Answer:
E. Compensation
Explanation:
Compensation method is an effective technique in businesses to clarify problems and justify decisions between managers and employees. In the current scenario, Wynette is using the compensation method to clarify and justify her purchase decision. She is giving different reasons why she chose an expensive printer over others; this is a compensation method because it will help her to justify her decision.
The statement above is true. Forecasting is the utilization of notable information to decide the heading of future patterns. Organizations use estimating to decide how to apportion their financial plans or plan for expected costs for an up and coming timeframe. This is regularly in view of the anticipated interest in the products and ventures they offer.
Answer:
Assuming that no changes happened, 2020 sales and expenses should be similar to 2019's:
Total Per unit
Total sales $1,842,400 $28
Variables costs <u>($1,184,400)</u> <u>($18)</u>
Contribution margin $658,000 $10
Fixed costs <u>($498,000)</u> <u>($7.57)</u>
Operating income $160,000 $2.43
Answer:
7.76%
Explanation:
The computation of the weighted average flotation cost is shown below:
= Weightage of equity × flotation cost for new equity + Weightage of debt × flotation cost for debt
Since the debt-equity ratio is 0.7 which means the debt value is 7 and the equity value is 10 so the total firm would be 1.70
So, Weighted of debt = (0.7 ÷ 1.70) =0.411
And, the weighted of common stock = (Common stock ÷ total firm)
= (1) ÷ (1.70)
= 0.588
Now put these values to the above formula
So, the value would equal to
= (0.588 × 9%) + (0.411 × 6%)
= 0.05292% + 0.02466%
= 7.76%
The correct statement is that the minimum contribution to be saved by Jarrod on a monthly basis should be $461. So, the correct option from the choices given above is B.
The monthly contribution can be calculated by taking into consideration the rise in tuition fee and then dividing such obtained amount by number of months left for such accomplishment of savings.
<h3>Calculation of monthly contribution.</h3>
- The formula for calculation of tuition fees of university will be computed by the formula using the given information as,
- The monthly contribution can be calculated by using the available values in the formula as,
- So the approximate monthly contribution to be made by Jarrod will be $461 every month.
Hence, the correct option is B that the approximate minimum monthly contribution to be made by Jarrod to save for university tuition fee will be $461.
Learn more about monthly contribution here:
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