User Account

All Pages

What is the best estimate of company net operating income

Assignment Help Accounting Basics
Reference no: EM131777313

Question - Mitch Corporation's contribution margin ratio is 14% and its fixed monthly expenses are $87,000. If the company's sales for a month are $678,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change.

a. $94,920

b. $591,000

c. $7,920

d. $496,080

Reference no: EM131777313

Questions Cloud

List five steps that can be taken by a paralegal to ensure : Electronic communication poses potential problems in maintaining the confidentiality of consumer information.
What price do consumers pay before the tax is imposed : If the government collects a exist5 specific tax from sellers: What price do consumers pay before the tax is imposed?
Choose the optimal order quantity and reorder point : Currently it is assumed by the manager that demand is deterministic. Choose the optimal order quantity and reorder point.
Impact the strength of the relationship : Can personal compacts be viewed as one-way at times and impact the strength of the relationship between the employees and their organizations?
What is the best estimate of company net operating income : If the company's sales for a month are $678,000, what is the best estimate of the company's net operating income
Analyze the definition of competitiveness of an economy : Carefully analyze the definition of ‘competitiveness’ of an economy with respect to the Global Competitiveness Report.
Organization major problems-issues : Microsoft corporation project-Organization Major Problems & Issues (Address Problem Statement)
How the moches and chimus use the land to construct temple : How the Moches & Chimus use the land to construct their temple and main cities. How the location and the climate phenomenon affected or raised their society?
Provide a minimum of two practical recommendations : Provide a minimum of two practical recommendations for each leadership challenge. Recommendations should integrate the facts from the scenario

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.

  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

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