User Account

All Pages

What is the companys contribution margin ratio

Assignment Help Accounting Basics
Reference no: EM131754434

Last month when Holiday Creations, Inc., sold 37,000 units, total sales were $309,000, total variable expenses were $228,660, and fixed expenses were $38,500.

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 $2,800.

Reference no: EM131754434

Questions Cloud

Describe a sole proprietorship : Describe a sole proprietorship and discuss its advantages and disadvantages. Describe a partnership and discuss its advantages and disadvantages.
Number of heads equals number showing on die : (a) What is the probability that the number of heads equals the number showing on the die?
What are the bond price and ytm : The bond has a face value of $1,000 and a current yield of 8.21 percent. What are the bond's price and YTM
Describe a karyotype and explain how it is performed : Describe a karyotype and explain how it is performed - What is the percentage likelihood that the couple will have a child with cystic fibrosis
What is the companys contribution margin ratio : What is the company's contribution margin (CM) ratio, Estimate the change in the company's net operating income if it were to increase
What are the common features of esss : What are the common features of ESSs? What specific types of decisions were each ESS designed to aid in? What type of company is likely to use each?
Time consequences of expenditure and cost savings : Ignoring the time consequences of expenditure and cost savings, construct a decision tree for this problem and advise the company on a suitable course.
What is the probability that all three coins are heads : (a) What is the probability that all three coins are heads? (b) What is the conditional probability that all three coins are heads.
What is the yield to maturity at a current market price : Yield to maturity Heyman Company bonds have 4 years left to maturity. What is the yield to maturity at a current market price of (1) $829 or (2) $1,104

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