Answer:
B
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
A company has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries
Leila makes more sweaters and cookies than Sami. She has an absolute advantage
opportuntiy cost
Sami :
Sweaters = 240 / 5 = 48
cookies = 5/240 = 0.02
Let p be the number of pounds of peanuts and c the number of pounds of cashews
If a 100-pound mix is to sell for $3.30 per pound
Then the total value of the mix would be $3.30 x 100 = $330,
so we have
2.80*p + 5.30*c = 330 ------ (1)
We also know that the total mix is 100 pounds, so:
p + c = 100 ------------- (2)
Solving these system of equations we have that c=20 and p =100 - c from
(2)
p = 80 pound of peanuts
Answer:
The Present worth is $777930.25
Explanation:
FInd the NPV of the cashflows
NPV = 200000/(1+0.09)^1 + 200000/(1+0.09)^2 + 200000/(1+0.09)^3 + 200000/(1+0.09)^4 + 200000/(1+0.09)^5
= $777930.25
Therefore, The Present worth is $777930.25
Answer:
Sales volume required to break even = 96,000 units
Explanation:
Break-even Unit Sales = 
where:
Fixed costs = $120,000
Target income = $0 (company wants EBIT of zero)
Contribution margin/unit=Sales price/unit- Variable Costs/unit=
Break-even Unit Sales = 
Answer:
Bowler Corporation
Income Statement for 2021
Sales revenue $485,000
Less Cost of goods sold ($248,000)
Gross Profit $237,000
Less Expenses
salaries expense $61,000
rent expense $36,000
depreciation expense $46,000
miscellaneous expense $28,000 ($171,000)
Net Income/ (Loss) $66,000
Explanation:
Income Statement shows the Operating performance of the the company over the financial period.
Income/loss = Sales - Expenses.
