Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 33 not yet graded/4 pts black pearl, inc.

Question 33 Not yet graded/4 pts Black Pearl, Inc., sells a single product. The company's...

70.2K

Verified Solution

Question

Accounting

image
Question 33 Not yet graded/4 pts Black Pearl, Inc., sells a single product. The company's most recent income statement is given below. Sales $100,000 Less variable expenses (60.000) Contribution margin 40,000 Less fixed expenses (10,000) Net income $30.000 a. Contribution margin ratio is? b. Breakeven point in total sales dollars is? c. To achieve $50,000 in net income, sales must total? d. If sales increase by $100,000, net income will increase by

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

Basic Math
1.2K views

One angle of a triangle measures 52 more than the smallest while a third angle...

Chemistry
1.2K views

What role does the sulfuric acid play in the formation of the nitronium ion? Since nitric...

Physics
1.2K views

A perfect reversed heat engine is used for making ice at 5 C from water...

Geometry
1.2K views

8 Find the number of sides that a polygon has if the sum of the...

Basic Math
1.2K views

How many years will it take $1,000 to grow to $1,500 if it is invested...

Basic Math
1.2K views

How many solutions are there to the equation below?8(x-3) = 8x-24A. Infinitely many solutionsB. No...

Calculus
1.2K views

Find the area of the region outsider = 7+ 7 sin 0, but inside r...

Algebra
1.2K views

13 Solve the rational equation 202 2 Don t forget that the easiest way to...

Algebra
1.2K views

Solve 13 22 cosx 8 sin x 0 x 2 3

Accounting
1.2K views

Juarez Corporation produces cleaning compounds and solutions for industrial and household use. While most of...

Accounting
1.2K views

Haynes, Inc., obtained 100 percent of Turner Companys common stock on January 1,2020, by issuing...

Accounting
1.2K views

Problem 4-7 Financial Ratios (LO3) Here are simplified financial statements for Phone Corporation in 2020:...