Answer:
Explain your statistics.
Explanation:
Considering the situation mentioned in the question that is McDonald’s has sold over 100 billion hamburgers. Since each McDonald’s burger (with the bun) is about 2 inches thick, 100 billion hamburgers stacked on top of each other would reach over 3 million miles¾fifteen times as far as the moon. In this context i would like to present in my textbook Explain your statistics.
Answer:
lifetime annuity with period certain settlement option
Explanation:
Based on the specifications that Tom is looking for, he should consider the lifetime annuity with period certain settlement option. This is an annuity that pays a benefit to the annuitant until death, but with a period certain option, the estate's beneficiary will continue to receive annuity payments until the specified timeframe of the period certain expires. Which would meet the requirements that Tom is looking for.
Answer: $205,100
Explanation:
Cost of materials is the total amount spent on the materials that were used for production in the current period.
Formula is:
= Beginning raw material inventory + Raw material purchases - Ending raw material inventory
= 53,200 + 210,000 - 58,100
= $205,100
Answer:
The correct answer is A. Orlando, Inc. incurred more debt specifically in its revolving line of credit.
Explanation:
The formula for the times interest-earned (TIE) ratio is:
TIE = Earnings Before Interest and Tax / Total Interest Payable
This ratio would decrease when the company's earnings decrease or when its interest payable increases, or when both occur simultaneously.
Considering option A, if Orlando Inc. incurs more debt in its revolving line of credit, it means it has to pay more interest. Therefore, when the company's Earnings Before Interest and Tax remain constant while its Total Interest Payable rises, its TIE ratio would fall.
This is exactly what happens as Orlando Inc.'s TIE ratio falls from 20.56 in 2018 to 7.35 in 2019. Hence, option A is correct. Options B to D would either cause the TIE ratio to rise or remain unaffected.
Answer:
Contribution margin per unit = $7.8
Contribution Margin Ratio = 60% or 0.6
Total contribution margin at 2250 units = $17550
Explanation:
The unit contribution is the difference in the unit selling price and unit variable cost for a product.
The unit contrbution margin for Red Hawk = 13 - 5.2 = $7.8 per unit
The contribution margin ratio simply represents the unit contribution margin as a percentage of selling price.
The contribution margin ratio = contribution margin per unit / selling price per unit
For Red Hawk CM Ratio = 7.8 / 13 = 0.6 or 60%
Total Contribution margin at 2250 units = 7.8 * 2250 = $17550