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SpyIntel [72]
3 years ago
7

Canada Company had the following operating data for the year for its computer division: sales, $650,000; contribution margin, $1

40,000; total fixed costs (controllable), $100,000; and average total operating assets, $280,000. What is the controllable margin for the year?
A. $140,000.
B. 50%.
C. $40,000.
D. 14.3%.
Business
1 answer:
ss7ja [257]3 years ago
7 0

Answer:

C

Explanation:

In this question, we are asked to calculate the controllable margin.

Mathematically, the controllable margin = Contribution margin - controllable fixed cost

From the question, we can identify that the contribution margin is $140,000 while the controllable fixed cost is $100,000

The controllable margin is thus; $140,000 - $100,000 = $40,000

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Which one of the following statements concerning interest rates is correct?a. Savers would prefer annual compounding over a mont
ryzh [129]

Answer:

The correct answer is letter "C": The effective annual rate equals the annual percentage rate when interest is compounded annually.

Explanation:

Interest Rate is the cost of borrowing money, expressed as a percentage of the loan amount. Interest rates are the primary yardsticks for measuring how much return lenders will get.

The effective annual interest rate is a way of restating the annual interest rate so that it takes into account the effects of compounding. Using the effective annual interest rate helps us understand how differently a loan or investment performs if it compounds annually, semiannually, monthly, or in any other time frame. If compounded annually, the effective interest rate equals the annual percentage rate.

8 0
3 years ago
Suppose you want to invest in ABC stock that does not pay any dividends. A share is trading at $100. You put $10,000 of your own
natta225 [31]

Answer:

A loss of 69%

Explanation:

Price per share $100

Equity invested $10,000

Funds taken from broker $10,000 at an Interest rate 9.00%

Total investment $20,000

Price change 30.00% less

Margin required 30.00%

Total shares purchased from investing = 200 shares

The shares decrease in value by 30%: $20,000 * 0.30 = $6,000.

You pay interest of = $10,000 * 0.09 = $900.

The rate of return will be:

"$6,000 - $900" /"$10,000" = - 0.69 = - 69%

7 0
3 years ago
During the introduction stage of a product's life cycle, typical consumers are during the introduction stage of a product's life
nadya68 [22]
<span>During the introduction stage of a product's life cycle, typically consumers are learning about the product. The product has just been launched and advertisements are made grabbing (hopefully) their new customers attention. During this stage, customers are getting filled with knowledge about a new product or service and how it can benefit them. </span>
3 0
3 years ago
All of the following statements are true about marginal cost except I. marginal cost increases as production expands. II. when m
rewona [7]

Answer:

III. when marginal cost is above average cost, average cost is constant.

Explanation:

Marginal Cost (MC) is the addition to total cost , when an additional variable factor is employed. MC = TCn - TCn-1

Average Total Cost AC is the Total (Fixed &Variable Cost) per unit variable factor employed. AC = TC / Q

MC AC relationship : <u>MC > AC - AC rise</u> ; MC < AC - AC fall ; MC = AC - AC minimum. '3rd' is opposite to the 1st underlined MC AC relationship.

2nd & 4th are other right components of MC AC relationship.  MC < AC - AC fall ; MC = AC - AC minimum (MC cuts AC at its minimum)

1st is also correct as when more variable factors are employed - total cost first increases at a decreasing rate (MC falls) & then it increases at an increasing rate (MC rises).  MC curve cuts AC curve at its minimum (MC = AC - AC minimum)

6 0
4 years ago
Mr. and Mrs. Frazier are legally married and realized a $723,000 gain on sale of a home that had been their principal residence
alexgriva [62]

Answer: $223,000 long-term capital gain.

Explanation:

LEGALLY MARRIED couples who file a JOINT TAX RETURN, selling their Place of PRIMARY RESIDENCE are allowed to reduce by $500,000, their Long-term capital gain.

That means that Mr. and Mrs. Frazier, bless their souls, are allowed to remove $500,000 from the total $723,000 and as such recognize only $223,000 as tax consequence on long-term capital gain.

I guess Uncle Sam likes marriages.

If you need any clarification do react or comment.

4 0
3 years ago
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