Answer:
The correct answer is C
Explanation:
Break even Sales is computed as:
Contribution margin ratio = Fixed Cost / Break even Sales
where
Contribution margin ratio = 1 - Variable expense of 80%
= 20%
Fixed Cost is $840
30% = $840 / Break even Sales
Break even Sales = $840 / 20%
= $4,200
The actual sales is computed as:
Actual Sales = (Fixed Cost + Desired Profit) / Contribution margin ratio
= ($840 + $6,600) / 20%
= $7,440 / 0.2
= $37,200
The margin of safety is computed as:
Margin of Safety = Actual Sales - Break even sales
= $37,200 - $4,200
= $33,000
If this is the whole problem:
<span>A trucking company is hired to deliver 125 lamps for $12 each. The company agrees to pay $45 for each lamp that is broken during transport. If the trucking company needs to receive a minimum payment of $1365 for the shipment to cover their expenses, find the maximum number of lamps they can afford to break during the trip.
My answer is 3 lamps.
125 lamps * 12 each = 1,500 total revenue
</span>
Minimum revenue: 1,365
1,500 - 1,365 = 135 excess from minimum revenue.
135 ÷ 45 charge of broken lamp = 3 lamps.
The company can afford to break a maximum of 3 lamps w/o falling below its minimum payment.
Answer:
ROE = 33.33%
Explanation:
<em><u>return on equity:</u></em>
<em><u>where:</u></em>
Average equity
(140 + 160) / 2 = 150
return on equity : 50 / 150 = 1/3 = 0.3333 = 33.33%
The ROE measures the effectiveness of the managers to generate profit with their current net assets(equity)
This ROE of 33.33% rrepresent that for every dollar of equity the company generates 33 cents of income
Answer:
Explanation:
You need to calculate the value of 8 × 12 = 96 different cash flows.
There is not a formula to calculate that, because the<em> $6 dollar increase</em> does not represent growing with a constant rate.
The monthly payments are:
Month payment ($)
0 (today) 300
1 306
2 312
3 318
n 306 + 6 (n-1)
96 (last) 876
Then you must create a spreadsheet with these features:
- Five columns
- First column is the month, and starts with month 0 (today)
- Second column is the initial balance, the first balance is 0
- Third column is the interest: it is calculated as the monthly interest by the initial balance. The monthly interest is 6%/12 = 0.06/12 = 0.005
- Fourth column is the amount deposited: for month zero it is $300, and every month you add $6.
- Fith column is the final balance: it is the sum of the initial balance (second column) + interest (third column) + deposit (fourth colum)
- 96 rows: 8 years × 12months/year = 96 months.
- The initial balance of each row is equal to the final balance of the previous row.
Here a sample of the first three rows:
Month Initial balance Interest Deposit Final balance
0 0 0 300 300
1 300 300×0.005 = 1.5 306 607.5
2 607.5 607.5×0.005 312 922.54
When you do it up to the row 96, the final balance is <em>the balance in the acccount at the end of the eight years</em>.
The last row of your spreadsheet will show:
96 69,042.81 345.21 876 70,264.03
Thus, <em>the balance at the end of eight years will be $70,264.03</em>
Hello!
<u><em>The answer should be the last options.</em></u>
Explanation: Human Resources Director is part of the business, management, and administration career clusters. Assistant to the Chief Executive Officer is part of the business, management, and administration career clusters. Business Accountant is part of the business, management, and administration career clusters. <em><u>Mathematics Instructor is "not part of the business, management, and administration career cluster".</u></em> Hope this helps! Thank you for posting your question at here on Brainly. Have a great day! -Charlie
