Answer:
8,288
Explanation:
Mr. Slater should move 8,288 from stocks to bonds to rebalance his portfolio to 60% stocks and 40% bonds
Answer:
A) $200,000
Explanation:
In this case, Haft has a wide range of possible losses, between $200,000 to $300,000. Since no amount is more probable than others, then the company can decide to report the lowest estimate as long as all the other estimates have the same probability of happening. But if another estimate was probable, e.g. $220,000, then that estimate should be recorded even if it was higher.
Answer
The contribution margin ratio multiplied by the selling price per unit equals the contribution margin per unit.
Explanation:
What happens to the contribution margin ratio of a company that produces only a single product is that the contribution margin ratio multiplied by the selling price per unit equals the contribution margin per unit
Answer:
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<em>The margin of safety for April,</em> expressed as a difference and as percent:
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Explanation:
The <em>margin of safety</em> is the how much the sales exceed the breakeven volume of sales.
<u>1. Calculate the breakeven volume:</u>
Equation:
- Variable costs + fixed costs = Revenue
↓ ↓ ↓
21x + 63,000 = 63x
Solve for x:
<u>2. Margin of safety:</u>
- Margin of safety = Actual sales - Breakeven volume
- Margin of safety = 3,100 units - 1,500 untis = 1,600 units
You can report the margin of safety as the difference, 1,600 units, or as a percent of the sales:
- Percent = (1,600 units / 3,100 units) × 100 = 51.6%
Answer:
d. the demand curve has shifted to the right.
Explanation:
An increase in demand is associated with a rightward shift of the demand curve.
A decrease in demand leads to a leftward shift of the demand curve.
Some of the factors that cause an increase in demand :
1. Increase in income if the good is a normal good.
2. Expectation of an increase in price in the future.
3. Increase in price of the substitute.
An increase in Quanitity demanded leads to an upward movement along the demand curve. Only changes in price leads to a movement along a demand curve.
I hope my answer helps you