Last month when holiday creations inc sold 39000 units

Reference no: EM13584849

Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $287,000, total variable expenses were $232,470, and fixed expenses were $39,200.

Required:

1.What is the company's contribution margin (CM) ratio?

2.Estimate the change in the company's net operating income if it were to increase its total sales by $2,500.

Reference no: EM13584849

Questions Cloud

Calculate the ground state energy and corresponding speed : calculate the ground state energy and corresponding speed of a particle of mass 1.0 g in a box of length l10.0 cm

With a 95 probability what statement can be made about the : a random sample of 49 lunch customers was taken at a restaurant. the average amount of time the customers in the sample

Liu yanlin a teller at changlu agricultural bank seemed to : liu yanlin a teller at changlu agricultural bank seemed to be a model employee. she enthusiastically accepted a wide

A sample of 60 students from a large university is taken : a sample of 60 students from a large university is taken. the average age in the sample was 22 years with a standard

Last month when holiday creations inc sold 39000 units : last month when holiday creations inc. sold 39000 units total sales were 287000 total variable expenses were 232470 and

What is the mission statement or purpose of the : using the project vote smart website i would like you to research three 3 organizations or causes that are of interest

Construct a 95 confidence interval for the mean of the : you are given the following information obtained from a random sample of 5 observations taken from a large

Calculate the ground state energy of of pi-electrons in : calculate the ground state energy of of pi-electrons in octatetraene c8h10 using the particle in a box model. to

Ess essential company normally produces and sells 4000 : ess essential company normally produces and sells 4000 video monitors for personal computers each month. variable

Reviews

Write a Review

Required(*) Message

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.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

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

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!

Submit Assignment

User Account

All Pages