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timurjin [86]
3 years ago
15

A work-at-home opportunity is available in which you will receive 2 percent of the sales for customers you refer to the company.

The cost of your ""franchise fee"" is $710. How much would your customers have to buy to cover the cost of this fee? (Round your answer to the nearest whole dollar.)
Business
1 answer:
djyliett [7]3 years ago
7 0

Answer:

The answer is $35500

Explanation:

We need to collect $710 from the sales of the customers referred by us to cover the franchise fee. But we only make 2% of whatever they spend. If we equate 710 to 2% and solve for 100% we will know what is the total dollar amount they need to spend:

1.   This can be solved using a rule of three:

2% = $710

100% = ?

100 * 710 / 2 = 35500

2.   Or, It can also be solved writing it down as an equation and knowing that 2% also means 2 parts of 100 or 2/100 = .02

  • 710 = .02*Sales

Solve for Sales:

  • Sales = 710/.02 = 35500

There is no need to round to the nearest whole dollar because the result is already in whole dollars, it does not have any cents.

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You buy a share of The Ludwig Corporation stock for $21.70. You expect it to pay dividends of $1.00, $1.16, and $1.3456 in Years
Vesnalui [34]

Answer:

g = 16%

dividends yield:

Year 1 4.60%

Year 3: 4.78%

<u>expected rate of return: </u>

year 1 20.6%

year 3 20.78%

<u></u>

Explanation:

<u>grow rate:</u>

D1 /D0 = g

1.16/1.00 - 1 = 0.16

1.3456/1.16 - 1 = 0.16

the grow rate is 16%

<u>dividend yield:</u>

dividends/stock price =  dividend yield

1/21.7 = 0,0460 = 4.60%

1.3456/28.15 = 0,04780 = 4.78%

<u>expected rate of return: </u>

dividend yield + grow rate

4.60% + 16% = 20.6%

4.78% + 16% = 20.78%

8 0
3 years ago
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AlekseyPX
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2 years ago
Your company has completed an audience analysis for the manual you are writing for users of a new accounting system. The manual
tresset_1 [31]

Answer:

A

Explanation:

For an accounting manual, if your audience has different background of education then you need to keep different section for different audience. The thing is, if you write it for highest level then bookkeepers will have difficulty in understanding it. If you write for lower level, then it will be useless for higher level of audience.

So the manual should include different section for different audience.  

7 0
3 years ago
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London corp. issued 1,000 shares of stock for $20 per share. what are the effects of this transaction?
Anarel [89]

Based on the fact that London Corp, issued 1,000 shares at $20 per share, the effects of this transaction are:

  • Increase in cash
  • Increase in common stock

<h3>What happens when stock is issued?</h3>

When stock is issued newly, the stock will be sold for cash which in this case is;

= 1,000 x 20

= $20,000

This means that cash in the company has increased.

Something else that will increase is the common stock. This is the account where the value of the issued stock will go to.

Find out more on stock issuance at brainly.com/question/25562729

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8 0
1 year ago
Even Better Products has come out with a new and improved product. As a result, the firm projects an ROE of 20%, and it will mai
Tamiku [17]

Answer:

Price = $40

P/E ratio = 10 times

Explanation:

The formula to compute the price earning ratio is shown below:

Price-earnings ratio = (Market price per share) ÷ (Earning per share)

where,

Market price per share = Next year dividend ÷ (Required rate of return - growth rate)

Next year dividend equal to

= Earnings × (1 - plow back ratio)

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= $2.8

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And, the required rate of return is 13%

So, the market price per share would be

= 2.8% ÷ (13% - 6%)

= $40

Now the price earning ratio would be

= $40 ÷ $4

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3 years ago
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