Find what is the contribution margin ratio

Assignment Help Accounting Basics
Reference no: EM131790649

Problem

If sales are $899,674, variable costs are $406,528, and operating income is $232,893, what is the contribution margin ratio?

Reference no: EM131790649

Questions Cloud

Research on the internet the efficient market hypothesis : BUS 330 - Discuss the four major conflicts that may occur with the objective of shareholder value maximization. For each conflict explain why it arises
Determine depreciation and what type of change is this : The Peridot Company purchased machinery on January 2, 2009, for $800,000. Determine depreciation for 2011 and What type of change is this
Deducts the mortgage interest on her tax return : What would be the tax consequences - Fran currently deducts the mortgage interest on her tax return - Retire the mortgage on the business property
Consider the case of the cast iron company : Consider the case of the Cast Iron Company. On each nondelinquent sale, Cast Iron receives revenues with a present value of $1,230
Find what is the contribution margin ratio : If sales are $899,674, variable costs are $406,528, and operating income is $232,893, what is the contribution margin ratio?
Prepare the appropriate adjusting entry for depreciation : Wardell Company purchased a mini computer on January 1, 2009, at a cost of $40,000. Prepare the appropriate adjusting entry for depreciation
Prepare the journal entry to be recorded by green company : On December 31, 2016, Green Company finished consultation services. Prepare the journal entry, if any, to be recorded by Green company at December 31, 2018
Prepare the journal entries to record these transactions : Prepare the journal entries to record these transactions on Opps Company's books under a perpetual inventory system
Which represents a parameter and which a statistic : In determining the mean age of all students at your school, you survey 30 students and find the mean of their ages. Is this mean x or m?

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