User Account

All Pages

What is its contribution margin ratio

Assignment Help Financial Management
Reference no: EM132368161

Question

Given below are two independent scenarios:

a. Dream Co. has budgeted sales of $500,000, fixed costs are $240,000, and variable costs are $375,000. What is its contribution margin ratio? Enter the percentage amount as a whole number (for example, enter 10% as "10").

b. Pearl Company has sales of $825,000, variable costs are 30% of sales, and fixed costs are $360,000. What is its operating profit?

Reference no: EM132368161

Questions Cloud

Compute the anticipated break-even sales : Compute the anticipated break-even sales in units, assuming that the unit selling price is increased and all costs remain constant.
Compute the anticipated break-even sales : For the current year ending April 30, Philip Company expects fixed costs of $70,000, a unit variable cost of $45, and a unit selling price of $95.
Compute the break-even sales in units for the current year : For the coming year, a new wage contract will increase the unit variable cost to $45. The selling price of $50 per unit is expected to remain the same.
What does academic literature say about project management : EEPM 675 - Essentials of Project Management - Athabasca University - Project Management Current News/Event Group Assignment
What is its contribution margin ratio : Dream Co. has budgeted sales of $500,000, fixed costs are $240,000, and variable costs are $375,000. What is its contribution margin ratio?
Determine the value of cash provided by operating activities : Determine the dollar value of cash provided or used by operating activities. If the total is a use of cash, enter as a negative number.
Determine the contribution margin ratio : Lauder Company had fixed costs of $282,500, variable costs of $645,000, and actual sales amounted to $1,100,000. If the company has a break-even point.
What is the stockholders equity of each company : What is the stockholders equity of each company? The total assets and total liabilities of Keurig Green Mountain Coffee, Inc., and Starbucks Corporation are.
Show budgeted balance sheet for the end of december : Show budgeted income statements for November and December. Show budgeted balance sheet for the end of December.

Reviews

Write a Review

Financial Management Questions & Answers

  Why the assumptions affect its validity

Discuss MM Proposition I and II. Explain if this theory makes logical sense to you and why the assumptions affect its validity.

  Compare the required income all the time by the estimation

compare the required income all the time by the estimation of 5 years ago.

  What stock price is expected three years from now

What stock price is expected three years from now (P3)?

  Using triangle arbitrage

What is the profit you can earn on $26,613 using triangle arbitrage?

  What interest rate would you be indifferent between two plan

Assume that you just won the state lottery. Your prize can be taken either in the form of $42,000 at the end of each of the next 25 years (i.e., $1.05 million over 25 years) or as a lump sum of $490,000 paid immediately? At approximately what interes..

  Value of the annuity

A 4-year annuity of eight $8,200 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 14 percent compounded monthly, what is the value of this annuity five years from now? If the d..

  What is the present value of the cost of a vehicle

What is the present value of the cost of a vehicle that costs $18,000 today and costs $3,000 per year to operate and will last for 10 years?

  Describe two of the biggest challenges facing financial

discuss two of the biggest challenges facing financial managers today. one of the articles should be about the

  Warranty claims and improve customer satisfaction

Ford car manufacturer’s objectives are to reduce costs associated with recalls, warranty claims and improve customer satisfaction.

  Balance in the account four years after the last deposit

Victor French made deposits of $5,500 at the end of each quarter to Book Bank, which pays 8% interest compounded quarterly. After 5 years, Victor made no more deposits. What will be the balance in the account 4 years after the last deposit?

  Current spot rate of australian dollar

Assume the following information. You have $900,000 to invest. Current spot rate of Australian dollar (A$) = $0.62. 180-day forward rate of the Australian dollar = $0.64. 180-day interest rate in the United States = 3.5%. 180-day interest rate in Aus..

  Make sharon indifferent between the new and old leases

What new lease payment would make Sharon indifferent between the new and old leases?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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