1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kirill115 [55]
3 years ago
8

Last year Emery Industries had $450 million of sales and $225 million of fixed assets, so its FA/Sales ratio was 50%. However, i

ts fixed assets were used at only 65% of capacity. If the company had been able to sell off enough of its fixed assets at book value so that it was operating at full capacity, with sales held constant at $450 million, how much cash (in millions) would it have generated
Business
2 answers:
AfilCa [17]3 years ago
8 0

Answer:

Cash generated is 78.75 Million

Explanation:

Sales= $450  Million

Fixed Assets= $225  Million

% of capacity utilized. . 65%

Sales at full capacity = actual sales/%of capacity used = 692.31 millions dollars .

Target FA = Full capacity FA/sales = FA/Capacity sales = 32.50%

(225*65% = 146.25, 146.25/450 = 32.50%)

Optimal FA = sales * targeted FA/Sales Ratio = 450*32.50% = 146.25

Cash Generated = Actual FA-optimal FA = 225-146.25 = 78.75 millions dollars

cupoosta [38]3 years ago
6 0

Answer: $78.75

Explanation:

Sales $450 Fixed assets $225 % of capacity utilized 65% Sales at full capacity = Actual sales/% of capacity used = $692 Target FA/Sales ratio = Full capacity FA/Sales = FA/capacity sales = 32.50% Optimal FA = Sales ´ target FA/Sales ratio = $146.25 Cash generated = Actual FA – Optimal FA = $78.75

You might be interested in
What is the net pay?​
viva [34]

Answer:

its the last one i think

Explanation:

6 0
3 years ago
can someone recommend me some research topics for economics.would really appreciate if it is in a list​
dexar [7]

Explanation:

here are some research topics for economics::

1. The effect of income changes on consumer choices

2. The effect of labor force participation on the economy and budget – A comparison

3. The impact of marital status on the labor force composition: A case of [your country] economy

4. The difference in the consumption attitude in [your country] over the last decade – Critical analysis of consumer behavior trends

5. The relationship between salary levels and ‘economic convergence’ in [your country]?

6. Analyzing salary inequalities in [your country] and the forces behind such inequalities.

7. The evolution of consumption in [your country] over the last 10 years: Trends and consumer behavior.

8. Dynamics of the Gini index as a reflection of the problem of inequality in income 

9. Cashless economy: The impact of demonetization on small and medium businesses

10 Privatization of Public Enterprises and its implications on economic policy and development

5 0
3 years ago
Groupong Inc. recently paid a $2.78 annual dividend on its common stock. This dividend increases at 3.50 percent per year and th
liq [111]

Answer:

c) 11%

Explanation:

The question is to determine the rate of return on Groupong Inc's

The rate of return represents an investment's net gain or net loss calculated over a period of time and usually expressed in terms of the percentage of the initial cost of investment.

The rate of return in this question is calculated as follows:

Rate of Return = (The Dividend for the next year/ the current price of the share) + The Growth rate

The dividend for the next year = current year dividend x (1+r), where r is 3.5

= 2.78 x (1+0.035)

=2.78 x 1.035

= (2.8773/38.3) + 0.035

=0.1101 or 11%

5 0
3 years ago
Sheridan Company used high-low data from June and July to determine its variable cost of $12 per unit. Additional information fo
Vinvika [58]

Answer:

See below

Explanation:

June 37,600 - 2,300 = 35,300

July 17,200 - 600 = 16,600

5 0
3 years ago
Some people will obtain a bachelor’s degree with a focus in fashion design. Then to increase their skill set, they may also obta
Norma-Jean [14]

Answer:

Masters

Explanation:

A Bachelor's degree refers to an academic degree (certificate) awarded to a student by a tertiary institution (university or college) after the completion of his or her educational programme. Bachelor's degree is generally being referred to as first degree because it is the first certification to be acquired by an undergraduate student after the completion of his or her course of study. Mostly, a bachelor’s degree program lasts for four (4) years and in some cases it is typically for five (5) years.

The second (next) degree a graduate obtains after the acquisition of a first degree (bachelor degree) is the master's degree. The advantage of a master degree is that, it can be obtained in a different academic field such as science, engineering, education etc.

Hence, some people will obtain a bachelor’s degree with a focus in fashion design. Then to increase their skill set, they may also obtain a masters in a different degree like marketing.

5 0
3 years ago
Read 2 more answers
Other questions:
  • When someone comes to your web site through an ad campaign, leaves the site, and then comes back later by another link or search
    7·1 answer
  • Lang Warehouses borrowed $146,960 from a bank and signed a note requiring 10 annual payments of $19,032 beginning one year from
    7·1 answer
  • ​Historically, stocks have delivered a​ ________ return on average compared to Treasury bills but have experienced​ ________ flu
    5·1 answer
  • How does NAFTA's elimination of 20% of Mexican tariffs on U.S. cars affect the United States?
    12·1 answer
  • The following costs result from the production and sale of 4,900 drum sets manufactured by Tight Drums Company for the year ende
    8·1 answer
  • Suppose a recent and widely circulated medical article reports new benefits of exercise. Simultaneously, the price of the parts
    9·1 answer
  • People with a bachelor's degree or higher have unemployment rates that are about half the unemployment rate of people with just
    9·1 answer
  • If aggregate quantity demanded is greater than aggregate quantity supplied at a particular price level, then
    6·1 answer
  • By identifying and investing early in a potential future economic star, international firms can ________ and gain experience in
    11·1 answer
  • Microbiotics currently sells all of its frozen dinners cash-on-delivery but believes it can increase sales by offering supermark
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!