Mojo’s coffee cart currently has a contribution margin ratio of 55%. the business operates in a resort area and expects a decline in revenue of $4,500 per month during the off season. compute the decrease in net income that the company should anticipate in the off season, assuming that monthly fixed costs and the contribution margin ratio will remain unchanged.
Answers: 1
Business, 21.06.2019 22:40, Maddy1212
The vaska company buys a patent on january 1, year one, and agrees to pay $100,000 per year for the next five years. the first payment is made immediately, and the payments are made on each january 1 thereafter. if a reasonable annual interest rate is 8 percent, what is the recorded value of the patent? 1. $378,4252. $431,2133. $468,9504. $500,000
Answers: 3
Business, 22.06.2019 21:50, Chloe0095
Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.
Answers: 3
Business, 23.06.2019 02:00, simplychan
Present values. the 2-year discount factor is .92. what is the present value of $1 to be received in year 2? what is the present value of $2,000? (lo5-2)
Answers: 3
Business, 23.06.2019 03:00, dontcareanyonemo
Madeline quits her job, at which she was earning $20,000 per year. she then takes $50,000 out of savings, on which she was earning 10% interest, and uses it to buy supplies for her business. she also pays $10,000 in rent on the building and $15,000 in additional labor costs. in her first year of operations, madeline receives $150,000 in revenue from sales. instructions: round each answer to a whole number. madeline's accounting cost is
Answers: 1
Mojo’s coffee cart currently has a contribution margin ratio of 55%. the business operates in a reso...
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