Write equation to find contribution margin and profit margin
If a corporation sold X units of product for $Y each and had $M in total fixed and $L in total variable costs, write equations to find (a) its contribution margin, (b) its profit margin and (c) its break-even point (in units).
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On March 1, 2012, Chance Company entered into a contract to build an apartment building. It is estimated that the building will cost $2,016,000 and will take 3 years to complete
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Stojko Corporation had a net decrease in cash of $10,000 for the current year. Net cash used in investing activities was $52,000 and net cash used in financing activities was $38,000. What amount of cash was provided (used) in operating activities
If a corporation sold X units of product for $Y each and had $M in total fixed and $L in total variable costs, write equations to find (a) its contribution margin.
Prepare the December 31 entry for Brigham Corporation to record amortization of intangibles. The trademark has an estimated useful life of 4 years with a residual value of $3,000.
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The Dean Company has sales of $500,000 and the break-even point in sales dollars of $300,000. Determine the company's margin of safety.
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