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Finger [1]
3 years ago
11

Bramble Corp. recorded operating data for its shoe division for the year. Sales $2000000 Contribution margin 440000 Controllable

fixed costs 180000 Average total operating assets 880000 How much is controllable margin for the year? 22% 50% $260000 $440000
Business
1 answer:
eimsori [14]3 years ago
5 0

Answer: 260000

Explanation:

The controllable margin for the year will be calculated thus:

Contribution margin = 440000

Less: Controllable Fixed Costs = 180000

Controllable margin will now be:

= 440,000 - 180,000

= 260,000

Therefore, the controllable margin will be 260000

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The following information is available for Trinkle Company for the month of June: The unadjusted balance per the bank statement
Ymorist [56]

Answer:

$54,321

Explanation:

Prepare a Bank Reconciliation statement to determine the true cash balance as of June 30.

Bank Reconciliation statement as at June 30

Balance as per Bank Statement             $56,084

Add Outstanding Lodgments                   $2,655

Less Unpresented Checks                       ($4,418)

Balance as per Cash Book                      $54,321

Conclusion

The true cash balance as of June 30 is  $54,321.

5 0
3 years ago
What are five foundations of economics? increasing trade between two countries makes everyone in those countries better off.
geniusboy [140]

The five foundations of trade are:

  • incentives
  • tradeoffs
  • opportunity cost
  • marginal thinking,
  • principle that trade creates value.

<h3>Why do we engage in trade?</h3>

There are five main foundations of trade that are the reason why people engage in trade. One of them is the profit incentive to make money from trade. Another is the tradeoffs that people are forced to make to survive.

Opportunity cost also leads to trade because people give up one thing for another and so may have to sell the thing they gave up to receive the thing they want. There is also the principle which posits that when we trade, value is created. Finally, there is marginal thinking which is thinking along the lines of the benefit of one additional unit.

Find out more on the foundations of trade at brainly.com/question/2710473

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5 0
2 years ago
(1 point) Redo problem 15 in section 6.3 of your textbook (page 289). Suppose that the machinery in question costs $119000 and e
lana66690 [7]

Answer:

Time will be 8.20 year

Explanation:

We have given that the machinery cost A = $11900

And principal amount P = $67000

Rate of interest r = 7 % = 0.07

We have to find the time t

We know that formula

A=Pe^{rt}

119000=67000e^{0.07t}

1.776=e^{0.07t}

0.07t=ln1.776

0.07t=0.5743

t = 8.20 year  

8 0
4 years ago
A company president attends a groundbreaking ceremony for a new children's hospital located near company headquarters. the presi
Sergio [31]

A company president attends a groundbreaking ceremony for a new children's hospital located near company headquarters. the president's role is best classified as that of a figurehead.

Senior executives can unilaterally control a small number of resources. Rationale: Jeffrey Pfeffer, professor of organizational behavior at Stanford University, theorizes that leadership is independent of most organizational performance. In a team-based organization, a typical leader's role is to facilitate and support the team's decision-making.

Effective leaders are groundbreaking ceremony, motivate teams, take responsibility and delegate, listen to feedback, and have the flexibility to solve problems in an ever-changing workplace. Employers look for these skills in candidates they hire for management positions.

Learn more about the groundbreaking ceremony at

brainly.com/question/13783368

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8 0
1 year ago
The countries of Orion and Scorpius are small mountainous nations. Both produce granite and blueberries. Each nation has a labor
Ghella [55]

Answer:

Orion has a comparative advantage in the production of granite .

Scorpius has a comparative advantage in the production of Blueberries.

Explanation:

We have the relative cost for Orion of producing one Ton of Granite is: 9/6 = 1.5 Bushels of Blueberries, while the relative cost for Scorpius of producing one ton of Granite is : 7/3 = 2.33 Bushels of Blueberries. Thus, Orion has comparative advantage of producing Granite.

We have the relative cost for Orion of producing one Bushels of Blueberries is: 6/9 = 0.67 ton of granite, while the relative cost for Scorpius of producing one Bushels of Blueberries is : 3/7 = 0.43 ton of granite. Thus, Scorpius has comparative advantage of producing Blueberries.

7 0
3 years ago
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