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sergij07 [2.7K]
4 years ago
15

Opal Company manufactures a single product that it sells for $100 per unit and has a contribution margin ratio of 30%. The compa

ny's fixed costs are $49,000. If Opal desires a monthly target operating profit equal to 20% of sales, sales will have to be (rounded): (Round intermediate calculations to 2 decimal places)
Business
1 answer:
yarga [219]4 years ago
7 0

Answer:

$490,000.

Explanation:

To find out sales of Opal Company we will use below equation,

Sales = Variable cost + Fixed cost + Target profit

variable cost margin will be (1 - contribution margin)

= 0.7 (1 - 0.3)

we will consider sales as x,

x = 0.70x + $49,000 + 0.20x

x = 0.90x + $49,000

x - 0.90x = $49,000

x = $49,000 / 0.10

x = $490,000.

Sales = $490,000.

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Suppose the economy is experiencing an output gap of –3%. a. Select each response that indicates how monetary policy or fiscal p
igor_vitrenko [27]

Answer:

Suppose the economy is experiencing an output gap of –3%

a. Monetary policy or fiscal policy can be used to raise actual output toward potential output when:

The government can increase its spending or reduce taxes, which will shift the IS curve to the right and increase GDP.

The Fed can reduce the interest rate, which will shift the MP curve down and increase GDP.

b. The policies identified in part a,

can be used together to raise actual output toward potential output.

Explanation:

Investment-Savings (IS) curve shows all the levels of interest rates and output (GDP) at which an economy's total desired investment (I) equals its total desired saving (S).  This equilibrium can be achieved at a level of interest rate that maximizes output.  The IS curve slopes downward, and to the right because at a lower interest rate, investment is higher, which produces more total output (GDP) for the economy.

7 0
3 years ago
it is often said that managers often make decisions without all the necessary information. Why is this so?
Elena L [17]

Managers usually make decisions without all the necessary information because they are not aware of the alternatives that they've and aren't able to predict the consequences of the decision.

  • In management, decision-making is vital. Decision-making is important in the planning process. During planning, the manager decides on the goals that an organization wants to pursue.

  • In certain cases, a manager may not have all the required information regarding a particular issue but despite that still makes such decisions. Also, there are some decisions that require urgent attention, and delaying such decisions can further complicate such issues.

Read related link on:

brainly.com/question/9075718

8 0
3 years ago
Darla owns a dress shop called Darla's Darling Dresses. During the past year, Darla sold some assets to upgrade her facility. Sh
Alexxx [7]

Answer:

Darla's amount realized on the sale is $800

Adjusted basis in the assets sold is $300

Producing a realized gain on the sale of $500

Explanation:

Amount realized = cash received + FMV of other property + buyer’s assumption of seller’s liabilities – seller’s expenses

Amount realized = 600 + 200 + 0 -0

= $800

Adjusted basis = initial basis – cost recovery deductions

Adjusted basis = 2500-2200 = $300

Gain or loss realized = amount realized – adjusted basis = 800-300

= $500

Therefore Darla's amount realized on the sale is $800 and the adjusted basis in the assets sold is $300, producing a realized gain on the sale of $500

8 0
3 years ago
Bonds that may be exchanged for common stock at the option of the bondholders are called
zavuch27 [327]

Answer: Convertible bonds

Explanation: Convertible bonds are debt securities that are usually issued by the startup companies having no funds to initiate but high upside potential.

Convertible bonds can be converted into common stock at a specific price, on the discretion of the bondholder. These are hybrid securities, offering higher yields than common stock but lower than straight bonds.

From the above we can conclude that option D is correct.

5 0
4 years ago
Remember, a bond’s coupon rate partially determines the interest-based return that a bond (might/will)...........pay, and a bond
prohojiy [21]

Answer:

<u>will</u>, <u>would like </u>

Explanation:

Bond refers to debt instruments whereby corporates raise long term finance agreeing to pay in return, the holders of such securities (bond holders), timely coupon payments and principal repayment at the end of the term.

The fixed rate of interest bondholders receive is referred to as the coupon rate. The rate of interest received by holders of similar bonds in the market refers to an investors expected rate of return also denoted as YTM i.e yield to maturity.

Yield to maturity refers to the rate of return other investors are earning on similarly priced bonds in the market. Higher the yield to maturity, lower will be the present value of bond.

When coupon rate of payment is higher than YTM, such bonds are priced at a premium.

3 0
4 years ago
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