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fgiga [73]
3 years ago
7

produces sports socks. The company has fixed expenses of $ 90 comma 000$90,000 and variable expenses of $ 0.90$0.90 per package.

Each package sells for $ 1.80$1.80. Read the requirementsLOADING.... Requirement 1. Compute the contribution margin per package and the contribution margin ratio. Begin by identifying the formula to compute the contribution margin per package. Then compute the contribution margin per package. ​(Enter the amount to the nearest​ cent.) Fixed costs – Operating income = Contribution margin per unit
Business
1 answer:
antiseptic1488 [7]3 years ago
8 0

Answer:

The contribution margin and the contribution ratio is $0.90 and 50% respectively.

Explanation:

The formula to compute contribution margin per package is shown below:

Contribution margin = Selling price per package - variable expense per package

= $1.80 - $0.90

= $0.90

And, the formula to compute contribution ratio is shown below:

= (Contribution per package ÷ selling price per package) × 100

= ($0.90 per package) ÷ ($1.80 per package) × 100

= 50%

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Last year Mike bought 100 shares of Dallas Corporation common stock for $35 per share. During the year he received dividends of
jolli1 [7]

Answer:

Rate of return is 13.2%

Explanation:

Rate of Return is the actual return that an investor receives from an investment in asset during a specific period of time. If the investment is made in the stocks, It includes the dividend received and the price change of the stock.

Total return Received = Dividend + Price change = $1.87 + ($37.75 - 35 ) = $4.62

Rate of Return = Total return During the period / Initial Price of the stock

Rate of Return = $4.62 / $35 = 0.132 = 13.2%

3 0
3 years ago
A rights offering Question 16 options: a) is the least expensive way to raise capital. b) gives the firm a built-in market for n
zysi [14]

Answer: b. gives the firm a built-in market for new securities.

Explanation:

Rights offering are issued by companies when such companies wants to generate additional capital. This may be necessary when such company wants to meet its financial obligations and therefore need extra capital.

A rights offering gives the firm a built-in market for new securities as the security holder are already aware of the company and just buys additional securities.

7 0
3 years ago
Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2
Brrunno [24]

Answer:

answer can be seen in the attached file

Explanation:

Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2 plays strategy (Please, label Player 1's strategies by A, B, and C, and Player 2's strategies as df, dg, ef, and so forth)

What is Game Theory?

This is a mathematical modelling that deals  with the analysis of strategies for dealing with competitive situations where the result of a participant's choice of action depends critically on the actions of other participants. Game theory has been applied to  in war, business, and biology, sport.

In Game theory, outcome is dependent on the contributions of competing parties

3 0
3 years ago
Adam’s Computer Shop had the following transactions last week. Record the general journal below.
Setler [38]

Answer:

Oct 1

Dr Supplies $620

Cr Accounts Payable $620

Oct 6

Dr Cash $350

Cr Fees Earned $350

Octd 7

Dr Equipment $2500

Cr Cash$900

Cr Accounts Payable $1400

Oct 9

Dr Accounts Payable $620

Cr Cash $620

Explanation:

Preparation of the journal entries

Oct 1

Dr Supplies $620

Cr Accounts Payable $620

Oct 6

Dr Cash $350

Cr Fees Earned $350

Octd 7

Dr Equipment $2500

Cr Cash$900

Cr Accounts Payable $1400

($2,500-$900)

Oct 9

Dr Accounts Payable $620

Cr Cash $620

4 0
3 years ago
Explain in detail how Boulders Mall's management may have used media relations as a public relations tool to try to resolve cont
Arada [10]

Explanation:

The management of Boulders Mall made use of the media to offer an apology for what happened in the shopping center, making it clear that there was not actually an act of discrimination due to the way the man dressed in traditional Ndebele clothes dressed and clarifying that in no case At the time, man was discriminated against because of his culture or his traditions.

This was a public way of "calming" the controversies and upsets that could have been generated in many people, because we must remember that this type of action can generate rejection by the community towards the shopping center and generate great economic losses.

4 0
2 years ago
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