1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lana71 [14]
3 years ago
10

Excellent Company has provided the following operating information for one of its divisions: Sales $100,000 Variable expenses $5

5,000 Contribution margin $45,000 Direct fixed expenses $35,000 Common fixed expenses allocated in proportion to sales amounts to $16,000. Based on the provided information, calculate the division's segment margin.
Business
1 answer:
Natalka [10]3 years ago
7 0

Answer:

See below

Explanation:

Given the above information, segment margin is computed as shown below.

Segment margin = Net sales - Cost of sales - Fixed cost

Given that;

Net sales = $100,000

Cost of sales = $55,000

Fixed cost = $35,000

Then,

Segment margin = $100,000 - $55,000 - $35,000

Segment margin = $10,000

Therefore, the division's segment margin is $10,000

You might be interested in
The Gable Inn is an all-equity firm with 16,000 shares outstanding at a value per share of $14.50. The firm is issuing $50,000 o
sukhopar [10]

Answer:

12,552 shares

Explanation:

Data provided:

Initial outstanding shares of the firm = 16,000 shares

Value of each share = $14.50

Debt issued = $50,000

Now,

the number of shares used for issuing for $50,000 debt

= Debt issued / value of each share

on substituting the respective values, we have

the number of shares used for issuing for $50,000 debt

= $50,000 / $14.50

= 3448.27 ≈ 3448 shares

Now,

The shares of stock that are outstanding once the debt is issued =

= Initial outstanding shares -  shares used for issuing for $50,000 debt

= 16,000 - 3448

= 12,552 shares

4 0
2 years ago
Suppose a farmer in Georgia begins to grow peaches. He uses​ $1,000,000 in savings to purchase​ land, he rents equipment for ​$9
11111nata11111 [884]

Answer: The farmer's economic profit is $2,75,000.

Explanation:

Cost Incurred for Growing peaches (Explicit Cost) :

Rents equipment = $90,000 a year

Paid Wages = $1,50,000

Total Explicit cost = $2,40,000

Total Revenue(TR) Earned:

TR = Number of baskets of peaches produced per year × selling price of each peaches

= 2,00,000 × $3.00

= $6,00,000

Opportunity Cost (Implicit Cost):

Interest rate on savings ( 5 %) = 5% of $1,000,000

                                                  = $50,000

Farmer earn as a shoe salesman = $35,000

Total implicit cost = $85,000

<u>Economic Profit:</u>

Economic Profit = Total Revenue - Implicit cost - Explicit cost

                            = $6,00,000 - $85000 - $2,40,000

                            = $2,75,000

3 0
2 years ago
Based on the chart, which of these statements is true? Administrative assistants and attorneys require the most training. Attorn
katovenus [111]
Among the statements this is true: Attorneys and teachers have the least amount of training.

These professionals require a lot of training in their field of work because they are always in the line of question. Lawyers have to perform in and out of the court, with or without their clients in question; while teachers have to perform and act in such manner that they are always held in high regard by people around them.
3 0
3 years ago
Read 2 more answers
Which one of the following accurately orders the rate of return on financial securities from highest to lowest over most of reco
8_murik_8 [283]

Answer:

Common stocks, long-term corporate bonds, long-term government bonds, short-term government bills.

Explanation:

Common stock is a security that represents ownership in a corporation. Owners of common stock have voting rights in electing members of board of directors. Although it's returns vary considerably, it has been observed to offer the highest returns.

Long term corporate bonds are bonds created by a corporation to raise finance for a particular project. It offers high returns in comparison to other investments option.

Long term government bonds unlike the corporate bonds, their returns is a little bit lower because they are more secured.

Short term government bills also known as treasury bills. This is the most liquid securities traded on the market backed by the government and as such have low returns. They are sold at a discount and redeemed at par value.

3 0
2 years ago
Use what you have learned about secured and unsecured loans to complete these sentences. a loan that is associated with a valuab
Hitman42 [59]

A loan that is associated with a valuable asset that can be taken by the lender is  a secured loan.

Ray's loan is unsecured.

Jack's mortgage is a secured loan.

<h3>What are secured and unsecured loans?</h3>

A secured loan is a loan that is backed up by an asset. If the borrower defaults on the loan,the lenfer can take possesion of the asset. An unsecured loan is a loan that is not backed up by any asset.

An unsecured loan is more risky than a secured loan. Thus, unsecured loans have a higher rate of interest.

To learn more about unsecured loans, please check: brainly.com/question/8347317

#SPJ4

4 0
1 year ago
Other questions:
  • Which of the following accounts will give you the LEAST access to your money?
    11·2 answers
  • Which of the following types of accounts have a normal credit balance? a.Capital and drawing b.Assets and liabilities c.Revenues
    13·1 answer
  • Tamara is 52 years old and her divorce became final on September 20, 2014 and has not been modified. The divorce decree stipulat
    12·1 answer
  • The person responsible for having the shipping papers on a ship carrying hazardous cargo is the
    7·1 answer
  • Evertz Metals buys and stockpiles dolomite to use in its smelting processes. Before all this dolomite is​ used, however, they al
    6·1 answer
  • Cougar Corporation bought inventory on account on August 23rd. Cougar paid its supplier for the inventory on August 28th. Cougar
    7·1 answer
  • Acme Global hired a director of safety to help the organization ensure proper compliance with the Occupational Safety and Health
    11·1 answer
  • Which of the following types of work would a company be most likely to preform through outsourcing?
    15·2 answers
  • Tyreek pitches four investors. They agree to each invest $25,000 and value Tyreek's company at 200,000. How much of the company
    10·2 answers
  • An individual who provides services to your business, but is not an employee is considered
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!