Answer:
The gross profit margin for the cat condo is 50%
Explanation:
Since the gross profit per unit is not given, so first we have to find it. The calculation is shown below:
= Selling price per unit - Direct materials cost per unit - direct labor costs per unit - Manufacturing overhead per unit
= $90 per unit - $15 per unit - $10 per unit - $20 per unit ( $10 per unit × 200%)
= $45 per unit
Now apply the Gross profit formula which is shown below:
= (Gross profit per unit ÷ selling price per unit) × 100
= ($45 per unit ÷ $90 per unit) × 100
= 50%
Answer:
$ 9,387.50
Explanation:
An asset is any item that the owner considers valuable.
Shares , the cars and figurines are assets as Latoya can attach a value to them.
Total value of the shares = 50 x 35.75 = 1, 787.5
Value of the car = $5,600
Figurines = $ 2,000
Total value of assets = 1,787.50+ $5,600 + $2,000
=$ 9,387.50
<span>If a manager's preferences depend only on profit. such a manager will then have an indifference curve that </span><span>is tangent to the profit curve at a quantity exactly equal to 2.5.</span>
Answer: The answer is true
Explanation: the contract can not be enforce until both merchant agrees on a specified price on their agreement
The element of common law includes offer,acceptance and consideration. For the contract to be binding and legal both parties must have the capacity of entering into the contract. The contract of common law will be void if all element of common law formation do not exit.
Answer:
D) $62.57
Explanation:
One should be willing to pay the intrinsic value or fair price, computed using the present value of dividends
Intrinsic value or fair Price = 2.3/1.14 + 2.645/1.14^2 + 3.04/1.14^3 + (3.04*(1+10%)/(14%-10%))/1.14^3
= $62.57
Therefore, You should be willing to pay $62.57 for this stock.
