To get the break-even point, you have to divide the fixed cost by the selling price of a mailbox less the variable cost in making a mailbox. In this case, we will have to divide $192,827.00 by $39.99 less $25.43. So, the break-even point will be 13244 units.

6 0

3 years ago

Jiminy's Cricket Farm issued a bond with 15 years to maturity and a semiannual coupon rate of 5 percent 3 years ago. The bond cu

Elan Coil [88]

Answer:

Pretax cost of debt is 5.94%

After tax cost of debt is 4.63%

Step-by-step explanation:

The pretax cost of the debt is the yield to maturity on the debt issuance,which can be computed using the rate formula in excel:

=rate(nper,pmt,-pv,fv)

nper is the number of semi-annual interest payments payable by the bond from year 3 onward ,that is the number of years to maturity 12*2=24

pmt is the semi-annual interest payable by the bond issuer which is face value of the bond ,$1000*5%/2=$25

pv is the current price of the bond which 92% of face value i.e 92%*$1000=$920

fv is the face value of the bond at $1000

=rate(24,25,-920,1000)

rate=2.97%

the rate calculated is a semi-annual rate,annual rate =2.97%*2

=5.94%

The pretax cost of debt is 5.94%

After tax cost of debt=pretax cost of debt*(1-t)

t is the tax rate of 22%

after tax cost of debt =5.94%*(1-22%)

=4.63%

8 0

4 years ago

29.) in Mongolia the temperature can dip down to - 45°C

Anna007 [38]

Answer:

The temperature range is $95^o$ , going from $-45^0$ to $40^o$

Step-by-step explanation:

The temperature range is the difference between the maximum and the minimum temperature:

$40^o-(-45^o)=40^o+45^o=95^o$

The temperature range is $95^o$ , going from $-45^0$ to $40^o$

6 0

3 years ago