Answer:
=$ 3,712.50
Explanation:
Selling price equals to $330,000.00
5 % of $ 330,000= 5/100 x 330,000.00
=$ 16,500.00
Each of the two brokers gets 50% of $ 16,500.00
each gets 50/100 x $ 16,500= $ 8, 250.00
Daisy gets 55 % from her broker, meaning Daisy's broker gets 45%
i.e., 45/100 x 8,250.00= 0.45 x 8,250.00
=$ 3,712.50
Answer:
Option (d) is correct.
Explanation:
Given that,
Average variable cost = $0.30 for each donut
Fixed cost: Cost of rent and machinery = $20,000
If the number of donuts produced and sold in one year is 36,500, then
Average fixed cost:
= Total fixed cost ÷ Number of units sold
= $20,000 ÷ 36,500
= $0.547 or $0.55
Therefore, the average fixed costs be $0.55 if she sells 36,500 donuts in one year.
Answer:
rounding to two decimal places: 11.11%
Explanation:
we can se the approximate formula for YTM
C= 57.5 (1,000 x 11.5%/2)
Face value = 1000
P= 1050 (market value)
n= 24 (12 years x 2 payment per year)
semiannual YTM = 5.4065041%
This is a semiannual rate as we consider semiannula payment.
We need to convert into annual rate:
YTM 11.1053109921343000%
rounding to two decimal places: 11.11%