It’s c I had this problem a week ago
Answer:
0.1 / acre or 1 / 10 acres
Explanation:
The density of an animal in a given area is given by the number of animals per unit of area.
In this case, we want to know the density of the mule deer in 1923 (100,000) divided by the total area of the Grand Canyon National forest Reserve (1,000,000 acres).
So, we'll simply divide 100,000 by 1,000,000 to get:
D = 100,000 / 1,000,000 = 0.1
The density of the mule deer within the Grand Canyon National forest Reserve is of 0.1 / acre or 1 / 10 acres
<span>Lin Corporation has a single product whose selling price is $120 and whose variable expense is $80 per unit. The company’s monthly fixed expense is $50,000
1. Using the equation method, solve for the unit sales that are required to earn a target profit of $10,000
Sales = Variable expenses + Fixed expenses + Profit
$120Q = $80Q + $50,000 + $10000
$40Q = $60000
Q = $60,000 /$40
Q =1500 Units
2. Using the format method, solve for the unit sales that are required to earn a target profit of $15,000
Sales = 50000+15000/120-80 = 1625 units.
Mauro Products distributes a single product, a woven basket whose selling prices are $15 and whose variable expense is $12 per unit. The company’s monthly fixed expense is $4,200.
1. Solve for the company’s breakeven point in unit sales using the equation method.
Sales = Variable expenses + Fixed expenses + Profit
$15Q = $12Q + $4,200 + $0
$3Q = $4200
Q = $4200 /$3
Q =1400 Units
2. Solve for the companies breakeven point in sales dollars using the equation method and the CM ratio.
X = 0.8X + 4,200 + $0
0.2X = $4200
X = $4200 / 0.2
X = $21,000
CM ratio method
BEP = fixed cost /Sales-Variable cost /Sales = 4200/15-12/15 = $21000
3. Solve for the company’s breakeven point in unit sales using the format method
4200/15-12 = 1400 units.
4. Solve for the company’s breakeven point in sales dollars using the format method and the cm ration.
BEP = fixed cost /1-Variable cost / Selling price = 4200/1-12/15 = $21000
CM ratio method
BEP = fixed cost /Sales-Variable cost /Sales = 4200/15-12/15 = $21000</span>
Answer:
6.73%
Explanation:
the price of the bond in seven years is:
PV = $1,000 / (1 + 5.50%)¹⁰ = $585.43
PV of coupon payments = $64.50 x 7.538 (PVIFA, 5.5%, 10 years) = $486.20
market price = $1,071.63
using an excel spreadsheet of financial calculator, the annual rate of return:
year 0 = -1030.04
year 1 = 64.5
year 2 = 64.5
year 3 = 64.5
year 4 = 64.5
year 5 = 64.5
year 6 = 64.5
year 7 = 1136.13
IRR = 6.73%
