25. Beery Inc. reported the following results from last year's operations: Sales $ 11,400,000 Variable expenses 8,180,000 Contribution margin 3,220,000 Fixed expenses 2,422,000 Net operating income $ 798,000 Average operating assets $ 6,000,000 At the beginning of this year, the company has an opportunity to invest in $800,000 of additional assets which will create additional revenues and expenses with the following characteristics: Sales $ 2,880,000 Contribution margin ratio (contribution margin/sales) 30 % Fixed expenses $ 720,000 The company's minimum required rate of return is 12%. If the company pursues the investment opportunity, this year's combined residual income for the entire company will be closest to:
Answers: 2
Business, 22.06.2019 11:10, henryzx900
How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i. e. if your answer is $432.51, then type 432.51 without $ sign)
Answers: 1
Business, 22.06.2019 16:30, ggggggggv24
On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.
Answers: 1
25. Beery Inc. reported the following results from last year's operations: Sales $ 11,400,000 Variab...
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