A cement manufacturer has supplied the following data: Tons of cement produced and sold 235,000
Sales revenue $939,000
Variable manufacturing expense $255,000
Fixed manufacturing expense $289,000
Variable selling and administrative expense $120,600
Fixed selling and administrative expense $85,000
Net operating income $189,400
The company's contribution margin ratio is closest to:
a) 42.1%
b) 69.2%
c) 60.0%
d) 20.2%

Why should managers invest any excess cash

You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?

Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.