Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 22, 2024

Staub Corporation has a $750,000 investment opportunity with the following characteristics: Sales $2,240,000 Contribution margin 40% of sales Fixed expenses $731,000 What is the return

Staub Corporation has a $750,000 investment opportunity with the following characteristics:

Sales $2,240,000

Contribution margin 40% of sales

Fixed expenses $731,000

What is the return on investment (ROI) for this investment opportunity?

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

Financial Accounting An International Introduction

Authors: David Alexander, Prof Christopher Nobes, Chris W. Nobes

4th Edition

027372164X, 978-0273721642

More Books

Students also viewed these Accounting questions

Question

★★★★★

Why was it more efficient to end the quota? (Why do you think that people usually accept money in exchanges instead of engaging in barter of one good for another every time they trade?)

Answered: 1 week ago

Question

★★★★★

Washington Company has the following stockholders equity accounts at December 31, 2020. Common Stock ($100 par value, authorized 8,000 shares).......................$480,000 Retained...

Answered: 1 week ago

Question

★★★★★

Develop a search strategy, including identification of preliminary sources and primary sources, engaging with communities, and accessing personal networks.

Answered: 1 week ago

Question

★★★★★

Hughes Foods completed the following selected transactions. 2016 Oct 31 Sold goods to BiLo's Foods, receiving a $36,000, three-month, 4.5% note. (You do not need to make the cost of goods sold...

Answered: 1 week ago

Question

★★★★★

13) Long-term investments are made by the investment center manager for A) increasing profits B) decreasing profits C) increasing interest expense D) decreasing plant assets 14) Which of the...

Answered: 1 week ago

Question

★★★★★

Please help me .. Case Study 2: MHD is a company that manufactures and retails office products. Their summarized financial statements for the years ended year 1 and year 2 are given below 2017 2018...

Answered: 1 week ago

Question

★★★★★

SendBad company works in last-mile deliveries. It aims at delivering packages around 5 pm. If a shipment is late by 1 hour, the company compensates customers in the form of $10 rebate. A Taguchi loss...

Answered: 1 week ago

Question

★★★★★

Think about the organization you work for (or any other organization you are familiar with). Does the organization use data analytics? If so, how is it used? How can the organization improve the way...

Answered: 1 week ago

Question

★★★★★

P18.1 (LO 1, 2, 4) Excel (Three Differences, No Beginning Deferred Taxes, Multiple Rates) The following information is available for Remmers Corporation for 2025. a. Depreciation reported on the tax...

Answered: 1 week ago

Question

★★★★★

1. Discuss common MLM ( Multi-Level Marketing) practices and the impact on stakeholders: Claims about income potential Transparency, or lack of transparency, about income Inventory purchase...

Answered: 1 week ago

Question

★★★★★

Install DHCP role on your Server 2019 VM (10 points) Create a scope (10 points) Configure the pool of addresses (10 points) Configure the DHCP to hand out the domain name to clients (10 points)...

Answered: 1 week ago

Question

★★★★★

Why are employees considering union representation?

Answered: 1 week ago

Question

★★★★★

Explain the use of ombudspersons and alternative dispute resolution.

Answered: 1 week ago

Question

★★★★★

What is the total annual turnover rate?

Answered: 1 week ago

Previous Question Next Question