User Account

All Pages

What is the company contribution margin ratio

Assignment Help Accounting Basics
Reference no: EM131538455

Question: Last month when Holiday Creations, Inc., sold 42,000 units, total sales were $312,000, total variable expenses were $249,600, and fixed expenses were $37,900.

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

b) Estimate the change in the company's net operating income if it were to increase its total sales by $1,600.

Reference no: EM131538455

Questions Cloud

Find the monthly insurance on the house : Find the monthly insurance on the house. List 3 assumptions that you make about this purchase. After each, explain why the assumption is important.
What challenges do you foresee in trying to plan : Explain how you would approach a health education program for the cultural group you have written about for your SLP.
Limitations of trait theory of leadership : Highlight the strengths and limitations of Trait Theory of leadership. Select an effective leader to use for this Discussion.
Compute the equivalent annual cost for each machine : Compute the equivalent annual cost for each machine and based on this cost, determine which machine should be purchased.
What is the company contribution margin ratio : Last month when Holiday Creations, Inc., sold 42,000 units, total sales were $312,000, total variable expenses were $249,600, and fixed expenses were $37,900.
Find the amount of interest he will pay on the loan : Enrique borrowed $3600 to put a down payment on a motorcycle. The loan had simple interest rate of 8% for 2 years. find amount of interest he will pay on loan.
Hardy-weinberg equilibrium : Calculate the frequency of the alleles. Calculate expected number of each genotype if the population were in Hardy-Weinberg equilibrium.
Determine for unit sales are required to earn target profit : Lin Corporation has a single product whose selling price is $134 and whose variable expense is $67 per unit. The company's monthly fixed expense is $32,300.
What is the merger premium per share : Rudy's and Blackstone are all-equity firms. What is the merger premium per share?

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