What is the contribution margin per rider

Assignment Help Accounting Basics
Reference no: EM133138216

Question - Express Bus Company operates a bus route that takes passengers from Cleveland to Chicago every day. Assume the bus tickets sell for $50 per rider; the bus line's variable costs are $35 per rider: and its fixed costs are $75,000 each month. What is the contribution margin per rider?

Reference no: EM133138216

Questions Cloud

Which is the equation for EBIT in terms of P : Assume the project can be financed at 8% (before-tax) using debt. Tax Rate is 30%. If P is the rental price, which is the equation for EBIT in terms of P
Essay on effects of social media on pre-teens : Essay, Effects of social media on Pre-teens - Where shows a pos. cont
Studying real life situation : Team members will survey their present employment situation for a real human resource management problem,
Trusting teams by simon sinek on tedtalk : Please watch "Trusting Teams" by Simon Sinek on Tedtalk and answer those two questions
What is the contribution margin per rider : The bus line's variable costs are $35 per rider: and its fixed costs are $75,000 each month. What is the contribution margin per rider
Description of at least two ethical theories : The outline must contain the following major sections that will exist in the Final Paper:
Explain and describe the various costing methods : Essay - Explain and describe the various costing methods used in management accounting. Outline their advantages and disadvantages
Define a recommendation for financial instrument selection : Define a recommendation for financial instrument selection in scenarios that anticipate rising interest rates and scenarios that predict falling interest rates
Section on training methods : Using the section on training methods, list 2 of those that you have experienced. Prepare a grid, with the methods on one column & the 4 levels of evaluation o

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.

  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!

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