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son4ous [18]
3 years ago
14

If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this ye

ar? (round your percentage answer to 1 decimal place (i.e .1234 should be entered as 12.3))
Business
1 answer:
dlinn [17]3 years ago
6 0

Missing part of question

Westerville Company reported the following results from last year's operations

Sales $1,400,000

Variable expenses 680,000

Contribution margin 720,000

Fixed expenses 440,000

Net operating income $280,000

Average operating assets $875,000

This year, the company has a $300,000 investment opportunity with the following cost and revenue characteristics:

Answer:

Margin = 20.00%

Explanation:

Margin refers to the difference between the seller's cost for acquiring products and the selling price

Margin Is calculated by Net Operating Income ÷ Sales

Given that Net Operating Income = $280,000 and

Sales = $1,400,00 (Fromm the question)

Calculating Net Operating Income

By substituton

= $280,000/$1,400,000 ---- divid

Net Operating Income = 0.2 ---- convert to percentage

Net Operating Income = 20%

Hence the net operating income is 20%

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Explanation:

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7 0
3 years ago
An agreement to exchange dollar bank deposits for euro bank deposits in one month is a:_________
koban [17]

An agreement to exchange dollar bank deposits for euro bank deposits in one month is a <u>forward transaction.</u>

<h3>What is a forward contract?</h3>

A tailored agreement between two parties to purchase or sell an item at a predetermined price at a later date is known as a forward contract. Although its non-standardized nature makes it particularly suitable for hedging, a forward contract can be utilized for speculating or hedging.

A forward contract can be tailored to a commodity, amount, and delivery date, unlike typical futures contracts. Grain, precious metals, natural gas, oil, and even chicken are examples of traded commodities. Settlement of a forward contract may take place in cash or by delivery.

Forward contracts are categorized as over-the-counter (OTC) instruments because they are not traded on a centralized exchange. While the OTC nature of these products makes it simpler to adjust terms, the absence of a centralized clearinghouse also increases the chance of default.

Thus, it is a forward transaction that is used to exchange dollar bank deposits for euro bank deposits in one month.

For more information on <u>Forward Transaction</u>, refer to the given link:

brainly.com/question/28238316

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8 0
1 year ago
Sunland Company has outstanding 500000 shares of $2 par common stock and 150000 shares of no-par 7% preferred stock with a state
olga nikolaevna [1]

Answer:

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= $214,000

The correct answer is C

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There is need to calculate the preferred dividend for 3 years, which is a function of dividend rate, current market price, number of preferred stocks outstanding  and number of years. The current market price of the preferred stock is used for the computation because the preferred stock has no par value. Then, the amount of dividend paid to common stock holders is the difference between the total dividend paid and preferred dividend.

5 0
3 years ago
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Answer:

None

Explanation:

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6 0
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