User Account

All Pages

What is the company contribution margin ratio

Assignment Help Accounting Basics
Reference no: EM132787732

Question - The following is Corporation A's contribution format income statement for last month:

Sales $1,000,000

Less: variable expenses 700,000

Contribution margin 300,000

Less: fixed expenses 180,000

Operating income $120,000

The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month.

Required - What is the company's contribution margin ratio?

a. 250%

b. 30%

c. 70%

d. 150%

Reference no: EM132787732

Questions Cloud

Calculate the material price variance : Calculate the material price variance and the material quantity variance related to the M640 electrical relay
Which an inadvertent violation of the code of ethics : Nature and significance of the matter, may not compromise compliance with the fundamental principles provided, once the violation is discovered
How many moles purified copper metal is collected : Metal oxides are often heated at high temperatures in the presence of carbon to retrieve the purified metal. Cu2O(s) + C(s) Cu(s) + CO(g) If a 50.0 g
How many reportable segments does buddy company have : In its segment information for 2014, how many reportable segments does Buddy Company have? Buddy Company and its divisions are engaged solely
What is the company contribution margin ratio : The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month. What is the company contribution margin ratio
What is the gain on sale of equipment to be recognized : The present value of an ordinary annuity of 1 at 12% is 5.65 for ten periods and 5.33 for nine periods. What is the gain on sale of equipment
How many reportable segments does tail company have : Taíl Company and its divisions are engaged solely, In its segment information for 2014. how many reportable segments does Tail Company have?
Calculate taxable income and taxes payable : Depreciation expense for 2020 was $220,000. Capital Cost Allowance (CCA) claimed for the year was $245,000. Calculate taxable income and taxes payable
Post a description of the prevention program : Post a description of the prevention program that you selected and explain why it was not successful in preventing addiction. Then based on this information.

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