Problem:
If an airline company has a profit before taxes of $1 million flying at 80% of capacity with revenue of $100 million, fixed cost of $69 million and variable cost of $30 million. What is the before tax profit at 90% capacity?
What is the contribution margin in dollars of Airline at revenue of $100 million?
If an organization collects 70% of Sales within a month and the balance within 2 months. What would it collect in March if it sold: $160,000 in January and $140,000 in February?