Westerville company reported the following results from last year’s operations: sales $ 1,000,000 variable expenses 300,000 contribution margin 700,000 fixed expenses 500,000 net operating income $ 200,000 average operating assets $ 625,000 at the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: sales $ 200,000 contribution margin ratio 60 % of sales fixed expenses $ 90,000 the company’s minimum required rate of return is 15%. foundational 10-1 required: 1. what is last year’s margin?

In a sumif conditional function, what should be the order of terms in the parentheses?

Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?