Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 23, 2024

Waterway Industriesreported the following items for 2019: Income tax expense $60000 Contribution margin 150000 Controllable fixed 80000 costs Interest expense 80000 Total operating 72000 assets

Waterway Industriesreported the following items for 2019: Income tax expense $60000 Contribution margin 150000 Controllable fixed 80000 costs Interest expense 80000 Total operating 72000 assets How much is controllable margin? $70000 $60000 O $20000 $150000

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

Bookkeeping Simple And Effective Methods Of Bookkeeping And Accounting Principles To Build A Successful Business

Authors: Abraham Douglas

1st Edition

979-8629126096

More Books

Students also viewed these Accounting questions

Question

What is your opinion of the potential effectiveness of the buddy system in your career?

Answered: 1 week ago

Question

★★★★★

In college basketball, a turnover is defined as losing possession of the basketball to the opposing team. During a recent basketball season, the Villanova Wildcats averaged 13 turnovers per game....

Answered: 1 week ago

Question

★★★★★

Waterway Industriesreported the following items for 2019: Income tax expense $60000 Contribution margin 150000 Controllable fixed 80000 costs Interest expense 80000 Total operating 72000 assets How...

Answered: 1 week ago

Question

★★★★★

What are the most recent trends and challenges that supply chain departments faced in 2021 about Road and rail transport?

Answered: 1 week ago

Question

★★★★★

Match the corresponding emotional intelligence (EI) domain to the associated EI skill. A. Relationship management B. Social awareness C. Self-management D. Self-awareness select 1. Accurate...

Answered: 1 week ago

Question

★★★★★

Question 2- Only develop a mathematical model (there is no need to solve the model) Finco Investment Corporation must determine investment strategy for the firm during the next three years. Currently...

Answered: 1 week ago

Question

★★★★★

QS 12-13 (Algo) Computing cash from asset sales LO P3 CRUZ, INCORPORATED Comparative Balance Sheets At December 31 2021 2020 Assets Cash Accounts receivable, net $ 90,700 38,900 $22,700 48,100...

Answered: 1 week ago

Question

★★★★★

Discussion Topic: Carl and Gail have been married for eight (8) years. They jointly own a three bedroomed house worth 450,000. They have one child, Julia aged seven (7). Gail gave up her successful...

Answered: 1 week ago

Question

★★★★★

H07 Medical Coding | Graded Project . . a document (.docx. .doc)'. Your project will be individually graded by your instructor and therefore Will take up to Your project must be submitted as a Word...

Answered: 1 week ago

Question

★★★★★

3. Develop an orientation checklist on the basis of one first-day session and a second session of four hours 30 days later.

Answered: 1 week ago

Question

★★★★★

1. Identify training needs for a group of entry-level workers in a fast food restaurant.

Answered: 1 week ago

Question

★★★★★

5. Because of the rapid growth of your technology company, the executive team has asked HR to develop an internal training program. The purpose of the program is to help employees recently promoted...

Answered: 1 week ago

Previous Question Next Question