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snow_tiger [21]
3 years ago
9

Skyler Manufacturing recorded operating data for its shoe division for the year. Sales $4,500,000 Contribution margin 500,000 Co

ntrollable fixed costs 200,000 Average total operating assets 900,000 How much is controllable margin for the year
Business
1 answer:
Anna71 [15]3 years ago
3 0

Answer:

Controllable margin= $300,000

Controllable margin in %= 33.3%

Explanation:

Controllable margin is sales revenue less controllable variable costs and fixed cost.

Controllable margin= Sales revenue - controllable variable cost - controllable fixed costs

Controllable margin= contribution margin - fixed costs

                                     = 500,000 - 200,000= 300,000

Controllable margin in %= 300,000/900,000 × 100 =33.3%

Controllable margin in %= 33.3

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schepotkina [342]

Answer:

The correct option is D,form a corporation

Explanation:

The rationale for my choice of answer is that limited liability applies to a corporation which is found in other types of businesses.

Limited liability is a concept which implies that the liability of shareholders in a limited liability company is limited to the amount contributed to the business by a way of shares held in the company.

When a company runs into debt,the shareholders would not be required to make up such debts from their private pockets,hence Harry and Meghan personal effects are secure.

4 0
3 years ago
A 10-year semi-annual coupon bond with an $1000 par value pays an annual coupon rate of 6% and the market requires 8% APR. What
arlik [135]

Answer:

Coupon= $30 per period.

20 period for semi annual coupon payment.

28.148% discount rate

Explanation:

1.) Coupon rate * face value of bond = coupon

semi annual rate =6%/2=3%

Coupon= 1000 *3%= $30 per period.

2.) t= number of periods = years of maturity * coupon payment semi-annual

t= 10 * 2 = 20 periods.

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where C=coupon payment annual

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P=price of security= 1000 *8%=80

t= years of maturity.

so we have⇒ 60+[(1000-80)/10]/(1000+80)/2

=152/540

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4 0
3 years ago
Firms that spend the greatest percentage of their revenue on advertising tend to be firms that sell
Lisa [10]

Answer:

The correct answer is D

Explanation:

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So, the firm or business who spend the highest percentage of the revenue on advertising the product are the firms which sell the highly differentiated goods.

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3 years ago
During the year ended June 30, 2020, Hopkins College, a private college, received a federal government grant of $800,000 for res
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b

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To measure changes taking place in your financial situation, you probably need to calculate financial ______. multiple choice qu
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To measure changes taking place in your financial situation, you probably need to calculate financial ratios.

<h3>What is  financial ratio?</h3>

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It encompass  many standard ratios used to try to evaluate the overall financial condition , hence To measure changes taking place in your financial situation, you probably need to calculate financial ratios.

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2 years ago
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