4. The following is Arkadia Corporation's contribution format income statement for last month: Sales $1,200,000 Variable expenses 800,000 Contribution margin 400,000 Fixed expenses 300,000 Net operating income $100,000 The company has no beginning or ending inventories and produced and sold 20,000 units during the month. (Each requirement is worth 3 points for a total of 18 points) Required: a. What is the company's contribution margin ratio

Answers

Answer 1

Answer:

Missing word "sold 20,000 units during the month at a sales price of $60 per unit.. b. What is the company's degree of operating leverage? c. How many units would the company have to sell to achieve a desired operating income before taxes of $150,000?"

a. Contribution Margin Ratio = Contribution margin / Sales

= 400000 / 1200000

= 0.3333

= 33.33%

b. Operating Leverage = Contribution / Net Income

= 400000 / 100000

= 4 Times

c. Sale to achieve desired profit = (Fixed Cost + Desired Profit) / Contribution Margin Ratio

= (300000 + 150000) / 0.3333

= $1350000

Sales in Units = $1350000 / 60 units = 22500 units


Related Questions

One of the primary feeds for beef cattle is corn. The following table presents the average price in dollars for a bushel of corn and a pound of ribeye steak for 10 consecutive months.

Corn Price ($/bu)

Ribeye Price ($/lb)

6.26

13.32

6.00

12.25

5.76

12.53

6.33

13.33

6.46

13.28

6.44

13.01

What is the slope of the regression line for predicting the ribeye price from the corn price? Round to 2 decimal places

1.24603+5.18423x

Answers

If the price of corn differs by $1 per bushel then the price of ribeye differs by $1.7071.

The price of corn differs by $0.35 per bushel the price of ribeye differs by $1.7071.* 0.35 = 0.595595

= $0.60.

Corned beef is a slice of processed lean meat made by soaking brisket in a solution of salt and spices to season and soften it. Corned beef provides proteins and nutrients such as iron and vitamin B12, but fat. And relatively high in sodium. It is also a source of certain compounds that may increase the risk of cancer.

Corned beef is made from relatively inexpensive parts of brisket. Meat undergoes a long aging process with large grains of rock salt, or "salt grains" and salt water. By simmering it slowly, it transforms hard beef into a very soft and flavorful part.

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Discuss the principles of management.


Please help

Answers

The principles of management are scientific principles that enable managers to make organizational decisions, accomplish tasks, and achieve organizational goals.

What are the principles of management?

The principles of management enunciated by Henri Fayol enable managers to become efficient and effective include:

Division of WorkDisciplineUnity of DirectionUnity of CommandRemunerationScalar ChainOrderEquityInitiativeEsprit de CorpsThe Degree of CentralizationAuthority and ResponsibilitySubordination of Individual InterestStability of Tenure of Personnel.

These principles of management provide guidance to managers in their decision-making and management activities.

Thus, the principles of management enable managers to make organizational decisions, accomplish tasks, and achieve organizational goals.

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Shoprite environmental impact on people

Answers

ShopRite impacts the environment by reducing harm to the environment and creating job in the recycling sector.

What is an environment?

It should be noted that an environment simply means the surrounding where an organism lives.

At ShopRite, plastics wastes that are generated are recycled into carrier bags. This helps in reducing harm to the environment.

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A swedish children’s toy company is sending its toys to other countries in south america to sell through various distributors. What is this type of entry strategy called?.

Answers

The type of strategy that is used by the Swedish company is what is referred to as exporting.

What is exporting?

Thisn is the term that is used in business and in commerce to refer to the fact that businesses are sending their products to other nations that ahve the need for them.

Exporting is a way that nations get the resources that they do not have in their home nations. Countries trade with themselves through imports and exports.

The company is sending its toys to South America, hence we can say that they are engaged in exporting of goods to the countries.

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What are some of your main personal, academic, and professional goals?

Answers

Think positive to stay focused.

