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Hunter-Best [27]
2 years ago
13

A company has contribution margin per unit of $90 and a contribution margin ratio of 40%. What is the unit selling price?

Business
1 answer:
Stella [2.4K]2 years ago
3 0

Answer:

b. $225

Explanation:

The computation of unit selling price is shown below:-

unit selling price = Contribution margin per unit ÷ Contribution margin ratio

= $90 ÷ 40%

= $225 per unit

Therefore for computing the unit selling price we simply divide the contribution margin per unit by contribution margin ratio.

Hence, the unit selling price is $225

Therefore the option B is correct

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Akram owns a small farm. He employs 80 workers in the field and has recently hired a manager to help him manage the farm. The in
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Question Completion:

Requirement. Identity two types of short-term finance Akram could use when the farm income is low

Answer:

Akram's Farm

Akram's farm can make good use of the following short-term financing sources:

1. Akram's farm can use Accounts Payable to provide short-term trade finance when the farm buys farm inputs, equipment, and other supplies on credit.  The farm's Accounts Payable can provide interest-free trade loans by allowing the farm to take longer time to settle the suppliers.  But, the farm should not miss out on cash discounts - an important source of trade finance.

2. Akram's farm can generate finances by ensuring early collections of the  Accounts Receivable.  Akram's farm can also go ahead and borrow on the accounts receivable through short-term bank loans guaranteed on the accounts.  The farm can also factor the accounts receivable by selling them to factoring and finance houses for less.

Explanation:

Akram's farm is still a small farm that is not yet formed as a company.  The immediate concentration is growing the entity and starting the processes for changing its corporate status so that it can take advantage of the sources of finance available to companies.

8 0
2 years ago
Arrange the types of investments in the correct order from the least risky to the most risky investment. (speculative stocks, re
jolli1 [7]

I believe the answer is:


1/Retirement plans

Especially the one that arranged by the government since it guaranteed by Federal banks

2/Property

The value would almost always increasing over time


3/A-rated bonds

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If speculative stocks is scored by rating company, it would become B-rated or lower.

8 0
2 years ago
Read 2 more answers
A certain movie star's salary for each film she makes consists of a fixed amount, along with a percentage of the gross revenue t
umka2103 [35]

Salary relationships usually have behaviors that can be expressed through mathematical equations, for this case we must locate the information they give us, according to which the salary of the movie star S is equal to a fixed basic remuneration b plus a percentage x of the gross income g, that is:

S = b + gx

With this equation and the data they give us, we can solve the request so :

\boldsymbol{1)} \; 32 = b + 100x\\\boldsymbol{2)} \; 24 = b + 60x

We clear the basic remuneration  b from the second equation and replace in the first:

\boldsymbol{2)} \; 24 = b + 60x\\24-60x = b\\\boldsymbol{1)} \; 32 = b + 100x\\32 = (24-60x) + 100x\\32-24=100x-60x\\8=40x\\\frac{8}{40} =x\\\boldsymbol{x=0,2}\\b=24-60x\\b=24-60(0,2)\\b=24-12\\\boldsymbol{b=12}

Thus, with the fixed basic remuneration and the percentage of gross income calculated, we can estimate how much the following film should obtain so that the movie star obtains at least  40 millions salary:

40 = g (0.2) +12\\40-12 = g (0.2)\\\frac{28}{0.2y} = g\\\boldsymbol{g = 140}

Answer

The <em>minimum amount</em> of gross income that the next film should generate is \$ 140 <em>millions</em>

3 0
2 years ago
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“formal evaluation could include testing the predictive capabilities of the models on observed data to see how effective and eff
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7 0
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Hannah Roberts owns and operates Hannah's Pool Service Company. On January 1, Hannah Roberts, Capital had a balance of $252,000.
butalik [34]

Answer:

              Hannah's Pool Service Company

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              For the Year Ended December 31, 202x

Hannah Roberts, capital, January 1, 202x                    $252,000

Investments during the year                                            $32,000

<u>Net income                                                                        $73,200</u>

Subtotal                                                                           $357,200

<u>Withdrawals during the year                                           $52,400</u>

Hannah Roberts, capital, December 31, 202x             $304,800

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2 years ago
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