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
Alex
3 years ago
10

Bramble Corp. recorded operating data for its auto accessories division for the year. Sales $790000 Contribution margin 260000 T

otal direct fixed costs 90000 Average total operating assets 250000 How much is ROI for the year if management is able to identify a way to improve the contribution margin by $30000, assuming fixed costs are held constant?
Business
1 answer:
Andrei [34K]3 years ago
3 0

Answer:

80%

Explanation:

For computing the return on investment first we have to need the following calculations

New contribution margin = Old contribution margin + increase  in contribution margin

= $260,000 + $30,000

= $290,000

And,

Net Income = Contribution margin - Total direct fixed costs

= $290,000 - $90,000

= $200,000

ROI = Net income ÷  average operating assets

= $200,000 ÷ $250,000

= 80%

You might be interested in
Hazelton Manufacturing prepares a bank reconciliation at the end of every month. At the end of May, the general ledger checking
Zepler [3.9K]

Answer:

Option (3) $1,245

Explanation:

Data provided in the question:

General ledger checking account  balance = $1,360

Bank balance on bank statement = $1445

Deposits in transit = $150

Outstanding checks = $350

Bank statement service charges = $30

NSF checks = $85

Now,

The Correct cash balance will be

                  Bank balance on bank statement              $1,445

Add :          Back deposits in transit                               $150

Subtract :  Outstanding checks                                     $350

----------------------------------------------------------------------------------------------------

Correct balance                                                             $1,245

Hence,

Option (3) $1,245

5 0
3 years ago
Monopolies are bad; patents give firms monopoly;therefore, patents are bad. true of false? why?
TEA [102]

The answer is true. A monopoly is where a company, a group or individual has the power of controlling or possessing supply or trade while patent is where the government provides authority or license. If the monopoly is considered to be bad, the patent will also be bad as it is associated with a particular thing that has a purpose of doing bad since a patent is the agreement, the patent is likely to allow the monopoly do something that is bad or illegal as monopoly has the purpose of doing something bad. 

4 0
3 years ago
If W. Edwards Deming was your management consultant, he would emphasize
VARVARA [1.3K]

Answer:

Letter A. <u>Quality through constant innovation and quality assurance training.</u>

Explanation:

Alternative A is correct, as W. Edwards Deming was a pioneer scholar in the application of organizational quality management.

He was responsible for creating the 14 points, which are principles for management that will help the organization to achieve total quality. He was also responsible for popularizing the PDCA Cycle (PLAN, DO, CHECK, ACT), which is a strategic tool widely used worldwide to ensure continuous improvement and the quality of processes and products.

  • PLAN:  define objectives, methods and resources.
  • DO: Perform, educate and train.
  • CHECK: Measure and evaluate
  • ACT:  act correctly.

Continuous improvement can be achieved through the correct and targeted use of the PDCA cycle towards organizational objectives. For Deming, without continuous improvement, there is no survival of the organization in the market, so he argues that continuous improvement must be implemented in all phases of the project, to achieve the benefits of continuous improvement of processes, increased productivity and reduced costs.

4 0
3 years ago
List and describe the six major price zones into which women's apparel is divided. what are the major factors contributing to th
sergey [27]
<span>designer/signature
bridge
contemporary
better
moderate
budget</span>
7 0
3 years ago
A former client of charlie hayes, cpa, filed a lawsuit in state court alleging that charlie failed to exercise due care in the p
Anestetic [448]

<span>Yes because the AICPA standard for due care does not require CPAs to be infallible. Since the definition of infallible means incapable of making a mistake. Which this is not necessarily true. CPAs are capable of making mistakes and as long as they performed their work with professional due care then they cannot be held accountable for mistakes that may have happened. </span>

8 0
3 years ago
Read 2 more answers
Other questions:
  • Slotnick Chemical received $230,000 from customers as deposits on returnable containers during 2018. Ten percent of the containe
    15·1 answer
  • Trade increases production partly by taking advantage of
    5·1 answer
  • Joe and Fred are economists. Joe thinks that the wealthiest 10% of the US population should be taxed a rate higher than the rest
    7·1 answer
  • All of the following are economic institutions EXCEPT
    5·1 answer
  • A country has nominal GDP equal to $204.31 billion in 2018. The GDP deflator in 2018 has a value of 112.64. What was the value o
    5·1 answer
  • Suppose firm X just paid its annual dividend of $2.00 per share. You expect that the firm will continue to pay $2.00 per share (
    13·1 answer
  • ABC Motors ordinarily deals in used cars and does some amount of repair work. Robby entrusted his automobile to ABC Motors to ha
    13·1 answer
  • A liquidated debt is an obligation the existence or amount of which is in dispute. Group of answer choices True False
    6·1 answer
  • What is the key role of a destination marketing organization (DMO)<br>PLEASE HELP!
    6·1 answer
  • Contribution margin ______.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!