NF= [9.75(0.9930m)]/[9(0.98100,000)] =328.32
328 contracts should be sold.
What is the required number of contracts to hedge the position?By multiplying the product of the optimal hedge ratio and the units of the position to be hedged by the size of one futures contract, the optimal number of contracts required to hedge a position is determined.
In investing, risk can never be completely removed. Risk, however, can be at least somewhat reduced. Thus, a trader is at least partially converting the underlying "price risk" into another type of risk, known as "base risk," when they enter into a futures contract to hedge against potential price variations.
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The total direct labor hours required in preparing a direct labor budget are calculated using the.
The total direct labor hours required in preparing a direct labor budget are calculated using the basic budget calculations including importing the number of production units from the production budget and multiplying that number by the average number of labor hours required to complete each unit.
What is Direct labor budgeting?To determine how many work hours will be required to create the items listed in the production budget, the direct labor budget is utilized. A more intricate direct labor budget will compute both the overall number of hours required and the breakdown of those hours by labor type.
The direct labor budget may be used to project how many workers will be required to staff the production area for the duration of the budget period.
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a portfolio has a beta of 1.35, a standard deviation of 13.3%, and an average return of 12.01%. the market rate is 12.7% and the risk-free rate is 2.1%. what is the sharpe ratio?
The sharp ratio for the given question is 0.745.
How to calculate sharp ratio?To evaluate risk-adjusted performance, the Sharpe ratio divide a portfolio's higher return by a measure of its volatility.
Investors typically substitute U.S. Treasury bond yields for the risk-free rate of return when calculating the Sharpe ratio by first deducting the risk-free rate from the rate of return on the portfolio. They then divide the outcome by the excess return on the portfolio's standard deviation.
Given,
Average return = 12.01%
Standard deviation = 13.3%
Risk-free rate = 2.1%
Now,
Calculating the sharp ratio,
Formula,
Sharp ratio = [(Average return - Risk-free rate) / Standard deviation]
Sharp ratio = [(12.01% -2.1%) / 13.3%]
Sharp ratio = [9.91% / 13.3%]
Sharp ratio= 0.745
Hence, The Sharp ratio is 0.745.
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winslow corporation has many long-term employees. the company has never had a pension plan. recently, a new management team was hired. the new president said he would like to start a pension plan through which he could reward the long-term service provided by many employees. which of the following types of plans should winslow corporation adopt?
Winslow corporation should adopt the defined benefit plan.
Employees who participate in defined benefit plans will get a fixed, predetermined benefit upon retirement. The fixed benefit offered by this kind of plan is frequently valued by employees. Businesses can contribute (and minus) more yearly than in defined contribution plans on the employer's side.
However, in comparison to the other kinds of plans, defined benefit plans are more complex and thus, costlier to organize and work with. You can enjoy the following pointers by adopting a defined benefit plan:
different retirement options are possibleany size of business is possiblerequired to submit a Schedule SB and Form 5500 each yeardetermine the funding levels and have an enrolled actuary sign Schedule SB.benefits cannot be decreased in the pastLearn more about the defined benefit plan here:
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what is the example for companies passing on extra costs to customers used in the presentation in regard to declining profit margins?
Three profit-oriented pricing methods exist: Profit pricing should be targeted. Price for return on sales. Pricing based on the anticipated return on investment.
One of the most significant pricing technique is value pricing. This considers how valuable, high-quality, and vital your customers perceive your items or services
Strategy for Premium Pricing A pricing policy, also referred as distinction pricing as well as luxury pricing, occurs when a company prices its items high in order to convey the image that its products were high-value, luxury, as well as premium.
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which of the following statements is correct? group of answer choices a) an increase in people's expected future income shifts the aggregate demand curve leftward. b) a tax increase shifts the aggregate demand curve leftward. c) an increase in exports shifts the aggregate demand curve leftward. d) the higher the price level, the larger is the quantity of real gdp demanded.
A) an increase in people's expected future income shifts the aggregate demand curve leftward of the following statements is correct.
Aggregate demand for is a measurement of the full quantity of call for for all completed items and services produced in an financial system. combination demand is expressed as the total sum of money exchanged for the ones items and offerings at a particular fee degree and factor in time.
