Current operating income for bay area cycles co. is $40,000. selling price per unit is $100, the contribution margin ratio is 20%, and fixed expense is $160,000. required: 1. calculate bay area cycle’s per unit variable expense and contribution margin. how many units are currently being sold?

There are more than two types of bachelors’ degrees true or false?

On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.

Afamily wishes to save for future college expenses. which financial tool should the family invest in?