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rjkz [21]
2 years ago
8

A nursing facility has a gross income of $486,000, fixed expenses of $300,000, and variable expenses of $150,000. what is the ap

proximate percentage of gross profit
Business
1 answer:
Tcecarenko [31]2 years ago
7 0

Based on the information provided:

Gross income is $486,000

Fixed expenses: $300,000

Variable expenses: $150,000

To find the percentage of gross profit first figure out the difference between the gross income and expenses which is: $486,000 - $300,000 - $150,000 = $36,000 then divide the gross income by the profit 486,000/36,000 and the answer is 13.5%.

You might be interested in
A cylindrical part of diameter d is loaded by an axial force p. this causes a stress of pya, where a 5 pd2y4. if the load is kno
raketka [301]

Here is the correct question.

A cylindrical part of diameter d is loaded by an axial force p. this causes a stress of P/A, where A= πd²/4. if the load is known with an uncertainty of ±10 percent, the diameter is known within ±5 percent (tolerances), and the stress that causes failure (strength) is known within ±15 percent, determine the minimum design factor that will guarantee that the part will not fail.

Answer:

the minimum design factor that will guarantee that the part will not fail. = 1.434

Explanation:

Looking at the uncertainty; loss of strength must be raised to \dfrac{1}{0.85} due to the stress that causes the failure (strength)  is known within ±15% uncertainty.

Looking at the uncertainty; the maximum allowable load  must be reduced to \dfrac{1}{1.1} because the load is known with an uncertainty of ±10.

Looking at the uncertainty; the diameter must be raised to \dfrac{1}{0.95}  because the diameter is known within an uncertainty of ±5.

The decrease in the maximum allowable stress can be estimated as:

\sigma' = \dfrac{P'}{A'}

where,

\sigma = stress

P = load

A = cross-sectional area of the cylinder

∴

\sigma' = \dfrac{P'}{\dfrac{\pi}{4}(d')^2}

replacing P' with \dfrac{1}{1.1}P   and d' with \dfrac{1}{0.95}d, we have:

\sigma' = \dfrac{(\dfrac{1}{1.1})\times p }{\dfrac{\pi}{4}(\dfrac{1}{0.95 } d)^2 }

\sigma' =\dfrac{P}{\dfrac{\pi}{4}d^2} (\dfrac{\dfrac{1}{1.1} }{(\dfrac{1}{0.95})^2 }) }

\sigma' =\sigma \times (\dfrac{\dfrac{1}{1.1} }{(\dfrac{1}{0.95})^2 }) }

\sigma' =\sigma \times 0.82045

\dfrac{\sigma' }{\sigma } =0.82045

Thus, the uncertainty in diameter and the load of the allowable stress needs to decrease to 0.82045

Now, the minimum design factor that will ascertain that the part will not fail can be computed as:

n_d = \dfrac{loss  \ of  \ function \  parameter }{maximum \  allowable \ parameter}

where;

the design factor = n_d

n_d =\dfrac{\dfrac{1}{0.85} }{0.82045}

the design factor  n_d = 1.434.

Thus,  the minimum design factor that will guarantee that the part will not fail. = 1.434

7 0
2 years ago
The bond has a coupon rate of 6.83 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. A c
Kipish [7]

Answer:

The invoice price for the bond is $1,060.38

Explanation:

Given the following:

PV= Par value = $1,000 ,

CV= Clean Price = $1,049

Coupon Rate per annum = 6.83%

To calculate the Semiannual Coupon Rate= Coupon Rate per annum/2= 3.415%

To calculate Semiannual Coupon= Semiannual Coupon Rate*PV

= 3.415% * $1,000  = $34.15

With an interest accured over 2 months, we calculate it thus:

Accrued Interest = $34.15 * 2/6 = $11.38

To calculate Invoice price:

Invoice Price = CP + Accrued Interest

Invoice Price = $1,049.00 + $11.38

Invoice Price = $1,060.38

3 0
1 year ago
Anderson Corporation predicts that this year's sales will total $7,500,000. The selling price for their product is $62.50 per un
Yakvenalex [24]

Answer:

$2,685,000

Explanation:

Sales = $7,500,000 ÷ $62.50

         = 120,000 units

Contribution = Sales - Variable cost

                     = $7,500,000 - (120,000 × $38)

                     = $7,500,000 - $45,60,000

                     = $29,40,000

Net income (after taxes) = $165,750

Net income before taxes and interest:

= Net income (after taxes) × (100 ÷ 65)

= $165,750 × (100 ÷ 65)

= 255,000

Therefore,

EBIT = Contribution - Fixed cost

255,000 =  $29,40,000 - Fixed cost

Fixed cost  = $29,40,000 - 255,000

                  = $2,685,000

6 0
2 years ago
You plan to work for Strickland Corporation for 12 years after graduation and after that want to start your own business. You ex
victus00 [196]

Answer:

d. $277,797

Explanation:

Savings = $7,500 for the first 6 years (t = 1 through t = 6)

Deposits = $15,000 for the following 6 years (t = 7 through t = 12)  

Gifts = $25,000

Earnings = 9% annually

Calculation of the Final Amount by Savings, Deposits and Gifts:

                                                             Amount at the end of year 6

Interest rate                   9.0%  

1st Annuity (Savings)     $7,500          $56,425 - Compounded at 9%  2nd Anuuity (Deposits)   $15,000                   NA  

Gift                                   $25,000                   NA  

Total Years                        12  

Annuity years                        6

Amount at the end of year 12

           $94,630

           $112,850

           $70,317

Final Amount: $277,797

Therefore, $277,797 is the final amount which you will have when you start your business 12 years from now.

5 0
2 years ago
Read 2 more answers
A firm is using cumulative voting and four director spots are up for election. There are 3.6 million shares outstanding. How man
VladimirAG [237]

Answer:

A minority owner own or control to ensure that he or she can gain control of one seat on the board of directors must have <u>720001 shares.</u>

Explanation:

Number of shares he must own = Total number of shares/(Number of directors + 1)

= 3.6 million/(4+1) + 1

= 720001

4 0
1 year ago
Read 2 more answers
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