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stepladder [879]
3 years ago
15

Henderson Company has fixed costs of $35,000 and a contribution margin ratio of 25%. If expected sales are $200,000, what is the

margin of safety as a percent of sales
Business
1 answer:
AveGali [126]3 years ago
5 0

Answer:

30%

Explanation:

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A credit granted to a customer for returned goods requires a debit to a. Accounts Receivable and a credit to a contra-revenue ac
12345 [234]

Answer:

d. Sales Returns and Allowances and a credit to Accounts Receivable.

Explanation:

The entry to record credit granted to customer entails :

Decrease the Assets of Accounts Receivable (credit entry) and Decrease the Sales Revenue (debit entry).

The Recognition of Sales Return and Allowance decreases Sales Revenue.

5 0
2 years ago
If the 3 employees are paid an additional $4/hour for any extra hours they work, they will be motivated to maintain their produc
amm1812

Answer:

The answer is "16 hours"

Explanation:

The 3 workers were paid an extra fee.

\frac{\$4}{hour} \\\\3 \times 4= 12 \ productivity \\\\

Their output rate will be sustained after the 4^{th}hour,

= 12 + 4 \\\\= 16 \ hours

4 0
2 years ago
An insurance company accepts an obligation to pay 10,000 at the end of each year for 2 years. The insurance company purchases a
Olin [163]

Answer:

$18,594.10

Explanation:

Insurance company has to pay $10,000 for two year with rate of 5% since market rate remain same in both the bond.

X = PV (PMT, N, I/Y)

X = PV(10000, 2, 5)

X = 18594.1043

X = $18,594.10

4 0
3 years ago
Final goods and services refer to:
Andrew [12]

Answer:

= goods and services purchased by

ultimate users, rather than for resale or further processing.

Explanation:

= goods and services purchased by

ultimate users, rather than for resale or further processing.

= goods and services purchased by

ultimate users, rather than for resale or further processing.

= goods and services purchased by

ultimate users, rather than for resale or further processing.

= goods and services purchased by

ultimate users, rather than for resale or further processing.

= goods and services purchased by

ultimate users, rather than for resale or further processing.

= goods and services purchased by

ultimate users, rather than for resale or further processing.

= goods and services purchased by

ultimate users, rather than for resale or further processing.

6 0
3 years ago
Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated s
boyakko [2]

Answer:

c) $5 million

Explanation:

The computation of expected net profit is shown below:-

For computing the net profit first we need to compute the profit which is shown below:-

Profit = $50 million - $10 million

= $40 million

Expect net profit = Probability of success × Profit + Probability of unsuccessful × Loss

= $40 × 0.3 + (-$10 × 0.7)

= $5 million

Therefore for computing the expected net profit we simply applied the above formula.

4 0
3 years ago
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