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lyudmila [28]
2 years ago
13

Westerville Company reported the following results from last year’s operations: Sales $ 1,000,000 Variable expenses 300,000 Cont

ribution margin 700,000 Fixed expenses 500,000 Net operating income $ 200,000 Average operating assets $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Sales $ 200,000 Contribution margin ratio 60 % of sales Fixed expenses $ 90,000 The company’s minimum required rate of return is 15%. Foundational 10-1 Required: 1. What is last year’s margin?

Business
1 answer:
yanalaym [24]2 years ago
8 0

Answer:

20%

Explanation:

Please see attachment

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Answer:

Compound interest; amortized loans; amortization schedule; largest; decline; smallest; increases.

Explanation:

An important application of compound interest involves amortized loans. Some common types of amortized loans are automobile loans, home mortgage loans, and business loans. Each loan payment consists of interest and repayment of principal. This breakdown is often developed in an amortization schedule. Interest is largest in the first period and declines over the life of the loan, while the principal repayment is smallest in the first period and it increases thereafter.

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5 0
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Pricing objectives are derived from broader marketing objectives. Organizations using a multisegment marketing approach to marke
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Answer:

True

Explanation:

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Several years ago, Grant County was sued by a former County employee for wrongful discharge. Although it was to be contested by
vovangra [49]

Answer:

d) Debit Expenses $50,000 and Claims payable $100,000; Credit Cash $150,000.

Explanation:

As for the information provided,

There was this law suit against the company from past several years. Where the lawyers already estimated that liability on the company will arise amounting $100,000.

Thus, on the provisional basis such claims of $100,000 would have been provided ideally.

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Thus, entry to record such claim of $150,000 will be:

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Claims Payable A/c Dr.      $100,000

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