Which of the following statements about federal student loans is TRUE?

Sand Inc., a company that produces and sells a single product, has provided its contribution format income statement for January

Yakvenalex [24]

Answer:

C.

Explanation:

Contibution margin means the selling price minus the variable cost incurred on the product. Is the ability of the firm to cover its variable cost with the revenue.

Contribution margin = Sales revenues - Variable expenses

Sales revenue per unit = $94,600 / 4,300 units

Sales revenue per unit = $22

Variable expenses per unit = $47,300 / 4,300 units

Variable expenses per unit = $11

Contribution margin (4,900 units) =Sales revenues (4,900 units) - Variable expenses (4,900 units)

Contribution margin (4,900 units) = ($22 * 4,900 units) - ($11* 4,900 units)

Contribution margin (4,900 units) = $107,800 - $53,900

Contribution margin (4,900 units) = $53,900

5 0

3 years ago

Suppose the United States is currently producing 100tons of hamburgers and 45tons of tacos and Mexico is currently producing 20t

katrin2010 [14]

Answer: 50 additional tons of hamburgers

Explanation:

United States opportunity costs:

Hamburger opportunity cost = 45/100 = 0.45 tons of tacos

Taco opportunity cost = 100/45 = 2.22 tones of hamburgers

Mexico opportunity cost:

Hamburger opportunity cost = 25/20 = 1.25 tons of tacos

Taco opportunity cost = 20/25 = 0.8 tones of hamburgers

US should specialize in Hamburger production because they have a lower opportunity cost.

If both countries combined production of hamburgers then the total would be:

= 100 + 20

= 120 tons of hamburgers

<em>There is missing information on this question which is the US production of hamburgers when it produces 0 tacos. We shall assume that number to be 170 tons of hamburgers.</em>

The total additional tons produced would be:

= US tons when producing only hamburgers - Combined hamburger production

= 170 - 120

= 50 additional tons of hamburgers

3 0

3 years ago

Funds acquired by the firm through retaining earnings have no cost because there are no divdend or interest payments associated

mina [271]

Answer: False

Explanation: The reason is that Retained earning are considered as opportunity cost. Because retained earnings could be used to distribute profit among shareholders and they could invest somewhere to get return. Or retained earnings could be retained by the firm to invest in the company activities itself.

8 0

3 years ago

Sally brings home $50,000 a year to help provide financial support to her family, comprised of her husband and two children. She

svp [43]

Answer:

$386,080

Explanation:

In order to find the Coverage of sally's investment in life insurance for 10year can be done by making 10-year table

Year Cashflow Discount factorI5%) Present Value

$ $ $

1 50,000 0.9524 47,620

2 50,000 0.9070 45,350

3 50,000 0.8638 43,190

4 50,000 0.8337 41,135

5 50,000 0.7835 39,175

6 50,000 0.7462 37,310

7 50,000 0.7107 35,535

8 50,000 0.6768 33,840

9 50,000 0.6446 32,230

10 50,000 0.6139 30,695

NPV = Sum of all present values

NPV = $386,080

3 0

3 years ago

On day two of PI Planning, management presents adjustments based on the previous day's management review and problem solving mee

Tasya [4]

Answer:

The appropriate solution is " Business priorities".

Explanation:

Business priorities become the unique selling point, demonstrated thru all the work environment to somehow be accomplished that alone satisfies, as well as its profit procedure how well the corporation would be coordinated to generate profits.
Responsibilities or expectations are perhaps the most significant so even though individuals guide the performance of the organization.

8 0

3 years ago