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Evgen [1.6K]
2 years ago
6

Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.5

0 each, and the variable cost to manufacture them was $2.25 per unit. The company needed to sell 20,000 shirts to break-even. The after tax net income last year was $5,040. Donnelly's expectations for the coming year include the following: (CMA adapted) The sales price of the T-shirts will be $10. Variable cost to manufacture will increase by one-third. Fixed costs will increase by 10%. The income tax rate of 40% will be unchanged. Based on a $10 selling price per unit and if Dorcan Corporation wishes to earn $37,800 in after tax net income for the coming year, the company's sales volume in dollars must be: Multiple Choice $213,750. $257,625. $207,000. $255,000.
Business
1 answer:
solong [7]2 years ago
5 0
The answer is D because you have to first divide and then multiply your total by the answer answer that you have and keep doing the same pattern until your answer is even
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Answer:

O will increase and output and price level will increase as well.

Explanation:

If workers are more educated, the productivity of the country will increase, increasing total output. As investment in training increases, so thus the workers' capacity to perform more efficiently. Also, when the demand for better (or more) trained workers increases, the salary level will also increase. As workers gain training and/or experience, their salaries increase, e.g. on average, a person with a college degree earns much more than someone with just a high school degree. This increase in the level of salaries will lead to an increase in the general price level.

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2 years ago
A stock has an expected return of 13.5 percent, its beta is 1.40, and the expected return on the market is 11.5 percent. What mu
uranmaximum [27]

Answer:

The risk free rate is 6.50%

Explanation:

The required rate of return is the minimum return that investors demand/expect on a stock based on the systematic risk of the stock as given by the beta. The expected or required rate of return on a stock can be calculated using the CAPM equation.

The equation is,

r = rRF + Beta * (rM - rRF)

Where,

  • rRF is the risk free rate
  • rM is the return on market

As we know the figures for r, Beta and rM, we will input these figures in the equation to calculate risk free rate.

Let risk free rate be x.

0.135 = x + 1.4 * (0.115 - x)

0.135 = x + 0.161 - 1.4x

0.135 - 0.161  =  x - 1.4x

-0.026  =  -0.4x

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x =  0.065 or 6.50%

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6 0
2 years ago
Inez has a specific set of plans to build a sailboat. the plans are detailed in nature, and any boat builder can build the boat.
navik [9.2K]
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2 years ago
The graph shows the supply and demand curves for a certain product, which
nadya68 [22]

Answer:

A. The current selling price for the product is too low.

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The ideal market price should be $400.  This is the equilibrium point where demand matches supply. At the price of $400, buyers and suppliers will be happy to trade a quantity of 4000 units.

The prevailing price of $300 is too low. Suppliers should raise the price to the price $400 mark.

5 0
2 years ago
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The following is a partially completed lower section of a departmental expense allocation spreadsheet for Brickland. It reports
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a. $6,400.

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3 0
3 years ago
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