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spin [16.1K]
3 years ago
6

Sawit Corporation, a manufacturer of woodworking tools, wants to introduce a new power screwdriver. To compete effectively, the

screwdriver cannot be priced at more than $14. The company requires a 15% rate of return on investment on all new products. In order to produce and sell 80,000 screwdrivers each year, the company will need to make an investment of $800,000. The target cost per screwdriver would be:
Business
1 answer:
maw [93]3 years ago
4 0

Answer:

The answer to the above question is $ 12.50

The answer and procedures of the exercise are attached in the following archives.

Explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
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If a rise in incomes is the same proportion for both low-income and high-income workers, then poverty will rise and inequality w
Nonamiya [84]

Then poverty will fall and inequality will rise.

<h3>What is poverty?</h3>
  • Being in a state of poverty means having few material possessions or little money.
  • Numerous social, economic, and political factors can contribute to or be a result of poverty.
  • There are two primary metrics of poverty used in statistics and economics: Relative poverty is the inability of a person to maintain a minimal standard of living in comparison to others in the same period and place.
  • Absolute poverty is the comparison of income to the amount required to meet fundamental personal necessities, such as food, clothing, and shelter.
  • Depending on the community or the country, many terms are used to define relative poverty.
<h3>What is income inequality?</h3>
  • The disparity in how income is allocated among people or populations is known as income inequality.
  • It is also known as the wealth gap, wealth disparity, wealth and income discrepancies, or the gap between the rich and the poor.
  • Therefore, the poverty will fall and inequality will rise.

Know more about absolute poverty here:

brainly.com/question/2264730

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3 0
2 years ago
Katie, a single taxpayer, is a shareholder in Engineers One, a civil engineering company. This year, Katie’s share of net busine
scoray [572]

Answer:

A) Katie's maximum deduction is $200,000 x 20% = $40,000

But we must check that her deduction meets 3 requirements:

  1. cannot exceed 50% of her earned wages = $300,000 x 50% = $150,000 ✓ requirement met
  2. cannot exceed 25% of her earned wages + 2.5% of qualified property = ($300,000 x 25%) + ($150,000 x 2.5%) = $78,750 ✓ requirement met
  3. cannot exceed 20% of taxable income = $400,000 x 20% = $80,000 ✓ requirement met

B) Katie's maximum deduction is $400,000 x 20% = $80,000, but since her net business income is higher than her taxable income, she must calculate 20% x $350,000 (taxable income) = $70,000 (same as requirement 3 in previous answer)

3 0
3 years ago
Allied Biscuit Co. is expected to generate a free cash flow (FCF) of $8,140.00 million this year (FCF₁ = $8,140.00 million), and
Anarel [89]

Answer:

The answer is $259,116.04 million

Explanation:

The current total firm value of Allied Biscuit Co will be equal to the present value of future cash flow of the firm.

Present value of FCF1 = 8,140 million / 1.063 = $7,657.57 million;

Present value of FCF2 = (8,140 x 1.19) / 1.063^2 = $8,572.45 million;

Present value of FCF3 =  (8,140 x 1.19^2) / 1.063^3 = $9,596.63 million.

Present value of the growing perpetuity at 2% of cash flow after year 3:

[ (8,140 x 1.19^2 x 1.021) / ( 6.3% - 2.1%) ] / 1.063^3  = $233,289.39 million.

So, the current total firm value:

7,657.57 + 8,572.45 + 9,596.63 + 233,289.39 = $259,116.04 million.

3 0
3 years ago
On July 31 of the current year, Dome Co. issued $1,000,000 of 10%, 15-year bonds at par and used a por­tion of the proceeds to c
vredina [299]
What grade are you in
4 0
3 years ago
ast year, Buckner &amp; Jones Company incurred the following costs: Direct materials $42,000 Direct labor 63,000 Manufacturing o
ddd [48]

Answer:

correct option is d.$76.46

Explanation:

given data

Direct materials = $42,000

Direct labor = 63,000

Manufacturing overhead = 94,500

Selling expenses = 25,200

Administrative expenses = 23,100

sold = 2,060 units

to find out

conversion cost per unit

solution

we find first total conversion cost

total conversion cost  = Direct labor + Manufacturing overhead  ..........1

total conversion cost  = 63,000 + 94,500

 total conversion cost  = $157,500

and

Conversion cost per unit will be

Conversion cost per unit = \frac{Total conversion cost}{sold}

Conversion cost per unit =  \frac{157,500&#10;}{2060}

Conversion cost per unit = 76.46

so correct option is d.$76.46

8 0
3 years ago
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