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photoshop1234 [79]
2 years ago
7

Blossom Machine Works produces soft serve ice cream freezers. The freezers sell for $17,000, and variable costs total $12,800 pe

r unit. Blossom incurs $13,490,000 in fixed costs during the year. The company’s tax rate is 30%. How many freezers must Blossom sell to generate net income of $7,528,000?
Business
1 answer:
sdas [7]2 years ago
8 0

Answer:

5005 freezers

Explanation:

Sales 17,000

Variable Cost per unit 12,800

Contribution per unit 4,200

Fixed Cost 1,3490,000

Desired Profit 7,528,000

Sale for Desired profit = ( Desired profit + Fixed Cost ) / contribution per unit = ( 7528000 + 13490000 ) / 42001 = 5005 units

It is assumed that the price is exclusive of tax. So tax is not being dealt in this solution.

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What is protectionism and why would a country base trade policy on it? Explain at least two reasons.
Anton [14]
Protectionism is a government or economic policy that does not allow foreign or international trade through methods and variety of government regulations outlined to promote fair competition with the goods and services made domestically. Business and workers were protected within a country through regulating or obstructing trade with different countries.

<span>A country should base trade policy for two reasons. 1.) It protects local businesses and jobs.  2.) It promotes fair competition on the local goods and services.</span>


3 0
3 years ago
At the end of a recent​ year, Anderson Cleaning​ Service, a​ full-service house and office cleaning​ service, had total assets o
marysya [2.9K]

Answer:

Anderson Cleaning​ Service's liabilities were $2,160

Explanation:

Basing on accounting equation:

Total asset = Liabilities + Owner's (or Stockholders') Equity

Liabilities = Total asset - Owner's (or Stockholders') Equity

At the end of a recent​ year, Anderson Cleaning​ Service had total assets of $5,810 and equity of $3,650

Anderson Cleaning​ Service's liabilities = Total asset - Equity  = $5,810 - $3,650 = $2,160

7 0
2 years ago
The common stock of the C.A.L.L. Corporation has been trading in a narrow range around $95 per share for months, and you believe
miv72 [106K]

Answer:

The price of 3 months call option on stock is 8.03.

Explanation:

Acording to the details we have the following:

P = Price of 3-months put option is $6

So = Current price is $95

X = Exrecise price is $95

r = Risk free interest rate is 9%

T = Time is 3 months=1/4

C=Price of call option?

Hence, to calculate what must be the price of a 3-month call option on C.A.L.L. stock at an exercise price of $95 if it is at the money, we have to use the formula from put-call parity.

C=P+So-<u>     X    </u>

                (1+r)∧T

C=$6+$95-  ( <u>$95      )</u>

                     (1+0.09)∧1/4

C=$6+$95-$92.97

C=8.03

The price of 3 months call option on stock is 8.03

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3 years ago
Once I click the link to go the quiz I have one hour to complete it before I get kicked out of the page. It is due tonight befor
Ratling [72]
That kinda sucks. how’s it going for you
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3 years ago
What are some ergonomic considerations for auditors?
Leya [2.2K]

Some ergonomic considerations for auditors include safety, comfort, efficiency in performance, and efficiency in productivity to name a few.

<h3>Who is an auditor?</h3>

A professional who is involved in the scrutiny of the financial statements and records of an organization and the one who is responsible for verification of actual transactions with business records, is an auditor.

Hence, the significance of an auditor is aforementioned.

Learn more about an auditor here:

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6 0
1 year ago
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