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Dmitry_Shevchenko [17]
3 years ago
10

1.) Ocean City Kite Company manufactures & sells kites for $6.50 each. The variable cost per kite is $3.50 with the current

annual sales volume of 90,000 kites. This volume is currently Ocean City Kite's breaking even point. Use this information to determine the dollar amount of Ocean City Kite Company's fixed costs. (Round dollar value to the nearest whole dollar & enter as whole dollars only.)
Business
1 answer:
Brut [27]3 years ago
5 0

Answer:

$270,000

Explanation:

Contribution per kite = $6.50 - $3.50 = $3.00

Break even point = 90,000 kites

Since;

Break even point = Fixed cost / Contribution per kite.

We have:

90,000 = Fixed cost / $3.00

Fixed cost = 90,000 * $3.00 = $270,000

Therefore, Ocean City Kite Company's fixed costs is $270,000.

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The school newspaper surveyed 100 commuter students and asked two questions. First, students were asked how many courses they we
Amiraneli [1.4K]

Answer: Option (D)

Explanation:

A variable tends to be either continuous or discrete. If the variable tends to have two significant real values so that it tends to take on real values in between them, then variable is considered to be continuous. If it tends to take on significant value so that there is non-infinitesimal gap on either side of it with no values it can take, then that variable is considered to be discrete.

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3 years ago
Why would Apple & Sony partnership be successful
zhenek [66]

Answer:

Three reasons would make Apple & Sony partnership successful.

The first one would be research and development share to create better products.

The second would be to increase the software market for their platforms.

Third the copyright payments for both companies on digital media would be reduced at least by 50%.

Explanation:

To understand this answer we need to analyze the context. First of all, both companies are always researching technology to overcome the other. Therefore, if they cooperate they could share their development and create better products with less investment. Second, both companies protect their software so they can't import formats from one company to the other, therefore their market could increase. Third, they both pay copyright for their digital libraries, however, if they cooperate they could cut the cost of it by half of it and increase their profit.

7 0
3 years ago
The Industrial Revolution brings about the use of production processes dependent on new machines and interchangeable parts.
RideAnS [48]

Answer:

True

Explanation:

Industrial Revolution can be regarded as transition from old to the new manufacturing processes which begins from some part of the world such as

Europe and United States, within some period from of 1760 and it's improving up till date. Some of the causes of Industrial Revolution are development of trade as well as the rise in business activities. It should be noted Industrial Revolution brings about the use of production processes dependent on new machines and interchangeable parts.

5 0
3 years ago
Consider the following scenario analysis:Rate of Return Scenario Probability Stocks BondsRecession 0.20 -4 % 16 %Normal economy
Vikentia [17]

Answer and Explanation:

a. Here it is reasonable to presume that the treasury bond generates high returns when there is a recession.  

b. The calculation of the expected rate of return and the standard deviation for each investment is shown below:

For stocks

= (Expected return of the boom × weightage of boom) + (expected return of the normal economy × weightage of normal economy) + (expected return of the recession × weightage of recession)  

= (29% × 0.30) + (18% × 0.50) + (-4% × 0.20)  

= 8.7% + 9% - 0.80%

= 16.9%

For bonds  

= (Expected return of the boom × weightage of boom) + (expected return of the normal economy × weightage of normal economy) + (expected return of the recession × weightage of recession)  

= (6% × 0.30) + (9% × 0.50) + (16% × 0.20)  

= 1.8% + 4.5% + 3.2%

= 9.5%

Now the standard deviation calculation is to be shown in the excel spreadsheet

For the stock it is 11.48%

And, for the bond it is 3.5%

c. The investment that should be prefer could be computed by determine the coefficient of variation which is shown below:

Formula i.e. used is

= Standard deviation ÷ expected return

For stock, it is

= 16.9% ÷ 11.48%

= 1.47

And, for bonds it is

= 9.5% ÷ 3.5%

= 2.71

Since for the bonds the coefficient of variation is greater so the same is to be considered

Therefore the bond should be prefer

4 0
3 years ago
On August 1, a $42,000, 7%, 3-year installment note payable is issued by a company. The note requires equal payments of principa
Anvisha [2.4K]

Answer:

b. $16,004.17

Explanation:

The bond pays annual interest of 7% over the 3 years. The annuity factor at 7% for 3 years is 2.6243. The amount of bond is divided by annuity factor to calculate the annual payment of bond. The payment includes bond principal repayment and interest payment. The first payment on July 31 will be for $16,004.17.

8 0
3 years ago
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