3 years ago

Need help with a business question

Business

1 answer:

almond37 [142]3 years ago

8 0

Answer:

Explanation:

I'm not positive, however it does add up to a realistic value.

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Tommy’s Tile Service is planning on purchasing new tile cleaning equipment that will improve their ability to remove tough stain

sergejj [24]

Answer:

1. $132,800

2. $531,200

3. $1,071,200

Explanation:

The break-even point is the level of sales at which the business incur no profit no loss.Fixed and variable costs are covered at this level of sales. Use following formula of break-even to calculate the fixed cost.

Break-even point = Fixed cost / Contribution margin ratio

$487,200 = Fixed cost / 25%

Fixed Cost = $487,200 x 25% = $121,800

Revised Fixed cost = $121,800 + $11,000 = $132,800

New Break-even point = $132,800 / 25% = $531,200

Desired profit = $135,000

Desired revenue = ( Desired profit + Fixed cost ) /Contribution margin ratio = ( $135,000 + 132,800 ) / 25% = 267,800 / 25% = $1,071,200

5 0

3 years ago

The Josey Company purchased equipment for $21,000 on October 1. It is estimated that annual depreciation on the computer will be

zimovet [89]

Answer:

Explanation:

4 0

3 years ago

The exercise price of the options is $100 per share, all options are European and the stock does not pay any dividend. The call

Ber [7]

Answer:

Stock Price is $98.70

Explanation:

given data

exercise price = $100 per share

call price = $25 per share

put price = $17 per share

mature time = 2 years

annual rate of interest = 5%

to find out

What is the stock price today

solution

we will use here Put Call Parity for find out Stock Price that is express as

C + $\frac{100}{(1+r)^t}$ = S + P .....................1

here C is call price and r is rate and t is time and S is Stock Price and P is put price so put all value in equation 1

C + $\frac{100}{(1+r)^t}$ = S + P

25 + $\frac{100}{(1+0.5)^2}$ = S + 17

solve it we get

P = $98.70

so Stock Price is $98.70

6 0

3 years ago

Max points can water be wet

Montano1993 [528]

No water can't be wet

8 0

3 years ago

Read 2 more answers

Joe's income is $500, the price of food (F) is $2 per unit, and the price of shelter (S) is $100. Which of the following represe

Shkiper50 [21]

Answer:

A) 500 = 2F + 100S.

Explanation:

A budget constraint represents all the combinations of goods and services that can be purchased by a consumer given price and income.

I hope my answer helps you.

4 0

3 years ago

Need help with a business question ​

Need help with a business question