Answer:
a. 3.80
Explanation:
This ratio is also called sales turnover.
This represent how much a dollar invested in asset can increase sales.
A higher ratio increase the profitability of the company and represent the efficiency of the assets in the business.
sales/average assets = sales to assets ratio
<u>where:</u>
<em>average assets = (beginning assets + ending assets)/2</em>
(175,000 + 167,000)/2 = 171,000
sales to assets :
650,000/ 171,000 = 3.801169 = 3.80
Answer:
NO.
Explanation:
188 is the cost of the components for the iPad mini. It is not taking account for the overhead cost, the IOS system cost assembly cost and labor cost. $188 would be the cost for the raw materials only. so Apple is not having a $141 gross profit per iPad
There are most cost involved
Answer:
a) Complete the following table with the number of workers needed to make one car or 1 ton of grain in the United States and Japan.
1 Car 1 Ton of Grain
United States 1/5 1/9
Japan 1/3 1/9
b) Complete the following table by determining the opportunity cost of a car and of a ton of grain for both the United States and Japan.
1 Car 1 Ton of Grain
(tons of grain given up) (cars given up)
United States 9/5 5/9
Japan 3 1/3
c) Complete the following table with the quantities of cars produced and consumed in each country if there is no trade.
Cars Produced Tons of Grain Produced
and Consumed and Consumed
United States 250 million 450 million
Japan 150 million 450 million
d) Both countries would be better off if they produced the good in which they have a comparative advantage and then traded 400 million tons of grain for 200 million cars.
a. True
IF each country specialized in the production of only one good:
- US would produce 500 million cars
- Japan would produce 900 million tons of grain
If they traded, the US would end up with 300 million cars and 400 million tons of grains, while Japan would have 200 million cars and 500 million tons of grains. So they both win.
Answer:
The company should make the components because incremental costs are $2 less than the purchase price.
Explanation:
To solve this we would have to calculate the cost of making each unit of the component.
= Direct Labour + Direct Material + Overhead*
25% of Overhead is said to be Incremental. Overhead is 4. This means that 25% of 4 is the Marginal Cost of production. i.e, the cost per unit.
= 25% * 4
= (25/100) x 4
= 1
We would charge $1 per unit to overhead costs.
Therefore, the cost of making each unit of component
= $5 + $2 + $1 = $8
Since the cost of purchasing each unit of component is $10. Then the company has to produce the component because it is less with a difference of $2.
$10 - $8 = $2
Answer:
0.20%
Explanation:
Calculation to determine the maturity risk premium on the 6-year Treasury security
7.45% = 3.40% + 3.85% + MP
MP = 7.45% − (3.40% + 3.85%)
MP=7.45%-7.25%
MP=0.20%
Therefore the maturity risk premium on the 6-year Treasury security is 0.20%
