30% off. 14,200 multiplied by 0.7 equals 9,940. 1.0 - 0.7 = 0.3
Answer:
20,500
Explanation:
The minimum price at split off is the benefit of further processing less the cost of this processing.
product X further process sales value: 35,000
cost of further processing: (15,000)
minimum accepted price at split-off point: 20,500
The reasoning is as follow: the company will sale at leat to break even.
so the product at split off will be sold at cost.
to get 35,500 worth of goods we must add up to 15,000 dollars
so the initial cost is 35,500 - 15,000 = 20,500
Answer:
-0.11% a year
Explanation:
Susan's real interest rate is the nominal rate of her investment subtracted by the percentage increase in CPI.
The percentage increase in CPI for 2005 was:
Therefore, Susan's real interest rate (i) was:
Answer:
$54 million
Explanation:
The computation of the balance of retained earnings at the end of the year is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income earned - cash dividend paid
= $20 million + $40 million - $6 million
= $54 million
The net income is
= Sales revenue - expenses incurred
= $70 million - $30 million
= $40 million
