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Author Question: A company with sales of $50,000, a contribution margin ratio of 30%, and fixed costs of $25,000 will ... (Read 88 times)

jenna1

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on: Mar 6, 2021

Question 1

Which of the following statements about net income (NI) is true?
◦ NI = operating income plus nonoperating revenue.
◦ NI = operating income plus operating costs.
◦ NI = operating income less income taxes.
◦ NI = operating income less cost of goods sold.

Question 2

A company with sales of $50,000, a contribution margin ratio of 30%, and fixed costs of $25,000 will earn a net income of $10,000.
◦ true
◦ false
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by jenna1 on Mar 6, 2021

wfdfwc23

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jenna1

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

nanny

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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