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kvasek [131]
3 years ago
13

Cabell Products is a division of a major corporation. Last year the division had total sales of $28,540,000, net operating incom

e of $2,597,140, and average operating assets of $5,708,000. The company's minimum required rate of return is 10%. The division's margin is closest to: Multiple Choice 20.0% 45.5% 9.1% 91.0%
Business
1 answer:
natulia [17]3 years ago
3 0

Answer:

9.1%

Explanation:

With regards to the above, margin is computed as;

Margin = (Net operating income ÷ Sales) × 100

Given that:

Net operating income = $2,597,140

Sales = $28,540,000

Margin = ($2,597,140 ÷ $28,540,000) × 100

Margin = 9.1%

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_____ is the act of negotiating with employers regarding employment issues by employees who are members of a union.
jek_recluse [69]

Answer:

Collective bargaining

Explanation:

Collective bargaining is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more.

3 0
2 years ago
A bank loaned out ​$19 comma 00019,000​, part of it at the rate of 7 %7% per year and the rest at 15 %15% per year. If the inter
Alla [95]

Answer:

Explanation:

Let x be the amount loaned at 7% and ($19,000 - x) be the amount loaned at 15%

Given:

Interest incurred at 7%, I1 + Interest incurred at 15%, I2 = $2000

Interest, I = amount × rate

I1 = 7/100 × x

I2 = 15/100 × ($19,000 - x)

From the above expressions,

(0.07)x + (0.15) × ($19,000 - x) = $2,000

Solving for x,

0.07x + 2850 - 0.15x = 2000

Collecting like terms,

0.08x = 850

x = $10625

The amount loaned at 7% interest is

$10625

The amount loaned at 15% interest is ($19000 - $10625)

= $8375

6 0
3 years ago
What are some reasons why the budget deficit and non budgeted spending have been adding more than $500 billion to the national d
bogdanovich [222]
There are numerous reasons, things like war, immigration, increased poverty, or things like unpredictable natural disasters. When a hurricane strikes and destroys entire cities and housing it has to be fixed quickly and that is spending that was not planned since you can't expect things like that. Wars often cost much more than what was planned because bad things happen and they need to be fixed. Immigration can lead to an increase in social welfare spending since not all immigrants find a job quickly and establish themselves in the society.
6 0
3 years ago
Help with these 3 economics questions plzzzz
Firlakuza [10]

Answer:

3

Explanation:

Various educators teach rules governing the length of paragraphs. They may say that a paragraph should be 100 to 200 words long, or be no more than five or six sentences. But a good paragraph should not be measured in characters, words, or sentences. The true measure of your paragraphs should be ideas.

5 0
3 years ago
Dobles Corporation has provided the following data from its activity-based costing system: The Assembly Cost Pool has a total co
Harrizon [31]

Answer:

A.  

$95.34 per unit

Explanation:

activity cost pool     total cost(a)       total activity(b)        activity rate

assembly                  $228060         180000 hours             $12.67

processing oders       $34068             1200 orders             $28.39

inspection                   $125560           1720 hours                 $73.00

Cost per activity is obtained by dividing total cost for each activity pool with its respective total activity. Cost per activity is helpful to identify the total cost allocated to each activity.

particulars               expected activity         per activity rate    total cost

assembly                  460 hours                     $12.67                  $5828.20

processing orders    80 orders                      $28.39                 $2271.20

inspection                   10 hours                       $73.00                  $730.00

manufacturing overhead                                                            $8829.40

Manufacturing overhead is the other costs that are neither direct material cost and nor direct labor cost. Here we add the total cost incurred in each cost pool to arrive at manufacturing overhead of $8,829.40. The manufacturing overhead incurred is allocated to each cost pool as per the activity and per activity rate.

manufacturing overhead per unit = manufacturing overhead/total units produced

= $8829.40/420

= $21.02

product cost per unit = direct material per unit + direct labor per unit + manufacturing overhead cost per unit

                                    = $48.96 + $25.36 + $21.02

                                    = $95.34

Therefore, the unit product cost of product D28K is closest to $95.34

8 0
3 years ago
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