Answered step by step
Verified Expert Solution
Question
1 Approved Answer
All else constant, what would Digbys SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Dims promotional budget and $750,000 for Dims
All else constant, what would Digbys SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Dims promotional budget and $750,000 for Dims sales budget?
Select : 1 Submit Answer 10.3% 9.0% 7.7% 10.8%
Annual Report Digby C59559 Dec. 31 2024 2024 Income Statement Dot Product Name Deft Dim Drum Na Na Na Na Total Common Size $34,153 $34,252 $51,876 $54,669 SO $0 SO $0 $174,950 100% $3,512 $5,472 $10,650 $9,548 SO $0 SO $0 $29,182 16.7% $15,333 $15,697 $20,471 $21,405 SO $0 SO $0 $72,905 41.7% $161 $172 $335 $351 SO $0 SO $0 $1,020 0.6% Sales Variable Costs: Direct Labor Direct Material Inventory Carry Total Variable Contribution Margin Period Costs: Depreciation R&D $19,006 $21,341 $31,455 $31,304 SO $0 SO $0 $103,106 58.9% $15.147 $12,910 $20,421 $23,365 SO $0 SO $0 $71,843 41.1% $5,670 $5,757 $3,718 $4.462 SO $0 SO $0 $19,606 11.2% $331 $331 $929 $929 SO $0 SO $0 $2,519 1.4% Promotions $1,300 $1,300 $1,300 SO $0 SO $0 $5,200 3% $1,300 $1,600 Sales $1,600 $1,400 SO $0 SO $0 $6,000 3.4% Admin $408 $1,400 $619 $7,965 $653 SO $0 SO $0 $2,089 $409 $9,397 1.2% Total Period $9,309 $8,743 SO $0 SO $0 $35,414 20.2% Net Margin $5,838 $3,513 $12,455 $14,622 SO $0 SO $0 $36,429 20.8%
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