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hichkok12 [17]
3 years ago
5

Carl's monthly take-home pay is $2000, and his monthly rent is $500. if both his monthly take-home pay and his rent increase by

$100, what percentage of carl's take-home pay will be used to pay rent?
Business
2 answers:
laila [671]3 years ago
7 0

It’s actu 28.6% I just did it on apex                      

sleet_krkn [62]3 years ago
4 0
5% if I am correct please tell me if I am! Thank you!
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Ludmilka [50]

Answer:

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Explanation:

5 0
3 years ago
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Majestic Homes' stock traditionally provides an 8% rate of return. The company just paid a $2 a year dividend which is expected
NemiM [27]

Answer:

The intrinsic value per year would be $52.5

Explanation:

We use the gordon model for stock valuation:

\frac{divends}{return-growth} = Intrinsic \: Value

current year dividends dividends x (1 + rgowth) = next year dividends

$2 * ( 1 + 0.05 ) = 2.10

then:

rate = 0.09

growth = 0.05

2.10/(0.09-0.05) = 52.5

3 0
4 years ago
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6) For the past few years your company has sold 50,000 units of goods each year at a selling price of $26/unit. Fixed production
lana66690 [7]

Answer:

Explanation:

Expected sales(S) -58000 units

Variable cost ( VC) = $9/unit

Fixed cost ( FC) =$ 300000

Sales price =$26/unit

a) Average total cost next year

ATC=(TFC+TVC)/number of units sold = TC/number of units sold

TFC-Total fixed cost; TVC - Total variable cost; TC-Total cost

TVC= 9×58000= 522000

TC=300000+522000=822000$

ATC= 822000/58000= 14.17$

 

b) Marginal contribution rate = contribution per unit of quantity sold

Contribution = SP-VC = = 26 - 9= $ 17

SP - Selling price; VC -Variable cost

​​​​marginal contribution is $17

C) Profit margin = Total sales - total cost

Total sales =  58000*26; Total cost = 58,000*14.17

PM= 1508000-821860 = $ 686140

 

d) Break even volume =( Fixed cost/profit volume ratio)

P/ v ratio =( Contribution /sales ) = 17/26

Break even volume = 300000/( 17/26)  = 458824$

6 0
3 years ago
Which of the following statements is FALSE?
tankabanditka [31]

Answer:

D)The yield to maturity of a callable bond is calculated as if the bond were called at the earliest opportunity.

Explanation:

The callable bond should be trade at the less price so it would generate the high return as compared with the non-callable bond. Whenever it is low it generated the high return but it could not increase over and above to the call value at the time when the yield is less. Also prior to the call date the investors expected that the issuer would follow and the price of the bond represent the given strategy

but the yield to maturity should not be measured at the time when the bond can be called

Therefore d option should be considered

8 0
3 years ago
On December 31, Year 1, Elm Village paid a contractor $4,500,000 for the total cost of a new Village Hall built in Year 1 on Vil
Lubov Fominskaja [6]

Answer:

D. Other financing uses control

$1,500,000

Explanation:

Given that

Total cost of a new village hall = $4,500,000

Transferred balance = $1,500,000

Issue of bond sold at face value = $3,000,000

By considering the above information, the account and amount reported for the General fund is as follows

The transferred balance i.e $1,500,000 is shown in the other financing uses control account which denotes the operating transfer and the $3,000,000 should be recognized as a fund for capital project in a other financing sources control account

3 0
3 years ago
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