Stay resilient.

Make time to read.

Manage your time.

Find time to relax.

Strive for excellence.

Build a strong network.

Build good study habits.

Pharoah Company has identified that the cost of a new computer will be $40000, but with the use of the new computer, net income will increase by $3000 a year. If depreciation expense is $1000 a year, the cash payback period is: 13.3 years. 20.0 years. 40.0 years. 10.0 years.

Answers

The correct option is payback Period [tex]10.0[/tex] Years.

Payback Period:

The time it takes to recoup the cost of an investment is referred to as the payback period. It is simply the amount of time it takes an investment to break even. The payback period is crucial since people and businesses invest money primarily to be reimbursed.

The temporal worth of money is disregarded. All other capital budgeting strategies take into account the idea of the time value of money. According to the principle of time value of money, a rupee now is worth more than a rupee tomorrow. In order to arrive at discounted flows, different strategies discount future inflows.

You can use the mathematical formula to determine the payback period: Payback Period = Initial investment / Cash flow per year.

Annual Cash flows = Depreciation + Net income

[tex]= 3000+1000 \\=4000[/tex]

Payback Period = Investment / Annual Cash flows

[tex]= 40,000/4,000[/tex]

[tex]= 10.0[/tex] years.

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On January 1, 1990, Emilio deposited $1650 into a savings account paying
6.2% interest, compounded monthly. If he hasn't made any additional
deposits or withdrawals since then, and if the interest rate has stayed the
same, in what year did his balance hit $3300, according to the rule of 72?
OA. 2001
B. 2003
OC. 2000
D. 2002

Answers

The time required to get a total amount of $3,300.00 with compounded interest on a principal of $1,650.00 at an interest rate of 6.2% per year and compounded 12 times per year is 11.209 years. hence the answer is

A. 2001

Compound Interest Calculation

(about 11 years 3 months)

First, convert R as a percent to r as a decimal

r = R/100

r = 6.2/100

r = 0.062 per year,

Then, solve the equation for t

t = ln(A/P) / n[ln(1 + r/n)]

t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.062/12)] )

t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.0051666666666667)] )

t = 11.209 years

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When we perceive someone as a trouble maker, this may be a perception not a real characteristic of a person?

Answers

I think if I perceive someone a certain way, then it means I saw something in their behavior that caused me to view them as such.

If I perceive someone as a troublemaker, then something in their behavior suggested that they make trouble. Of course I could be wrong. But in general, someone’s characteristics gives people certain perceptions of them (not taking into account prejudgement as soon as seeing the person).

Requisitioning an OTC item to use for script fulfillment included

Answers

Requisitioning an OTC item to use for script fulfillment included is scanning the price barcode in the QT exception screen.

For the fulfillment of medication requests corresponding to included medication units, a system and accompanying technique are offered.

A patient care provider may receive decision data from requisition fulfillment logic to aid in choosing one of a variety of fulfillment venues to fill a specific drug demand.

A requisition router may direct the pharmaceutical request to a particular fulfillment site among the many options.

In respect to the related medication requisitions that they have completed, the fulfillment sites may provide medication requisition metadata (such as information about the preparation and handling of medicine units) to a medication requisition database.

Therefore, scanning the price barcode in the QT exception screen. is the answer.

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What type of trading earns you money when you accurately predict that a stock will lose value?

Answers

The type of trading that earns you money when you accurately predict that a stock will lose value short-selling trades. This is further explained below.

What are short-selling trades?

Generally, When an investor borrows a security and then sells it on the open market with the intention of buying it back later at a lower price, this transaction is known as short selling.

In conclusion, Short-selling transactions are a sort of trading that may provide profits for traders who successfully forecast that the value of a stock will decrease in the future.

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True or false: We always behave in ways that are congruent with our personality type.

