subject
Business, 13.04.2021 01:00 cdgood12

Cirone Inc. reported the following results from last year's operations: Sales $ 9,600,000 Variable expenses 6,810,000 Contribution margin 2,790,000 Fixed expenses 1,926,000 Net operating income $ 864,000 Average operating assets $ 4,000,000 At the beginning of this year, the company has a $1,200,000 investment opportunity with the following characteristics: Sales $ 4,200,000 Contribution margin ratio 30 % of sales Fixed expenses $ 966,000 If the company pursues the investment opportunity and otherwise performs the same as last year, the combined margin for the entire company will be closest to:

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:30
Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below.a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample.assume=0.05. what are the null and alternative hypotheses? choose the correct answer below.b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.
Answers: 2
question
Business, 22.06.2019 16:40
Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622
Answers: 1
question
Business, 22.06.2019 22:00
What tax is paid by the most people in the united states
Answers: 1
question
Business, 23.06.2019 00:00
3. which of the following occupations relate to a skill category of mathematics and data? select all that apply. (2 correct answers) engineer financial analyst mechanic sales person 4. which of the following occupations relate to a skill category of words and literacy? select all that apply. (2 correct answers) educator lawyer marketing manager psychologist architect
Answers: 1
You know the right answer?
Cirone Inc. reported the following results from last year's operations: Sales $ 9,600,000 Variable e...
Questions
question
History, 09.12.2021 22:00
question
Mathematics, 09.12.2021 22:00
question
Mathematics, 09.12.2021 22:00
question
History, 09.12.2021 22:00
Questions on the website: 13722367