The formula for the calculation is
<u>CM ratio = Unit contribution margin ÷ Unit selling price
</u>
The break-even in monthly dollar sales is closest to $578,100
Explanation:
The formula for the calculation is
<u>CM ratio = Unit contribution margin ÷ Unit selling price
</u>
<u></u>
<u>Given that </u>
<u>Selling price of the product=</u>$185.00 per unit
variable cost=$55.50 per unit
fixed expense=$404,670 per month
<u></u>
= ($185.00 per unit − $55.50 per unit) ÷ $185.00 per unit
= $129.50 per unit ÷ $185.00 per unit = 0.70
<u>Dollar sales to break even = Fixed expenses ÷ CM ratio
</u>
= $404,670 ÷ 0.70
= $578,100
The break-even in monthly dollar sales is closest to $578,100
Answer: b. 34.15 or higher
Explanation:
Short sales refer to the sale of borrowed stocks in anticipation that the stock price of the underlying stock will fall. This will then enable you to make a profit by buying the cheaper shares and giving it back to the entity you borrowed from thereby making a profit.
With short sales, the price is usually upward trending so will normally increase from the last price. As the last price here was $34.15, that would be the likely minimum for the next sale.
This means that the next sale will either be at a price of $34.15 or a price higher than that.
A savings account is a savings account
Answer:
the portfolio's return will be Ep(r)= 9.2 %
Explanation:
if the stock lies on the security market line , then the expected return will be
Ep(r) = rf + β*( E(M)- rf)
where
Ep(r) = expected return of the portfolio
rf= risk free return
E(M) = expected return of the market
β = portfolio's beta
then
Ep(r) = rf + β*( E(M)- rf)
E(M) = (Ep(r) - rf ) / β + rf
replacing values
E(M) = (Ep(r) - rf ) / β + rf
E(M) = ( 17.2% - 3.2%) /1.4 + 3.2% = 13.2%
since the stock and the risk free asset belongs to the security market line , a combination of both will also lie in this line, then the previous equation of expected return also applies.
Thus for a portfolio of β=0.6
Ep(r) = rf + β*( E(M)- rf) = 3.2% + 0.6*(13.2%-3.2%) = 9.2 %
Ep(r)= 9.2 %
Answer:
d. interpersonal justice
Explanation:
Interpersonal justice -
It refers to the practice of treating the people with proper respect and dignity , is referred to as interpersonal justice .
In case of any harmful , serious condition or activity , the practice of communicating or resolving the issue with the people in a very kind and respectful manner , is the sign of an intelligent or smart person .
Hence , from the given scenario of the question ,
The correct option is d. interpersonal justice .
