Answer: c. Contribution margin ratio = 1 − Variable cost ratio
Explanation:
The Contribution margin ratio is defined as the difference between the sales price of a good and it's variable costs. It is expressed as a percentage.
The formula is,
Contribution Margin Ratio = Sales - Variable Costs / Sales
Breaking the formula down further we have,
Contribution Margin Ratio = Sales/ Sales - Variable Costs / Sales
Contribution Margin Ratio = 1 - Variable Costs / Sales
Variable Cost/Sales is the Variable Cost Ratio.
So Option C is correct.
Answer:
<em>The answer is 17.01 minutes</em>
Explanation:
<em>Given that:</em>
<em>The learning rate (r) = 85% = 0.85</em>
<em> T₃₂= 23.52 minutes</em>
<em>By applying the learning curve formula</em>
<em>Thus,</em>
<em>Tₙ = T₁ nᵇ</em>
<em>Where b represent ln(r)/ln2</em>
<em>b = ln( 0.85)/ln2 = -0.2344</em>
<em>23.55 = T₁ * (32)^-0.2344</em>
<em>T₁ = 23.55 * (32)^0.2344</em>
<em>Now,</em>
<em>T₁₂₈ = T₁ (128)^ - 0.2344</em>
<em>= 23.55 * (32)^0.2344 * (128)^ - 0.2344</em>
<em>=17.01 minutes</em>
Answer:
1. Cash $5000 Dr
Common Stock (at par) $5000 Cr
2. Cash $4000 Dr
Loan Payable $4000 Cr
3. Supplies $500 Dr
Account Payables $500 Cr
4. Account Receivables $8000 Dr
Service Revenue $8000 Cr
5. Salaries Expense $3900 Dr
Cash $3900 Cr
6. Prepaid Rent $2400 Dr
Cash $2400 Cr
7. Office Furniture $3500 Dr
Account Payable $3500 Cr
8. Cash $1800 Dr
Unearned Service Revenue $1800 Cr
9. Cash $3000 Dr
Account Receivables $3000 Cr
10. Utilities Expense $1200 Dr
Cash $1200 Cr
11. Dividends $1000 Dr
Cash $1000 Cr
12. Certificate of Deposit Receivable $2000 Dr
Cash $2000 Cr
13. Loan Payable $1600 Dr
Cash $1600 Cr
14. Land $2700 Dr
Cash $2700 Cr
15. Interest Expense $400 Dr
Interest Payable $400 Cr
16. Unearned Service Revenue $1800 Dr
Service Revenue $1800 Cr
17. Supplies Expense $400 Dr
Supplies $400 Cr
18. Salaries Expense $2300 Dr
Salaries Payable $2300 Cr
19. Interest Receivable $150 Dr
Interest Revenue $150 Cr
Explanation:
She decides to purchase the beats brand because she believes it’s a higher quality set. In this case, alicia has been influenced by the Informative effect of price.
<h3>
Information effect of price.</h3>
Consumers tend to use the information about the price of a product to ascertain its Quality. The is basically because the perception of quality is usually indicated by price.
Here, Alicia buying the beats brand even thogh it costs higher than the skullcandy model shows that she is using the information effect of price making her to perceive the beats brand as having higher quality.
Learn more on Information effect of price: brainly.com/question/7930369
Answer:
Current ration is a measurement that measures how many current assets are there to cover up the current liabilities. the ratio represent the firm's ability to meet the day to day, short term obligations.
it is calculated as follows,
Quick Ratio/Current asset ratio=Current Assets/Current Liabilities
a normal, health current asset ratio is 1. and it is better when the number is going up.
This gives the short term lenders (such as short term bond holders) and suppliers the ability to assess the companies ability to pay off the short term obligations in an even of bankruptcy or finanacial crisis.
Explanation:
