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Igoryamba
3 years ago
7

Coronado Industries is planning to sell 750000 units for $1.50 per unit. The contribution margin ratio is 20%. If Coronado will

break even at this level of sales, what are the fixed costs
Business
1 answer:
yKpoI14uk [10]3 years ago
4 0

Answer:

$225,000

Explanation:

the break even formula = total fixed costs / contribution margin

  • break even in units = 750,000 units
  • contribution margin = 20% x $1.50 = $0.30

750,000 units = total fixed costs / $0.30

750,000 units x $0.30 = total fixed costs

total fixed costs = $225,000

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Sean works for Cash'n'Carry, a payday loan company. He has been asked to develop an ethical mission statement to reassure custom
soldi70 [24.7K]

Answer:

c. Emphasis on ethics

Explanation:

Sean has been tasked with developing a ethical mission statement with a view of reassuring customers on predatory lending practices.

This is a renewed emphasis on the ethics of the company and by so doing it will reassure the company is aware of the ethical practice in this regard and that they are pledging to act ethically.

Ethics is defined as the process of systemising and recommending concepts of right and wrong. It is also called moral philosophy.

4 0
3 years ago
According to the principles of supply and demand, why is it that as the price of a product increases, the amount supplied will a
Nezavi [6.7K]

According to the principles of supply and demand,  the price of a product increases, the amount supplied will also increase because there is positive relationship between price and quantity supplied.

<h3>Why when price increases supply also increases?</h3>

Economists States that there is a positive relationship between price and quantity supplied—that means a higher price leads to a higher quantity supplied and a lower price leads to a lower quantity supplied.

Principle of supply states that at a higher price, a producer is willing to produce more of a good.

Principle of demand states that at a higher price, a consumer is less willing to purchase a good.

Learn more about the principles of supply and demand here:-

brainly.com/question/1967319

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6 0
2 years ago
You purchased an annual interest coupon bond one year ago that had six years remaining to maturity at that time. The coupon inte
Marat540 [252]

Answer:

The correct answer to the following question will be "8%".

Explanation:

The given values are:

Number of years of maturity = 5 years

Interest rate of coupon = 10%

                           = 10%×1000

                           = 100

Yield to maturity, YTM = 8%

As we know,

Price of Bond = PV of Coupons + PV of Per Value

On putting the values in the above formula, we get

⇒                     = \frac{100\times (1-(1+8 \ percent^{-5}))}{8 \ percent} +\frac{1000}{1+8 \ percent^{5}}

⇒                     = 1079.85

After 1 years, we get

Price of Bond = PV of Coupons + PV of Per Value

On putting the values in the above formula, we get

⇒                     = \frac{100\times (1-(1+8 \ percent^{-4}))}{8 \ percent} +\frac{1000}{1+8 \ percent^{4}}

⇒                     = 1066.24

Now,

The total return rate = \frac{(1066.24-1079.85+100)}{1079.85}

                                   = \frac{86.39}{1079.85}

                                   = 8 \ percent

7 0
3 years ago
Sherman, Inc. manufactures chainsaws that sell for $65. Each chainsaw uses $14 in direct materials and $9 in direct labor per un
anzhelika [568]

Answer: $18

Explanation:

Based on the information,

Sales revenue = $65 × 225 = $14625

Cost of goods sold = (45 × $20) + (1125 × $4) + (225 × $14) + (225 × $9)

= $900 + $4500 + $3150 + $2025

= $10575

Gross profit = Sales revenue - Cost

= $14625 - $10575

= $4050

The gross profit for one chainsaw will be:

= $4050/225

= $18

6 0
3 years ago
. A car accident occurs at an intersection outside of a physician’s office during normal office/business hours. Do the physician
lina2011 [118]
Search it up dudeeeee :)
3 0
3 years ago
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