Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a financial analyst for simon manufacturing prepar

A financial analyst for Simon Manufacturing prepared the following report: Customers...

90.2K

Verified Solution

Question

Accounting

A financial analyst for Simon Manufacturing prepared the following report:

Customers

CustomerLevel Operating Income

Customer Revenue

A

$5,891.00

$26,250

B

$4,952.00

$30,000

C

$3,835.00

$15,000

D

$1,963.50

$7,300

E

$984.80

$5,100

F

$844.80

$4,400

G

$336.60

$1,800

H

$252.00

$4,500

I

($168.00)

$2,400

J

($676.00)

$2,600

Which of the following conclusions can be drawn from the report?

image

A. The cumulative customer-level operating income of the top eight customers represents about 104.6% of operating income B. All customers provide positive contribution towards profitability C. Customer B has the second highest operating income margin D. All profitable customers achieve customer level operating income in excess of 20%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

In how many different orders can five runners finish a race if ties are allowed?

Statistics
Q

Does your view of the afterlife resonate with any of the religious approaches you read about?

Biology
Q

Case Study Case History Abioye Akachi, a 5 y.o. boy, recently arrived in Australia from East Africa. Brought...

Medical Sciences
Q

Using Multisim make the simulation for the 74LS86 IC. * I can’t use mine, I’m having...

Electrical Engineering
Q

A load supplied by a 3-wire d.c. distribution system takes a current of 600 A on...

Electrical Engineering
Q

45 Smooth B 10 5 10 57 45 rough The ratio of acceleration of blocks...

Physics
Q

C 21 3 X 66 4

Geometry
Q

convert the angle measure.a)Convert 60 to radians.b) Convert 5?/4 radians to degrees.

Basic Math
Q

have real solutions tell whether they are rational or irrational Do not actually solve the...

Calculus
Q

Solve the inequality x 15x 44 0 x or x

Algebra
Q

Match each of the following phrases as describing an advantage, a disadvantage, or neither of...

Accounting
Q

You are evaluating a loan request of $3.5 million from Precise Corp and the bank...

Finance