Which of the following statements is correct?

Q: which of the following occurs if a company decreases its selling price per unit? a. net income…

A: The contribution margin is calculated as difference between sales and variable costs. The…

Q: The Crusty Pie Co., which specializes in apple turnovers, has a return on sales higher than the…

A: The ROA can be calculated is as follows: Where, ROA = Return on Asset ROS = Return on Sales ATR =…

Q: When prices are rising, would you choose a FIFO or weighted average cost flow assumption? Explain,…

A: Cost Flow Assumptions: It is an assumption that determines the way or order in which the costs…

Q: Assume sales volume for the company is expected to shrink 7.65% while their average price per unit…

A: The problem is asking us to calculate the new percentage of sales that the cost of goods sold (COGS)…

Q: Data on Wentz Inc. for last year are shown below, along with the payables deferral period (PDP) for…

A: Accounts payables are those supplier accounts from whom business has made credit purchases but…

Q: Margin of Safety (MOS) in dollars indicates how much sales must decrease before the company will be…

A: Margin of safety is the excess of actual revenue over its break even revenue.

Q: A cart of groceries today costs about $132 and decreases 2.4% a year due to deflation. Create a…

A: Future value is the value of a sum of money at a future time point. Deflation is a phenomenon in…

Q: Is it possible for a company to have high profitability but a low ROE? Select an answer: It is…

A: ROE refers to return on equity. It is an important financial ratio. ROE, essentially, is the amount…

Q: The margin of safety is: (Check all that apply.) Multiple select question. A. the difference between…

A: CVP analysis is used to identify the changes in costs and volume affect a company's operating…

Q: 5. Assume that the breakeven sales level for a price decrease is 44 units and the product's…

A: Objective: Calculate the change in profit for the product when sales increase by 50 units, given the…

Q: Please select the option that best analyzes the PROFIT MARGIN for our example company.   The profit…

A: Profit margin is the percentage of sales, which explains how much profit a firm can earn for…

Q: What can the weighted average contribution margin ratio be used for? To solve for a measure,…

A: The weighted average contribution margin ratio is a key financial metric that can be used for…

Q: A company has $20 million in cost of goods sold and an inventoryturnover ratio of 2.0. If it can…

A: The question is based on the concept calculation of inventory turnover ratio. Formula as,

Q: When sales volume is rising do companies with a larger percentage of variable expenses or companies…

A: Hence companies with a larger percentage of variable expenses provide a larger percentage increase…

Q: If a company has three lots of products for sale, purchase 1 (earliest) for $17, purchase 2 (middle)…

A: Deflationary cost pattern means where prices are falling continuosly.

Q: Given that the total cost, C, is related to sales volume, x, by the equation y=1000+0.2x, say true…

A: a) The cost-sales line rises $2 for each increase of $10 in sales volume. So putting the above value…

Q: Suppose that the profit (in dollars) from the sale of Kisses and Kreams is given by P(x, y) = 10x +…

A: Ans:

Q: On the breakeven graph, the fixed cost line a)       moves to the right as fixed cost increase.…

A: SOLUTION- BREAK EVEN GRAPH- IT IS A GRAPH WHICH PLOT TOTAL SALES AND TOTAL COST CURVES OF A COMPANY…

Q: Fill in the blanks with the number that corresponds to the correct word or phrse below: 2. GDP…

A: The student has asked multiple fill in the blanks.In the next step, I have answered all the fill in…

Q: How many statements below regarding margin of safety are correct? 1. It is the amount by which sales…

A:

Q: Your company has sales of $97,200 this year and cost of goods sold of $71,200. You forecast sales…

A: The percent of sales method is a financial analysis technique that is used to estimate future…

Q: You are the manager of a successful retail operation.  Inflation has been running at 3% per year on…

A: In accounting there are different methods that we can use for accounting of inventory. The main…

Q: Which of the following statements is correct? Group of answer choices A)When cost of goods sold as a…

A: Cost of goods sold is the total costs that is used to create a product or service, which has been…

Q: 9) The main sources of cost-push inflation are increases in A) aggregate demand and real wage rates.…

A: Hey, Since there are multiple questions posted, we will answer first question. If you want any…