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3 years ago

How and why do congress and the president rely on administrative agencies?

1 answer:

3 0

The Constitution makes it clear that the Congress, rather than the President of the United States, has power to assign

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tatyana61 [14]

There aren't very many similarities in modern and ancient medicine, however one othe similarities would be acupuncture. We still use acupunture today" as the ancient Chinese did thousands of years ago.

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3 years ago

ProCart manufactures shopping carts which it sells directly to supermarkets at a unit price of $36. Salesmen complain that they

Anna71 [15]

Answer:

salesman sell before contributes anything to manufacturing overhead and profit = 1852 units

Explanation:

given data

Sale price = $36

variable cost = 40%

budgeted auto and travel expenses = $12,000

salary = $28,000

to find out

how many units will the salesman sell before contributes anything to manufacturing overhead and profit

solution

we get here makes variable cost that is

makes variable cost = 40% of $36

makes variable cost = $14.40

so contribution margin per unit will be

contribution margin = 36 - 14.4

contribution margin = $ 21.60

and Fixed cost will be as

Fixed cost = salary + budgeted auto and travel expenses

Fixed cost = 28000 + 12000

Fixed cost = $40000

and now salesman sell before contributes anything to manufacturing overhead and profit will be as

salesman sell before contributes anything to manufacturing overhead and profit = Fixed cost ÷ Contribution margin per unit .......................1

salesman sell before contributes anything to manufacturing overhead and profit = $\frac{40000}{21.6}$

salesman sell before contributes anything to manufacturing overhead and profit = 1852 units

5 0

3 years ago

Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 560 May 640 June 590 July 680 The c

kherson [118]

Answer:

Details April May June

Unit to be produced 576 630 608

Explanation:

The production budget For April, May, and June can be prepared as follows:

Ruiz Co.

Production Budget

For April, May, and June

Details April May June

Next month's budgeted sales (A) 640 590 680

Ratio of inventory to future sales (B) 20% 20% 20%

Budgeted ending inventory (C = A * B) 128 118 136

Budgeted unit sales for month (D) 560 640 590

Req'd units of avail. production (E = C + D) 688 758 726

Budgeted beginning inventory (F) 112 128 118

Unit to be produced (G = E - F) 576 630 608

5 0

3 years ago

Miltmar Corporation will pay a year-end dividend of $5, and dividends thereafter are expected to grow at the constant rate of 4%

MaRussiya [10]

Answer:

(a) 8.90%

(b) $102.04

Explanation:

(a) Market capitalization rate i.e. expected return:

= Risk free rate + Beta (Market return - Risk free rate)

= 4% + 0.70 (11% - 4%)

= 8.90%

Therefore, the market capitalization rate is 8.90%.

(b) Intrinsic value of stock:

= Expected dividend ÷ (Required return - Growth rate)

= $5 ÷ (8.90% - 4%)

= $102.04

Therefore, the intrinsic value of the stock is $102.04.

5 0

3 years ago

Jasper Furnishings has $225 million in sales. The company expects that its sales will increase 10% this year. Jasper's CFO uses

lions [1.4K]

Answer:

$75,637.5

Explanation:

Sales = $225 million

Growth in sales = 10%

Inventory = $15 + 0.245(Sales)

(sales) S1 = $225,000,000 × 1.10

= $247,500,000

Inventory = $15 + 0.245 ($247.5)

= $15 + 60.6375

= 75.6375

Since this relationship is expressed in thousands of dollars,

Inventory = $75.6375 x $1000

= $75,637.5

7 0

3 years ago