<span>A corporate bond backed only by a company's promise to pay is called a debenture bond. There is no collateral offered and the parties are acting on faith and predictions in this transaction.</span>
Answer:
(a) $40
(b) $24,000
(c) 40%
Explanation:
Given that,
Selling price = $100 per unit
Variable costs = $60 per unit
Fixed costs = $2,500 per month
Contribution margin per unit:
= Selling price - Variable costs
= $100 per unit - $60 per unit
= $40
Total Contribution margin:
= Contribution margin per unit × No. of units sold
= $40 × 600 units
= $24,000
Contribution margin ratio:
= (Selling price - Variable costs) ÷ Selling price
= ($100 per unit - $60 per unit) ÷ $100 per unit
= 0.4 or 40 %
Answer:
The hockey FCI is $53.57 and the golf FCI is 45.12$.
Explanation:
The hockey FCI (HFCI) is $8.45 more expensive than the golf FIC (GFCI). You know that both FICs are in total: $98.69.
1- Subtract $8.45 from the total of $98.69: $90.24.
2- Split the remaining amount in half: $90.24/2: $45.12.
3- The HFCI is $45.12 + $8.45: $53.57.
The GFCI is $45.12.
If you add both FCIs you should get the total $98.69:
$53.57 + $45.12: $98.69$
The hockey FCI is $53.57 and the golf FCI is 45.12$.
I hope this answer helps you!
Answer:
D
Explanation:
with the tax you have to pay and the withdraw amount i would say that that woman will have a happy retierment and remodle her house
Answer:
Effect on net income=$328.22
Explanation:
DSO Formula is:
DSO=(Account Receivable/Credit sales)x365
Current DSO is:
DSO=(11500/100000)x365
DSO=41.975 days
In order to calculate the amount lowered we replace Account Receivable in DSO formula by X. DSO is 27 days
27=(X/100000)x365
X=$7397.26
Now:
Decrease in Account Receivable =$11500 - $7397.26=$4102.74
Effect on net income=$4102.74 * 8%
Effect on net income=$328.22
