Answer: 3200 tonnes
Explanation:
Rice production in 2001 = 1000 tonnes, which represented a 25% of total food gain in 2001.
Total food grain production in 2001
= 1000 × 100 / 25
= 4000 tonnes
In 2002 production of rice decreased by 4%
= 1000 - 1000 × 4 ÷ 100
= 960 tonnes
Total food grain production in 2002
= 3200 tonnes
Answer:
Explanation:
It means that there must be a huge number of people that have little or nothing.
The most recent estimate of America's population is 331,000,000 roughly
1% of the population is 331,000,000 * 1/100 = 3,310,000
So that means that 3 million people own 33% of 14 trillion in property alone. These numbers are really hard to imagine.
1 trillion has 12 zeros behind it
so 14 trillion has 12 zeros behind it.
3 million people own 1,400.000,000 = 14 000 000 000 000 dollars worth of property.
That means that each person in that group of 3 million is 1 of 14 , 000, 000 in wealth just in property alone. The goods will dilute this somewhat, but I think you get the idea.
3 million people in the United States are multimillionaires, if they own 100% of the property. Of course that isn't true, but I think it's fair to say that they are not poor either.
Answer:
January:
Budget labor cost= $236,520
February:
Budget labor cost= $221,400
March:
Budget labor cost= $271,350
Explanation:
Giving the following information:
Planned production in units for the first 3 months of the coming year is:
January= 43,800
February= 41,000
March= 50,250
Each drum of the industrial solvent takes 0.3 direct labor hours. The average wage is $18 per hour.
Budget labor cost= number of units*0.3 direct labor hours* average wage
January:
Budget labor cost= 43,800*0.3*18= $236,520
February:
Budget labor cost= 41,000*0.3*18= $221,400
March:
Budget labor cost= 50,250*0.3*18= $271,350
a.
WACC is calculated as –
WACC = (Weight of common stock X Cost of common stock) + (Weight of preferred stock X Cost of preferred stock) + (Weight of debt X After tax cost of debt)
WACC = (64% X 13.4%) + (9% X 6.4%) + (27% X ((1- 40%)*8.1%))
WACC = 10.46%
b. After tax cost of debt is calculated as –
After tax cost of debt = (1- tax rate) X cost of debt pre-tax
After tax cost of debt = ((1- 40%)*8.1%))
After tax cost of debt = 4.86%
