Barclay enterprises manufactures and sells three distinct styles of bicycles: the youth model sells for $340 and has a unit contribution margin of $115; the adult model sells for $870 and has a unit contribution margin of $460; and the recreational model sells for $1,060 and has a unit contribution margin of $510. the company's sales mix includes: 5 youth models; 9 adult models; and 6 recreational models. if the firm's annual fixed costs total $6,520,000, calculate the firm's contribution margin ratio per composite unit (rounded to the nearest whole percentage).

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.