As transportation costs fell, it was easier to get to cities and towns in order to sell surplus goods that these farms produced. Even in subsistence farming, a good year is likely to result in a surplus, and monetizing it would produce discretionary income.
Answer:
50 customers per day
Explanation:
For computing the capacity required customers per day, first, we have to compute the current demand per day which is shown below:
Current demand = Average number of pets per day × estimated percentage
= 74 pets × 60%
= 44.4 per day
Now the capacity required per day would be
= (Current demand per day) ÷ (1 - capacity cushion percentage)
= 44.2 ÷ (1 - 0.12)
= 50.22 per day
Answer:
Since profit per unit is more in Finished bookcase, book cases shall be finished and then sold.
Additional profit per unit on finished book cases in comparison to unfinished book cases = $17.85 - $12.24 = $5.61 per unit.
Explanation:
Provided, current profit per unit = Selling price - Total cost = $59.37 - $37.59 - $9.54 = $12.24
This is calculated to know the current profit per unit, without furnishing the bookcase.
In case, the bookcase is furnished then the cost will increase by $5.64 per unit.
That is total cost per unit = $37.59 + $9.54 + $5.64 = $52.77
Revised selling price = $70.62 for each finished unit
Therefore profit pr unit on finished bookcase = $70.62 - $52.77 = $17.85
Since profit per unit is more in Finished bookcase, book cases shall be finished and then sold.
Additional profit per unit on finished book cases in comparison to unfinished book cases = $17.85 - $12.24 = $5.61 per unit.
Answer:
7.09 %
Explanation:
Cost of preferred equity = Dividend / Market Price x 100
therefore,
Cost of preferred equity = $1.90 / $26.80 x 100 = 7.09 %
Answer: 26.73%
Explanation:
You can calculate the expected return using the Capital Asset Pricing Model (CAPM).
Formula is:
Expected return = Risk free rate + beta * (Market return - risk free rate)
Use the previous figures to solve for the risk free rate:
20.47% = Rf + 1.39 * (16.50% - Rf)
20.47% = Rf + 22.935% - 1.39R
20.47% - 22.935% = Rf - 1.39Rf
-2.465% = -0.39Rf
Rf = -2.465% / -0.39
= 6.32%
New expected return is:
= 6.32% + 1.39 * (21% - 6.32%)
= 26.73%
