Ram said to me "Dont stand up" .(into indirect speech)

Last year easton corporation reported sales of $870,000, a contribution margin ratio of 40% and a net loss of $39,000. based on

OlgaM077 [116]

First of all, the fixed expenses will be calculated -

Profit = (Sales * Contribution Margin) - Fixed expenses

Loss = $ 39,000, Sales = $ 870,000 and Contribution margin = 40 %

Using the equity of Profit -

- $ 39,000 = ( $ 870,000 * 40 %) - Fixed expenses

Fixed Expenses = $ 348,000 + $ 39,000 = $ 387,000

Now, Break-even point will be calculated as -

Break-even point = Fixed cost ÷ Contribution Margin

Break-even point = $ 387,000 ÷ 40 % = $ 967,500

4 0

4 years ago

suppose that the equilibrium orice of t-shirts increases and the equilibrium quanitiy of t-shorts decreases. this is best explai

Len [333]

Answer: Supply of T-shirts decreasing

Explanation:

If the supply of T-shirts decreases, the equilibrium quantity of t-shirts being supplied to the market will decrease as well. Assuming that demand stays the same, the leftward shift of the supply curve will intersect with the demand curve at a higher equilibrium price.

This is simply because as the t-shirts are in short supply, people will be willing to pay more to have them as they are not as widespread as before.

7 0

3 years ago

Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $219,400 $585,000 Variable costs 88,000

coldgirl [10]

Answer:

Beck Inc. and Bryant Inc.

Beck Inc. Bryant Inc.

a. Operating leverage 0.4 0.1

b. Increase in income $19,710 (27%) $35,100 (18%)

c. The difference in the INCREASE of income from operations is due to the difference in the operating leverages. Beck Inc.'s HIGHER operating leverage means that its fixed costs are a HIGHER percentage of contribution margin than are Bryant Inc.'s.

Explanation:

a) Data and Calculations:

Beck Inc. Bryant Inc.

Sales $219,400 $585,000

Variable costs 88,000 351,000

Contribution margin $131,400 $234,000

Fixed costs 58,400 39,000

Income from operations $73,000 $195,000

Total costs $146,400 $390,000

Operating leverage 1.8 1.2

Operating leverage = Contribution Margin/Income from operations

Increase in Sales by 15%

Beck Inc. Bryant Inc.

Sales $252,310 $672,750

Variable costs 101,200 403,650

Contribution margin $151,110 $269,100

Fixed costs 58,400 39,000

Income from operations $92,710 $230,100

Increase in income $19,710 (27%) $35,100 18%

3 0

3 years ago

A company has outstanding 10 million shares of $2 par common stock and 1 million shares of $4 par preferred stock. The preferred

deff fn [24]

Answer:

C. Preferred stockholders will receive the entire $300,000 and they must also be paid the remaining $20,000 sometime in the future before common stockholders will receive any dividends.

Explanation:

Preferred shares have preference over the common shares in respect of dividend. Since $300,000 is paid as dividend, the entire amount has to be paid to the preferred shareholders, as the total amount payable to them as dividend = $1,000,000 * 4 *8% = $320,000, which is more than the total dividend declared.

In addition, as the preferred shares have cumulative dividend preference the shortfall in any year is to be carried forward and paid in the year in which dividends are paid and that too before any dividend is paid to the common shareholders.

3 0

3 years ago

Suppose that there are five different lemonade stands in the same neighborhood

shtirl [24]

Answer:

Decreased, increased

Explanation:

5 0

3 years ago

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Ram said to me "Dont stand up" .(into indirect speech)​

Ram said to me "Dont stand up" .(into indirect speech)