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Aleks [24]
3 years ago
5

Willis Company made a $280,000 investment in new machinery. Assuming the company's margin is 7%, what income will be earned if t

he investment generates $570,000 in additional sales
Business
1 answer:
uysha [10]3 years ago
8 0

Answer:

the income earned is $39,900

Explanation:

The computation of the income earned is shown below:

As we know that

Margin (%) = Income earned ÷ Sales revenue

Therefore,

Income earned = Additional sales  Margin percentage

= $570,000 × 7%

= $39,900

hence, the income earned is $39,900

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

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3 years ago
Your restaurant has assets of $64,342 and liabilities of $47,266. What is the equity of your business?
Alborosie

Answer:

Equity of the business= $17,076.

Explanation:

Equity as used in business is used to refer to the difference between the worth of a business (its assets) and what the business owes (debts and liabilities).

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4 0
3 years ago
Within the relevant range, variable costs can be expected to: Multiple Choice remain constant in total as the activity level cha
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This introduces an applicant and the applicants resume to a potential employer
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Answer

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