User Account

All Pages

What is the contribution margin ratio

Assignment Help Accounting Basics
Reference no: EM132508779

Question - If sales are $814,000, variable costs are 73% of sales, and operating income is $248,000, what is the contribution margin ratio?

a. 27%

b. 31%

c. 69%

d. 73%

Reference no: EM132508779

Questions Cloud

Determine the break-even point in sales units : Determine the break-even point in sales units if the selling price was increased to $64 per unit. Round answer to the nearest whole number
What is the expected return on a one-year security : 4.50% until maturity. A two-year Government security offers a 4.80% yield to maturity. What is the expected return on a one-year security next year?
What is the break-even sales : The unit selling price is $29, and the unit variable costs are $21, what is the break-even sales (units) if fixed costs are reduced by $45,700
Discusses the many details of entrepreneurship : Discusses the many details of entrepreneurship, but what does it take to be an entrepreneur?
What is the contribution margin ratio : Question - If sales are $814,000, variable costs are 73% of sales, and operating income is $248,000, what is the contribution margin ratio
What is the oxidation number and coordination number : Consider the coordination compound [Co(en)3]SO4. What is the oxidation number (ON) and coordination number (CN) of the metal ion?
Prepare the requirements under aasb : Prepare the requirements under AASB 138 / IAS 38 Intangible assets how Mag ltd should account for the costs. provide reason for your answer in reference
Determine the total contribution margin in dollars : Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio
Calculate the convexity of the bond : Calculate the convexity of the bond. Calculate the duration of the bond. What is the duration of the bond? A $100,000 bond has a term to maturity of one year.

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