Hi there
contribution margin is defined as revenues minus variable expenses. In other words, the contribution margin reveals how much of a company's revenues will be contributing (after covering the variable expenses) to the company's fixed expenses and net income.
The contribution margin of a manufacturer is the amount of net sales that is in excess of the variable manufacturing costs and the variable SG&A expenses.
So contribution margin equals
Sales-variable manufacturing cost-SG&A expenses
1,480,000−420,000−300,000
=760,000....answer
Hope it helps
Answer:
Dividend Yield = 7%
Explanation:
<em>The dividend yield is the proportion of the market price that is earned as dividend. The higher the dividend yield the better for the investor.</em>
<em>The dividend yield is calculated as follows:</em>
Dividend yield = Dividend paid /market price per share × 100
= 0.98/14×100 =7
%
Dividend Yield = 7%
Answer:
Donations to charitable organizations are tax deductible.
Explanation:
The government see charitable organizations similarly as they view welfare programs , since it allocates a certain amount of wealth from the rich to the poor. This is why most countries in the world will allow charitable donations as tax deductible.
That being said, research conducted by Oxfam report actually showed that Companies actually use this rule as a loophole to escape tax payment. Their finding indicates that between 2008 -2014 alone, US corporations has use this loophole to hide around $1.4 Trillion worth of Taxes.
Answer:
$1120
Explanation:
Units in ending inventory = 28 + 23+ 33 - 56 = 28 units
Inventory turnover = 22021 / 2665 = 8.26
Inventory value = 28*40 = 1120
Inventory = =22*130+24*140+26*150+24*160+30*170 = 19060
Answer:
The account "Warranty Liability":
is adjusted at the end of the year
