Total variable cost at 7100=7100(590730/7000)=599169fixed cost=372750total cost=599169+372750=971919
Answer:
The appropriate solution is "$130,000".
Explanation:
The given values are:
No. of common shares outstanding
= 50,000
Dividend per share
= $1.80
No. of preferred shares outstanding
= 8,000
Dividend per share
= $5
Now,
The total dividend on common shares will be:
= 
On substituting the values, we get
= 
= 
($)
The total dividend on preferred stock will be:
= 
On substituting the values, we get
= 
= 
($)
Hence,
The total dividend paid by company will be:
= 
= 
= 
($)
Thus the above is the correct answer.
Answer:
Concerned only with profit without ethics
Explanation:
People generally do business with ethics and moral values. The myth of immoral business is that people don't mix ethics and business together. They are concerned only with profits and the services and goods they buy or sell are not immoral but amoral. Business people who do not follow ethics are generally complaining about the regulations, they must realize that both are interlinked with each other.
Answer:
FV= $1,930,661.48
Explanation:
Giving the following information:
Joe's starting salary is $80,000 per year. He plans to put 10% of his salary each year into a mutual fund. He expects his salary to increase by 5% per year for the next 30 years, and then retire. If the mutual fund will average 7% annually
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {8000*[(1.12^30)-1]}/0.12= $1,930,661.48
Answer:
A)If interest rates decline, the prices of both bonds will increase, but the 15-year bond would have a larger percentage increase in price.
TRUE
As it has more time to maturity it will have a higher time expose to the rate therefore, will be more volatile against the rate fluctuations
Explanation:
The 10-year ond is issued at premium, above par as the coupon rate 12% is higher than market rate 10%. Each year will decrease the market value to come closer to maturity date.
The 15-year ond is issued at discount, below par as the coupon rate 8% is lower than market rate 10%. Each year will increase the market value to come closer to maturity date.
