Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 16, 2024

If an organizations contribution margin per unit = $160 and their sales price per unit = $200, then the contribution margin ratio = $0.70. True

If an organizations contribution margin per unit = $160 and their sales price per unit = $200, then the contribution margin ratio = $0.70. True False

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

Managements Reluctance In Implementing Audit Recommendations

Authors: Tariro Chinamasa

1st Edition

6139980240, 978-6139980246

More Books

Students also viewed these Accounting questions

Question

★★★★★

Why is the use of temperature-stable DNA polymerase an important factor in the polymerase chain reaction?

Answered: 1 week ago

Question

★★★★★

A factory that manufactures bolts is performing a quality control experiment. Each object should have a length of 15 centimeters. The factory believes that the length of the bolts exceeds this value...

Answered: 1 week ago

Question

★★★★★

=+what is the probability that the selected person is Hispanic?

Answered: 1 week ago

Question

★★★★★

Methanol is produced by reacting carbon monoxide and hydrogen at 644 K over a ZnOCr 2 O 3 catalyst. A mixture of CO and H 2 in a ratio 2mol H 2 /mol CO is compressed and fed to the catalyst bed at...

Answered: 1 week ago

Question

★★★★★

If an organizations contribution margin per unit = $160 and their sales price per unit = $200, then the contribution margin ratio = $0.70. True False

Answered: 1 week ago

Question

★★★★★

The Acquisition Date fair value of the consideration transferred in the Acquisition consisted of the following ( thousands of USD ) : The fair values of assets acquired and liabilities assumed as of...

Answered: 1 week ago

Question

★★★★★

FAR 9.104-5 certification regarding responsibility matters is a DOD federal Acquisition Regulation that addresses the purchasing and disposition of items that are nonconforming. Explain.

Answered: 1 week ago

Question

★★★★★

Bob Martino has a checking account with a local bank. Under SEC independence rules, which condition would allow him to work on the firm's audit of the bank? The amount of money in his account is not...

Answered: 1 week ago

Question

★★★★★

uizlet mrs campbell purchased a small store at a cost of $500,000 she then decided to replace the stores roof at a cost of $10,000 according to Mrs campbell's accounting statements in three years the...

Answered: 1 week ago

Question

★★★★★

Poindexter received a 55 on a biology test ( = 50) and a 45 on a philosophy test ( = 50). He is considering whether to ask his two professors to curve the grades using z-scores. Does he want the Sx...

Answered: 1 week ago

Question

★★★★★

2. (6 points) In a sample of 821 households in Morocco, the volume of water consumed in a week was 334 liters with a standard deviation of 591 liters. Test that the average volume of water consumed...

Answered: 1 week ago

Question

★★★★★

Does it use a maximum of two typefaces or fonts?

Answered: 1 week ago

Question

★★★★★

For the cashier job in Question 2, which approach to job design was most influential in designing that job? In the context of the total work-flow process of the restaurant, how would you redesign the...

Answered: 1 week ago

Question

★★★★★

Does it use bullet points to emphasize your skills and accomplishments?

Answered: 1 week ago

Previous Question Next Question