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3 years ago

What do aerospace engineers do? A. Design dams. B. Design machines. C. Design planes Design cars.

Business

1 answer:

hichkok12 [17]3 years ago

6 0

Answer:

Design planes

Explanation:

Aerospace engineers are the category of engineers that deal with the design, research, construction, and maintenance of aircraft. They are trained at the universities. Aerospace engineers are employed by factories that build and maintain aircraft, missiles, spacecraft, and other airborne objects.

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Oriole Company had $234,200 of net income in 2019 when the selling price per unit was $151, the variable costs per unit were $91

FinnZ [79.3K]

Answer:

A) 13,500 units

B) 14,630 units

C) $156 is the selling price.

Explanation:

A) Number of units sold = Total sales/selling price per unit

Given,

Operating profit (Net income) = $234,200

Selling price per unit = $151

Variable cost per unit = $91

Contribution margin per unit = $(151-91) = $60

With the help of contribution approach, we can find the total sales.

Per Unit Total Cost

Selling price $151

Less: Variable cost 91

Contribution Margin(1) $60 $810,000

Less: Fixed cost $575,800

Net Income $234,200

Note: 1) Contribution Margin - Fixed cost = Net income

Contribution Margin = Net income + fixed cost

Contribution Margin = $234,200 + 575,800

Contribution Margin = $810,000

Total number of units = Contribution Margin/Contribution margin per unit

Total number of units sold = $810,000/$60

Total number of units sold = 13,500 units

B) We know,

Desired sales unit = $\frac{Fixed cost + Target profit}{Selling price per unit - Variable cost per unit}$

Given, as the selling price, variable cost and fixed cost remain same in 2020. Therefore,

Selling price per unit = $151

Variable cost per unit = $91

Fixed cost = $575,800

Targeted profit = $67,500 + 234,500 = $302,000

Therefore, desired sales unit = $\frac{575,800 + 302,000}{151 - 91}$

Desired sales unit = 14,630 units need to be sold in 2020.

C) If the company wants to sell 13,500 units but wants to achieve $(234,200+67,500) = $302,000 amount of profit, the company has to increase its selling price. Because the company cannot change the fixed cost.

Therefore,

Contribution Margin - Fixed cost = Net income

or, Contribution Margin = Net income + fixed cost

or, Contribution Margin = $302,000 + 575,800 = $877,800

Therefore, contribution margin per unit = $\frac{877,800}{13,500}$

Contribution margin per unit = $65

As the variable cost will not be changed, the selling price should be -

Selling price - variable expense per unit = Contribution margin per unit

Selling price = Contribution margin per unit + variable expense per unit

Selling price/unit = $65 + $91 = $156

3 0

3 years ago

Shugart sells two products. Product A sells for $88 with variable costs of $38. Product B sells for $143 with variable costs of

andrew11 [14]

Answer:

$81 approx

Explanation:

Contribution margin refers to sales receipts in excess of variable costs incurred. This represents contribution from a product earned which is after variable costs have been incurred.

Product A

Selling price per unit = $88

Variable cost per unit = $38

Contribution per unit = Selling price per unit - Variable cost per unit

Contribution margin per unit = $88 - $38 = $50

Similarly, for product B,

Contribution margin per unit = $143 - $47= $96

Products Weights Contribution Weighted contribution

A 0.32 50 16

B 0.68 96 65.28

1.00 81.28

Hence, weighted average contribution margin is $81.28 or $81 approx

7 0

3 years ago

A firm negotiates a(n) _________ with its bank. This arrangement gives the firm access to a specified amount of unsecured short-

Vesna [10]

Answer:

Line of credit

Explanation:

A line of credit refers to a mechanism of availing short term credit from banks whereby a borrower is provided with a preset limit till which funds can be availed anytime.

As the borrower repays the money borrowed, the line of credit gets restored to the previous level provided it is an open line of credit.

Line of credit specifies the maximum limit till which money can be borrowed. The rate of interest and repayment time period are decided by the lender which is usually a bank.

Borrower is usually supposed to pay interest upon the money actually borrowed and not the full limit of the line of credit.

7 0

3 years ago

Assume that interest rates on 20-year Treasury and corporate bonds with different ratings, all of which are noncallable, are as

Elina [12.6K]

Answer:

The question is missing the options which are below:

A Real risk-free rate differences.

B Tax effects.

C Default risk differences.

D Maturity risk differences.

E Inflation differences.

The correct answer is option C,default risk differences.

Explanation:

Default risk is the increase in return given to an investor to compensate the investor for the likely losses that may arise due to the inability of the borrower to make funds available to the investor on the maturity date or even in required amount.

Different debt instruments have different default risk depending on their credit rating as rated by international rating agencies.Such rating is a function of many factors,which includes:

Balance sheet position

Profitability

Liquidity strength of the company

Macro-economic factors and some others.

Liquidity refers to the ability of the company to settle obligations such as repayment of bonds and interest when due.

Invariably,liquidity has a higher impact in determining credit rating as well as default risk of an instrument.

3 0

3 years ago

The unique markings and small cuts on the sole of a suspect's shoe are unique because of continued wear and use. these markings

Solnce55 [7]

The answer is: individual characteristics

In forensic, individual characteristics refers to a trail of evidence that could only be made by someone with a specific background or someone who are used to a certain type of behavior.

From markings and cuts and the sole, investigators could predict the general activities that usually done by the owner of the shoe. This would helped them identify the victim and help to unfold what happened to that victim when the crime occurred.

6 0

3 years ago

What do aerospace engineers do? A. Design dams. B. Design machines. C. Design planes Design cars.​

What do aerospace engineers do? A. Design dams. B. Design machines. C. Design planes Design cars.