-5x - 25 = -8x + 10 (-10)
-5x -35 = -8x (+5)
35 = -3x (divide by -3x)
x = 11.6
Answer:
Target cost is $13.60
Explanation:
Target cost is the competitive market minus the desired profit amount.In other words,the firm first of all establishes the market price which is acceptable to consumers,then deduct its desired profit in order to arrive at the target cost.
In the scenario,the competitive market price is $15
desired profit margin=required rate of return on investment*amount invested/planned number of calculators
required rate of return is 12%
amount invested is $6,020,000
planned number of calculators is 516,000
desired profit margin=12%*$6,020,000/516,000=$1.4
target cost=$15-$1.4=$13.6
Answer:
$1,815,000
Explanation:
First we must determine the gross income = $2,000 x 10 units x 12 months = $240,000
minus the vacancy rate = $240,000 x 5% = $12,000
minus the annual expense = $10,200
net income = $240,000 - $12,000 - $10,200 = $217,800
to calculate the maximum amount that the investor should pay we must divide the net income by the expected rate of return = $217,800 / 12% = $1,815,000
When you are calculating a project's price (buying this asset is an investment project), depreciation and debt service are not included in the calculations.
If ABC purchased $500 of merchandise on account. ABC's journal entry to record this transaction includes a:
Debit to Inventory of $500
Credit to Accounts Payable of $500.
Based on the information given if the company purchased merchandise of the amount of $500 on account, the appropriate journal entry to record this transaction is:
ABC journal entry
Debit to Inventory of $500
Credit to Accounts Payable of $500
(To record merchandise on account)
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Answer:
B) 0.57%, 1.08%
Explanation:
The computations are shown below:
Dividend yield = (Annual yield) ÷ (market price) × 100
where,
Market price = $94 per share
Annual dividend = $0.53 per share
So, the dividend yield = ($0.53 per share ÷ $94 per share) × 100
= 0.57%
Capital gain yield = (Market price - purchase price) ÷ (purchase price) × 100
= ($94 - $93) ÷ ($93) × 100
= 1.08%