Toco Tuesday don’t care what your friends say
Answer:
Database Management System
Explanation:
The DMS is a software that is used for improving data sharing, provision of security by limiting access of data to authorized people, integration of the data with other systems and many more. This provides a greater access and control of data to the user of this software.
Answer:
9,400 units
Explanation:
The breakeven point is the number of units that must be sold for the company to make neither a loss nor a profit. A target profit is the net of the sales less the sum of the fixed and variable expenses. The contribution margin is the difference between the sales and variable cost.
Sales per unit = $210,000/7000 = $30
Variable cost per unit = $136,500/7000 = $19.50
Let the number of units to be sold to achieve the profit target be x
30x - 19.5x - 67200 = 31500
10.5x = 98700
x = 98700/10.5
x = 9,400 units
B. 12.30%, 7.38%
Explanation:
Cost of debt - the return that a company provides to its debt-holders and creditors
PV = present value = current value of future cash flow
FV = future value
CF = cash flow
R = payment
r = rate of interest
n = number of payments
Cash flows from the firm’s point of view over the maturity of the bond
= 980
= - 120
= - 1000
Before Tax
Net proceeds =
Cash Flows = CF = - 120
n = 15
FV = - 1000
r = 12.30%
After Tax
After-Tax Cost of Debt = Before-Tax Cost of Debt × (1 – Tax Rate)
40%
= 12.30 (1 - 0.4)
= 7.38%
Answer:
E
Explanation:
Since the annual coupon, that is the discount enjoyed on this service is higher for A than B that is 9% against 7%. Bond A's capital gains yield is greater than Bond B's capital gains yield.