What was the income from operations

Assignment Help Accounting Basics
Reference no: EM133076240

Question - If the contribution margin ratio for France Company is 36%, sales were $489,000, and fixed costs were $96,000, what was the income from operations?

Reference no: EM133076240

Questions Cloud

Demographic data have on public health initiatives : What impact does the use of demographic data have on public health initiatives? What type of data do you believe is most valuable for this purpose?
What is the present value of the expected dividend stream : What is the present value of the expected dividend stream in CAD if the pound is expected to appreciate 3% a year against Canadian dollar
Permeate all areas of project management : Explain in your own words how and why ethical standards and professional conduct must permeate all areas of project management.
How much cash was paid for inventory : ABCD reported the following information for 2019 and 2020. Accounts payable for December 31, 2020 50,000. How much cash was paid for inventory
What was the income from operations : If the contribution margin ratio for France Company is 36%, sales were $489,000, and fixed costs were $96,000, what was the income from operations
Company management team and organizational structure : what its market strategy appears to be, and information about the company's management team and organizational structure.
What is the maximum mortgage debt service : Given Richard and Maria's gross income, what is the maximum mortgage debt service amount that would be allowed by a lender
Compute the breakeven point in units and in dollars : The revenue and cost structure of Riverstone Limited is as follows: Selling Price 130.00. Compute the breakeven point in units and in dollars
Generic strategies : Choose a firm with which you are familiar in your local business community. Is the firm successful in following one (or more) generic strategies?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the dividends per share for preferred stock

Windborn Company has 25,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $25 par common stock. Determine the dividends per share

  What are the role of saving and credit institutions

Explain functions Performed by the Global Financial System and the Financial Markets. What are the role of Saving and Credit institutions

  What is carrying value of note receivable as of december

The prevailing rate of interest for a note of this was 10%. What is carrying value of note receivable as of December 31, 2022 Statement of Financial Position?

  Compute a materials price variance for the plates purchased

Compute a materials price variance for the plates purchased last month and a materials quantity variance for the plates used last month.

  Prepare a statement of cash flows using the indirect method

show workdecember 3120122011cash3350013000accounts

  Calculate the rate of return on this investment

Mr. Justin received SF140 as a cash dividend immediately before the share was sold. Calculate the rate of return on this investment in term of US dollar

  Calculate the sample size and sampling interval

Calculate the sample size and sampling interval.

  At what price per pound would it be advantageous for kelp

kelp company produces three joint products from seaweed. at the split-off point three basic products emerge sea tea sea

  A 5-year treasury bond has a 375 yield a 10-year treasury

a 5-year treasury bond has a 3.75 yield. a 10-year treasury bond yields 6.35 and a 10-year corporate bond yields 9.1.

  Post the October transactions to the general journal

An inventory count showed $300 of cleaning supplies remaining on October 31. Post the October transactions to the general journal

  What is the creditable input VAT of Waga for the month

Tin cans, inclusive of VAT P 80,000 and Labels, inclusive of VAT 20,000. What is the creditable input VAT of Waga for the month

  Budget for unforeseen changes and improvements

How may financial managers budget for unforeseen changes and improvemeHow may financial managers budget for unforeseen changes and improvements in information technology that require large capital outlays?

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