Answers

False, the way we behave depends heavily on the situations we are in but how we behave isn’t always consistent with our personality type. For example if you were in danger you wouldn’t act extroverted, you would most likely be timid or anxious or something but that doesn’t change your personality, it’s just the situation you are i

We always behave in ways that are congruent with our personality type. This statement was the false. Thus, option (b) is correct.

What is personality?

The term "personality" refers to a person's characteristics of thinking, believing, and perceiving. The personality always reflects the person's identity. The personality not only developed the look but also helped with the growth. For example, a celebrity always maintains her personality. Personality reduced the conflict and damage.

A person should behave according to the situation. The person does not always behave the same. It depends on the situation and according to the mood of the person.

The personality reflects the person's looks and behavior. A person's personality fluctuates when it doesn't behave congruently.

As a result, we always behave in ways that are congruent with our personality type it totally false. Therefore, option (b) is correct.

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A traveler needs to _____________ only when upon returning from an international trip.
agree to hand inspection of baggage
fill out a Customs Declaration Form
pass through airport security
show a form of government identification

Answers

A traveler needs to show a form of government identification only when upon returning from an international trip.

US ID cards are usually local state-issued driver's licenses or ID cards, but social security cards (or just social security numbers) and US passport cards also serve as national ID cards.

A valid government-issued ID must include a photo, current address, signature, and a unique number or barcode associated with the individual (driver's license, passport number, etc.). ID) When submitting Form DS-11 in the following cases: 18 years or older. parent or legal guardian

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Banks were recently accused of_____ as apparently female staff are often paid 40% less than their male counterparts.​

Answers

Answer:

paying female staffs less salary

Hope it helps.........

Rocky Mountain Bottling Company produces a soft drink that is sold for a dollar. At production and sales of 800,000 units, the company pays $600,000 in production costs, half of which are fixed costs. At that volume, general, selling, and administrative costs amount to $250,000, of which $70,000 are fixed costs. What is the amount of contribution margin per unit?

Answers

Based on the fixed costs of the Rocky Mountain Bottling Company, the contribution margin per unit is $0.40 per unit

How is the contribution margin found?

First, find the variable costs:

= 300,000 + (250,000 - 70,000)

= $480,000

The contribution margin per unit is:

= (Sales - variable costs) / number of units

= (800,000 - 480,000) / 800,000

= $0.40 per unit

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is andre de ruyter actively involved in the decisions making

Answers

Yes, Andre de Ruyter has been actively involved in the decisions making.

State-owned electricity company Eskom in South Africa, according to Group CEO André de Ruyter, is at a crossroads. The CEO of the electricity company was questioned by Professor Anton Eberhard, at the Graduate School of Business at the University of Cape Town.

With the exception of Medupi and Kusile, Eskom's fleet of coal-fired power plants is, on average, 41 years old. These power plants have not been maintained properly and have been operated far more aggressively than permitted by international standards.

He claims that Eskom is still looking for funding possibilities. To enable private investors in a generation, it is crucial to distinguish Eskom's historical debt from its prospects for development in both generating and transmission, and distribution projects.

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Which of these statements is true about the drug utilization management (UM) rules?

Answers

Answer: Prior authorization quantity limit and step therapy are some examples of the coverage rules

Explanation:

The statement 'prior authorization, quantity limit, and step therapy are some examples of the coverage rules" is true. Drug utilization management (DUR) is a set of methods used to ensure the appropriate use of medications.

These methods can include prior authorization, quantity limits, and step therapy.

Prior authorization is a process where a health plan requires the prescriber to obtain approval from the plan before a medication can be dispensed. This is typically used for high-cost or high-risk medications.

Quantity limits are restrictions on the amount of medication that a patient can receive in a given period of time. This is typically used to prevent patients from stockpiling medications or using them for purposes other than what they are intended for.

Step therapy is a process where a patient must try one or more less expensive or less invasive treatments before they can be prescribed a more expensive or more invasive treatment. This is typically used to ensure that patients are only using the most appropriate treatment for their condition.

