What is Wing Things contribution margin expressed

Assignment Help Accounting Basics
Reference no: EM132557494

Question - The Wing Thing from Buffalo New York has annual fixed costs of $1,008,000 that are evenly spread throughout the year. The restaurant breaks even on fixed costs with $120,000 in revenue per month. What is Wing Things contribution margin expressed as a percentage (%)?

a. 70%

b. 72%

c. 30%

d. 12%

Reference no: EM132557494

Questions Cloud

Is the dependent variable discrete or continuous : Is the dependent variable discrete or continuous? What scale of measurement (nominal, ordinal, interval or ratio) is used to measure the dependent variable
Abnormal development throughout the lifespan : Compare normal physical, cognitive, and socioemotional development with abnormal development throughout the lifespan.
What is the total variable costs : The association will spend $2,000 on advertising in the campus paper. If the association expects 90 students, what is the total variable costs
Describe to these clinicians the physiology : How would you describe to these clinicians the physiology that plays a vital role in the development of these diseases?
What is Wing Things contribution margin expressed : The restaurant breaks even on fixed costs with $120,000 in revenue per month. What is Wing Things contribution margin expressed
Cystic fibrosis is genetic disease caused : Cystic fibrosis is genetic disease caused by mutations in the CFTR gene. The consequence of this is production of an abnormal transmembrane protein
Treating hyperthyroidism and hypothyroidism : Identify the drug(s) that would be successful in treating hyperthyroidism and hypothyroidism, and explain why and how they would be successful.
What was the amount of the invoice : Chan Company sold $500.00 of goods to Abdel Company on account, terms 2/10, n/30, and 5% PST. What was the amount of the invoice
What amount should the customer pay : Terms of the sale were 2/10, n/30. If the customer pays the amount within the discount period, what amount should the customer pay

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