Answer:
The correct answer is D.
Explanation:
Giving the following information:
Sales=$775000
Variable expenses= 523000
Contribution margin= 252000
Fixed expenses= 132000
Net income= $120000
Hard Rubber:
Sales=$65000
Variable expenses=58000
Contribution margin= 7000
Fixed expenses= 22000
Net income= -15000
New net income= 120,000 + 15,000 - 22,000= 113,000
We have to make a system of equations:
x + y = 7; where x stays for pounds of Kenyan coffee, and y stays for pounds of Sri Lankan coffee. And: 3.50 * x + 5.60 * y = 33.95 ( total cost ).
From the 1st equation: x = 7 - y. We have to substitute it into the 2nd equation:
3.50 * ( 7 - y ) + 5.60 * y = 33.95
24.50 - 3.50 y + 5.60 y = 33.95
5.60 y - 3.50 y = 33.95 - 24.50
2.10 y = 9.45
y = 9.45 : 2.10
y = 4.5 lb; x = 7 - 4.5 = 2.5 lb.
Answer: 2.5 lb of Kenyan coffee and 4.5 lb of Sri Lankan.
The answer is true because it is true
Answer:
The correct option is :
This stock is overvalued; you shouldn't consider adding it to your portfolio.
Explanation:
The stocks that are in cedar valley corporation has a price that exceedes its present value from this statement the first given option doesn't justify as the stocks rates are not undervalued.
Now, in the second option its again given that the stock will be overvalued which is true but it should be added to the portfolio is not correct. so, this option is not considered.
In the third option it mentions that stock is overvalued which is the correct option and also that it shouldn't be added in portfolio.
And the last one states that its undervalued which restricts the option at this point only.
So, third option is correct.