The UN does not have specific rules on DUR, but many countries have their own regulations. These regulations are designed to ensure that patients have access to safe and effective medications, while also preventing the misuse of medications.

Therefore, the given statement is true.

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Your question is incomplete, most probably the complete question is :

The statement is about the drug utilization management UN rules. true or false?

prior authorization quantity limit and step therapy are some examples of the coverage rules

Has this interview prompted you to make any changes in the way that you view or
manage your personal finances? Do you think it will impact how you handle your personal
finances in the future? Explain.

Answers

The interview referring to the issue is Elizabeth White's to Ted about personal financial crises, leading to reflection on the needs of managing personal finances.

The speaker warns about the need to save financial resources in the present, to avoid the consequences of unnecessary expenses in the future.

What is the personal budget?

It corresponds to a simple and objective tool for identifying an individual's income and expenses, which allows greater allocation of resources to objectives and goals, in addition to greater control over finances.

Therefore, through Elizabeth White's interview, the need to talk about finance is perceived, even if this fact causes embarrassment to individuals, because only in this way can knowledge, innovation and personal planning be increased.

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Can someone please help me do the cash flows with ZInser and without Zinser? I would really appreciate it. I am really stuck on this and I have no clue on how to do the calculations for the cash flows. Please help me. Thank you.

Also, I think my net sales are wrong too. Please help me out.

Answers

Answer:

It's blur can u repost it so that i can see it

a cellular phone is a phone that is cellular" How might you explain to the speaker the problem with this assertion?

Answers

That the phone has data without internet making the phone useable while not at home or out in public

Question 1
Stargate Corporation is considering two projects of machinery that perform the same task. The required rate of return for these projects is RM10%. The projects’ expected cash flows are as follows:

Year Machine MIR (RM) Machine ZA (RM)
0 (17,000) (17,000)
1 8,000 2,000
2 7,000 5,000
3 5,000 9,000
4 3,000 9,500

Based on the above information, you are required to make an analysis for the decision of Capital Budgeting based on the following techniques:

(a) Net Present Value, NPV
(b) Profitability Index, PI

Answers

NPV = Initial cash outlay + PV of all the cash inflows.

PV of cash flow at time n = Cash flow at time n/ ((1+r)^n).

NPV = - CF0 + (CF1/((1+WACC)^1)) + (CF2/((1+WACC)^2)) + (CF3/((1+WACC)^3)) +  (CFn/((1+WACC)^n)).

Profitability Index (PI)=

1 + (NPV/Initial Investment).

 Machine MIR (RM)         Machine ZA (RM)

Years Total Cash flows PV Total Cash flows PV

0                      (17,000)          (17,000.00)                 (17,000)                 (17,000.00)

1                          8,000              7,272.73                     2,000                     1,818.18

2                          7,000              5,785.12                     5,000                     4,132.23

3                          5,000              3,756.57                     9,000                     6,761.83

4                          3,000              2,049.04                     9,500                     6,488.63

Required return 10.00% 10.00%  

 NPV                1,863.5 NPV                      2,200.9

 PI                     1.11 PI                            1.13

The most important feature of the net present value method is that it is based on the idea that future dollars will be less valuable today than bank dollars. Future cash flows are discounted to date to determine their value.

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For an output level exactly at QE, the value of a unit to a buyer is equal to the cost of a unit to a seller.
Suppose a firm that produces for this market is able to influence the market price, which leads to an outcome that differs from the free market equilibrium shown in the previous graph. Such a situation is characterized by , which is an example of .

Answers

For an output level exactly at QE, the value of a unit to a buyer is equal to the cost of a unit to a seller.

Suppose a firm that produces for this market is able to influence the market price, which leads to an outcome that differs from the free market equilibrium shown in the previous graph. Such a situation is characterized by an external factors which is an example of inefficiency.