Combination call for is a time period used in macroeconomics to describe the full call for for goods produced domestically, which include purchaser goods, offerings, and capital items.
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Neon Lighting is comparing actual and applied overhead amounts at the end of the year and finds the factory overhead account has a credit balance. What does this mean
a.Actual costs are higher than applied costs.
b.The entire balance is charged back to work in process inventory.
c. Applied costs are higher than actual costs.
d. The balance should be carried over from year to year.
At the close of the year, Neon Lighting compares applied and actual overhead expenses and discovers that applied costs are greater than real expenditure since the production overrun account has a receivable.
How you employ quantities?When referring to a proper pronoun that CANNOT be measured, use the word amount. When addressing to either a plural or a singular term that CAN be counted, use number.
How should quantities be written?The dollar symbol ($) and the sum of whole dollars are written after the decimals to represent the amount. Put an decimal point after that. Then, to the left of the decimal, enter the amount in cents ().
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Price-discriminating firms will impose a _____ price structure that offers customers with a ______ demand aprice and offers customers with a(n)______ demand a ____ price. A. less elastic; higher; more elastic; lower B. less elastic; lower; more elastic; higher O C. lower; higher; higher lower D. seasonal; lower; unchanging higher
Price-discriminating firms will impose a less elastic price structure that offers customers with a higher demand a price and offers customers with a more elastic demand a lower price.
Despite the fact that all of the transactions' sales expenses are the same, price discrimination is the practice of charging different customers different prices for the same good. Buyers may be discriminated against based on their geography or on individual traits like their wealth, color, or age.
The airline, pharmaceutical, leisure, and telecom industries are just a few of the ones that frequently discriminate on price. Coupons, discounts based on age or profession, retail incentives, and gender-based pricing are a few examples of price discrimination.
Hence the correct option is A
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Rising interest rates reduce domestic consumption by $3 billion and reduce investment by $2 billion, and the marginal propensity to consume in the economy is equal to 0.6.
The change in autonomous expenditure is - billion.
The change in aggregate expenditure equals - billion.
Change in discretionary spending = $5 and Aggregate cost will decrease by $12.5 billion.
What in economics is autonomous expenditure?Independent of the level of income in the economy, a government must make essential autonomous expenditures. Due to its necessity for maintaining a country, the majority of government spending is seen as independent expenditure.
Change in discretionary spending equals $5. Marginal Propensity to Consume (MPC) = 0.6 1-0.6=MPS = 0.4 Multiplier of an Economy = 1/MPS = 1/(0.4) = 2.5
initially cutting $5 from total spending
Consumption and investment both make up aggregate cost. Reduce either of these two, and the overall reward will be reduced. The multiplier for this is 52.5, which equals $12.5.
The total cost will drop by $12.5 billion.
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t the end of the night, a pizza place had 9 1/2 pizzas left over. the 2 employees each took home the same amount of leftover pizza. how much pizza did each employee take home?
Each worker gets 1/4 x 6 = 1/24.
For 100 people, how many pizzas do I need?
38 pies Determine How Much Pizza You'll Need Thus, you would order 38 pies for 100 attendees (100 x 3/8 = 37.5).To ensure accuracy, round up any decimal numbers you arrive at.This calculation is based on the assumption that the typical pizza consumes three slices and is cut into eight slices.
How many orders are placed each day for pizza?
Pizza is very popular.In their lifetime, the average adult in the United States will consume nearly 6,000 pizza slices.Even more mind-boggling is the fact that the United States consumes 3 billion pizzas annually, or more than 8 million pizzas ordered each day.
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_____ promotions are special incentives or programs that encourage consumers to purchase a product or service and can include coupons, rebates, contests, free samples, and point-of-purchase displays.
Sales
Numerous communication strategies are used in sales promotion to try and offer incentives or extra value to consumers, wholesalers, retailers, or other clients of the firm in an effort to boost sales right away. These initiatives might aim to increase product interest, trial use, or purchase.
