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Vesnalui [34]
3 years ago
7

At January 1, 2016, Waterway Industries has beginning inventory of 1500 surfboards. Waterway estimates it will sell 5000 units d

uring the first quarter of 2016 with a 12% increase in sales each quarter. Waterway’s policy is to maintain an ending inventory equal to 25% of the next quarter’s sales. Each surfboard costs $100 and is sold for $150. How much is budgeted sales revenue for the third quarter of 2016?
Business
1 answer:
Lana71 [14]3 years ago
3 0

Answer:

the budgeted revenue for the third quarter is $940,800

Explanation:

The computation of the budgeted revenue for the third quarter is shown below:

= Number of unit sold in the first quarter × increase in sales percentage × increase in sales percentage × selling value

= 5,000 × 1.12 × 1.12 × $150

= $940,800

Hence, the budgeted revenue for the third quarter is $940,800

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Assume the expected return on the market is 9 percent and the risk-free rate is 4 percent. (a1) What is the expected return for
Ad libitum [116K]

Answer:

r or expected rate of return = 0.13 or 13%

Explanation:

Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.

The formula for required rate of return under CAPM is,

r = rRF + Beta * (rM - rRF)

Where,

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  • rM is the market return

r = 0.04 + 1.80 * (0.09 - 0.04)

r or expected rate of return = 0.13 or 13%

8 0
3 years ago
Bacchus Enterprises has $12B in book value of common stock selling at a book to market rate of 1.35 and a beta of 1.5. The combi
goldfiish [28.3K]

Answer: 16.3%

Explanation:

Given the details in the question, the cost of preferred capital can be calculated using the CAPM method.

Cost of preferred stock using the Capital Asset Pricing Model is:

= Risk free rate + Beta * ( Market return - Risk free rate)

= 4% + 1.23 * (14% - 4%)

= 16.3%

7 0
3 years ago
The market price of pomegranates is $2, and JoAnne sells 25 pomegranates at the local farmer's market. The total revenue is and
leva [86]

Answer:

$50 and $2

Explanation:

The computation of the total revenue and the marginal revenue is shown below:

Total revenue is

= Price ×  quantity

= $2 × 25

= $50

And, the marginal revenue is received collected from one unit i.e price of the one units that equivalent to $2

Hence, we simply applied the above formula to determine the total revenue and the marginal revenue

4 0
3 years ago
Assume that production will increase to 32,000 jars of salsa during june. by how much will the production cost increase compared
VikaD [51]

For every jar Neha buys, she spends $0.95, and buying 9 jars in total, she pays $8.55 in total.

$0.95 x 9 jars = $8.55

For every jar Neha buys, she spends $0.95, and buying 9 jars in total, she pays $8.55 in total.

Learn more about cost here brainly.com/question/14358130

#SPJ1.

6 0
1 year ago
The last stage in sales is<br> Conviction<br> Action<br> Desire<br> Interest
Ksivusya [100]
Answer will be ‘Desire’ according to me.
5 0
3 years ago
Read 2 more answers
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