Fundamentals of Business Finance (025300 )

Refer to the below segmented income statement for Mammbo: Food Beverage Total Sales revenue $690,000 $725,000 $1,415,000 Variable costs 380,000 245,000 625,000 Contribution margin 310,000 480,000 790,000 Traceable fixed costs 88,000 89,000 177,000 Common fixed costs 99,000 Calculate the net income for the company. Provide your answer without any symbols e.g. if the answer is $10,000, enter 10000

Refer to the below segment information for the Mammbo food and beverage division: Sales revenue $1,690,000 Variable costs $930,000 Traceable fixed costs $480,000 Segment margin $580,000 Calculate the contribution margin ratio. Provide your answer in percentage form, rounded to 2 decimal places and without the % sign e.g. if the answer is 80.62%, enter 80.62

A client-facing director at a consulting firm would be classified within a: Group of answer choices Cost centre Profit centre Investment centre Revenue centre

Which of the following statements is true: Group of answer choices Net income equals contribution margin minus common fixed costs Segment profit margin equals sales revenue minus variable cost per unit minus traceable fixed costs ROI measures the rate of return generated by an investment centre’s sales. Common fixed costs are not allocated to business segments

In October 2020, six scholars published the Covid-19 basic reproduction number (R0) for Sri Lanka in the Virology Journal. As is well-known, if this number is greater than one, Covid-19 is out of control. They obtained three data-points for R0: 1.02, .8 and 1.1. Based on this data, test whether the mean of R0 is significantly different from one? Use a significance level of 10 per cent, and assume that the RO follows the normal distribution. Group of answer choices The calculated test statistic is -0.297 and the critical values are -2.92 and 2.92 so we fail to reject that the mean of R0 is one The calculated test statistic is 0.675 and the critical values are -2.92 and 2.92 so we reject that the mean of R0 is one The calculated test statistic is -0.297 and the critical values are - 2.353 and 2.353 so we fail to reject that the mean of R0 is one The calculated test statistic is 11.926 and the critical values are -2.353 and 2.353 so we reject that the mean of R0 is one

Which of the following statements is false: Group of answer choices The current conceptual framework is applicable from 31 December 2021 The conceptual framework requires members to comply with a set of specific arbitrary rules None of the other alternatives The conceptual framework requires members to identify, evaluate and address threats to compliance using the fundamental principles