Consumers are persuaded to purchase a product right away via point-of-purchase displays. These displays give a product specific positioning and signage in order to draw attention to it. Manufacturers anticipate that when a consumer sees a special display or can promptly obtain a coupon, the availability or the discount will persuade them to buy, hence increasing overall sales.
Although sales promotions are sometimes transient, they are used by businesses more frequently and are more well-liked by consumers during bad economic times.
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In relative terms, gold represented only 17% of the monetary flows of the US, UK, and France in 1848. By the year 1913, that percentage fell to 10%. True False
In relative terms, gold represented only 17% of the monetary flows of the US, UK, and France in 1848. By the year 1913, that percentage fell to 10%. TRUE
Gold is a chemical detail with the image Au and atomic range seventy nine. This makes it one of the higher atomic quantity elements that occur certainly. it's far a vibrant, slightly orange-yellow, dense, smooth, malleable, and ductile metallic in a pure form. Chemically, gold is a transition metal and a set 11 element.
100% of gold discovered evidently is isotope Au-197. 28 other isotopes can be produced artificially and are all radioactive. Gold at the side of silver and copper, form a column in the periodic table.
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Exempting things such as groceries and clothing from sales tax is an attempt by states to make sale tax less ______.
Exempting things such as groceries and clothing from sales tax is an attempt by states to make sale tax less regressive.
A sales tax is a fee that is paid to the government when specified goods and services are sold. Typically, laws permit the vendor to charge the customer the tax at the time of purchase.
Use taxes are typically used to describe taxes on goods and services that consumers pay directly to a governing authority. The sale and use tax is frequently exempted for some goods and services, including food, education, and medical. A sales tax is similar to a value-added tax (VAT) that is levied on products and services. Key distinctions can be found in the comparison with sales tax.
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mbo is an innovative way of thinking that affects the culture, the strategy, and the technology of a company. t/f
False, MBO is an innovative way of thinking that can influence a company's culture, strategy and technology. By implementing MBO, there will be positive changes in a company.
Understanding management in general is a process carried out by someone in managing the activities carried out by individuals or groups. Systems or management must be carried out to meet the targets to be achieved by these individuals or groups in a collaboration by optimizing existing resources.
Means management can be interpreted as the ability to manage everything to achieve a goal. The ability to organize in the realm of management is actually unconsciously practiced by us every day. In a company the management function itself is to plan, organize, and develop human resources, mobilize and control the resources owned efficiently and effectively.
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What aspect of marketing contains, protects, displays, increases the utility, and promotes a product, as well as conveying the product and brand messages?.
Packaging aspect of marketing contains, protects, displays, increases the utility, and promotes a product, as well as conveying the product and brand messages.
Which marketing elements are the most crucial?The most crucial task for any marketer is to constantly improve their understanding of their target audience. Documenting what you've discovered about your consumer over the year is crucial, even though it's something you should work on every day of the year.
What is the significance of marketing?The benefit of marketing to your company is that it engages customers and assists them choose whether to get your services or goods. Additionally, a marketing strategy, which is a component of your business plan, aids in generating and maintaining demand, relevance, reputation, competitiveness, etc.
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Most of the financial information about an organization is based on information generated from accounting records. The reports and financial statements prepared by accountants.
Most of the financial information about an organization is based on information generated from accounting records. The reports and financial statements prepared by accountants decision-makers both inside and outside the business can use the information you offer.
What is financial data?Data on a person or business's financial transactions is known as financial information. Using this data, creditors and lenders can calculate estimates of the credit risk.
Which are the sources of financial information?In actuality, a balance sheet, an income statement, and a cash flow statement are the three types of financial data needed to accurately assess the financial performance of the company.
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when applying for the FAFSA, which of the following is not true?
When applying for FAFSA, the following is not true. The earliest one can apply and submit for FAFSA is January 1st of each year.
What is FAFSA?FAFSA or The Free Application for Federal Student Aid is a form completed by current and prospective college students for undergraduate and graduate in the United States to determine their eligibility for student financial aid.
The FAFSA is different from CSS Profile which is short for College Scholarship Service Profile. It is also required by some colleges, primarily private ones. The CSS is a fee-based product of the College Board which is a private non-profit organization and is used by the colleges to distribute their institutional funds, rather than federal or state funding.
