Answer:
The answer is 62% (B)
Explanation:
The easiest way to answer this is by simply doing $65,000 divided by $105,000. You'll get 61.9 but if you round it, you get 62% and that's how you get the answer.
Also, I just got this question and I got it correct.
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Answer:
6,250 units; 7,000 units
Explanation:
Given that,
Fixed costs for proposal A = $50,000
Fixed costs for proposal B = $70,000
Variable cost for A = $12.00
Variable cost for B = $10.00
Revenue generated by each unit = $20.00
Let x be the number of units at break even point,
(a) Condition for break-even point in units:
Total cost = Total revenue
Fixed cost + Variable cost = (Number of units × Revenue generated by each unit)
50,000 + 12x = 20x
50,000 = 8x
6,250 = x
(b) Condition for break-even point in units:
Total cost = Total revenue
Fixed cost + Variable cost = (Number of units × Revenue generated by each unit)
70,000 + 10x = 20x
70,000 = 10x
7,000 = x
Answer:
5.52%
Explanation:
Cost of Furniture= $150,000
discount= 5.25% (120-day note)
To get the exporter's true effective annual financing cost, we have:
![150,000*[1-(0.0525*120/360)] = 147,375](https://tex.z-dn.net/?f=%20150%2C000%2A%5B1-%280.0525%2A120%2F360%29%5D%20%3D%20147%2C375%20)
=(150,000/147,375) 365/120-1 = 5.52%
Therefore, the exporter's true effective annual financing cost is 5.52%
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
<em>You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.</em>
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Explanation
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