Posterscom is a small internet retailer of high-quality

Assignment Help Accounting Basics
Reference no: EM13606962

Posters.com is a small Internet retailer of high-quality posters. The company has $1,000,000 in operating assets and fixed expenses of $150,000 per year. With this level of operating assets and fixed expenses, the company can support sales of up to $3,000,000 per year. The company's contribution margin ratio is 25%, which means that an additional dollar of sales results in additional contribution margin, and net operating income, of 25 cents.

Reference no: EM13606962

Questions Cloud

Nokia has two user departments wireless communications amp : nokia has two user departments wireless communications amp digital communications. the two support depts are ts and
What is the height of the rocket above the surface of the : a rocket starts from rest and moves upward from the surface of the earth. for the first 10s of its motion the vertical
Determine the direct materials price variance direct : the following data relate to the direct materials cost for the production of 2000 automobile tiresactual 54600 lbs at
A an egg is thrown nearly vertically upward from a point : a an egg is thrown nearly vertically upward from a point near the cornice of a tall building. it just misses the
Posterscom is a small internet retailer of high-quality : posters.com is a small internet retailer of high-quality posters. the company has 1000000 in operating assets and fixed
Angies blooms purchased a delivery van for 30000 the : angies blooms purchased a delivery van for 30000. the company was given a 3000 cash discount by the dealer and paid
Using the mechanical energy balance estimate the time : using the mechanical energy balance estimate the time required for the water level to drop from an upper piece of tape
A building was purchased on january 1 1998 for 240000 and : a building was purchased on january 1 1998 for 240000 and straight line depreciation method was used. it was estimated
Finished goods inventory is 190000 if overhead applied to : finished goods inventory is 190000. if overhead applied to these goods is 72000 and the overhead rate is 120 of direct

Reviews

Write a Review

Accounting Basics Questions & Answers

  Effect of high inherent risk on the amount of audit

What is the effect of high inherent risk on the amount of audit work required? Answer the same question for high control risk and high acceptable audit risk.

  During the past several years the fasb has attempted to

during the past several years the fasb has attempted to strengthen the theoretical foundation for the development of

  Small group communication theory introduction small group

small group communication theory introduction small group communication theory attempts to explain and predict group

  Present value of the machine profits

At 6% interest what is the present value of the machine's profits

  Calculating break-even and graphing the north kingstown

calculating break-even and graphing. the north kingstown cancer infusion therapy division expects tremendous growth

  Confidence interval for the population mean cash value

A farm brings 15 tons of watermelon to market. Find a 90% confidence interval for the population mean cash value of this crop. What is the margin of error?

  Compute the manufacturing cycle efficiency mce for the

lipex ltd. of birmingham england is interested in cutting the amount of time between when a customer places an order

  What metrics can be used to assess improvement or

what is meant by liquidity?what metrics can be used to assess improvement or deterioration in liquidity?how is

  The analysis and discussion of vulnerabilities was well

the analysis and discussion of the vulnerabilities was well received. you realize that when vulnerability scanning

  What is the amount of the gross profit

During the current year, merchandise is sold for $275,000 cash and $990,000 on account. The cost of the merchandise sold is $950,000. What is the amount of the gross profit?

  How much is the contribution margin ratio

How much is the contribution margin ratio - Keith Company produces flashv drives for computers, which it sells for $20 each.

  What would the annual net cash inflows from this project

the finney company is reviewing the possibility of remodeling one of its showrooms and buying some new equipment to

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