A student should also have a valid social security number to apply for FAFSA.
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Fowler, Inc., just paid a dividend of $3.25 per share on its stock. The dividends are expected to grow at a constant rate of 4.75 percent per year, indefinitely. Assume investors require a return of 10 percent on this stock. a. What is the current price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What will the price be in five years and in fourteen years? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a. Current price
b. Price in five years Price in fourteen years
Po = 44.35
P4 = 56.52
P16 = 116.99
As evidence:
Dividend per share equals $2.40
annual constant rate = 6.25 percent
return is equal to 12%
Finding out
How much will something cost right now, in four years, and in sixteen years?
Solution
Here, we'll use. Model of Gordon Growth
Po denotes the current share price, Ke denotes the cost of equity, and g is the dividend growth rate, and D1 is the estimated dividend for the following year, or 2.45 multiplied by 1.0625.
so
Po = 44.35
P4 = 56.52
P16 = 116.99
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during the process of monitoring progress, which question below could be answered by the project schedule?
B) Will we be able to finish the project on time?
Which of is the motivation behind an undertaking status report?
A project status report is a document that compares and contrasts the project's progress over a given time frame with the plan.Project chiefs use status reports to keep partners educated regarding progress and screen costs, dangers, time and work.
What is scope monitoring's primary focus?
The Monitoring and Controlling procedures' primary focus is on project management and progress reporting.
When defining the scope of a project, what is the first step a project manager will take?
The creation of a statement of work is the first step in defining the scope of the project.This is the official document that specifies the project's requirements.It includes a general description of the work that needs to be done, a schedule, a timeline, any special skills that are required, and the location of the work.
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Full Question = During the process of monitoring progress, which question below could be answered by the project schedule?
a. Do the deliverables meet the established quality and performance expectations?
b. Are we on target to meet the project deadline?
c. Are the project requirements being followed?
d. Has the project encountered any
lifetime value measures the extent to which a company puts effort into servicing its customers' needs, based on an understanding of each customer’s profitability. true false
The Customer Lifetime Value is determined by multiplying the average purchase value, purchase frequency, and lifespan of your customers.
What exactly is the Customer Lifetime Value (CLV)?
A measure of a company's total income from a typical customer for as long as that person or account remains a client is known as its customer lifetime value (CLV).
The best way to measure CLV is to look at a customer's average total revenue and average total profit.Each one sheds light on how customers interact with your company and how well your overall marketing strategy is performing.
What distinguishes CLV and LTV from one another?
The present value of a brand's customer based on past or anticipated purchases is known as the customer lifetime value (CLV).The metric known as LTV measures the net profit that is derived from the ongoing relationship that exists between a customer and a product.
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Victor valencia is paid $10 per hour. During the week ended 6/30, victor worked 40 hours. Assuming a 6. 2% social security tax, the company would withhold $ from victor's gross pay for social security taxes. Multiple choice question. 24. 80 2,480 2. 48 248. 0
Assuming a 6. 2% social security tax, the company would withhold a. $ 24. 80 from Victor's gross pay for social security taxes .
How to find the amount withheld for Social Security ?The Social Security tax is charged on the income of people to allow the government to be able to maintain social security payments to the older people in America . The current rate is 6.2 % of a person's income up to a certain amount of their yearly income .
The amount to be withheld from Victor Valencia's payment can be found by first finding what Victor Valencia earned:
= Number of hours worked x Pay per hour
= 40 x 10
= $ 400
The social security tax would be:
= Social security tax rate x Earnings in the week
= 400 x 6.2 %
= $ 24. 80
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explain two ways in which product differentiation can be useful to consumers and two ways in which it can be detrimental to consumers
Because businesses generate goods that appeal to a wide range of customer tastes, economists concur that consumers profit from a market structure that is monopolistically competitive.
An economist is a specialist who researches how goods and services are produced and consumed in an economy. They use this data to support economic policy decisions made by firms and governments. Anyone who purchases products and services is a consumer. By increasing the demand for products and services, they are the ones who propel the economy. To understand the economy and how it operates, economists employ a range of techniques. Surveys, experiments, or mathematical models might be employed.
