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Yuri [45]
3 years ago
5

Advanced Enterprises reports year−end information from 2019 as​ follows: Sales​ (160,250 units) ​$969,000 Cost of goods sold ​(6

41,000) Gross margin ​328,000 Operating expenses ​(268,000) Operating income ​$60,000 Advanced is developing the 2020 budget. In 2020 the company would like to increase selling prices by​ 13.5%, and as a result expects a decrease in sales volume of​ 10%. All other operating expenses are expected to remain constant. Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. What is budgeted cost of goods sold
Business
1 answer:
Ilya [14]3 years ago
3 0

Answer:

Cost of goods sold = $576,900

Explanation:

The budgeted cost of goods sold will be the sales volume in 2020 multiplied by cost per unit .

Sales volume in year 2020= (100-10)% ×  sales figure for 2019

                                            = 90% × 160,250=  144,225  

Cost of goods sold per unit =  cost of goods sold in 2019/Sales units in 2019

                                              = 641,000/160250=$4

Cost of goods sold =  $4× 144,225 =  $576,900

Cost of goods sold = $576,900

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The expected return on the market portfolio is 15%. The risk-free rate is 8%. The return on SDA Corp. common stock turned to be
pogonyaev

Answer:

C. stock's alpha is -0.75% SDA Corp.

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For computing the price of the stock, first we have to compute the Expected rate of return which is shown below:

= 8% + 1.25 × (15% - 8%)

= 8% + 1.25 × 7%

= 8% + 8.75%

= 16.75%

Now the price would be

= Return on common stock - expected rate of return

= 16% - 16.75%

= -0.75%

8 0
4 years ago
Aster Technologies Inc., a firm that sells inventory management software, has labor savings of 20% (0.33), a product warranty of
SIZIF [17.4K]

The customer value index is 2.58

The labor savings of the firm at 20% = 0.33

The product warranty of five years = 0.42

The competitive price = 1.0

The no call backs = 0.83

In order to get the customer value index, the next approach would be to add up all of the sums together.

0.33+0.42+1.0+0.83 = 2.58

In conclusion the Customer value index = 2.58

Read more on brainly.com/question/3358818?referrer=searchResults

5 0
3 years ago
Suppose that demand for automobiles increases by 25% when consumers' incomes increase by 20%. what is the income elasticity of d
Shalnov [3]
Income elasticity of demand is a measure of responsiveness of the quantity of goods or services demanded to a change in the income of the people demanding the good. It is calculated as the ratio of the percentage change in the quantity demanded to the percentage change in income. 
In this case, percentage change in quantity demanded is 25% and percentange change in income is 20%
Therefore, income elasticity = 25/20
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3 0
3 years ago
When Krispy Kreme decided to expand its operation internationally, it chose to first make its doughnuts available in Canada to m
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Answer:

The answer is E.

Explanation:

Licensing is a business arrangement in which one company(Krispy Kreme) authorizes another company(Canadian company) permission to manufacture its product for a specified payment. The benefits for licensing are:

1. To create business opportunities by expansion

2. It makes an entry into foreign market easier

3. It reduces risk for the two parties.

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4 years ago
Although the use of DDT was banned in the United States in 1972, a test of the body tissue of an average United States resident
san4es73 [151]

Answer:

DDT is the breakdown product of some newer pesticides on the market

Explanation:

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3 years ago
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