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
kolezko [41]
3 years ago
12

Creswell Corporation's fixed monthly expenses are $29,000 and its contribution margin ratio is 56%. Assuming that the fixed mont

hly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $95,000?
Business
1 answer:
lions [1.4K]3 years ago
6 0

Answer:

the company will have an operating income of $24,200 at sales level of $95,000

Explanation:

<u>Target profit formula:</u>

Fixed cost 29,000

Sales revenue  95,000

Contribution Margin Ratio 56% = 0.56

from each dollar of sales 56 cents remains to afford fixed cost and make a gain:

95,000 x 0.56 = 53,200 contribution

less 29,000 fixed cost = 24,200

You might be interested in
What are some factors that would influence supply? Explain
lakkis [162]

Answer:

Some of the factors that influence the supply of a product are described as follows:

i. Price: ...

ii. Cost of Production:  

iii. Natural Conditions:  

iv. Technology:  

v. Transport Conditions:  

vi. Factor Prices and their Availability:  

vii. Government's Policies:  

viii. Prices of Related Goods

<h2>Please mark me as brainliest</h2>
6 0
3 years ago
Which of the following is not an form of money that was traded
Semmy [17]

Answer:

(D) because you cannot sell shells.

8 0
2 years ago
The appellate court decides that the trial court committed reversible error by including evidence found by law enforcement. Law
olga2289 [7]

Answer:

  1. Now that the very evidence that lead to conviction of the defendant, that person will no longer serve the sentence given as a punishment as a result of the crime committed.
  2. Yes, the defendant would be free to go for now, unless they can produce any more evidence to charge him with the crime he allegedly committed.
  3. Conventionally it would go back to the trial court until and unless specified otherwise by the judge.
  4. It could go all the way up to the supreme court depending on whether the legal counsel handling the case puts in a request for it.

Hope that answers the question, have a great day!

7 0
3 years ago
20 points easy?………………………
natita [175]

Answer:

Legal damages

Explanation:

yes 20 points easy

3 0
2 years ago
______ is a structured program in which a high-potential trainee is groomed for a management position through a carefully design
vitfil [10]

Answer:

Management training program.

Explanation:

Management training program is a structured program in which a high-potential trainee is groomed for a management position through a carefully designed sequence of short-term job transfers and rotations, gaining experience with various parts of the business, often with increasing levels of challenge and responsibility.

Basically, it is a structured program which is typically designed and focused on improving a high-potential trainee's skills such as communication, listening, empathy, oratory abilities, etc, in order to make them to be more productive, valuable, an effective leader, and leverage on new opportunities that would help the organization achieve success in their set goals and objectives, as well as enhance their competitive advantage over rivals in the industry.

7 0
4 years ago
Other questions:
  • What is the price at which a dealer will sell a bond?
    8·1 answer
  • Following up on bad news in writing is important to _________. a. promote good relations b. formally confirm follow-up procedure
    15·1 answer
  • Match the descriptions to economic and non-economic factors that affect a business cycle.
    12·2 answers
  • One of the roles that a small business manager may emphasize over a counterpart in a large organization is:
    7·1 answer
  • The ____ rate is the interest rate banks charge each other for borrowing or storing money?
    15·2 answers
  • Fact Pattern: Mr. Bonet, a one-third partner, had a $12,000 basis in his partnership interest. Mr. Bonet withdrew from the ABC P
    5·1 answer
  • Help! Which tasks commonly are performed in Management and Entrepreneurship jobs? Check all that apply.
    5·2 answers
  • The average price of a gallon of gas in 2015 dropped $0.94 (28 percent) from $3.34 in 2014 (to $2.40 in 2015). Let’s see whether
    11·1 answer
  • Carrie billed her legal clients $6,000 for legal work completed during the month. This
    12·1 answer
  • In pure competition, each extra unit of output that a firm sells will yield a marginal revenue that is?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!