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2 years ago

Terry's Trees has reached its break-even point and has a contribution margin ratio of 70%. For each $1 increase in sales ______.

Business

1 answer:

Mnenie [13.5K]2 years ago

4 0

Answer:

- total contribution margin will increase by $0.70

- net operating income will increase by $0.70

Explanation:

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The stock price of Atlantis Corp. is $43 today. The risk-free rate of return is 10%, and Atlantis Corp. pays no dividends. A cal

Elena-2011 [213]

Answer:

correct option is a. $.05

Explanation:

given data

stock price S = $43

rate of return r= 10%

exercise price K = $40

time = 6 month

worth = $5

solution

we will apply here formula for worth that is

P = C - S + K × $e^{-rt}$

here C is given worth 5 and S is stock price and K is exercise price and t is time and r is rate

so put here all value in equation 1 we get

P = C - S + K × $e^{-rt}$

P = 5 - 43 + 40 × $e^{-0.1*6/12}$

P = 5 - 43 + 38.05

P = 0.05

so here correct option is a. $.05

8 0

3 years ago

North Company has completed all of its operating budgets.The sales budget for the year shows 50,600 units and total sales of $2,

atroni [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The sales budget for the year shows 50,600 units and total sales of $2,317,800.

The total unit cost of making one unit of sales is $22.

Selling and administrative expenses are expected to be $304,000.

Income taxes are estimated to be $270,180.

Income statement:

Sales= 2,317,800

COGS= (22*50,600)= (1,113,200)

Gross profit= 1,204,600

Selling and administrative= (304,000)

Tax= (270,180)

Net operating profit= $630,420

5 0

3 years ago

Answer the next question on the basis of the following data. Output Total Cost 0 $24 1 33 2 41 3 48 4 54 5 61 6 69 The average f

Nezavi [6.7K]

Answer:

Option (A) is correct.

Explanation:

The average fixed cost is determined by dividing the total fixed cost by number of units produced.

Given that,

Fixed cost = $24

The average fixed cost of producing 3 units of output is:

= Total Fixed cost ÷ Number of units produced

= $24 ÷ 3

= 8

Therefore, the average fixed cost of producing 3 units of output is $8.00.

8 0

3 years ago

Item32 time remaining 46 minutes 2 seconds 00:46:02 item 32 item 32 time remaining 46 minutes 2 seconds 00:46:02 during a recent

abruzzese [7]

The variable cost is calculated as -

Sales - Variable cost = Contribution Margin

Given, Contribution Margin = 25 %

Variable cost = 1 - Contribution Margin = 1 - 25 % = 75 %

25 % of Sales = Contribution Margin = $ 400,000

Sales = $ 400,000 ÷ 25 %

Sales = $ 1,600,000

Variable costs = 75% of Sales = 75 % × $ 1,600,000 = $ 1,200,000

3 0

3 years ago

A stock has a market price of $46.10 and pays a $2.40 annual dividend. what is the dividend yield? 4.13 percent 4.84 percent 5.2

hichkok12 [17]

To solve:
Dividend yield = Annual Dividend / Market Price
Dividend yield = $2.40 / $46.10
Dividend yield = 0.0521
Then we are going to multiply by 100 to get the total in a percent
Dividend yield percent = (0.0521)(100)
Dividend yield = 5.21%

6 0

2 years ago