I would choose A, it all depends where you open a savings account
Answer:
Benjamin put together a ad hoc committee
Explanation:
Answer:
A. 52% and $11 per unit
Explanation:
The contribution margin ratio is a measure of how much of a business revenue is available for covering its variable expenses. It also reveals how much is left to cover its fixed cost. The contribution margin is the unit income generated from each product sold. To calculate contribution margin ratio we divide contribution margin by sales. i.e
Contribution margin ratio = (contribution margin)/sales
Contribution margin = (sales - variable expenses)/sales
OR
contribution margin = (selling price - average variable cost)/ selling price
Since selling price is $21 and average variable cost is $10
contribution margin = (21 - 10)/21
= 11/21
=52.38% or 0.5238
Contribution margin = $21 - $10
= $11
thus, A. 52% and $11 per unit is the answer.
variable cost per unit also means average variable cost.
Answer:
Price of bond =1,143.18
Explanation:
<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).
</em>
Value of Bond = PV of interest + PV of RV
The value of bond for Wesimann Co can be worked out as follows:
Step 1
<em>PV of interest payments
</em>
Semi annul interest payment
= 7.8% × 1000 × 1/2
= 39
Semi-annual yield = 6.1%/2 = 3.05 % per six months
Total period to maturity (in months)
= (2 × 12) = 24 periods (Note it was sold 12 years ago)
PV of interest =
39 × (1- (1+0.0305)^(-24)/)
0.0305 = 656.94
Step 2
<em>PV of Redemption Value</em>
= 1,000 × (1.0305)^(-24)
= 486.237
Price of bond
= 656.94 +486.23 = 1,143.179
Price of bond =1,143.18
If the options are:
A) Straight-line method will fully depreciate the asset more quickly.
B) Double-declining-balance method will fully depreciate the asset more quickly.
C) Income taxes paid will be lower under the double-declining-balance method.
D) Losses on disposal will be lower under the straight-line method.
<span>E) None of the above
Answer: E.</span>
