Answer:
Correct option is 6.59
Explanation:
Selling price of stock at the end of the year is $6.99. Annual return rate is 6%. Price of stock at the beginning will be present value of stock valued at the end discounted at 6%. Computation is as shown below:
= $6.59
Therefore, Stock's price in the beginning of the year is $6.59.
Answer:
19%
Explanation:
Given that,
Nominal GDP in 2010 = $200 billion
Nominal GDP in 2009 = $180 billion
GDP deflator in 2010 = 125
GDP deflator in 2009 = 105
Percentage change in prices:
= Percentage change in GDP deflator
= (Change in GDP deflator ÷ GDP deflator in 2009) × 100
= [(125 - 105) ÷ 105] × 100
= (20 ÷ 105) × 100
= 0.19 × 100
= 19%
Therefore, the prices increases by 19%.
Answer:
65%
Explanation:
Given that
Sales = $979,000
Variable manufacturing expense = $232,000
Variable selling and administrative expense = $110,650
The computation of contribution margin ratio is shown below:-
Contribution margin ratio = (Sales - Variable manufacturing expense - Variable selling and administrative expense) × 100 ÷ Sales
= ($979,000 - $232,000 - $110,650) × 100 ÷ $979,000
= ($979,000 - $342,650) × 100 ÷ $979,000
= $636,350 × 100 ÷ $979,000
= 65%
Answer:
target fixed costs is $ 420000
Explanation:
Given data
sells 2,000
sales price of $470 per unit.
product cost at $720,000
variable costs are $300,000
to find out
target fixed costs
solution
we know here product cost and variable cost
so target fixed costs is product cost - variable costs
so we put all these value to find out target fixed cost
target fixed costs = product cost - variable costs
target fixed costs = 720000 - 300000
target fixed costs is $ 420000
A
395395/10871087 x 100%= 3.64% of people said it was a good thing
