SalesVariable expensesContribution marginFixed expensesNet operating incomeAverage operating assetsThe margin is closest to:$ 400,000260,000140,00076,000$ 64,000$ 475,000Multiple ChoiceО35.0%.16.0%.84.2%.13.6%.

Identify the Values:Find the contribution margin. In this case, it's $140,000 (given).Find the total…

Answered: Sales Variable expenses Contribution…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Simple Accounting – Income Statement. Revenue Expense Net Income $23,943,930.50 ? $10,759,730.30 a. $17,351,830.40 b. $34,703,660.80 c. $13,184,200.20 d. -$13,184,200.20
“A new proposal has sales tax rates dropping from 3% to 1%, a drop of only 2%.” Absolute changeRelative change
Calculate the gross and net profits (in $) and the two profit margins (as %s) for the given company. (Round profit margins to the nearest tenth of a percent.) *chart attached with informaiton*
Year Quarter Revenue 2005 Qtr1 5,196 Qtr2 6,300 Qtr3 6,027 Qtr4 5,541 2006 Qtr1 5,109 Qtr2 6,455 Qtr3 6,402 Qtr4 5,895 2007 Qtr1 6,065 Qtr2 7,695 Qtr3 7,652 Qtr4 7,293 2008 Qtr1 7,360 Qtr2 9,035 Qtr3 8,299 Qtr4 7,015 2009 Qtr1 7,130 Qtr2 8,212 Qtr3 8,015 Qtr4 7,468 2010 Qtr1 7,700 Qtr2 8,655 Qtr3 8,407 Qtr4 10,475 Quarter 2005 2006 2007 2008 2009 2010 Qtr1 5,196 5,109 6,065 7,360 7,130 7,700 Qtr2 6,300 6,455 7,695 9,035 8,212 8,655 Qtr3 6,027 6,402 7,652 8,299 8,015 8,407 Qtr4 5,541 5,895 7,293 7,015 7,468 10,475 (b) State the model found when performing a regression using seasonal binaries. (A negative value should be indicated by a minus sign. Round your answers to 4 decimal places.) yt = + t + Q1 + Q2 + Q3 (c) Use the regression equation to make a prediction for each quarter in 2011. (Enter your answers in millions rounded to 3 decimal places.) Quarter Predicted Q1 Q2…

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Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets The margin is closest to: $ 400,000 260,000 140,000 76,000 $ 64,000 $ 475,000 Multiple Choice О 35.0%. 16.0%. 84.2%. 13.6%.