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An increase in the expected price level shifts short-run aggregate supply to the.
Based on microeconomic strategies and supply rules, An increase in the expected price level shifts short-run aggregate supply to the left.
What are expected price level shiftsexpected price level shifts is a term that is used to describe the phenomenon whereby the higher expected price level will reduce the number of goods and services supplied and shifts the short-run aggregate supply curve to the left.
On the other hand, a lower expected price level boosts the number of goods and services supplied and shifts the short-run aggregate supply curve to the right.
Generally, the expected price level shifts affect employees' wages, the production level of a nation, and employment rates. Hence, most commodity production firms tend to be wary of the impact of the expected price level shifts.
Therefore, in this case, it is concluded that the right answer is a shift to the left.
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In cell C6, enter a formula that multiplies the value in C5 for the month of January by the value in cell B6. Use a mixed reference for the cell B6 so that only column B does not change when copied. Use relative reference for all other cell references
Precision Building Average Kitchen Remodel Atlanta Boston Denver Honolulu Houston Avg Cost $43,000 $60,000 $38,000 $51.500 $53,00 5 Cost Increase 1.1
Enter a formula in cell C6 that increases the value of Atlanta city in cell C5 by the value of cell B6.
A mixed reference is one that contains both absolute and relative references. The absolute reference is specified with the symbol $. Column B is locked, or $B6 indicates that it cannot be modified when the formula is duplicated. Furthermore, C5 uses a relative reference rather than an absolute reference. Row and column change when a formula is duplicated, depending on the cell to which it is copied. Additionally, for B6, the row varies depending on the cell the copied formula is pasted into but the column remains stable (i.e., B doesn't change).
Put a formula in cell C6 that raises the value of the city of Atlanta from cell C5 to cell B6. In order to prevent only column B from changing when copied, use a mixed reference for cell B6. For all other cell references, use relative references.
C6 = C5*$B6
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clinton, a manager at a textile company, is bothered by a lack in quality of products manufactured by his company. clinton hopes to infuse quality into the company through continuous improvement by involving everyone who works there. this describes which control philosophy?
Clinton wants to involve every employee in the company's ongoing improvement in order to infuse it with quality. This is the total quality management control philosophy.
How does total management theory work?Total Quality Management (TQM) is a management philosophy founded on the idea that an organization may achieve long-term success by having all of its members—from entry-level employees to its top executives—concentrate on enhancing quality and, as a result, generating customer satisfaction.
What do you understand by absolute quality control?Total quality control is a comprehensive collection of methods used to reduce faults throughout a whole business. An organization can significantly increase its profitability and customer satisfaction by doing this. Employees from all departments who have the authority to make changes must be involved.
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Supply chain coordination improves if all stages of the chain take actions that are aligned and together increase total supply chain surplus.
TRUE
FALSE
If every level of the chain takes actions that are coordinated and together increase total supply chain surplus, supply chain coordination improves. it is true
If every level of the chain takes actions that are coordinated and together increase total supply chain surplus, supply chain coordination improves. An uncoordinated supply chain results in activities that frequently reduce the earnings of the entire chain as each stage strives to optimise its own profits. Supply chain performance can be enhanced through the use of supply chain coordination (SCC). Coordination is possible when interdependent entities cooperate by pooling their resources and knowledge in order to achieve shared goals that maximise consumer value throughout the entire SC. Cost increases in manufacturing, inventories, distribution, and nearly every other aspect of the supply chain will result from the absence of coordination. The bullwhip effect causes warehouses to be overrun with surplus inventory, which adds needless holding expenses.
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when a company records a loss on purchase commitment and the inventory market price later recovers, what occurs? multiple choice question.
When a company records a loss on purchase commitment and the inventory market price later recovers, then prices fall after the commitment was made.
The loss resulting from the decline in inventory value is recorded in the cost of goods sold account using the cost of goods sold method. The decrease is reflected by crediting the inventory account and debiting the cost of goods sold account.
