Answer:
The overall Sales revenue at break even is $515995.872
Explanation:
The overall break even in dollars or the composite break even point is the Total revenue that a business must earn from all its products that should be equal to the total costs from all its products and there is no profit or no loss.
The formula for composite or overall break even in dollars is,
Break even in dollars = Fixed costs / Weighted average contribution margin ratio
Where the weighted average contribution margin ratio is the weghtage of each product in the overall sales mix multiplied by the contribution margin of each product.
The total sales mix is = 8 + 4 + 1 = 13
Weighted average contribution margin ratio = ((360 - 210) / 360) * 8/13 +
((500 - 300) / 500) * 4/13 + ((1600 - 600) / 1600) * 1/13 = 0.5814 or 58.14%
Break even in dollars = 300000 / 0.5814
Break even in dollars = $515995.872
If there is some discrepancy in the final answer, it will be due to the rounding off of the weighted average contribution margin ratio
Answer:
Abbot makes a savings of $74,000 in the current year.
Review full presentation of answers in the attaches
Explanation:
Answer:
13.16%
Explanation:
In this question we use the RATE formula i.e shown in the attached spreadsheet
Given that,
Present value = $725
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 9% ÷ 2 = $45
NPER = 16 years × 2 = 32 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the yield to maturity is 6.58% × 2 = 13.16%
Answer:
B) Ryan's stock was sold for $9 a share causing him to lose most of his profits.
Explanation:
Stop loss order means the limit the loss to the extent investor has opted. Since Ryan placed a stop loss order at $70, so, when the price of the stock starts at $9, the stock would be sold at $9 because it is the next available price to what he placed a stop loss order.
So, the Answer is Ryan stock is sold for $9 a share causing him to lose most of his profits.
