Answer:
502
Explanation:
In this question, we are asked to calculate the number of additional shoes to be sold to cover a $25,000 investment in advertising whilst also maintaining current contribution to the company.
Firstly, we calculate the sum of variable expenses;
This is the sum of shoe boxes and shoes = 1,000 + 250,000 = 251,000
Now, we proceed to get the contribution margin.
Mathematically, contribution margin = Revenue - Total variable expenses = 500,000 - 249,000 = 251,000
The contribution margin per part can be calculated as ;
Contribution Margin/currently selling pairs of shoes= 249,000/5000 = 49.8
The additional parts to be sold = Investment in advertising/contribution margin per shoes
= 25,000/49.8
= 502
Answer: The standard deviation of the stock is 3.23 percentage
Explanation:
First we shall calculate the epected weighted average return of the stock.
We shall multiply the probability of the scenario with its expected return and then take the sum of the expected returns of different scenarios,
E(x) = (0.2 x 14%) + (0.7 x 8%) + (0.1 x 2%)
E(x) = 8.6%
We shall use the follwing formula to calculate the Variance of the stock,
σ²(x) = ∑ P() × [ - E(r)]²
σ²(x) = (0.2) (0.14 - 0.086)² + (0.7) (0.08 - 0.086)² + (0.1) (0.02 - 0.086)²
σ²(x) = 0.001044
To find the standar deviation,
σ(x) =
σ(x) = 0.0323109
in percentage it would be 3.23%
The Tax Cuts and Jobs Act changed the way tax is calculated.
For employees, withholding is the amount of federal income tax withheld from your paycheck. The amount of income tax your employer withholds from your regular pay depends on two things: The amount you earn. The information you give your employer on Form W–4.
When there is an accident on the road so you take another road in order to avoid being stuck in a traffic jam. You would also experience bypass with potholes or items on the road that you circle around in order to avoid it