Naples, Inc. recorded operating data for its shoe division for the year. Sales $750,000 Contribution margin 135,000 Total fixed costs 90,000 Average total operating assets 300,000 How much is ROI for the year if management is able to identify a way to improve the contribution margin by $30,000, assuming fixed costs are held constant?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Naples, Inc. recorded operating data for its shoe division for the year. Sales $750,000 Contribution margin 135,000 Total fixed costs ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A total-cost curve shows the relationship between the a. total cost of production and profit. b. quantity of output produced and the total cost of production. c. quantity of an input used and the total cost of production. d.
Answers (1)
As the accountant for Marston Retail Stores, you must calculate the current ratio for the firm's last accounting period.
Answers (1)
On February 3, Smart Company sold merchandise in the amount of $5,800 to Truman Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Smart uses the perpetual inventory system and the gross method.
Answers (1)
19. Because IMs are personalized, you may want to use them in ways that reflect your own personality rather than the norms of business communication in your specific organization.
Answers (1)
In 2002 the u. s. had a gpd (gross domestic product) of $10.5 trillion. what does that mean
Answers (1)
New Questions in Business
Strong company applies overhead based on machine hours. at the beginning of 20x1, the company estimated that manufacturing overhead would be $500,000, and machine hours would total 20,000.
Answers (1)
The last 50 years of declining productivity of the commercial fish populations off the northeast coast of north america reveal the impact of
Answers (1)
Which of these is NOT one of the items that can provide useful assistance to a project team to define the activities of a project? a. the major milestones from the Project Charter b. schedules from similar, previous projects c. issue logs d.
Answers (1)
The purpose of the post-closing trial balance is to Group of answer choices prove the equality of the temporary account balances that are carried forward into the next accounting period.
Answers (1)
Using the cut-and-try method for aggregate operations planning, we can calculate the ending inventory and then calculate the safety stock as a percent of forecast demand.
Answers (1)