income statement for the game last year. 1-b. Compute the degree of operating leverage. 2. Management is confident that the company can sell 20,500 games next year (an increase of 4,100 games, or 25%, over last year). Given this assumption: a. What is the expected percentage increase in net operating income for next year
Business
1 answer:
olga nikolaevna [1]3 years ago
8 0

Answer:

feelsbad

Explanation:

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Cassie has three criteria for her career. She would like to make at least $60,000 a year at the height of her career. She would
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Human capital increase throughout a career because related jobs develop skills for a specific field of work. Humans can develop skills and gain knowledge through the field of work and improve these skills, if they have the passion to develop it.

so c
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Consider the relative liquidity of the following assets:
motikmotik

Answer:

Liquidity of an asset refers to how easily convertible the asset is to cash or so called liquid money.

Most Liquid - A $5 bill

This is already cash so it is the most liquid there is.

Second-Most Liquid  - The funds in a money market account

Funds in a money market account are the second most liquid because most often they can simply be withdrawn from the fund. There might be limits on the number of withdrawals allowed though within a period.

Third-Most Liquid  -  A share in a publicly traded company

A share in a publicly trade company ranks here because to realize the cash, one would need to sell the share first.

Least Liquid - Your house

Your house will be the most difficult of these to liquidate as it will involve a much longer process to eventually get it sold and realize cash. The process will include but will not be limited to, advertising, hiring realtors, inspection etc.

7 0
3 years ago
A law enforcement agent is in charge of getting a writing sample from an uncooperative suspect. the agent puts the suspect in a
zmey [24]
According to my opinion, what the agent did wrong is that he asked him to write the answers of the questions two more times because when we write again and again the same thing our handwriting changes.And what the agent did right is that he influenced him to compose all that he says as he directs the data to the suspect because in this way they can see whether the handwriting matches it or not.
5 0
3 years ago
At the beginning of the current year, Martin Corporation purchases 20% of the outstanding shares of Foster Company for $200,000
ki77a [65]

Answer:

$5,000

Explanation:

Calculation to determine what amount should Martin report as investment income from its ownership of Foster's shares

Using this formula

Amount to be reported as investment income=Net income*Percentage of outstanding shares purchased

Let plug in the formula

Amount to be reported as investment income=$25,000 x 20%

Amount to be reported as investment income= $5,000

Therefore The amount that Martin should report as investment income from its ownership of Foster's shares is $5,000

3 0
3 years ago
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kakasveta [241]

Answer:

salary is a lump sum for work and fixed rate is a fixed rate that changes with amount of hours worked.

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salary is a lump sum for work and fixed rate is a fixed rate that changes with amount of hours worked.

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3 years ago
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