What is the effect of change in equilibrium?

When the equilibrium is affected such that the price of goods goes down beyond the equilibrium there will be shortage such that the price of goods demanded will now be higher than the price of commodity that has been supplied. This is a shortage to the supplier. Change in equilibrium occurs when external factors affects demand such as taste.

Therefore, suppose a firm that produces for this market is able to influence the market price, which leads to an outcome that differs from the free market equilibrium shown in the previous graph. Such a situation is characterized by an external factors which is an example of inefficiency.

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What is the impact on cash flow from operations in the current year based on the change in operating assets and liabilities listed below?

Answers

What is the impact on cash flow from operations in the current year based on the change in operating assets and liabilities listed below?

Correct options is A

Help with a human resources question regarding discrimination and harassment laws?

Answers

Some labor laws that can be quoted about the dismissed employee are:

Employment-Based DiscriminationThe Fair Labor Standards Act

What are Discrimination Laws?

This refers to the legislation that is put in place to protect workers and people from being denied employment or other opportunities based on discrimination.

Hence, we can see that in order to investigate the claim of the dismissed employee, there would need to be specific grounds for dismissal, otherwise, industrial actions would probably follow.

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Assume that you will be opening a savings account today by depositing $100,000. The savings account pays 5 percent compound annual interest, and this rate is assumed to remain in effect for all future periods. Four years from today you will withdraw R dollars. You will continue to make additional annual withdrawals of R dollars for a while longer – making your last withdrawal at the end of year 9 – to achieve the following pattern of cash flows over time. (Note: Today is time period zero; one year from today is the end of time period 1; etc.) How large must R be to leave you with exactly a zero balance after your final R withdrawal is made at the end of year 9? (Tip: Making use of an annuity table or formula will make your work a lot easier!)

Answers

Answer:

5000

Explanation:

100,000x5%= 5000

5000x4 years= 20,000x5%= 1000

5000x5=25,000x5%= 1250

1250+ 1000= 2250

R= 1750

5000-2250-1000= 1750

I might be wrong

To achieve a zero balance after the last withdrawal at the end of year 9, the annual withdrawal R should be approximately $8,808.88.

Find the value of R, by using the formula for the future value of an ordinary annuity:

[tex]FV = R * [(1 - (1 + r)^{-n}) / r][/tex]

where:

FV = Future Value of the annuity

R = Regular annuity payment

r = Periodic interest rate

n = Number of periods

FV of annuity = [tex]R * [(1 - (1 + 0.05)^{-6}) / 0.05][/tex]

where R is the annual withdrawal, and we want the future value of the annuity to equal the future value after 4 years.

Calculating the future value after 4 years of the $100,000 initial deposit at a 5% annual interest rate:

[tex]\text{Future Value (FV) after 4 years} = \$100,000 * (1 + 0.05)^4 \\= \$100,000 * 1.21550625 \\= \$121,550.63[/tex]

Set the FV of the annuity equal to the FV after 4 years and solve for R:

[tex]$121,550.63 = R * [(1 - 1.21550625^{-6}) / 0.05][/tex]

Now, solving for R:

[tex]R = $121,550.63 / [(1 - 1.21550625^{-6}) / 0.05]\\R = $8,808.88[/tex]

So, to achieve a zero balance after the last withdrawal at the end of year 9, the annual withdrawal R should be approximately $8,808.88.

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a client company is selling high value specialized assets, and your company has specialist expertise. your firm is approached by 4 potential bidders. can you work for more than one bidder?

Answers

The inference based on the information given about the bidders is that one can't work for more than one bidder.

What is an inference?

It should be noted that an inference simply means the conclusion that can be deduced based on the information given.

Here, one can't work. for more than one bidder as there will be a clash of interest and bias.

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You have an employee that works remotely. Your business is located on one side of Alberta, and the employee works on the opposite side of Alberta. You realize that you need the employee to work at your physical business location. What must you pay your employee, so they receive $3000 after all mandatory deductions, which are at 38.165%?

