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Leno4ka [110]
3 years ago
9

Pauley Company provides home health care. Pauley charges $35/hour for professional care. Variable costs are $21/hour and fixed c

osts are $78,000. Next year, Pauley expects to charge out 12,000 hours of home health care.
What is the variable cost ratio?
a. 40%
b. 33%
c. 67%
d. 60%
e. 50%
Business
1 answer:
Lyrx [107]3 years ago
8 0

Answer:

the variable cost ratio is 60 % (option d)

Explanation:

The variable cost ratio (VCR) represents the ratio of variable costs to sales. Therefore

VCR = (total variable costs)/(total sales)

since

total variable costs = variable costs * services provided = $21/hour * 12000 hours/year = $252000 /year

total sales = price of service * services provided = $35/hour * 12000 hours/year = $420000 /year

thus

VCR = ($252000 /year) / ($420000 /year) = 0.6 = 60 %

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Answer:

$32.14 per share

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where,

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Required rate of return is 10%

And, the growth rate is 3%

So by placing these items, the current value is

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2 years ago
the percentage change in quantity demanded is 1 percent greater than the percentage change in price. the percentage change in qu
FrozenT [24]

Answer:

This refers to price elasticity of demand.

Explanation:

The price elasticity of demand (PED) measures how much does the quantity demanded of a good or service changes proportionally to a 1% change in the price of the good or service.

-the percentage change in quantity demanded is 1 percent greater than the percentage change in price.

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-the percentage change in quantity demanded is equal to the percentage change in price.

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-the percentage change in quantity demanded is 100 percent greater than the percentage change in price (in absolute value).

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-quantity demanded does not respond to changes in price.

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7 0
3 years ago
Nicole deposits $2,136 in a savings account paying 5.36% interest. to the nearest dollar, how much money does nicole have in tot
Oduvanchick [21]
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$140,000

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2 years ago
Under normal circumstances, what minimum level of voting ownership is considered to give the investor control over the investee?
mestny [16]

Answer:

In the absence of any condition +50%  of voting securities will give powers to investors to control over the investee.

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