Answer:
Current price of house = $222,000
Explanation:
given data
property that sold = $275,000
values decreasing at rate = $2,000 per week
Each bedroom = $30,000
a bathroom = $15,000
solution
we get here Price of 3 bedroom & 3 bathroom house (4 weeks ago) is
Price of 3 bedroom & 3 bathroom house (4 weeks ago) = $275,000 - $30,000 - $15,000
Price of 3 bedroom & 3 bathroom house (4 weeks ago) = $230000
and
reduction in price at $2000 per week for 4 weeks= 4 × 2000
reduction in price at $2000 per week for 4 weeks = ($8,000)
so
Current price of house = $230000 - $8,000
Current price of house = $222,000
Sales = $23.8 million
Total equity = $31.3 million
Total debt = $16.7 million
Profit margin = 8% = 0.08
Return of assets = ?
First we calculate the total assets:
Total assets = Total debt + Total equity
= $16.7 million
+ $31.3 million = $48 million
Now find net income by using this formula:
Profit margin = Net income / Sales
<span>
Net income = Profit Margin × Sales
= 0.08 x 23,800,000 = $1,904,000
Now calculate Return of assets:
Return on assets = Net income / Total assets
=$1,904,000 / 48,000,000
</span>
Return on assets = 3.967%
Answer:
$1.55
Explanation:
Interest rate parity = (1+Rh) / (1+Rf) = F1 / S0
Rh = rate on home currency here US is home 3% p.a = 3%/4 = 0.75%
Rf= rate on foreign currency here Germany 3.5% p.a = 3.5%/4 = 0.875
F1 = Forward rate
, S0= Spot market rate
So, (1+0.0075) / (1+0.00875) = F1 / 1.56
1.0075/1.00875 = F1 / 1.56
0.998761 = F1 / 1.56
F1 = 0.998761 * 1.56
F1 = 1.55806716
F1 = $1.55
Thus, the 90-day forward rate is $1.55
Incomplete question. Assumed you are referring to this article;
Six years after turning the leadership of Costco Wholesale over to the then- president, Craig Jelinek, Jim Sinegal, Costco’s co-founder and chief executive officer (CEO) from 1983 until year-end 2011, had ample reason to be pleased with the company’s ongoing revenue growth and competitive standing as one of the world’s biggest and best consumer goods merchandisers. Sinegal had been the driving force behind Costco’s 35-year evolution from a startup entrepreneurial venture into the largest retailer in the United States, the seventh-largest retailer in the world, and the undisputed leader of the discounted warehouse and wholesale club segment of the North America retailing industry. Since January 2012, when Craig Jelinek took reins as Costco Wholesale’s president and CEO, the company had prospered growing from annual revenue of $89 billion and 598 membership warehouse at year-end fiscal 2011 to annual revenues of $126.2 billion and 741 membership warehouse at year-end fiscal 2017. Costco’s growth continued in the first nine months of fiscal 2018. 9-month revenue was $95.0 billion, up 12.0 percent over 9 months of fiscal 2017, and the company had opened four additional warehouses. As of June 2018, Costco ranked as the second-largest retailer in both the United States and the world.
<u>Explanation:</u>
Note, the threat arising from new competitors into a particular market refers to the likelihood that this company or business would overtake existing ones in their market share.
However, <em>recall </em>that we are told that Costco has been in the business for up to 35 years, and has become "the undisputed leader of the discounted warehouse and wholesale club segment of the North America retailing industry," this fact alone makes us and the new competitors weary of how difficult to acquire part of the market. This thus puts Costco at a competitive advantage.
Answer:
The productivity increased from 0.89 carts pwe worker per hour to 0.93 arts per worker per hour.
Explanation:
5 worked make 80 carts per hour
Worker receive $10 dollar per hour = $50 dollars wages epxense
Machine cost $40 dollar per hour
A worked is crow-out from factory and the equipment cost increased by $10
The total cost still is $90 dollars but the output now is 84 carts
Labor Productivity (before purchase of new equipment)
80 carts
(5 wkrs .∗$ 10 per hr .)+$ 40
= 0.89 carts per worker per hour
Labor Productivity (after purchase of new equipment)
84 carts
(4 wkrs .∗$ 10 per hr .)+$ 50
= 0.93 carts per worker per hour
<u>Question missing:</u>
Compute labor productivity under each system (before and after the purchase of new equipment). <u>Use carts per worker per hour</u> as the measure of labor productivity.
