Business, 15.04.2020 01:45 ninja12302
Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume 5 comma 000 Per Unit Sales Revenue $ 7.00 $ 35 comma 000 Variable Costs 1.00 5 comma 000 Contribution Margin 30 comma 000 Fixed Costs 4 comma 000 Operating Income/(Loss) $ 26 comma 000 If a flexible budget is prepared at a volume of 6 comma 300 units, calculate the amount of operating income. The production level is within the relevant range. A. $ 33 comma 800 B. $ 6 comma 300 C. $ 4 comma 000 D. $ 26 comma 000
Answers: 3
Business, 22.06.2019 02:30
Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital
Answers: 2
Business, 22.06.2019 09:30
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
Answers: 3
Business, 22.06.2019 11:00
The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.
Answers: 2
Business, 22.06.2019 17:40
Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.
Answers: 1
Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume...
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