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sergeinik [125]
3 years ago
7

Blackner corporation produces and sells a single product. data concerning that product appear below: selling price per unit $220

.00 variable expense per unit $70.40 fixed expense per month $492,184 the break-even in monthly dollar sales is closest to:
Business
1 answer:
Lorico [155]3 years ago
8 0

Answer:

$723,800

Step-by-step explanation:

To find the break even point, we first need to find the number of units needed for the break even point using the formula:

BreakEvenPointInUnits=\dfrac{FixedCost}{SalesPricePerUnit-VariableCostPerUnit}

Let's break down the variables that we have.

Fixed Cost = $492,184

Sales Price Per Unit = $220.00

Variable Cost Per Unit = $70.40

Now let's use the formula and input all the values.

BreakEvenPointInUnits=\dfrac{$492,184}{$220.00-$70.40}

BreakEvenPointInUnits=\dfrac{$492,184}{$149.6}

BreakEvenPointInUnits=3,290Units

Now that we know the amount of units needed to break even, we then use the formula:

BreakEvenPointsInDollars=SalesPriceperUnitxBreakEvenPointInUnits

BreakEvenPointsInDollars=$220.00x3,290

BreakEvenPointsInDollars=$723,800

So this means the the break-even in monthly dollar sales is closest to $723,800.

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Verizon [17]

Answer:

Price of stock  = $40

Explanation:

According to the dividend growth model, the price of a stock is the present value of expected dividend discounted at the required rate of return.

This is done as follows:

Price of a stock = D×(1+r)/(r-g)

D(1+g) - Dividend for next year = 100%-40%× $3 = $1.8

g- growth rate - 10%

r- required rate of return - 15%

Price of stock = 1.8× (1.1)/(0.15-0.1)

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3 years ago
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Which of the following items is included in the calculation of GDP? a.purchase of 100 shares of Microsoft stock b.purchase of a
Nady [450]

Answer:

The correct answer is option e.

Explanation:

The GDP of a country is the value of final goods and services produced in the geographical boundaries of a nation in a year. It does not include the value of intermediate goods produced. This is because it may lead to double counting. So the value of intermediate goods is included as a part of the value of the final good. It also does not include the value of services provided by homemakers.

Financial transactions such as purchase and sale of stocks and shares are not included. This is because it does not involve the production of any good or service. Sale of second-hand goods is also not included because of the problem of double counting.

7 0
3 years ago
Which of the following statements about human populations in industrialized countries is incorrect? Which of the following state
ozzi

Answer: Birth rates and death rates are high.

Explanation:

In industrialized countries the life expectancy is reasonably high, so it's false to state that the death rate is high.

Also in industrialized countries birth is controlled as against developing countries that don't really put birth control measures.

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The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces,
jeka57 [31]

Correct/Complete Question:

The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces, political forces, and social forces. True or False

Answer:

True

Explanation:

The above forces, economic, political and social determine the answers to the three economic problems and also determines how economic forces operate in an economy. The three economic questions are;

 -  What goods and services should be produced?

 -  How should these goods and services be produced?

 -  Who consumes these goods and services?

Political forces are forces that influence the economic and political stability of the market. Social forces include cultural influences on the economic stability of the market. Economic forces on the other hand are the factors that determine/influence the competitiveness of the market in which a firm operates.

I hope this helps.

5 0
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