Explanation:
Breakeven=fixed cost/selling price - variable cost
so 14,300000/380-250
14,300000/130 = 110,000 units to be able to make break even
Answer:
Regarding to Claim to income, the correct answer would be C-Bottom
Explanation:
Shareholders can be preferred or common and they have differents claims to income. Generally, preferred stock will be given preference in assets to common assets in case of company liquidation, nonetheless both will fall behind bondholders if asset distribution happen. If bankruptcy happen, common stock investors will receive any remaining funds after bondholders, then creditors and preferred stockholders are paid. That's why these investors often receive nothing after a bankruptcy. Preferred stock also has the first right to receive dividends. In general, common stock shareholders will not receive dividends until it is paid out to preferred shareholders, and that happen because they are at the bottom of the pyramid.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
A lottery ticket states that you will receive $250 every year for the next ten years.
A) i=0.06 ordinary annuity
PV= FV/(1+i)^n
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {250*[(1.06^10)-1]}/0.06= $3,295.20
PV= 3,295.20/1.06^10=1,840.02
B) i=0.06 annuity due (beginning of the year)
FV= 3,295.20 + [(250*1.06^10)-1]= $3492.91
PV= 3492.91/1.06^10= $1,950.42
C) The interest gets compounded for one more period in an annuity due.
Answer:
D. Interpretation: The zeros are where the daily profit is $0.00
zeros: x = 3.586 and x = 6.414
Explanation:
We have been given the following daily profit function;
where y is the profit (in hundreds of dollars) of a taco food truck
and x the price of a taco (in dollars)
The zeros of this profit function can be obtained by solving for x in the following equation;
These will simply be the x-intercepts of the profit function. That is the points where the profit function crosses or intersects the x-axis.
Therefore, an interpretation of the zeros of this function would be;
The zeros are where the daily profit is $0.00
These zeros can be evaluated graphically. We first obtain the graph of the profit function as shown in the attachment below;
We then determine the x values where the graph crosses the x-axis. These values will represent the zeros of our profit function. From the graph, these points are;
x = 3.586 and x = 6.414
