Business, 11.02.2020 01:14, katlyn10289
Comparative income statements for Boggs Sports Equipment Company for the last two months are presented below: July August Sales in units 11,000 10,000 Sales $ 165,000 $ 150,000 Cost of goods sold 72,600 66,000 Gross margin 92,400 84,000 Selling and administrative expenses: Rent $ 12,000 $ 12,000 Sales commissions $ 13,200 $ 12,000 Maintenance expenses $ 13,500 $ 13,000 Clerical expense $ 16,000 $ 15,000 Total selling and administrative expenses $ 54,700 $ 52,000 Net operating income $ 37,700 $ 32,000 All of the company's costs are either fixed, variable, or a mixture of the two (i. e., mixed). Assume that the relevant range includes all of the activity levels mentioned in this problem. Which of the selling and administrative expenses of the company is variable? Multiple Choice Rent Sales Commissions Maintenance Expense Clerical Expense
Answers: 3
Business, 22.06.2019 07:10, carlybeavers50
In a team environment, a coordinator is? a person with expert knowledge or skills in a particular area the team needs. a good listener who works to resolve social problems among teammates. a leader who team members focus on their tasks. a good networker who likes to explore new ideas and possiblities.
Answers: 2
Business, 22.06.2019 13:00, dolltan
Creation landscaping has 1,000 bonds outstanding that are selling for $1,280 each. the company also has 2,000 shares of preferred stock outstanding, currently priced at $27.20 a share. the common stock is priced at $37.00 a share and there are 28,000 shares outstanding. what is the weight of the debt as it relates to the firm's weighted average cost of capital?
Answers: 1
Business, 23.06.2019 11:00, lalaboooobooo
Which of the following is not a benefit typically offered by employers? a. health insurance b. vacation pay c. retirement plans d. guaranteed raises
Answers: 1
Comparative income statements for Boggs Sports Equipment Company for the last two months are present...
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