Answer:
See below.
Explanation:
Contribution margin income statement is as follows,
Sales (4,550*305) 1,387,750
Less: Variable costs
Plastic for casting 127,400
Wages 423,150
Drum Stand 168,350
Variable selling 118,300
Contribution 550,550
Less: Fixed costs
Taxes on factory 9,500
Maintenance 19,000
Depreciation 79,000
Lease of equipment 19,000
Accounting staff 69,000
Admin staff 149,000
Profit before tax 206,050
Tax @ 40% 82,420
Profit after tax 123,630
Contribution margin per unit can be calculated as,
Contribution margin / unit = Total contribution / Number of units
Contribution Margin / unit = 550,550 / 4550 = $121/unit
Contribution margin % = 121/305 = 39.6%
Hope hat helps.
Answer:
a) YTM = 9.8%
b) realized compound yield is 9.9%
Explanation:
a) PMT = 80
par value FV = 1000
coupon rate = 8%
curent price PV = 953.1
years to maturity n = 3
Yield to maturity (YTM) = = = 9.8%
b) r2 = 10% = 100%+10%=1.1
r3 = 12% = 100%+12%=1.12
Realized compound yield:First, find the future value (FV. of reinvested coupons and principal
FV = ($80 *1.10 *1.12) + ($80 * 1.12) + $1080 = $1268.16
let a be the rate that makes the future value $1268.16
953.1(1+y)³ =$1268.16
(1+y)³=1.33
1+y=1.099
y = 0.099 = 9.9%
Answer:
Specialization is when a country or producer limits the types of goods they make to specialize in one item and make so much of it that they can send it to other countries. For example, USA specializes in corn becuase we can easily make it so we send it to other countries all over the world.
Answer: Request a meeting with Betty, the previous manager
Explanation:
When assuming a role in an organization it's best to get in touch with the previous manager or head of the department you want to assume and get to know how the office was ran before now that you're about to take over the position. This gives you a platform or a ground on which you as the new manager can work on or work with.
The first priority Mike should look into is meeting with the previous manager, Betty, so she can give him guidance and information