Answer:
a. Profit margin = Income from operations / Sales
Profit margin = $73,745/$1,053,500
Profit margin = 0.07
Profit margin = 7%
b. Investment turnover = Sales/Invested assets
Investment turnover = $1,053,500/$245,000
Investment turnover = 4.3 times
c. Rate of return on investment = Profit margin * Investment turnover
Rate of return on investment = 7% * 4.3
Rate of return on investment = 30.10%
Answer:
it will pay an amount of $21107986.18
Explanation:
firstly we will be using the present value annuity formula to calculate how much will the first payment be for the annuity as there will be 30 annual payments of the lotto amount so :
Given $365000000 which is the present value of the annuity Pv.
Interest that will be gained from saving the money which is 4% per annual (i)
now we also have 30 annual payments which is our n
we are looking to find C the monthly payments .
we will now substitute these values to the formula which follows and solve for C:
Pv = C[(1-(1+i)^-n)/i]
365000000 = C[(1-(1+4%)^-30)/4%] then we divide both sides with what multiplies C
$365000000/ [(1-(1+4%)^-30)/4%] = C
$21107986.18 = C
This is the first payment that the power ball winner will get.
Answer:
The price of the product is $59
Explanation:
Contribution margin is the net of the selling price and variable cost per unit. Contribution margin ratio is the ratio of contribution per unit to selling price per unit. As given below
Contribution margin ratio = Contribution margin per unit / Selling price per unit
23% = $13.57 / Selling price per unit
Selling price per unit = $13.57 / 23% = $59
The need that the electronic pencil fill is the need to erase errors associated with what has been written down digitally.
<h3>What is the potential market for the product?</h3>
The potential market for electronic pencil is the global digital pen market and the global market as a whole.
<h3>What type of consumer good is electronic pencil product?</h3>
The type of consumer good of electronic pencil product is Specialty products.
<h3> How will you distribute the product?</h3>
One can distribute the product via online platforms such as social media, online stores and marketplace, etc.
<h3> What are the other questions that need to be answered before a decision is made?</h3>
- The lifespan of the product.
- Does it have effect to the human skin
- Is it feasible.
Learn more about electronic pencil from
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Answer:
LIFO
Explanation:
It will be the one that give higher Cost of goods sold. We also know that:
Cost of goods sold = Opening Inventory + Inventory Purchases - Closing Inventory
So this means the lower the closing inventory the higher the cost of goods sold and in time of price increases it will be more appropriate to use LIFO method which will reduce the Closing Inventory and this will increase the cost of goods sold and thus decrease in profit. This reduced profit means that the tax expense will also be lower in value.
Similarly the second attractive option will be the Weighted Average and the least attractive option would be FIFO costing method.
