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3 years ago

What is cost plus pricing?

Business

1 answer:

Reptile [31]3 years ago

7 0

Answer:

Cost-plus pricing is a pricing strategy in which the selling price, of goods and services, is determined by adding a specific fixed markup percentage to a singular product's unit cost.

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g The Morrit Corporation has $960,000 of debt outstanding, and it pays an interest rate of 8% annually. Morrit's annual sales ar

harina [27]

Answer:

6.21%

Explanation:

The computation of the times interest earned ratio is given below:

As we know that

Times interest earned ratio = EBIT ÷ Interest

Now for determining this, following calculations must be done:

The interest is

= $960,000 × 8%

= $76,800

Net profit

= Annual sales × net profit margin

= $6,000,000 × 0.05

= $300,000

Now the pre tax income is

= net income ÷ ( 1 - tax rate)

= $300,000 ÷ (1 - 0.25)

= $400,000

Now the EBIT is

= Pre tax income + interest expense

= $400,000 + $76,800

= $476,800

So, the TIE ratio is

= $476,800 ÷ $76,800

= 6.21%

3 0

3 years ago

Even though commercial airlines have excellent safety records, in the weeks following a crash, airlines often report a drop in

Verizon [17]

Answer:

A) There is no such thing as the "Law of Averages." The overall probability of an airplane crash does not change due to recent crashes.

Explanation:

This is the complete question below;

Even though commercial airlines have excellent safety records, in the weeks following a crash, airlines often report a drop in the number of passengers, probably because people are afraid to risk flying. A travel agent suggests that since the Law of Averages makes it highly unlikely to have two plane crashes within a few weeks of each other, flying soon after a crash is the safest time. What do you think?

Choose the correct answer below.

A. There is no such thing as the "Law of Averages." The overall probability of an airplane crash does not change due to recent crashes.

B. The "Law of Averages" states that outcomes must even out in the short run. This means that the overall probability of an airplane crash is higher due to recent crashes.

C. The "Law of Averages" states that outcomes must even out in the short run. This means that the overall probability of an airplane crash is lower due to recent crashes.

D. The "Law of Averages" does not apply to this situation. The overall probability of an airplane crash does not change due to recent crashes.

We are informed from the question that commercial airlines have excellent safety records, in the weeks following a crash, airlines often report a drop in the number of passengers, probably because people are afraid to risk flying. A travel agent suggests that since the Law of Averages makes it highly unlikely to have two plane crashes within a few weeks of each other, flying soon after a crash is the safest time.

In this case, There is no such thing as the "Law of Averages." The overall probability of an airplane crash does not change due to recent crashes.

There was fact that the commercial airlines has excellent safety records in the past and there is a crash after the following week, all these doesn't have any connection with people flying soon after a crash because they think is the safest time.

5 0

3 years ago

Financial security begins with adequate insurance protection and a savings program. true or false

AleksAgata [21]

True becuase saving and insurance are safe

3 0

3 years ago

When purchasing a dishwasher a manager can tell if it is in compliance with the regulatory authority by?

katrin2010 [14]

When purchasing a dishwasher a manager can tell if it is in compliance with the regulatory authority by? Appliances have to be compliant with federal regulations. To check if a dishwasher is in compliance, a manager can make sure there are NSF seals or ANSI certifications on the dishwasher.

5 0

4 years ago

A firm sells two products, Regular and Ultra. For every unit of Regular sold, two units of Ultra are sold. The firm's total fixe

LuckyWell [14K]

Answer:

the firm must sell 37,443 units of Regular and 74,886 units of Ultra

Explanation:

Regular - unit sales price= $20; Variables costs per unit = $8

Ultra - unit sales price= $24; Variables costs per unit = $4

combined contribution margin:

1 unit of regular = $20 - $8 = $12
2 units of ultra = $48 - $8 = $40
total = $52

break even point = total fixed costs / combined contribution margin = $1,947,000 / $52 = 37,442.31 ≈ 37,443 units

the firm must sell 37,443 units of Regular and 74,886 units of Ultra

6 0

3 years ago