Express delivery is a rapidly growing delivery service last

Assignment Help Accounting Basics
Reference no: EM13566150

Express Delivery is a rapidly growing delivery service. Last year, 83% of its revenue came from the delivery of mailing "pouches" and small, standardized delivery boxes (which provides a 14% contribution margin). The other 17% of its revenue came from delivering non-standardized boxes (which provides a 62% contribution margin). With the rapid growth of Internet retail sales, Express believes that there are great opportunities for growth in the delivery of non-standardized boxes. The company has fixed costs of $13,010,000.

What is the company's break-even point in total sales dollars? At the break-even point, how much of the company's sales are provided by each type of service? (Use Weighted-Average Contribution Margin Ratio rounded to 4 decimal places e.g. 0.2552 and round final answers to 0 decimal places, e.g. 2,510.)

Reference no: EM13566150

Questions Cloud

The pawlonia tree company has an roa of 12 percent a 7 : the pawlonia tree company has an roa of 12 percent a 7 percent profit margin and an roe of 17 percent. what is the
A quantity is measured 8 times with the following results : a quantity is measured 8 times with the following results 15.653 15.642 15.684 15.629 15.637 15.671 15.658 and 15.663
500 stock market index is 13 and the stock of joes : suppose the riskfree rate is 8 the expected return this year on the sampp 500 stock market index is 13 and the stock
Comprehensive problem 18-68 thriller corporation has one : comprehensive problem 18-68 thriller corporation has one class of voting common stock of which 1000 shares are issued
Express delivery is a rapidly growing delivery service last : express delivery is a rapidly growing delivery service. last year 83 of its revenue came from the delivery of mailing
What is a firms fundamental or intrinsic value what might : what is a firms fundamental or intrinsic value? what might cause a firms intrinsic value to be different than its
The company pays for its insurance policies 12 months in : guitar universe inc. is a popular source of musical instruments for professional and amateur musicians the companys
An investor has a 2-stock portfolio with 50000 invested in : an investor has a 2-stock portfolio with 50000 invested in palmer manufacturing and 50000 in nickles corporation.
Yur firm plans to borrow money at an interest rate of 14 : to raise money to finance the capital budget projects youve been evaluating your firm plans to borrow money at an

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd