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3 years ago

The viability and relevancy of insurance products sold to businesses and individual

1 answer:

4 0

<span>The viability and relevancy of insurance products is used to protect your business in case if you specialized on manufacturing unusual products and provides maintain stability of your production.</span>

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How much would Vincent have in his account after three years if he started with $100 and earns 5% compounding annually?

Elina [12.6K]

Vincent will have 115.76

6 0

4 years ago

Connolly Company produces two types of lamps, classic and fancy, with unit contribution margins of $13 and $21, respectively. Ea

Usimov [2.4K]

Answer:

$42

Explanation:

Data provided as per the requirement of contribution margin per hour of machine time is here below:-

Unit Contribution Margin = $21

Machine Time required by fancy lamp = 0.50 hours

The computation of contribution margin per hour of machine time is shown below:-

Contribution Margin Per Hour of machine time = Unit Contribution Margin ÷ Machine Time required by fancy lamp

= $21 ÷ 0.50 hours

= $42

Therefore for computing the contribution margin per hour of machine time we simply divide the unit contribution margin by machine time required by fancy lamb.

7 0

3 years ago

Gonzales Corporation generated free cash flow of $86 million this year. For the next two years, the company's free cash flow is

Viktor [21]

Answer:

$12.49

Explanation:

The computation of the expected current price is shown below:

But before that first we have to determine the current firm value which is

Current firm value = ($86 million ×1.10^1) ÷ 1.11^1 + ($86 million × 1.10^2) ÷ 1.11^2 + {($86 million × 1.10^2 × 1.04) ÷ (0.11 - 0.04)} ÷ 1.11^2

= $1,424.48 million

Now

Expected current share price is

= ($1,424.48 - $275 million + $100 million) ÷ 100 million shares outstanding

= $12.49

7 0

3 years ago

Main Street Ice Cream Company uses a plantwide allocation method to allocate overhead based on direct labor-hours at a rate of $

attashe74 [19]

Answer:

$1,702 , $1,497, and $1,957

Explanation:

The computation of the total cost is shown below:

Particulars Strawberry Vanilla Chocolate

Direct Labor $766 $841 $1,141

Direct Material $816 $516 $616

Overhead $120 $140 $200

(60 × 2) (70 × 2) (100 ×2)

Total Cost $1,702 $1,497 $1,957

We simply added the direct labor cost, direct material cost and the overhead cost so that the total cost could come

8 0

3 years ago

Skidmore Music Company had the following transactions in March:

finlep [7]

Answer: Check attachment

Explanation:

A cash basis income statement is simply referred to as an income statement which contains revenues and expenditures for the company whereby cash has either being received or paid by the company.

For accrual basis income statement, revenue and expenditures are recorded when they're either earned or made.

Check the attachment for more analysis.

5 0

3 years ago