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SIZIF [17.4K]
3 years ago
15

Molson-Coors Brewing Company (TAP) reported the following operating information for a recent year (in millions):

Business
1 answer:
Dahasolnce [82]3 years ago
7 0

Answer:

1)Break Even Sales Volume in Units=105.789067 million barrels

2))Break Even Sales Volume in Units=114.0512569 million barrels

Explanation:

Break Even Sales Volume in Units= Fixed Costs/ Contribution Margin per unit

<em>Given</em>

<em>Molson-Coors</em>

<em> All figures in millions</em>

Sales $3,568

Cost of goods sold (2,164)

Gross profit $1,404

Marketing, general, and admin. expenses (1,052)

Operating income $352

<em>Molson-Coors</em>

<em>         All figures in millions</em>

Sales $3,568

Variable Cost of goods sold (2,164)*70%=  (15,14.8)

Variable Marketing, general, and admin. expenses (1,052) *40%=  (600.8)

Contribution Margin $1,452.4

Fixed Cost of Goods Sold 649.2

Marketing, general, and admin. expenses (1,052) *60%= $ 631.2

Operating income $172

Break Even Sales Volume in Units= Fixed Costs/ Contribution Margin per unit

<em><u>When Fixed Costs are not increased in the current year.</u></em>

Break Even Sales Volume in Units= 649.2+631.2/12.1033 (millions)

1)Break Even Sales Volume in Units=105.789067 millions barrels

<em><u>When Fixed Costs are increased in the following year.</u></em>

Break Even Sales Volume in Units= 649.2+631.2+ 100/12.1033 (milions)

2))Break Even Sales Volume in Units=114.0512569 millions barrels

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Answer:

A. Specific Purpose

Explanation:

This is 101 for anyone who wants to write an effective speech, knowing what you want to accomplish and what you want the audience to do by the end of your speech is the idea behind this.

8 0
3 years ago
Davy Company had a beginning work in process inventory balance of $32,000. During the year, $54,500 of direct materials was plac
daser333 [38]

Answer:

Option (b) is correct.

Explanation:

Given that,

Beginning work in process inventory balance  = $32,000

Direct materials was placed into production = $54,500

Direct labor = $63,400

Actual manufacturing overhead = $86,500

Jobs costing completed during the year = $225,000

Ending work in process inventory balance:

= Beginning work in process inventory balance + Direct materials was placed into production + Direct labor + Actual manufacturing overhead - Jobs costing completed during the year

= $32,000 + $54,500 + $63,400 + $86,500 - $225,000

= $11,400

8 0
3 years ago
Assume you are saving $1,000 by depositing into a bank CD account with one year until maturity. The interest rate on your deposi
mina [271]

The amount of money that I would have in the bank account at the end of one year is $1,100.

The real interest rate I would expect to earn on the deposit is 6%.

If I am saving for a gaming computer, at the end of next year I would have enough money.

<h3>What is the value of the money by next year?</h3>

The formula that can be used to determine the money in my bank account next year is:

FV = P (1 + r)^n

Where:

FV = Future value

P = Present value

R = interest rate

N = number of years

1000 x (1.1)^1 = $1,100

<h3>What is the real interest rate?</h3>

The real interest rate is the nominal interest rate less inflation rate.

The real interest rate = 10% - 4% = 6%

To learn more about future value, please check: brainly.com/question/18760477

7 0
2 years ago
Which of these statements is false? A company comparison should not be made with industry averages if the company does not clear
ValentinkaMS [17]

Answer:

A company comparison should not be made with industry averages if the company does not clearly fit into any one industry.

Explanation:

In Business management, it is important to note that many companies will not clearly fit into any one industry.

Hence, when using industry averages, it is often necessary to use an industry that the firm best fits rather than randomly picking up any industry. Additionally, the analysis of an organization's financial statements would be more meaningful if the results are compared with industry averages and with results of competitors.

Any financial service sought after, should use its best judgment by analyzing and identifying which industry the firm best fits.

5 0
3 years ago
The market capitalization of this company is $140 million, it's beta is 0.75, the risk free rate is 2% and the market risk premi
tiny-mole [99]

Answer:

Ans. The cost of equity capital is 6.5 (6.5%)

Explanation:

Hi, all we need to do is fill the following equation with the data from the problem.

r(e)=rf+beta*(MRP)

Where:

rf = Risk free rate (in our case, 2%)

MRP = market risk premium (in our case, 6%)

r(e) = Cost of equity capital

Therefore, this is what we get.

r(e)=0.02+0.75*0.06=0.065

So the cost of equity capital is 6.5% or 6.5 as the problem suggests to answer.

Best of luck.

5 0
3 years ago
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