What is the percentage of students that graduate the University of Michigan each year?

The term that describes what occurs when a manager does what is in his/her best interests and not what is in the best interests

Rom4ik [11]

Answer:

Lowballing

Explanation:

4 0

3 years ago

The marketing department wants to buy two new computers. One computer will be used for their graphic artist to create graphics a

BartSMP [9]

Answer:

Explanation:

While buying a computer , the potential purpose and usage of the computer should as well as the component of the computer to buy should be considered in order to make a right selection .

As graphics designing software is processor intensive , a processor with a very high speed of at least 1 Ghz and an adequate RAM to aid faster process at once , minimum of 8Gb is required.

However , considering the function of a secretary which is to track billing and hours , a computer with a slower process will definitely perform the task

8 0

3 years ago

Sales (19,500 units at $30 per unit) $585,000 Variable expenses 409,500 Contribution margin 175,500 Fixed expenses 180,000 Net o

vichka [17]

Answer:

Automated

Sales (19,500 units at $30 per unit) $585,000 $585,000

Variable expenses 409,500 351,000

Contribution margin 175,500 234,000

Fixed expenses 180,000 252,000

Net operating loss $(4,500) $( 18,000)

New Cm ratio= Contribution Margin/ Sales Revenue

= $ 234,000 $ 585,000 = 0.4

Break-even point in dollars= Fixed Costs/ 1- (variable Cost/ Sales)

= 252,000/ 1- (351,000/ 585,000)

= 252,000/ 1-0.6

= 252,000/0.4= $ 630,000

The resulting $ 630,000 is the break even point at which neither a loss nor a profit is incurred.This can be checked as follows.

Sales $ 630,000

Variable Costs ( 60 % $ 630,000) $ 378,000

Contribution Margin $ 252,000

Less Fixed Expense $ 252,000

Profit 0

Break even point in units = Fixed Costs/ Contribution Margin in units

= $ 252,000/ (30-18)

=$ 252,000/ $ 12= 21,000 units

Two Contribution format Income Statements:

Automated

Sales (26,000 units at $30 per unit) $780,000 $780,000

Variable expenses 546,000 468,000

Contribution margin 234,000 312,000

Fixed expenses 180,000 252,000

Net operating Profit $ 54,000 $ 60,000

Working:

Variable Costs per unit = $ 409500/19500= $ 21

After reduction variable costs = $ 21- $3= $ 18

4 0

3 years ago

Your company currently has $ 1 comma 000 par, 6 % coupon bonds with 10 years to maturity and a price of $ 1 comma 078. If you w

Stella [2.4K]

Answer:

The next coupon rate that is needed to set is 5.00%

Explanation:

Solution

Recall that:

Your company presently has =$1,000 par

Coupon bonds = 6%

Maturity = 10 years

The next step is to find the coupon rate that is needed or required to set.

Now,

The number of semi annuals to maturity, NPER = (10 YEARS * 2)= 20

Semiannual coupon payments, PMT = ($1000 * 6%/2) = $30

The current selling price per bond (FV) = $1078

The maturity value at the end is = $1000

The semiannual compound type, = 0 (It is 0 if compounded at the end of each semiannual and is 1 if compounded at the start of each semiannual)

Semi annual interest rate is = 2.5%

Thus,

The number of semi annuals in a year is = 2

The annual coupon rate of bonds (new) = 2/50 % * 2

= 5.00%

It is important to note that the semi annual coupon rate is computed suing the excel function rate (nper, pmt, pv, fv, type),

Whereby

PV =1078

NPR = 20

PMT =30

FV = 1000

TYPE = 0.

3 0

3 years ago

Pine Street Inc. makes unfinished bookcases that it sells for $58.09. Production costs are $37.97 variable and $10.12 fixed. Bec

ololo11 [35]

Answer:

Pine Street should sell finished bookcases.

Explanation:

Differential analysis

Sell unfinished Process further Net income

Increase (decrease)

Sale price per unit 58.09 73.08 14.99

Cost per unit

Variable 37.97 44.61 -6.64

Fixed 10.12 10.12 0

Total 48.09 54.73 8.35

Net income per unit 10 18.35 8.35

So, the book cases should be sold after processed further.

7 0

3 years ago