Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January.
Sales (3,700 units) $ 92,500
Variable expenses 55,500
Contribution margin 37,000
Fixed expenses 27,000
Net operating income $ 10,000
If the company sells 4,300 units, its total contribution margin should be closest to:
Answers: 2
Business, 21.06.2019 21:30, kay4358
What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share
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Business, 22.06.2019 10:00, kortlen4808
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Answers: 2
Business, 22.06.2019 19:40, biasmi70
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Answers: 2
Business, 22.06.2019 23:30, SmolBeanPotato
Shelby bought her dream car, a 1966 red convertible mustang, with a loan from her credit union. if shelby paid 5.1% and the bank earned a real rate of return of 3.5%, what was the inflation rate over the life of the loan?
Answers: 2
Sorin Inc., a company that produces and sells a single product, has provided its contribution format...