All else constant, what would Baldwin’s SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Boat’s promotional budget and $750,000 for Boat’s sales budget? Select : 1 Save Answer 11.1% 9.7% 8.3% 11.6% Annual Report Baldwin 2026 Income Statement Product Name Bill Boat Buddy Bam Na Na Na Na Total Common Size Sales $31,088 $31,418 $47,758 $50,369 $0 $0 $0 $0 $160,634 100% Variable Costs: Direct Labor $3,170 $3,279 $9,652 $9,015 $0 $0 $0 $0 $25,115 15.6% Direct Material $13,734 $14,243 $18,711 $19,360 $0 $0 $0 $0 $66,048 41.1% Inventory Carry $156 $185 $289 $356 $0 $0 $0 $0 $987 0.6% Total Variable $17,060 $17,706 $28,652 $28,731 $0 $0 $0 $0 $92,150 57.4% Contribution Margin $14,028 $13,712 $19,106 $21,638 $0 $0 $0 $0 $68,484 42.6% Period Costs: Depreciation $4,907 $5,367 $2,787 $3,293 $0 $0 $0 $0 $16,353 10.2% R&D $446 $446 $966 $966 $0 $0 $0 $0 $2,824 1.8% Promotions $1,300 $1,300 $1,300 $1,300 $0 $0 $0 $0 $5,200 3.2% Sales $1,600 $1,600 $1,400 $1,400 $0 $0 $0 $0 $6,000 3.7% Admin $294 $297 $452 $476 $0 $0 $0 $0 $1,519 0.9% Total Period $8,546 $9,009 $6,904 $7,436 $0 $0 $0 $0 $31,896 19.9% Net Margin $5,482 $4,702 $12,202 $14,203 $0 $0 $0 $0 $36,589 22.8%
All else constant, what would Baldwin’s SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Boat’s promotional budget and $750,000 for Boat’s sales budget? Select : 1 Save Answer 11.1% 9.7% 8.3% 11.6% Annual Report Baldwin 2026 Income Statement Product Name Bill Boat Buddy Bam Na Na Na Na Total Common Size Sales $31,088 $31,418 $47,758 $50,369 $0 $0 $0 $0 $160,634 100% Variable Costs: Direct Labor $3,170 $3,279 $9,652 $9,015 $0 $0 $0 $0 $25,115 15.6% Direct Material $13,734 $14,243 $18,711 $19,360 $0 $0 $0 $0 $66,048 41.1% Inventory Carry $156 $185 $289 $356 $0 $0 $0 $0 $987 0.6% Total Variable $17,060 $17,706 $28,652 $28,731 $0 $0 $0 $0 $92,150 57.4% Contribution Margin $14,028 $13,712 $19,106 $21,638 $0 $0 $0 $0 $68,484 42.6% Period Costs: Depreciation $4,907 $5,367 $2,787 $3,293 $0 $0 $0 $0 $16,353 10.2% R&D $446 $446 $966 $966 $0 $0 $0 $0 $2,824 1.8% Promotions $1,300 $1,300 $1,300 $1,300 $0 $0 $0 $0 $5,200 3.2% Sales $1,600 $1,600 $1,400 $1,400 $0 $0 $0 $0 $6,000 3.7% Admin $294 $297 $452 $476 $0 $0 $0 $0 $1,519 0.9% Total Period $8,546 $9,009 $6,904 $7,436 $0 $0 $0 $0 $31,896 19.9% Net Margin $5,482 $4,702 $12,202 $14,203 $0 $0 $0 $0 $36,589 22.8%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
All else constant, what would Baldwin’s SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Boat’s promotional budget and $750,000 for Boat’s sales budget?
Select : 1 Save Answer 11.1% 9.7% 8.3% 11.6%
Annual Report
Baldwin
2026 Income Statement
| Product Name | Bill | Boat | Buddy | Bam | Na | Na | Na | Na | Total | Common Size |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | $31,088 | $31,418 | $47,758 | $50,369 | $0 | $0 | $0 | $0 | $160,634 | 100% |
| Variable Costs: | ||||||||||
| Direct Labor | $3,170 | $3,279 | $9,652 | $9,015 | $0 | $0 | $0 | $0 | $25,115 | 15.6% |
| Direct Material | $13,734 | $14,243 | $18,711 | $19,360 | $0 | $0 | $0 | $0 | $66,048 | 41.1% |
| Inventory Carry | $156 | $185 | $289 | $356 | $0 | $0 | $0 | $0 | $987 | 0.6% |
| Total Variable | $17,060 | $17,706 | $28,652 | $28,731 | $0 | $0 | $0 | $0 | $92,150 | 57.4% |
| Contribution Margin | $14,028 | $13,712 | $19,106 | $21,638 | $0 | $0 | $0 | $0 | $68,484 | 42.6% |
| Period Costs: | ||||||||||
| $4,907 | $5,367 | $2,787 | $3,293 | $0 | $0 | $0 | $0 | $16,353 | 10.2% | |
| R&D | $446 | $446 | $966 | $966 | $0 | $0 | $0 | $0 | $2,824 | 1.8% |
| Promotions | $1,300 | $1,300 | $1,300 | $1,300 | $0 | $0 | $0 | $0 | $5,200 | 3.2% |
| Sales | $1,600 | $1,600 | $1,400 | $1,400 | $0 | $0 | $0 | $0 | $6,000 | 3.7% |
| Admin | $294 | $297 | $452 | $476 | $0 | $0 | $0 | $0 | $1,519 | 0.9% |
| Total Period | $8,546 | $9,009 | $6,904 | $7,436 | $0 | $0 | $0 | $0 | $31,896 | 19.9% |
| Net Margin | $5,482 | $4,702 | $12,202 | $14,203 | $0 | $0 | $0 | $0 | $36,589 | 22.8% |
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