answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kow [346]
2 years ago
15

Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $46,4

00 for Division A. Division B had a contribution margin ratio of 35% and its sales were $243,000. Net operating income for the company was $36,800 and traceable fixed expenses were $51,000. Corbel Corporation's common fixed expenses were:
Business
1 answer:
diamong [38]2 years ago
5 0

Answer:

$5300

Explanation:

Contribution margin for Division B = Sales * Contribution margin ratio

= $243,000 * 20%

= $46,800

Total contribution margin = Division A + Division B

= $46,400 + $46,800

= $93,200

Contribution margin $93,200

Less : Traceable fixed expenses $51,100

Less : Common fixed expenses (plug) $5300

Net operating income $33,800

You might be interested in
to what degree do you think the creativity of the firm is a function of the creativity of individuals, versus the structure, rou
Morgarella [4.7K]
Any job that requires you to sell stuff. let's say, as a candy boy, you get trained for a few minutes. then tossed into the sea of people to sell chocolate. your supervisor does not expect you to adapt a robotic tone but instead encourages developing your own charismatic style to help you sell more. if you were to continue with this job you would eventually come up with your own way to captivate an audience and sell as many chocolates as you want.
5 0
2 years ago
Q 11.26: The board of directors of Testa Incorporated has decided that they would like to declare a $400,000 cash dividend at so
11Alexandr11 [23.1K]

Answer: B. : a healthy cash reserve

Explanation:

For the company to be able to declare a Dividend, it's cash reserve needs to be healthy. For this to happen use the following formula;

Free cash balance = Available cash balance - Current Liabilities payable

= 827,000 - 436,000

= $391,000

After taking out the money that will be needed to pay the Current Liabilities, there would be an insufficient balance to pay off the Dividends of $400,000.

Their cash reserve is not healthy enough for the dividends to be declared.

6 0
2 years ago
Akers Company sold bonds on July 1, 20X1, with a face value of $100,000. These bonds are due in 10 years. The stated annual inte
taurus [48]

Answer:

Bond Price = $86409.67366 rounded off to $86409.67

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = 100000 * 0.06 * 6/12  = $3000

Total periods (n) = 10 * 2 = 20  

r or YTM = 0.08 * 6/12 = 0.04 or 4%

The formula to calculate the price of the bonds today is attached.

Bond Price = 3000 * [( 1 - (1+0.04)^-20) / 0.04]  + 100000 / (1+0.04)^20

Bond Price = $86409.67366 rounded off to $86409.67

8 0
2 years ago
An owner can lease her building for $120,000 per year for three years. The explicit cost of maintaining the building is $40,000,
Sergeeva-Olga [200]

A) Accounting profits dont take implicit costs into account, only "real" or quantifiable costs. Thus the present value of a 120,000 lease at 5% for three years with explicit costs of $40,000 maintenance is: 

PV = [ FV/(1+r)^n ] - (Explicit Cost) 

PV = 120000/(1.05^3) - (40000*3) B) same thing but add implicit costs ... 

PV = 120000/(1.05^3) - (40000*3) - (55000*3)

3 0
2 years ago
Read 2 more answers
Which of the following captures the specific actions that leaders take to influence others at work? A.Leadership styles and beha
Tom [10]

Answer:

A.Leadership styles and behaviours

Explanation:

-Leadership styles and behaviours refer to the approach and actions a leader take to direct, motivate and guide people.

-Team processes refer to how the team works to accomplish goals.

-Team characteristics refer to the qualities that a group of people that work together possess.

-Leader power and influence refer to the ability a leader has to convince people to do certain things and achieve a goal.

According to this, the option that captures the specific actions that leaders take to influence others at work is leadership styles and behaviours.

7 0
2 years ago
Other questions:
  • Jackson Electric Services Company incurred​ $800 as a repair expense and paid for it in cash. The company is a sole proprietorsh
    15·1 answer
  • n 2010, the country of Vesey exported goods worth $312 billion and services worth $198 billion. It imported goods worth $525 bil
    14·1 answer
  • Praetorian Industries will pay a dividend of $2.50 per share this year and has an equity cost ofcapital of 8%. Praetorianʹs stoc
    10·1 answer
  • Sussman Co. prepared cash-basis financial statements for the month ended January 31. A summary of Sussman's January activities f
    10·1 answer
  • Railway Cabooses just paid its annual dividend of $3.30 per share. The company has been reducing the dividends by 12.1 percent e
    14·1 answer
  • The Flores Family loves to go sailing on the weekends. Mr. Flores has decided to purchase a more spacious sailboat. The sailboat
    11·1 answer
  • AMC Corporation currently has an enterprise value (EV) of $400 million and $100 million in excess cash. The firm has 10 million
    14·1 answer
  • A company bought new heating system for $64,000 and was given a trade-in of $3,400 on an old heating system, so the company paid
    14·1 answer
  • Which of the following answer options are your employer's responsibility? (OSHA)
    8·1 answer
  • You are given the following information: sales, $260; expenses other than depreciation, $140; depreciation expense, $50; margina
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!