Answer:
Bill and Ted's contribution margin for the first month is $790
Explanation:
Contribution margin per unit is the amount that each additional unit sold contributes towards a company’s fixed costs and profit and calculated by following formula:
Contribution Margin per Unit = Sales Price – Variable Cost per Unit
The company had 10 service calls each earning $99 revenue per call and variable costs amounting to $20 per call
Contribution Margin per Unit = $99 - $20 = $79
Bill and Ted's contribution margin for the first month = $79 x 10 = $790
In my opinion, Cindy would open a specialty store, because she wouldn't sell just any kind (of all kinds) of women's clothes, for all women to shop there. She would carefully pick a few lines, she wouldn't have too many products, and her products wouldn't be too cheap. Her main concern would be customer satisfaction.
Answer:
The correct word for the blank space is: Financial.
Explanation:
Financial management within an organization is in charge of planning, organizing, and controlling the financial sources in a way that matches the company's needs with its objectives. It aims to generate profit for a business to make sure the Return Over Investment (<em>ROI</em>) of the firm is good enough.
Answer:
At what rate should the cars be rented to produce the maximum income?
- $34 per day (170 cars rented)
What is the maximum income?
Explanation:
number of cars rented rental price total income
190 $30 $5,700
185 $31 $5,735
180 $32 $5,760
175 $33 $5,775
<u>170 $34 $5,780</u>
165 $35 $5,775
160 $36 $5,760
155 $37 $5,735
150 $38 $5,700
145 $39 $5,655
140 $40
135 $41
130 $42
Answer:
D) 270,000
Explanation:
The computation of the outstanding number of shares is shown below:
= (Issued shares - treasury shares) × stock split ratio
= (100,000 shares - 10,000 shares) × 3
= 90,000 shares × 3
= 270,000 shares
Simply we deduct the treasury stock from the issued shares and then multiply it by the stock split ratio so that the correct amount of outstanding shares can come