Assume the following information for a merchandising company: Number of units sold 20,000 Selling price per unit $ 30
Variable selling expense per unit $3.3
Variable administrative expense per unit $2.8
Fixed administrative expenses $50,000
Beginning merchandise inventory $24,000
Ending merchandise inventory $19,000
Merchandise purchases $340,000
What is the contribution margin?

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?

1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%