Answer:
47.4%
Explanation:
A. Expected golfers
440,000
B Revenue (440,000 × $84)
$36,960,000
C. Variable cost (440,000 × $17)
$7,480,000
D = B - C Contribution margin
$29,480,000
E Fixed cost
$20,000,000
F = D - E Profit
$9,480,000
G Assets
H = F/G × 100 Return on assets
47.4%
Answer:
$79,600
Explanation:
Calculation for what the total amount of direct manufacturing cost incurred will be :
Direct material $50,400
(8,000 x $6.30)
Add Direct labor $29,200
(8,000 x $3.65)
Total Direct cost $79,600
Therefore the total amount of direct manufacturing cost incurred is closest to: $76,600
Answer:
Last paragraph
Explanation:
Finally, Jeremey has also divided the problem into smaller parts, such as production costs, overheads, downtime expense, repair expenditure, and so on.
a fallacious argument would be one that is based on fallacies or disagreements
Answer:
58.81% annual
or 3.93% monthly
Explanation:
Using a financial calculator, we can determine the internal rate of return of this investment. The initial outlay is -$110,000, and the 60 $4,800 cash flows follow. The IRR is 3.93 per month. In order to determine the effective annual rate, we can use the following formula:
effective annual rate = (1 + 3.93%)¹² - 1 = 58.81%
