How much is its margin of safety ratio

Assignment Help Accounting Basics
Reference no: EM132544086

Question - Coronado Industries Equipment has actual sales of $1000000 and a break-even point of $510000. How much is its margin of safety ratio?

a. 49%

b. 51%

c. 96%

d. 4%

Reference no: EM132544086

Questions Cloud

What is Orioles break-even point in units : The same selling price, variable expenses, and fixed expenses are expected for 2020. What is Oriole's break-even point in units for 2020
Determine the amount of cash flow for the purchase : Determine the amount of cash flow for the purchase of treasury stock that should appear on the Year 2 statement of cash flows.
Determine an estimate of total maintenance cost for a month : Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 41000 units
Organizational analysis : What is the organization and how would you describe it? What would you change about the organization to make it better, without sacrificing ethical standards?
How much is its margin of safety ratio : Coronado Industries Equipment has actual sales of $1000000 and a break-even point of $510000. How much is its margin of safety ratio
Describe your experiences using resources : Describe your experiences using resources, including concerns encountered when conducting academic research through the Ashford University Library.
Explain what did you learn about life : Describe what you have learned from at least three specific courses (e.g., philosophy, history, English, math, psychology, etc.) that has proved its usefulness.
Monopolies-control massive segments of different markets : In today's economy, there are a wide number of powerful companies who in all appearances control massive segments of different markets.
ICT 100 Foundation of information system Assignment : ICT 100 Foundation of information system Assignment Help and Solution, Kings Own Institute - Assessment Writing Service

Reviews

Write a Review

Accounting Basics Questions & Answers

  Review problem on switch to c corp

Why would it be desirable to switch from an S corporation to C corporation once the business is growing fast? The response must be typed.

  What effect will the cash dividend declaration on may

What effect, if any, will the cash dividend declaration on May 31 have on Kissells net income, retained earnings, and cash flows?

  How should expenses be reported in an nfpo statement

How should expenses be reported in an NFPO's statement of activities? As decreases in the net asset classification in which the revenues were reported.

  Calculate the overall break-even point in sales value

Your group has been employed as the management accountants for Imperial Woodworking Ltd and have been asked to prepare a report to the board of directors.

  Ose contreras is the new owner of curveball computer

ose contreras is the new owner of curveball computer services. at the end of july 2012 his first month of ownership

  Prepare a production budget for the second quarter in your

down under products ltd. of australia has budgeted sales of its popular boomerang for the next four months as

  Compute partnership share

Determine the Dividing Partnership Net Income, Compute partnership share, Net income for the year was $288,000. How much is distributed to Prince and Dane?

  What is the effective annual rate being charged

You credit card statement says that you will be charged 1.75% interest a month on unpaid balances. What is the Effective Annual Rate (EAR) being charged

  Method of accounting for federal income tax purpose

Emerald corporation is required to change its method of accounting for federal income tax purposes. Write a memo for your client files describing the results of your research.

  Discuss the possibility of this order being regular

Calculate the price considering the possibility of this order being regular

  How much interest expense is recorded at december

At December 31, 2015, Archangel made an adjusting entry to accrue interest at year-end. How much interest expense is recorded at December 31, 2015

  Formulate a transfer pricing strategy

Formulate a transfer pricing strategy for each of the six intercompany sales between the three subsidiaries

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