Answer:
$2.73
Explanation:
Contribution margin:
Red = Unit Contribution margin × Sales Mix
= $ 2.90 × 2,100
= $6,090
Black = Unit Contribution margin × Sales Mix
= $ 3.00 × 700
= $2,100
Total contribution margin = Red + Black
= $6,090 + $2,100
= $8,190
Total sales mix = 2,100 + 700
= 3,000
Weighted CM:
= Total Contribution Margin ÷ Sales Mix
= $8,190 ÷ 3,000
= $2.73
Answer:
a) 19.5 million
b) $10.5 million
Explanation:
a) Since BBQ builds 15 new restaurants at a cost of $1 million per restaurant, The total cost for building restaurants = 15 × $1 million = $15 million
BBQ spends $300000 on equipment and furnishings for each restaurant. Therefore, total money spent on equipment and furnishings = $300000 × 15 = $4.5 million
The amount of Economic investments = The total cost for building restaurants + total money spent on equipment and furnishings = $15 million + $4.5 million = $19.5 million
b) BBQ issues and sells 300,000 shares of stock at $35 per share.
Therefore, the purely financial investment = $35 per share × 300000 shares = $10.5 million
What was your education/trading path ?
Answer:
The answer is $1,701 billion
Explanation:
Gross Domestic Product (GDP) is the cumulative (total) market value of the final outputs (goods and services) produced within an economy(country) during a given period of time usually a year.
GDP = C + I + G + (X - M)
where C - expenditure by households or consumers
I - investments by businesses or firms
G - expenditure from the government
X - exports from the country
M - imports into the country
Total consumers' expenditure is:
durable goods = $200 billion;
nondurable goods = $350 billion; services = $600 billion
Total. $1,150 billion
Total business investment is $200billion
Therefore, GDP is
$1,150 + $200 + $400 + ($30 - $79)
=$1750 - $49
= $1,701 billion
Using the allowance method, is bad debt expense recognized in the period in which sales related to the uncollectible account are made.
One of the most typical types of bad debt is credit card debt. Lenders issue credit cards, which let you make purchases on credit. These credit cards frequently have exorbitant interest rates that can soon become out of control.
Bad debt costs are typically listed on the income statement as a sales and general administrative expenditure. Accounts receivable on the balance sheet are reduced when bad debts are recognized, but firms still have the right to collect money if the situation changes.
Learn more about bad debts here
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