Companies enter into buy commitments to lock in a particular price as well as occasionally to lock in a supplier's manufacturing capacity, which can be used as a defensive strategy to stop competitors from using the production capability.
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how much must be deposited at the beginning of each year in an account that pays 4%, compounded annually, so that the account will contain $28,000 at the end of 10 years? (round your answer to the nearest cent.)
An amount of $18918.91 or $18919 has to be deposited at the beginning of each year.
How to figure out compound interest each year?The amount of the initial loan, or principal, is multiplied by one plus the annual interest rate raised to the number of compound periods minus one to determine compound interest. You will then be left with the loan balance plus compound interest.
We know,
[tex]A = P(1 + \frac{r}{100} )^t[/tex]
Here,
A = The final amount
P = Initial principal amount
r = Rate of interest
t = Total time period
Given,
A = $28,000
r = 4% p.a.
t = 10 years
Inserting these values in the above equation,
[tex]A = P(1 + \frac{r}{100} )^t[/tex]
[tex]A = P(1 + \frac{r}{100} )^t\\\\28000= P (1+\frac{4}{100} )^{10}\\\\28000= P (1.04)^{10} \\\\28000= P 1.48\\\\P= 18918.91[/tex]
Hence, $18918.91 or$18919 has to be deposited at the beginning of each year.
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Income Distribution in Four Countries provides recent data from the World Bank on the distribution of income in four countries.
Based on the data, the country with the distribution of income that is closest to equal is:
El Salvador.
Costa Rica.
Mexico.
Bangladesh
Income Distribution in Four Countries provides recent data from the World Bank on the distribution of income in four countries. Based on the data, the country with the distribution of income that is closest to equal is: Costa Rica.
Profits is the consumption and saving possibility received by way of an entity within a designated timeframe, which is usually expressed in economic phrases. profits is difficult to outline conceptually and the definition can be different across fields
The term “income” typically refers to the quantity of cash, assets, and other transfers of fee acquired over a set period of time in trade for services or products. there is no unmarried, fashionable definition: income is defined in line with the context in which the idea is used.
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portal manufacturing has total fixed costs of $520,000. a unit of product sells for $15 and variable costs per unit are $11. at a minimum, how many units must portal sell in order not to incur a loss?
at a minimum, the units must portal sell in order not to incur a loss 130,000 units.
Contribution margin per unit = Selling price per unit - Variable costs per unit
= $15 - $11
= $4
Break-even sales = Fixed costs / Contribution margin per unit
= $520,000 / $4
= $130,000
Sales (130,000 units * $15) $1,950,000
Variable costs (130,000 units * $11) ($1,430,000)
Contribution margin $520,000
Fixed costs ($520,000)
Net income $0
Selling price per unit less variable cost per unit equals contribution margin (CM), also known as dollar contribution per unit. The amount of sales revenue referred to as "Contribution" is the fraction that is not used to pay variable costs and hence helps to cover fixed costs.
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Ireland Corporation obtained a $50,000 note receivable from a customer on June 30, 2013. The note, along with interest at 4%, is due on June 30, 2014. On September 30, 2013, Ireland discounted the note at Cloverdale bank. The bank's discount rate is 8%. What amount of cash did Ireland receive from Cloverdale Bank?
$46,000
$48,880
$50,500
$46,880
The amount of cash that Ireland receive from the Cloverdale Bank is $ 46,880.
What is cash?Cash in economics refers to currency in its actual, physical form, such as the coins and banknotes. Cash is defined in bookkeeping and financial accounting as current assets, which include cash or its equivalents that may be obtained immediately or very immediately. Cash is viewed as tool to either prevent a decline in financial markets or as a reserve for payments, in the event of a structural or accidental negative cash flow. Due to their ability to print money, nation-states are now in charge of reducing inflation by regulating the money supply. It also rendered unnecessary the connection between the coin's metal and its value. Coins mainly stopped being used as currency starting in 1816, while some big silver and gold coins continued to be used until 1927.
$50,000*104%=$52,000
The interest on the discounting is :
$52,000*8%*15/12=$5,120
Cash received=$52,000-$5,120=$ 46,880
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