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grandymaker [24]
3 years ago
11

Dorian company produces and sells a single product. the product sells for $60 per unit and has a contribution margin ratio of 40

%. the company's monthly fixed expenses are $28,800. of dorian company desires a monthly net operating income equal to 10% of sales, monthly sales will have to be:
Business
1 answer:
Rudik [331]3 years ago
3 0
<span>Contribution margin ratio is 40% or $24 per unit Fixed expenses are $28,800 Variable expense per unit is $36 Assuming Q is quantity, sales needed to achieve monthly net equal to 10% of sales is Sales = Variable expenses + Fixed expenses + profit $60Q = $36Q + $28,800 + ($60Q x 10%) $18Q = $28,800 Q = 1600 units Monthly sales will have to be 1600 x $60 = $96,000</span>
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marin [14]

Answer:

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8 0
1 year ago
You purchased a share of SPCC for $100 and expect to receive a dividend of $5 in one year. If you expect the price after the div
Elenna [48]

Answer:

The answer is 15%

Explanation:

(P1 - Po) / Po + D

Where P1 is the price of the share at the end of the year

Po is the price of the share at the beginning of the year

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Po is $100

And Dividend is 5%

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$10/100 + 5%

10% + 5%

= 15%

The total return will you have earned over the year for the purchase of a share of SPCC is 15%

3 0
3 years ago
River rock, inc. just paid an annual dividend of $2.80. the company has increased its dividend by 2.5 percent a year for the pas
ohaa [14]
The answer to this should be 24.65.
I could be wrong but I think you are suppose to add.

Hope this helped :)
Have a great day
8 0
3 years ago
Which of the following best describes a project stakeholder
Brilliant_brown [7]
Project Stakeholders can be entities that have an interest in a given project. 
3 0
2 years ago
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Leokris [45]
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4 0
3 years ago
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