Answer:
Number of caramels = 20
number cremes = 30 - 20 = 10
Explanation:
Data provided in the question:
Selling cost of each box = $12.50
Number of pieces of candies held in a box = 30
Cost of producing caramel = $0.25
Cost of producing cremes = $0.45
Now,
let the number of caramels be 'x'
Thus,
Number of cremes = 30 - x
Profit = Selling price - Cost
3 = $12.50 - [ 0.25x + 0.45(30 - x) ]
or
[ 0.25x + 0.45(30 - x) ] = 12.50 - 3
or
0.25x + 13.5 - 0.45x = 9.50
or
-0.20x = 9.50 - 13.5
or
-0.20x = - 4
or
x = 20
Hence,
Number of caramels = 20
number cremes = 30 - 20 = 10
Answer:
A) gross national product (GNP)
Explanation:
The gross domestic product (GDP) measures the market value of the total production of final goods and services produced within a country during a year.
The GNP is different because it measures the market value of the total production of goods and services produced by the people or businesses of a country within a year. For example, sales of Apple products in Europe do not increase the GDP, but they increase the GNP.
Answer:
$819.98
Explanation:
After making downpayment, the remaining amount is $145,000 - 15000 = $130,000
Using financial calculator:
PV = 130,000
n = 30 years = 360 months
i/r = 6.5%/year = 0.54% / month
FV = 0
PMT = ? (Monthly payment = ?)
--> Monthly payment = $819.98
Answer:
23.08%
Explanation:
The computation of the debt ratio is shown below:
Debt amount
= 2 million × 0.90
= 1.80 million
And,
Equity amount
= 2 million × 3
= 6 million
Now
debt ratio = debt amount ÷ (amount of debt + amount of equity)
= 1.80 million ÷ ( 6 million + 1.80 million)
= 23.08%
Answer:
From the calculation below Up-Towne Movers just paid a dividend of $3.13
Explanation:
The price of share=D1/r-g
The Do is the dividend just paid which is the unknown in the equation
g is the dividend growth rate of 4.3%
r is the required return of 11.1%
The share price is $46.00
$46=Do/(11.1%-4.3%)
46=Do/0.068
by cross-multiplication the equation becomes
$46*0.068
=Do
Do=$46*0.068
Do=$3.13
The dividend just paid by Up-Towne Movers is $3.13 as calculated above from the share price equation
