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Lady bird [3.3K]

1 year ago

9

Your annual sales are $217,000. The sales are spread evenly over four quarters except that sales in the first quarter are double

any other quarter. What are your sales in the first quarter of the year?

1 answer:

Anarel [89]1 year ago

6 0

Answer:

divide 217,000 by four. then add what you get by itself once.

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McDonald's Corp has a preferred stock paying a dividend of $19 and has a market price of $178. Calculate the cost of capital for

Iteru [2.4K]

Answer:

McDonald's Corp

The cost of capital for the preferred stock is:

10.67%

Explanation:

a) Data and Calculations:

Market price of preferred stock = $178

Preferred stock dividend = $19

Cost of capital = Preferred stock dividend/Market price of preferred stock * 100

= $19/$178 * 100

= 10.67%

b) The cost of capital for McDonald's preferred stock is the finance cost or interest cost that it must incur for financing its projects using preferred stock. This represents the 10% of the preferred stock value that is paid out to preferred stockholders.

3 0

1 year ago

A manager reorders lubricant when the amount on hand reaches 422 pounds. Average daily usage is 45 pounds, which is normally dis

Snezhnost [94]

Answer: The risk of stock out = 2.94%

Explanation:

Reorder point is calculated as: Lead time*demand per unit time=45*9=405

While the amount on-hand reaches 422 pounds, the manager was reordering lubricant.

During the lead time, Standard Deviation of Demand =Daily S.D*(Lead time)^0.5=3*(9^0.5)=9

Risk of Stock Out=(422-405)/9 S.D=1.89 S.D

From Normal distribution curve 1.89 S.D=0.0294=2.94%

Therefore, the risk of stock out=2.94%

7 0

1 year ago

Read 2 more answers

A trader wishes to unwind a position of 200,000 units in an asset over eight days. The dollar bid–offer spread,as a function of

suter [353]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

3 0

2 years ago

If the price of a slice of pizza rises from $2.50 to $3, and quantity demanded falls from 10,000 slices to 7,400 slices, using t

GenaCL600 [577]

Answer:

(C) -26%

Explanation:

Initial quantity of pizzas demanded = 10,000 slices

New quantity of pizzas demanded = 7,400 slices

Change in quantity of pizzas demanded = new quantity demanded - initial quantity demanded = 7,400 - 10,000 = -2,600 slices

Percentage change in quantity demanded = (change in quantity of pizzas demanded ÷ initial quantity of pizzas demanded) × 100 = (-2600 ÷ 10,000) × 100 = -0.26 × 100 = -26%

8 0

1 year ago

A heat integration project results in saving 5 MM Btu/h of heating utility and 14 MM Btu/h of cooling utility. The prices of hea

guapka [62]

Answer:

9.24 yr

Explanation:

The payback period refers to the amount of time it takes to recover the cost of an investment. In order to find a payback period we need to go through some calculations first

Annual savings = 5 MM Btu/hr x 8,000 hr/yr x $4/MM Btu x 14 MM Btu/hr x 8,000 hr/yr x $7/MMBtu

Annual savings = $0.944 MM/yr

TCI = $\frac{4.0 MM}{0.85}$

TCI = $4.7 MM

Depreciation - Annualized fixed cost = $\frac{[4.0 - 0] }{10}$

Depreciation - Annualized fixed cost = $0.4 MM/yr

Total cost annualized = Annualized fixed cost + Annual operating cost

Total cost annualized = 0.4 + 0.5

Total cost annualized= 0.9 MM/yr

Annual net (after-tax) profit = Annual income - Total cost annualized x (1-Tax rate + Depreciation

Annual net (after-tax) profit = $0.944 MM/yr - $0.9 MM/yr x 1 -0.25 + $0.4 MM/yr

Annual net (after-tax) profit = 0.433MM/yr

Payback period = $\frac{4.0}{0.433MM/yr}$

Payback period = 9.24 yr

5 0

1 year ago