Solved: If the companys sales for a month are 858000 what is the, Accounting Basics

+44 141 628 6080
[email protected]

If the companys sales for a month are 858000 what is the

Question - Mitch Corporation's contribution margin ratio is 31% and its fixed monthly expenses are $82,000. If the company's sales for a month are $858,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change.

a) $190,980

b) $180,980

c) $183,980

d) $193,980

Solution Preview :

Prepared by a verified Expert

Accounting Basics: If the companys sales for a month are 858000 what is the

Reference No:- TGS02605182

Now Priced at $25 (50% Discount)

Recommended (90%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

How are schools important in the struggle for power

Question: How are schools important in the struggle for power and status?

What cases does female status tend to be highest

Question: In which of the following cases does female status tend to be highest? Group of answer choice

Which is a criticism of marxist/conflict theories

Question: Which of the following is a criticism of Marxist/conflict theories? Group of answer choices

Symbolic interactionism took off as a theoretical approach

Question: Symbolic interactionism took off as a theoretical approach to the study of deviance during the 1960s

Which of the things happened first

Which of the following things happened first? Group of answer choices Women gained the right to vote Seneca Falls Convention Margaret

Discussion about cultural appropriation

This week watch the 3 short video clips below about cultural appropriation. These videos will redefine terms like cultural appropriation

Compare critical feminist theory and power-control theory

Compose a paper that compares and contrasts critical feminist theory and power-control theory as forms of gendered criminology. Your paper should:

Solution Preview :

Prepared by a verified Expert

Accounting Basics: If the companys sales for a month are 858000 what is the

Reference No:- TGS02605182

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Assume that the salvage value for early termination is a

Q : Tourism and crime appear to be inextricably linked why is

Q : In this weeks assignment you will research an example of

Q : Performance measures covering its objectives typical

Q : If the companys sales for a month are 858000 what is the

Q : Assume identical twins are always of the same sex equally

Q : What kinds of biographical information can a recruiter not

Q : Suppose electric power is supplied from two independent

Q : Record the transactions in the appropriate general ledger