Answers

Answer:

$4887.18

Explanation:

38.165% of what you pay your employee will be manually deducted. The other 61.835% must equal $3000. If 61.835% = 3000, 100% (total pay) = 4887.1874

You would need to pay your remote employee approximately $4844.76 as gross pay so that they receive a net amount of $3000 after deducting 38.165% for mandatory deductions.

What must you pay your employee, so they receive $3000 after all mandatory deductions, which are at 38.165%?

To ensure your employee receives a net amount of $3000 after all mandatory deductions at a rate of 38.165%, you'll need to calculate the gross pay before deductions.

Let G be the gross pay before deductions. The formula to calculate the gross pay is:

Gross Pay (G) = Net Pay / (1 - Deduction Rate)

Substituting the given values:

G = $3000 / (1 - 0.38165)

G = $3000 / 0.61835

G ≈ $4844.76

Therefore, you would need to pay your remote employee approximately $4844.76 as gross pay so that they receive a net amount of $3000 after deducting 38.165% for mandatory deductions.

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Which factor plays the biggest role in motivating economic decisions in a market economy?
A. Corruption in the leadership of powerful groups
B. Competition between different businesses
C. Commitment to maintaining a traditional lifestyle
D. Cooperation between governments and citizens​

Answers

B ima say b bc it’s the most common

Competition between different businesses plays the biggest role in motivating economic decisions in a market economy. Thus, option (b) is correct.

What is a market economy?

A market economy is an economic system in which the production and distribution of goods and services are determined by the interaction between consumers and businesses in the marketplace. In a market economy, decisions about what to produce, how much to produce, and what price to charge are made by businesses in response to changes in demand from consumers.

The biggest factor that motivates economic decisions in a market economy is competition between different businesses. This competition encourages businesses to be innovative and efficient in order to stay ahead of their rivals. As businesses strive to outcompete one another, they are also incentivized to produce goods and services that are of higher quality and at lower prices.

Therefore, it can be concluded that competition between different businesses plays the biggest role in motivating economic decisions in a market economy. Hence, option (b) is correct.

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what do multinational corporations needs to balance when making decisions about social responsibilities?

Answers

What  multinational corporations needs to balance when making decisions about social responsibilities is conflicting interests of stakeholders .

Why is it necessary for multinational corporations to balance conflicting interests of stakeholders?

Multinational corporations  needs to balance conflicting interests of stakeholders  in their decisions most important in human rights because the stakeholders are key part in the organization.

And any decision that affect the corporation will definitely affect all the stakeholders.

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Why should even small-sized companies be vigilant about security?
a.Cyberattacks are opportunistic regardless of company size.
b.Smaller companies are more vulnerable to social engineering.
c.Smaller companies are not often targets of cyberattacks.
d.Cyberattacks often come from commercial competitors.

Answers

The small-sized companies are vigilant about security because Cyberattacks are opportunistic regardless of company size.

Understanding cybersecurity means keeping it in mind when dealing with everyday events. Cybersecurity awareness includes understanding the risks associated with using the internet, checking email, and communicating online. The term "cyber awareness" describes the degree of knowledge and comprehension that end users have regarding cybersecurity best practices and the daily cyber threats that their networks or organizations must contend with.

The first step in developing a security awareness program for your firm should be measuring your current level of security awareness. Employees of an enterprise who are cyber security savvy are those who are aware of cyber dangers, understand the potential effects of a cyberattack on their company, and know the precautions to take to lower risk and stop cybercrime from invading their online workspace.

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Short term goals are goals that can be reached in:
1-7 days.
O1-12 months.
01-5 years.
O24 hours.
1-2 years.

Answers

Answer:

1 month to 12 months

Explanation:

a short term goal is a goal that can be reached within a year while long term goal is a goal that can be achieved over a year

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