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saw5 [17]
4 years ago
7

A coffee distributor needs to mix a(n) Costa Rican coffee blend that normally sells for $9.50 per pound with a Kenya coffee blen

d that normally sells for $13.80 per pound to create 70 pounds of a coffee that can sell for $13.49 per pound. How many pounds of each kind of coffee should they mix?
Business
1 answer:
snow_tiger [21]4 years ago
8 0

Answer:

5,11 pounds of Costa Rican coffee and 64,89 pounds of Kenya coffee

Explanation:

First, we need to know the proportion of every coffee in the mix trying with different percentages until getting the result of $13,49  

 

($9,50*25%)+($13,80*75%)=$12,73  

 

($9,50*10%)+($13,80*90%)=$13,37  

 

($9,50*7,5%)+($13,80*92,5%)=$13,48  

 

($9,50*7,3%)+($13,80*92,7%)=$13,49  

 

So, the percentage of Costa Rican coffee is 7,3% and Kenya coffee is 92,7%  

And we can get the pounds required to get 70 pounds  

 

70*7,3%=5,11

 

70*92,7%=64,89

   

We need 5,11 pounds of Costa Rican coffee and 64,89 pounds of Kenyan coffee to create 70 pounds of mixed coffee that can sell for $13,49 per pound  

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pickupchik [31]

Answer:

Market value of equity / book value of equity   72/52 = 1.38

The company is a little overvalued.

It means that the assets they have because the rate is declining, have a higher yield than the market, that's why their market value increase, therefore the investor will pay more to acquire the company or shares of the company because their profits will be above the common of the industry.

Explanation:

concept                book value       market value          diference

current assets     32 millons          32 millons                        0

long term assets 70 millons         100 millons     +30,000,000

liabilities               50 millons         60 millons        -10,000,000

<em>TOTALS           70+32  - 50= 52    32+100-60=72     +20,000,000</em>

Market value of equity / book value of equity   72/52 = 1.38

This ratio <em>tries to determinate if a company is being undervalued or overvalued.</em>

It is <u>usually good to </u>help a third party at the task of  determinate whether or not <em>a company's market value is suffering from speculation</em> (when extremely overvalued)

When the ratio is <u>below 1 It will mean that it is undervalued.</u> The manager may interpret this that third parties see the company cheap while trading.

When it is <u>above 1, it is overvalued,</u> this means an investor will pay more for a portion of the company than it really has.  This can lead to thinking that forecast profit is rising and because of that the investors are paying a premium. But if it gets really high, then it is saying that the company is subject to speculation and the price bubble may explode anytime.

7 0
3 years ago
Which of the following statements is FALSE?
Vlada [557]

Answer:

Total return equals earnings multiplied by the dividend payout rate.

Explanation:

Total return is calculated as appreciation of price plus dividend paid, divided by the original price of the stock.

The income gained on a stock is the increase in its value along with dividend that is paid out. This is compared to the original price (denominator) to determine how much returns is realised on the stock.

Mathematically

Returns= {(New price- Old price) + Dividend} ÷ Old price

So the statement total return equals earnings multiplied by the dividend payout rate is false

5 0
3 years ago
Towson Corp., had 6,000 shares of $100 par, 4% cumulative preferred stock as of January 1, 2018. No additional shares of preferr
aleksandr82 [10.1K]

Answer:

Common Dividend paid in 2019 = $37,000

Explanation:

Given:

Number of shares = 6,000

Rate = 4% = 0.04

Share price = $100

Computation of per year Dividend

Dividend =  Number of shares × Share price × Rate

Dividend = 6,000 × $100 × 0.04 = $24,000 per year

Preferred dividend for 2 years = $24,000 × 2 = $48,000

Computation of Dividend paid in 2019:

Total Dividend paid = $85,000

Preferred dividend for 2 years = $24,000 × 2 = $48,000

Common Dividend paid in 2019 = $85,000 - $48,000

Common Dividend paid in 2019 = $37,000

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In table 10.1, what is the number of unemployed in year 1?
kvv77 [185]
I believe the answer is b
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What is Endorsement?​
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Answer:

<em><u>Mark me brianliest </u></em>

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<h2>An endorsement may be a signature authorizing the legal transfer of a negotiable instrument between parties. It may also be an amendment to a contract or document, such as a life insurance policies or driver's license. A public declaration of support for a person, product, or service is also called an endorsement.</h2>
3 0
3 years ago
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