Business, 26.06.2020 15:01 Tanya120

Sorento Company has two divisions: Sporting Goods and Sports Gear. The sales mix is 45.00% for Sporting Goods and 55.00% for Sports Gear. The company incurs $12,500 in fixed costs. The contribution margin ratio for Sporting Goods is 70.00%, while for Sports Gear it is 10.00%. What is the company's weighted-average contribution margin ratio?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 08:30

Hi inr 2002 class! i just uploaded a detailed study guide for this class. you can check-out a free preview by following the link below feel free to reach-out to me if you need a study buddy or have any questions. goodluck!

Answers: 1

Answer

Business, 22.06.2019 17:50

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.

Answers: 3

Answer

Business, 22.06.2019 18:00

Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?

Answers: 2

Answer

Business, 22.06.2019 23:00

If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?

Answers: 2

Answer

You know the right answer?

Sorento Company has two divisions: Sporting Goods and Sports Gear. The sales mix is 45.00% for Sport...

Questions