Anyone like jschlatt here

Consider the following per unit data for Jennifer Company, a seller of tables and chairs: What is the weighted-average unit cont

lisabon 2012 [21]

Answer:

$28 per unit

Explanation:

since the information is missing, I looked for similar questions:

contribution margin per chair = $50 - $35 = $15

contribution margin per table = $200 - $120 = $80

sales mix: 4 chairs + 1 table

contribution margin per sales mix = (4 x $15) + $80 = $140

weighted average contribution margin = $140 / 5 = $28

5 0

3 years ago

Selkirk Company obtained a $12,000 note receivable from a customer on January 1, 2021. The note, along with interest at 10%, is

adoni [48]

Question:

Lets complete the question as thus

Selkirk Company obtained a $12,000 note receivable from a customer on January 1, 2021. The note, along with interest at 10%, is due on July 1, 2021. On February 28, 2021, Selkirk discounted the note at Unionville Bank. The bank’s discount rate is 12%.

How much proceed would Selkirk

Answer:

Proceeds from discounting =$11,970

Explanation:

To calculate the proceeds, the gross proceed less the discount charged by the bank. The gross proceed is the total amount that would have been received should the note is held to maturity.

Proceeds = Gross proceed - Discount charges

The note maturity period = 6 months, January 1 to July 1

Gross proceed= P + (P×R×T)

P- 12,000 R- 10%, T- 6/12

Gross proceed = 12,000+ (12,000× 6%× 10/12)= $12,600

Discount charges = Gross proceed × discount rate × time to maturity

Time to maturity at the date of discounting = 6 - 1 = 5 months

February 28 to July 1

Discount rate - 12%, Time- 5/12

12600× 5/12× 12% = $630

Proceeds to be received

= $12,600- $630

= $11,970

3 0

3 years ago

You purchased 340 shares of a particular stock at the beginning of the year at a price of $77.03. The stock paid a dividend of $

Mekhanik [1.2K]

Answer:

Return on the investment = 10.8%

Explanation:

The return on a stock is the sum of the capital gains(loss) plus the dividends earned.

Capital gain is the difference between he value of the stocks when sold and the cost of the shares when purchased.

Total shareholders Return =

(Capital gain/ loss + dividend )/purchase price × 100

So we can apply this to the formula:

Dividend = 1.8 × 340= $612

Capital gain = (83.54-77.03)× 340 =$ 2213.4

Cost of shares = 340 × 77.03= $26,190.2

% return = (612 + 2213.4)/ 26,190.2 × 100

= 10.8%

6 0

3 years ago

Tee Time Golf Resort plans to use famous Kauri wood from New Zealand for parts of the interior of the magnificent clubhouse at i

Tju [1.3M]

Answer:

correct option is C. it's a good time to buy the wood.

Explanation:

given data

slab = 10 feet

cost Tee Time = $5,000

$500 US dollars = $738 NZ dollars

solution

If they import timber from New Zealand. Tea Golf Resort pays less than $ 5000 to import Wood from New Zealand at the current exchange rate. This is a good time for them to import forests

we get here current exchange rate of 1 dollar that is as

US $500 = NZ $738

so $1 = $\frac{738}{500}$

$1 = NZ $1.476

current exchange rate is $1 = NZ $1.476

so

10 foot slab costs $5000

so Tee Golf Resort will pay is

Tee Golf Resort pay = $\frac{5000}{1.476}$

Tee Golf Resort pay = $3387.53

so correct option is C. it's a good time to buy the wood.

3 0

3 years ago

Jones and Smith live in the same apartment building. Jones loves to play his opera recordings so loudly that Smith can hear them

vovikov84 [41]

Answer:

The correct answer is letter "A": Should be.

Explanation:

From the efficiency perspective, we shall consider the relationship between the benefits and the costs. If we subtract the cost from the benefits and the result is positive, we could say that it is convenient to continue with the activities of the operations being carried out.

In that case, Jones's benefits are (100) but his cost is Smith's damages (60). Then:

100 - 60 = (+)40;

which implies Jones should be allowed to play his opera music.

6 0

3 years ago