Answer:
57.14%
Explanation:
Missing word <em>"25 percent."</em>
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Gain on the stock = (150*$80) - $10,500
Gain on the stock = $
12,000 - $10,500
Gain on the stock = $1,500
If Margin requirement is 25%, The Margin = 10,500*25% = $2,625
Return on Investment = $1,500/$2,625 * 100 = 0.571429 * 100 = 57.1429% = 57.14%
Answer:
Chartered Accountant or Certified public accountant.
Explanation:
Chartered accountant is a designation or degree provided to the Accounting professional across the world except in United states, they have another equivalent designation of Certified public accountant. This designation required knowledge on accounting, tax, auditing, etc. They need to qualify in a rigorous accounting examination. As a professional their responsibility is to create financial statement, filling or helping company to file or calculate tax and providing financial advice.
Answer:
The entrepreneur should start the new business.
Explanation:
The reason is that the total cost of the competitor is at $8 which includes $7 variable cost per unit and $1 fixed cost. Whereas on the other hand, the total cost $6 of the new business is composed $5 and $1 assumed fixed cost because the only cost we are provided is variable cost. This shows that the company has a competitve advantage of $1 in controlling the cost of the product. So the company must start the new business as the new business has better chances to attract customers and form relations with new customers depending upon the price differences which the competitor is unable to do so.
Answer:
Materials handling Allocation= $27.5
Explanation:
Giving the following information:
Each chair consists of 10 separate parts totaling $165 direct materials and requires 5.0 hours of machine time to produce.
Materials handling= $2.75 per part
Machining= $5.00 per machine hour
Assembling= $1.50 per part
Packaging= $3.75 per finished unit
Material Handling allocation base is: Number of parts.
Allocation= 10 parts* $2.75= $27.5
