What is the effect on profits of the sale

Assignment Help Accounting Basics
Reference no: EM133012981

Question - Scott Power produces batteries. The company has determined its contribution margin to be $3.00 per battery and its contribution margin ratio to be 0.60. What is the effect on profits of the sale of one additional battery? Of one additional dollar of sales?

Reference no: EM133012981

Questions Cloud

Explain the sport rate and closing rate : On 1 July 2016 Air town Ltd entered into an arrangement with a Hong Kong bank to borrow $HK 1,500,000. Explain the sport rate and closing rate
Describe the difference between the types of accounts : Describe the difference between the types of accounts in the Balance sheet and those in the Income Statement
What was sheffield free cash flow : During 2022, Sheffield Corp. reported cash provided by operations of $842000, Based on this information, what was Sheffield free cash flow
What is the value of the total assets : Problem - Swenson Motors has total debt of $682,400 and a debt-equity ratio of.65. What is the value of the total assets
What is the effect on profits of the sale : The company has determined its contribution margin to be $3.00 per battery and its contribution margin ratio to be 0.60. What is the effect on profits of sale
Calculate the present value : Three year bonds are issued at face value of $100,000 on Jan. 1, 2011, and a stated interest rate of 8%. Calculate the present value
What is the present value of your find : First, you open an envelope with a series of ten $5,000 savings bonds, If interest rates are 4%, what is the present value of your find
Explain the accounting treatment of the transfer : Explain the accounting treatment of the transfer of owner-occupied property to investment property on 1 July 2013
What capital cost is assigned to the new building : Cheyenne Company purchased land for $115400 with the intentions of constructing a new operating facility. What capital cost is assigned to the new building

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