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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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Akimi4 [234]

Answer:

Josh can recover even if he was negligent and violated the employer's rules.

Explanation:

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Accidents can happen during the course of doing official duty, so worker's compensation provides a cover from financial burden when the employee becomes unproductive as a result of the accident.

Generally the issue of negligence on the part of the employee is not considered.

So Jos will be able to recover worker compensation when he was injured from the car gas tank explosion.

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irga5000 [103]
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3 years ago
Much of macroeconomics attempts to explain a. changes in the growth rate of state government spending. b. changes in the prices
irina1246 [14]

Answer:

C) long-run growth and short-run fluctuations in real GDP

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6 0
3 years ago
It's a good idea to call a day or two in advance to confirm your appointment.
mojhsa [17]

Answer:yes

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6 0
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Read 2 more answers
Describe the advantage of increased global trade and competition on the u.S. Economy
Alinara [238K]

Answer:

The United States can specialise in producing goods and services which capitalise on its competitive advantages.

Explanation:

Increased global trade opens the United States (U.S) to international markets. This allows businesses in the U.S  to scale their operations so as to meet world demand. In doing so, these businesses may experience lower costs per unit due to increasing production capacity. This growth in operations could lead to increased competition from foreign businesses seeking to enter or operating in the U.S economy. Owing to this, higher levels of innovation and efficiency at firm level would be instituted so as to offer competitive prices.

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