Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 18, 2024

If the contribution margin ratio for France Company is 31%, sales were $421,000, and fixed costs were $105,000, what was the income from operations? a.

If the contribution margin ratio for France Company is 31%, sales were $421,000, and fixed costs were $105,000, what was the income from operations? a. $25,510 b. $20,408 Oc. $130,510 d. $ 105,000

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

Managerial Accounting

Authors: Morse Hartgraves

8th Edition

1618532359, 9781618532350

More Books

Students also viewed these Accounting questions

Question

★★★★★

Ronald Thump is interested in expanding his firm. After careful consideration, he has determined three areas in which he might invest additional funds: (1) product research and development, (2)...

Answered: 1 week ago

Question

★★★★★

=+ She proposes that it should be put into use as a production system, with new features added as required. This avoids the expense of system development and makes the system immediately useful....

Answered: 1 week ago

Question

★★★★★

6. What tips could you offer Nick Takis that would help him to promote language learning in his class?

Answered: 1 week ago

Question

★★★★★

Purchasing Survey asked purchasing professionals what sales traits impressed them most in a sales representative. Seventy-eight percent selected "thoroughness." Forty percent responded "knowledge of...

Answered: 1 week ago

Question

★★★★★

Gather three recent strategic alliances that did not go well Examine the reasons that led to that result Identify how it could have been avoided

Answered: 1 week ago

Question

★★★★★

B&B Manufacturing Co. was organized on January 1 of the current year, Outside investors who financed the business stipulated that the company must show a profit by sixth month or the financing will...

Answered: 1 week ago

Question

★★★★★

Pittsburgh-based FreeMarkets, now part of SAP Ariba, has developed software enabling large industrial buyers to organize online auctions for qualified suppliers of semistandard parts such as...

Answered: 1 week ago

Question

★★★★★

Lack of knowledge and experience, combined with overconfidence and arrogance causes organizational bias. Question 3 options: True False

Answered: 1 week ago

Question

★★★★★

Kinematics Review Assignment 1: Motion Analysis 1. For the following P vs T graph: 13 Position {m} .10 20 Time {5] a. Complete the table (12 marks) Position (m) Kinematics Review Assignment 1: Motion...

Answered: 1 week ago

Question

★★★★★

What corrections would need to be made to the legal citation Doniphan v. Restler, 489 Conn. Cir. 522 (1983)?

Answered: 1 week ago

Question

★★★★★

Research the "Span of Control" theory of Vytautas Andrius Graiciunas (1898-1952) a Lithuanian-French management consultant, management theorist, and engineer. and answer the following three questions...

Answered: 1 week ago

Question

★★★★★

=+13 Check that your overall direction follows the creative brief so your concept, strategy, message, and tone are all on-strategy and in line with the key marketing objective.

Answered: 1 week ago

Question

★★★★★

=+f. Audience Engagement encourage consumer participation.

Answered: 1 week ago

Question

★★★★★

=+d. Emotional Approach appeal to consumers' emotions.

Answered: 1 week ago

Previous Question Next Question