** Round all answers to two decimal places. can you please show the work so i...

** Round all answers to two decimal places. can you please show the work so i can understand**

Part I - Use CVP to Plan Profits

Nottingham News Company has the rights to sell and deliver the city newspaper in a designated area in the country. A monthly subscription sells for $30.00 and Nottingham News pays $10.00 per month for each newspaper subscription. In addition to this variable cost, Nottingham News has fixed costs of $3,000 per month. Nottingham News currently activity level is 700 subscriptions.

1. Calculate the contribution margin ratio and explain the ratio as it pertains to Nottingham News Company.

2. Use the mathematical formula to calculate Nottingham News' monthly breakeven point in units (number of subscriptions).

3. Use the shortcut contribution margin approach to calculate Nottingham News' monthly breakeven in units (number of subscriptions).

4. Prove the breakeven point by preparing a contribution margin income statement.

5. Use the contribution margin ratio, which you calculated in number one to compute Nottingham News' breakeven point in sales dollars.

6. Calculate the margin of safety ratio and explain the ratio as it pertains to Nottingham News Company.

The owner of Nottingham News' wants to earn a $10,000 profit per month. Calculate the sales volume in units (number of subscriptions) and sales dollars required to achieve this level of profit.

Expert Solution

Please find the solution in screen shots,

Amounts are in Dollars

jeff jeffy answered 2 hours ago

Please show all work for full credit! When performing calculations, round numbers to 3 decimal places...

Please show all work for full credit! When performing calculations, round numbers to 3 decimal places The California Condor (Gymnogyps californianus) is a critically endangered species. In 1991, 48 adults individuals were released in the wild from the captive breeding program. In 2016, there were approximately 323 individuals in existence. 1.Calculate r for this time frame, assuming a continuous and constant growth rate (2 pts). 2.What is the doubling time of this population (2 pts)? 3. 30 rabbits are introduced...

Determine the value z* that satisfies the conditions below. (Round all answers to two decimal places.)...

Determine the value z* that satisfies the conditions below. (Round all answers to two decimal places.) (a) Separates the largest 3.2% of all z values from the others z* = (b) Separates the largest 0.8% of all z values from the others z* = (c) Separates the smallest 5.6% of all z values from the others z* = (d) Separates the smallest 12.1% of all z values from the others z* =

Round answers to 5 decimal places. Suppose there are two consumers, A and B, and two...

Round answers to 5 decimal places. Suppose there are two consumers, A and B, and two goods, X and Y. Consumer A is given an initial endowment of 3 units of good X and 7 units of goodY. Consumer B is given an initial endowment of 8 units of good X and 5 units of good Y. ConsumerA’s utility function is given by:UA(X, Y) =X^1/2 Y^1/2 and Consumer B’s utility function is given byUB(X, Y) =X^1/5 Y^4/5. Therefore, the marginal...

Round the answers to two decimal places in percentage form. (Write the percentage sign in the...

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box). Balance Sheet December 31, 2010 Cash and marketable securities $102,000 Accounts payable $287,000 Accounts receivable $299,000 Notes payable $61,200 Inventories $628,000 Accrued expenses $51,900 Prepaid expenses $10,300 Total current liabilities $400,100 Total current assets $1,039,300 Long-term debt $415,000 Gross fixed assets $1,502,000 Par value and paid-in-capital $376,000 Less: accumulated depreciation $312,000 Retained Earnings $1,038,200 Net fixed assets $1,190,000 Common Equity 1,414,200 Total...

Solve ΔABC. (Round your answers to two decimal places. If there is no solution, enter NO...

Solve ΔABC. (Round your answers to two decimal places. If there is no solution, enter NO SOLUTION.) α = 47.16°, a = 5.04, b = 6.17 smaller c: c = β = ° γ = larger c: c = β = ° γ =

Free Response Questions Please round all numerical answers to the nearest four decimal places 1. Answer...

Free Response Questions Please round all numerical answers to the nearest four decimal places 1. Answer the following questions if the average cost function is: AC=q^2-24q+10 (b) what level of production is the AC function minimized? (c) If this firm is operating in a competitive market, what is its price at long run equilibrium? (d)How much profit does the firm earn at the long run equilibrium? (Please show the steps for how you get the answer. Thank you so much!)

Round all answers to three decimal places. The numbers of construction workers for various projects are...

Round all answers to three decimal places. The numbers of construction workers for various projects are 32 ,20 ,25 ,52 ,16 ,21 ,28 ,35 ,23 ,41 ,46 ,17 ,23 27 ,11 ,60 The mean of this data is: The standard deviation of this data is: The five number summary is: The interquartile range is: Replacing the largest number with (blank) results in the smallest whole number outlier

ROUND ALL CALCULATIONS TO TWO (2) DECIMAL PLACES a. (15 pts) Please draw the Keynesian Cross...

ROUND ALL CALCULATIONS TO TWO (2) DECIMAL PLACES a. (15 pts) Please draw the Keynesian Cross assuming the following information. Be sure to specify at what point consumption and disposable income are equal. Marginal Propensity to Consume = .88 Autonomous Consumption = $525 b. (5 pts) Assume that your disposable income is $760. How much are you consuming? Are you saving or dissaving? c. (10 pts) Assume that autonomous consumption increases to $890. Please illustrate this change on graph from...

This question contains three parts. Please show your numeric answers as percentages with two decimal places...

This question contains three parts. Please show your numeric answers as percentages with two decimal places (XX.XX%). a) Assume that at the end of 2008, the level of S&P 500 index was 980, the expected annual dividend yield on the index in 2009 was 2.1%, and the expected annual growth rate in dividends in the long term was 7.5%. The long-term U.S. government yearly bond yield at the end of 2008 was 1.9%. What was the implied annual market risk...

Find the indicated probability. Round to three decimal places. Show work In a certain college, 33%...

Find the indicated probability. Round to three decimal places. Show work In a certain college, 33% of the physics majors belong to ethnic minorities. If 10 students are selected at random from the physics majors, that is theprobability that no more than 6 belong to an ethnic minority?

Question