Answer:
The correct answer is $302.40.
Explanation:
According to the scenario, the computation can be done as:
To calculate firms' earning first we less cost of goods and total operating expenses from sales revenue:
= $3,060 - $1,800 - 600
= $660
Now we deduct the interest expense, then
= $660 - $126
= $534
Now we deduct tax rate, then
= $534 × $213.60 ( $534× 40%)
= $320.40
Now we finally deduct the dividends to get the firm's earning to common shareholder's, then
= $320.40 - 18
= $302.40
Hence, the firm's earning to common shareholder's is $302.40.
Answer:
C. Often pay a lower interest rate during the first few years.
Explanation:
I just took the quiz and got it right.
Answer:
$0.215
Explanation:
The computation of the cost per item in Group 1 is shown below:-
Candy amount paid = $3,100
Item received = 7,100
For Group 1
Sale value = Group 1 units × Selling price
= 2,110 × $0.15
= $316.5
For Group 2
Sale value = Group 2 units × Selling price
= 4,720 × $0.35
= $1,652
For Group 3
Sale value = Group 3 units × Selling price
= 270 × $0.71
= $191.7
= Total sale value = $316.5 + $1,652 + $191.7
= $2,160.2
So, Sale percentage for Group 1 = $316.5 ÷ $2,160.2
= 14.65%
Now, the proportion of cost for Group 1
= $3,100 × 14.65%
= 454.15
Cost per unit = Proportion cost ÷ Group 1 units
= $454.15 ÷ 2,110
= $0.215
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