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Alexxandr [17]
3 years ago
12

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]3 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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Avocado Company has an operating income of $108,000 on revenues of $1,054,000. Average invested assets are $505,000 and Avocado
TEA [102]

Answer:

$67,960

Explanation:

Residual income = Operating income - (Average invested assets * Cost of capital)

Residual income = $108,000 - ($500,500 * 8%)

Residual income = $108,000 - $40,040

Residual income = $67,960

Thus, the residual income is $67,960

5 0
3 years ago
ABC Company was organized on January 1, 2021. The firm was authorized to issue 150,000 shares of $8 par value common stock. Duri
soldi70 [24.7K]

Answer: $780,000

Explanation:

The Paid-In Capital refers to the amount of Equity in the company which can also be said to be the amount of money raised from share sales;

= (45,000 * 10) + (30,000 * 11)

= $780,000

8 0
3 years ago
The u.s. home mortgage market initiated the __________ of 2008-2009. minor global economic spike international bond market globa
Anna71 [15]
"The US Home Mortgage market initiated the 'global economic recession' of 2008-2009."

Biggest economic recession since the Great Depression back in the '30s.
4 0
3 years ago
Assume the price of product Y (the quantity of which is on the vertical axis) is $15 and the price of product X (the quantity of
Delicious77 [7]

Answer:

slope of the resulting budget line = \frac{1}{5} = 0.2

Explanation:

given data

price of product Y = $15

price of product X = $3

money income C = $60

to find out

absolute value of the slope of the resulting budget line

solution

we know here equation of resulting budget line is that is express as

AX + BY = C

here A and B are the quantity and X and Y are price and C is income

so

3 A + 15 B  = 60

so

the slope of the resulting budget line is

slope of the resulting budget line = \frac{3}{15}

slope of the resulting budget line = \frac{1}{5} = 0.2

8 0
3 years ago
Ending cash balance is shown on which of the following financial statements?
ELEN [110]

Answer:

B

Explanation:

The ending cash balance is listed on the Statement of Cash Flows and Cash listed on the Balance Sheet is the balance as of the end of the year.

The balance sheet and Statement of Cash Flows are financial statements that companies issue to report their financial performance

The Statement of Cash Flowst shows the amount of cash and cash equivalents coming in and going out in the company. 

The balance sheet lists the assets, liabilities, and equity of a company at a specific moment in time and proves the accounting equation

8 0
4 years ago
Read 2 more answers
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