Answer:
$296.7
Explanation:
Since the first four hours the kitchen set will have a discount of 12 %, plus another 2 % for the last of each hour.
Ingrid bought it at the 1 hour and 25 min, that means that she could get 12 % for the first hour plus another 2 % because of th end of the first hour.
So it will be:
14 % (345) = $48.3
To the total price: $345 - $48.3 = $ 296.7
Hope this info was useful
Answer: $53.94
Explanation:
Current share price is the present value of the dividends for the next 3 years and the terminal value in year 3.
Terminal value = D₄ / ( required return - growth rate)
= (2.35 * 1.22³ * 1.05) / (12 % - 5%)
= $64
D₁ = 2.35 * 1.22 = $2.867
D₂ = 2.867 * 1.22 = $3.49774
D₃ = 3.49774 * 1.22 = $4.2672428
Share price = (2.867 / (1 + 12%)) + (3.49774 / 1.12²) + (4.2672428 / 1.12³) + (64/1.12³)
= $53.94
Answer: $88,700
Explanation:
Given that,
House value = $275,000
Mortgage = $195,000
Car value = $12,000
Car loans = $7,500
Investments = $3,000
Bank account = $2,700
Owes on a credit card = $1,500
Keisha’s net worth:
= House value - Mortgage + Car value - Car loans + Investments + Bank account - Owes on a credit card
= $275,000 - $195,000 + $12,000 - $7,500 + $3,000 + $2,700 - $1,500
= $88,700
Answer:
100 times per year
Explanation:
Data provided in the question:
Annual Demand , D = 320,000 boxes
Cost of storing one box, C = $10
Plant set up cost for production, c = $160
Now,
The optimal ordering quantity = 
or
The optimal ordering quantity = 
or
= 3200
Therefore,
Number of timer in year company produce boxes = 
= 
= 100 times per year
Answer:
Builtrite has higher than average operating expenses
Explanation:
Subtracting cost of goods sold from net sales will give you gross profit. The reason of high gross profit could be company is able to sell its products at a higher price or it is able to keep its cost of goods sold at a lower level than industry standards.
A higher-than-industry-average gross profit margin increases your chances of generating a net profit provided that you are able to keep your expenses within industry average levels.
Operating profit is the pre-tax profit or in other words it is calculated by subtracting operating expenses from the gross profit. Operating profit margin is equal to operating income divided by the total revenue. A lower operating margin despite of having higher gross profit is because the company is not able to control its operating expenses or in other words they are incurring higher operating expenses as compare to industry.
