Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 10, 2024

A company with an operating income of $72,000 and a contribution margin ratio of 56% has a margin of safety of: (rounded) It is not

A company with an operating income of $72,000 and a contribution margin ratio of 56% has a margin of safety of: (rounded) It is not possible to determine the margin of safety from the information provided. $40,320. $163,636. $128,571

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Rethinking Clinical Audit Psychotherapy Services In The NHS

Authors: Rachael Davenhill, Matthew Patrick

1st Edition

0415162084, 978-0415162081

More Books

Students also viewed these Accounting questions

Question

★★★★★

Refer to Circuit Citys statement of cash flows in Appendix A. What are its cash flows from financing activities for the year ended February 28, 2007? List items and amounts.

Answered: 1 week ago

Question

★★★★★

Give systematic (IUPAC) names for the following compounds. (a) (b) (c) (d) (e) (f) Br CI CH Cl CI CH,CHBr CI Cl CH,I CI CH3 CI

Answered: 1 week ago

Question

★★★★★

Show that {Y (t), t 0} is a Martingale when Y (t) = B2(t) t What is E[Y (t)]? Hint: First compute E[Y (t)|B(u), 0 u s].

Answered: 1 week ago

Question

★★★★★

Wayne Kaegi's Verde Vineyards in Oakville, California, produces three varieties of wine: Merlot, Viognier, and Pinot Noir. His winemaster, Russel Hansen, has identified the following activities as...

Answered: 1 week ago

Question

★★★★★

2018 a. On September 5, opened checking accounts at Second Commercial Bank and negotiated a short-term line of credit of up to $15,000,000 at the bank's prime rate (10.5% at the time. The company...

Answered: 1 week ago

Question

★★★★★

Question 3 Company Beta Ltd presently has a current ratio of 2:1 along with current liabilities of 80,000. Indicate whether the following independent transactions increase (+), decrease (-) or do not...

Answered: 1 week ago

Question

★★★★★

According to the predictions of quantum mechanics, could atomic clocks also have errors, and there would be no instrument at all to point out the errors, still due to quantum mechanical limitations?

Answered: 1 week ago

Question

★★★★★

250 mL of a waste solution obtained from the workshop of a goldsmith contains 0.1 M AgNO 3 and 0.1M AuCl . The solution was electrolyzed at 2V by passing current of 1A for 15 min .The metal/metals...

Answered: 1 week ago

Question

★★★★★

If you have two vibrating tuning forks that create a binaural beat of 440 Hz, would they be able to make a third tuning fork calibrated to 440 Hz resonate?

Answered: 1 week ago

Question

★★★★★

The following is a pedigree of PKU that is associated with a mutation in the PAH gene. Note: Filled squares or circles represent PKU patients. Assume that no other mutation arises within the...

Answered: 1 week ago

Question

★★★★★

The diagram below shows a signaling pathway that is activated following the binding of adrenaline to the -adrenergic receptor. The major steps of this signaling pathway are outlined below and also...

Answered: 1 week ago

Question

★★★★★

2-15 Describe the Information systems and IT infrastructure at Income after migrating to the fully digital system. NTUC Income (Income), one of Singapores largest insurers, has over 2 million policy...

Answered: 1 week ago

Question

★★★★★

2-17 How well is Income prepared for the future? Are the problems described in the case likely to be repeated? NTUC Income (Income), one of Singapores largest insurers, has over 2 million policy...

Answered: 1 week ago

Question

★★★★★

2-16 What benefits did Income reap from the new system? NTUC Income (Income), one of Singapores largest insurers, has over 2 million policy holders with total assets of S$31.3 billion. The insurer...

Answered: 1 week ago

Previous Question Next Question