Answer:
D. a premium roof top restaurant in the same city.
Explanation:
The reason for the selected option above is not far fetched, it was said that the restaurant is located within the premises of the hotel, being a five-star. Secondly, the customers of Golden Harvest Restaurant are concerned about the quality dining and not bothers on how much they pay to enjoy their quality dining.
Answer:
<h3>Required:</h3>
1. (a) Which company has the better profit margin? (b) Which has the better asset turnover? (c) Which has thebetter return on assets?
2. Which company has the better rate Of growth in sales?
3. (a) Did Roak successfully use financial leverage in the current year? (b) Did Clay?
Answer:
-$150
Explanation:
The computation of the expected return from the insurance company is shown below:
= Annual premium × probability of the stolen painting - 1 × theft of painting
= $15,000 × 0.01 - 1 × $300
= $150 - $300
= -$150
By multiplying annual premium with the probability of the stolen painting and then substracted theft of painting so that we can get to know the expected return and the same is to be considered
Answer: Micheal will earn an interest of $600 in the first year based on nominal interest rates.
Since we need to compute the interest paid out at the end of year 1, we use the following formula in order to find the interest
where
SI = Simple interest
P = Principal or initial amount invested
N = Number of years
R = Nominal interest rate
Nominal interest rate refers to the rate quoted on the CD or the rate agreed upon. In this question, the nominal interest rate is 3%.
Substituting the values in the formula above we get,
Answer:
As the contibution of the product is positive the company shoudl continue to produce it in the short-term
If the brand is discontinued then, as the fixed csot are common they will bean additional burden for the other brands. CUrrently Brand A covers most of theri allocated fixed cost
Removing it will decrease the income by the amount of their contribution
$220,645,1
They should be continued.
Explanation:
contribution margin per widget:
310 - 238 = 72
contribution margin ratio:
72 / 310 = 0,232258064516129
Contribution at 950,000 sales:
950,000 x 0.232258 = 220645,1
