<span>I don't think there was any official contract set in place. It says they wrote a letter and said they'd sell it before June 1st. However, this wasn't a contract. It was only a letter of information. No one had a contract so no contract could have been breached.</span>
A depreciation of the u. S. Real exchange rate induces u. S. Consumers to buy more domestic goods and fewer foreign goods.
<h3>What is depreciation?</h3>
This is a term that is used to refer to the fall in the value of a currency. It is a fall in the currency of a country compared to that of other currencies.
At a time where there is a depreciation, people would want to buy more of the goods that are made in their country.
Read more on depreciation here:
brainly.com/question/25297296
Answer:
10.23%
Explanation:
Calculation for What profit margin would the firm need in order to achieve the 15% ROE, holding everything else constant
First step is to calculate the Net income
.15 = Net income/ 375,000
Net income=.15($375,000)
Net income= $56,250
Now let calculate profit margin using this formula
Profit margin = Net Income/Sales
Let plug in the formula
Profit margin= $56,250/$550,000
Profit margin= 0.1023*100
Profit margin=10.23%
Therefore the profit margin that the firm would need in order to achieve the 15% ROE, holding everything else constant is 10.23%
Answer:
Explanation:
Giving the following information:
The firm must pay $6 million now and $4 million in one year. Two years from now the project is expected to pay back $5 million, and three years from now it is expected to pay back another $10 million.
Io= -6,000,000
1= 4,000,000
2= 5,000,000
3= 10,000,000
i=0.25
We need to use the following formula:
NPV= -Io + ∑[Cf/(1+i)^n]
Cf= cash flow
NPV= 5,520,000
The firm should do the project when the net present value is positive.
Answer:
Job 765 Job 766
Direct material $5,670 $8,900
Direct labor $3,500 $4,775
Overhead $5,400 $8,800
(27*200) (44*200)
Total Job cost $14,570 $22,475
b) Cost per unit = Total job cost/unit produced
Job 765 = $14,570/152 units
Job 765 = 95.86
Job 766 = $22,475/250 units
Job 766 = 89.90
