Answer:
a. $295.81
Explanation:
Total market value = (310 * 10.2) + (260 * 20.4)
Total market value = 3,162 + 5,304
Total market value = 8466
Joint cost allocated to L on basis of value
= [ (310 * 10.2) / 8,466] * 792
= (3,162 / 8,466) * 792
= $295.81
a dozen eggs in 1980 was 84 cents.
Answer: Setting interest rates and acting as a lender to banks
Explanation: The Fed or the Federal reserve is a central banking authority in any nation. It is responsible for maintaining the money supply in the economy. Some of the functions performed by the central bank are,
a. Setting interest rates and acting as a lender to banks
b. Print currency notes and coins
c. Setting the repo and the reverse repo rates
d. Clearing inter bank payments.
Therefore, the correct option is Setting interest rates and acting as a lender to banks.
Answer:
a) DuPont analysis for Johnson International
2013: 0.059 x 2.11 x 1.75 = 0.2179 = 21.79%
2014: 0.058 x 2.18 x 1.75 = 0.2213 = 22.13%
2015: 0.049 x 2.34 x 1.85 = 0.2121 = 21.21%
b) DuPont analysis for industry averages
2013: 0.054 x 2.05 x 1.67 = 0.2121 = 21.21%
2014: 0.047 x 2.13 x 1.69 = 0.1692 = 16.92%
2015: 0.041 x 2.15 x 1.64 = 0.1446 = 14.46%
c) Johnson International's drivers follow the same tendency as the industry's average, e.g. net profit margin decreased in a similar manner, and total asset turnover increased also in a similar manner to the industry's average. The only driver that doesn't follow the industry's trend is financial leverage. While other companies in the same industry decreased their financial leverage, Johnson increased it. You should further analyze why this happened and what are the potential consequences.
Explanation:
The DuPont analysis is used to break down ROE into 3 different components and that way you can analyze whether a company's high ROE comes along with a high risk. The following formula is used to calculate ROE based on 3 different factors:
R
OE = net pro
fit margin x total assets turnover x financial leverage
Answer:
Total revenue at breakeven is $1,508,042
Explanation:
Breakeven point in units = Fixed cost / Selling price -Variable cost per unit
Breakeven point in sales revenue = Fixed cost / (Selling price* x)- (Variable cost per unit * x)
In this case,
Fixed cost= $1.5 million
Selling price =$75
Variable cost per unit =40 cents
Breakeven point in units = 1,500,000 million/ 75 -0.4
Breakeven point in units = 20,107
Breakeven point in units sales = 20,107 * 75
Breakeven point in units sales = $1,508,042
