Answer:
If Solemon wants to earn a targeted profit of $3,600, the number of units must be sold are 9,300 units.
Explanation:
In Solemon Company:
Contribution margin per unit = Sales price – Variable cost per unit = $8-$6=$2
The number of units must be sold to meet the target profit figure are calculated by using following formula:
The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.
In there: Total fixed cost are $15,000
Targeted profit are $3,600
The number of units must be sold = ($15,000 + $3,600)/$2 = $18,600/$2 = 9,300 units.
Answer:
So the cost of new stock will be 14.63 %
Explanation:
We have given dividend for next year = $2.80
Stock price = $48
Flotation rate = 5 %
Growth rate = 8 %
We have to find the cost of new common stock
We know that cost of new common stock is given by
Cost of new stock 
=
So the cost of new stock will be 14.63 %
Answer:
When they ask you about past deaths in your family
Answer:
Big chain restaurant industry is a profitable industry with many players to compete. It is facing slow growth in terms of increase of profits and thus most players are looking for international expansion. The domestic consumers have drifted away from the fast food restaurants and they are looking for variety and healthy options for eating out. The profit margins have been low as compared to the fine dining restaurant and thus they depend upon volume of sales rather than value of sales for making profits . There is an increased competition from many international cuisines especially Mexican and Chinese along with...
Explanation:
Answer:
Explanation:
The impact of globalization is positive because is brings new ideas, open opportunity and it open new markets than a entrepreneur might not have before, for this reason, I take a stance against this statement because I believe national responsiveness is the only way to facilitate Globalization. If not that because of this reason, then some countries like North Korea, would have participated actively in this process.