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morpeh [17]
3 years ago
10

Determinant Company is a price − taker and uses a target − pricing approach. Refer to the following information: Production volu

me 600,000 units per year Market price $34 per unit Desired operating income 15% of total assets Total assets $13,900,000 What is the target full product cost in total for the year? Assume all units produced are sold.
Business
1 answer:
Drupady [299]3 years ago
3 0

Answer:

$18,315,000

Explanation:

Total Income :

= 15% of Total assets

= $13,900,000 × 15%

= $2,085,000

Total Sales :

= Market price × Production volume

= $34 × 600,000

= $20,400,000

So, Target full product cost in total for the year :

=  Total Sales - Total Income

= $20,400,000 - $2,085,000

= $18,315,000

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Hinck Corporation reported net cash provided by operating activities of $361,200, net cash used by investing activities of $150,
PolarNik [594]

Answer:

$28,300

Explanation:

Missing word: "<em>Calculate free cash flow."</em>

<em />

Free cash flow = Operating cash flow - Capital expenditures - Dividends

Free cash flow = $361,200 - $206,000 - $126,900

Free cash flow = $28,300

So, the Free cash flow of Hinck Corporation is $28,300.

6 0
3 years ago
A portfolio manager has a large position in the preferred stock of XYZ Corporation. The manager is concerned that market interes
Ksivusya [100]

Answer:

To hedge the preferred stock position, the manager should: Buy tyx calls

Explanation:

When market interest rate rise preferred stock drop. To hedge using interest rate index option, <em>the contract must offer an offsetting profit during a period of rising interest rates. Therefore buy TYX calls. </em>These will continue to give ever increasing profit as market interest rate continue to rise. And it will offset the ever increasing loss that would be incurred on the XYZ preferred stock position as the market interest rate continues rising.

The hedge is that Any loss on preferred stock position would be offset by corresponding gain on the long interest rate index call position.

5 0
3 years ago
Pretty Lady Cosmetic Products has an average production process time of 40 days. Finished goods are kept on hand for an average
Yuki888 [10]

Based on the production process time, the days finished goods are kept on hand and others, the operating cycle would be 50 days.  

<h3>What is the operating cycle?
</h3>

The operating cycle can be found as:

= Average production time + Finished goods holding period + Accounts receivable outstanding period - Days of credit

Solving gives:

= 40 + 15 + 35 - 40

= 50 days

Find out more on operating cycle at brainly.com/question/26482515.

6 0
2 years ago
What is an example of a health hazard? moldy floorboards
il63 [147K]
Health hazards are hazards that are health related, not safety hazard! Loose railings, hot water, and blocked doorways are safety hazards, but they aren't bad for your health.  Moldy floorboards could be hazardous towards your health, so that's your answer!
8 0
3 years ago
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Rashid [163]

Answer:

3- Device Types

4- Location

Explanation:

These 2 settings can help Marta in targeting the specific audience she wants to.

  1. Location Settings allows your campaign to reach the location of your choice, where Marta feels that the most relevant audience belongs.  For example, if she feels that her customers mainly belong to Houston, so she could specify her campaign to Houston to save money instead of running the campaign in every part of the country.
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