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devlian [24]
3 years ago
13

The following data relate to a company that produces and sells a travel guide that is updated monthly: Each book sells for $20.0

0. The company sold 8,000 books in June and 10,000 books in July. The unit contribution margin per book is:
Business
1 answer:
Arturiano [62]3 years ago
7 0

Answer:

10.30

Explanation:

20

8000

160 000 June

10000

200 000 July

20 - 3.20 -4 - .50 -2 = 10.30

costs:Printing and binding...............................$3.20 per copyBookstore discounts................................$4.00 per copySalespersons’ commissions....................$0.50 per copyAuthor’s royalties...................................$2.00

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Logan is a midlevel manager at Oranges Inc. When she turns 60, her company forces her to take mandatory retirement in exchange f
NikAS [45]

Answer:

The correct answer is b. Logan will most likely win because it is illegal for companies to subject midlevel managers to mandatory retirement .

Explanation:

Retirement must be agreed upon in order to be considered legitimate, which is why in this situation Logan is at a greater advantage since the company Oranges wanted to submit him to take retirement, even without requiring it because he did not have the legal age to access it. automatic way. It can be inferred that Oranges is trying to remove him from his position to hire a younger person who can hold the position for many years as Logan did.

4 0
3 years ago
A customer's desire for a product coupled with the buying power or resources to obtain that product is called a ________.
Doss [256]
Pls help or ill fail
5 0
2 years ago
Santiago company incurs annual fixed costs of $66,000. variable costs for santiago's product are $34 per unit, and the sales pri
babunello [35]

Answer: 6250

Explanation:

From the question, we are informed that Santiago company incurs annual fixed costs of $66,000. variable costs for santiago's product are $34 per unit, and the sales price is $50 per unit. santiago desires to earn an annual profit of $34,000.

The contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit for thus:

Contribution margin ratio = (Sales price - Variable cost)/Sales price

= (50-34)/50

= 16/50

= 0.32

Sales = (66,000 + 34,000)/0.32

= 100,000/0.32

= 312,500

Sales volume in units will be sales divided by price. This will be:

= 312,500/50

= 6250

6 0
3 years ago
In general terms, how would a change in investment opportunities affect the payout ratio under the residual payment policy?
adell [148]

Companies with residual dividend policies priorities paying capital expenditures out of earnings.

<h3>What is payout ratio?</h3>

The payout ratio, which is calculated as a percentage of the firm's total earnings, demonstrates the part of earnings that a company distributes to its shareholders in the form of dividends. By dividing the total dividends given out by the net income made, the computation is arrived at.

For dividend investors, the dividend payout ratio is a crucial indicator. It demonstrates how much of a company's earnings are distributed to investors. The higher that number, the less cash a corporation has left over to fund dividend growth and corporate expansion.

Companies with residual dividend policies priorities paying capital expenditures out of earnings. Any unused revenues are then used to pay dividends. Long-term debt and equity are often both parts of a company's capital structure.

To learn more about payout ratio refer to:

brainly.com/question/13083753

#SPJ4

6 0
1 year ago
What is the most money you get in a job?
Veronika [31]

Answer:

it depends on the job but it is a Anesthesiologists

8 0
3 years ago
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