Answer:
A. the company's gross margin is $100,000, while its contribution margin is $60,000.
Explanation:
Under the gross margin, the net income would be
= Sales - cost of goods sold
= $300,000 - $200,000
= $100,000
Under the contribution margin, the net income would be
= Sales - cost of goods sold - variable operating expenses
= $300,000 - $200,000 - $40,000
= $60,000
Under the gross margin, no operating expenses would be considered whereas for contribution margin, only the variable operating expenses is considered
Answer:
The adjusted sale price of the comparable is $270,000
Explanation:
The formula is used to compute the adjusted sale price of the comparable:
= Sale Price - Superior material cost - Square footage cost
= $315,000 - $20,000 - $25,000
=$270,000
The sale price reflects that price on which the property is sold, whereas the superior material is an expense related to the property. Hence, it is deducted from the sale price.
And, the more square footage is produced which is also an expense for a company. So, this also would be deduct from the sale price.
Hence, the adjusted sale price of the comparable is $270,000
Answer: $646,000
Explanation:
Cash payment for the month of September
August pmt = $610,000x 70%= $427,000
September pmt = $730,000 x 30%= $219,000
Total payment in September = $427,000 + $219,000 = $646,000
Answer:
d. -$4,608
Explanation:
The computation of the total capital gain is shown below:
Total capital gains is
= (End value - Beginning value) × 900 shares
= ($34.08 - $39.20) × 900 shares
= -$4,608
Hence, the total capital gain on this investment is -$4,608
Therefore the option d is correct
And, the same is to be relevant
Answer:
The correct answer is (C)
Explanation:
The main purpose of writing a contract is to prevent future misconduct and fraud. The statute of fraud is a legal concept which helps to prevent contract by writing them. It helps to write certain contracts in writing to avoid frauds etc. According to brad, the main reason to execute this law in all states is to prevent enforcement of specific contracts that are not in writing.
