Business, 02.09.2021 02:30 Tiffanyv1262
The following information was summarized from the records of the Muentes Company for the first quarter of the year: Sales $ 700,000 Fixed Administrative Expenses 110,000 Fixed Cost of Goods Sold 100,000 Fixed Selling Expenses 50,000 Variable Administrative Expenses 30,000 Variable Cost of Goods Sold 220,000 Variable Selling Expense 170,000 The company's gross margin for the quarter was: a. $380,000 b. $440,000 c. $420,000 d. $280,000
Answers: 1
Business, 21.06.2019 17:10
Which statement describes a monopoly? many firms produce identical products with no control over the market price. many firms produce differentiated products with control over market price. a single firm produces a product with no close substitutes and control over the market price. a single firm produces a product with many close substitutes and limited control over the market price.
Answers: 1
Business, 22.06.2019 01:00
An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?
Answers: 2
Business, 22.06.2019 09:50
phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
Answers: 3
Business, 22.06.2019 10:00
How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.
Answers: 1
The following information was summarized from the records of the Muentes Company for the first quart...
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