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Svetach [21]
3 years ago
10

Sarratt Corporation's contribution margin ratio is 70% and its fixed monthly expenses are $38,000. Assume that the company's sal

es for May are expected to be $97,000. Required: Estimate the company's net operating income for May, assuming that the fixed monthly expenses do not change.
Business
1 answer:
Ahat [919]3 years ago
3 0

Answer:

The company's net operating income for May is $7,930

Explanation:

Sales revenue = $97,000

Variable costs

= $97,000 × (1 - 70%)

= $97,000 × 0.69

= $66,930

Fixed costs = $38,000

Therefore, net operating income = Sales - revenue - variable cost - fixed cost

= $97,000 - $66,930 - $38,000

= $7,930

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Answer:

C. Buster cannot take any more leave if he has also used up his sick leave and vacation days.

Explanation:

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The primary purpose of _________ behaviors is to enhance employees’ skills and to create positive work relationships among cowor
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Answer:

relationship-oriented

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2 years ago
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Answer:

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Explanation:

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Which of the following is not an example of a digital transaction?
gladu [14]
Pretty sure it’s B since Marcos is using cash
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The Wall Street Journal provides a set of guidelines each year for purchasing a laptop computer. The guidelines include recommen
timofeeve [1]

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