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Kryger [21]
3 years ago
12

A book publisher has fixed costs of $380,000 and variable costs per book of $11.00. the book sells for $27.00 per copy.

Business
1 answer:
Rus_ich [418]3 years ago
7 0

The book publisher needs 380,000 in margins on its books to cover its fixed costs.

The publisher makes a profit of 27-11= 16 dollars per book. This is the book’s contributing margin.

To break even, the profits on the books must equal the fixed costs.

380,000 / 16 =23,750
The firm must sell 23,750 books to break even. 

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If the price of a $10,000 par Treasury bond is $10,275.00, the quote would be listed in the newspaper as ________.
scoray [572]

Answer:

Hence, the quote that should be listed in the newspaper is 102.024

Explanation:

The computation of the quote that should be listed in the newspaper is shown below:

Quote would be listed is

= $10,275 ÷ $10,000 × 100

= 102.75

= 102 : 0.75 × 32

= 102.024

Hence, the quote that should be listed in the newspaper is 102.024

hence, the same is to be considered by taking all the information given in the question

7 0
3 years ago
Sean works for Cash'n'Carry, a payday loan company. He has been asked to develop an ethical mission statement to reassure custom
soldi70 [24.7K]

Answer:

c. Emphasis on ethics

Explanation:

Sean has been tasked with developing a ethical mission statement with a view of reassuring customers on predatory lending practices.

This is a renewed emphasis on the ethics of the company and by so doing it will reassure the company is aware of the ethical practice in this regard and that they are pledging to act ethically.

Ethics is defined as the process of systemising and recommending concepts of right and wrong. It is also called moral philosophy.

4 0
3 years ago
Which of the following is most necessary for specialization among producers to take place? A. Free trade B. Competition C. Scarc
Lelu [443]
I think the answer is C, Scarcity.

But it depends, are you talking about plants or the consumer market? Because there also is specialization that occurs in flora species as well.

But I hope this helps!
6 0
4 years ago
Read 2 more answers
Cash flows from investing activities include all of the following except:
astra-53 [7]

Answer:

(D) Cash proceeds from borrowing

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets. It also includes collections on loans and  Cash advance to borrowers

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

Options A, B, and C are the investing activities whereas option D is financing activities.

5 0
3 years ago
You are given the following information concerning Parrothead Enterprises:
Alenkinab [10]

Answer:

7.85%

Explanation:

Face value of bond =$2000

Price of current bond= face value× 106.5% = $2130

Term= 25 years×2= 50 period

Coupon rate= 7%×1/2= 3.5%

Coupon amount= coupon rate×face value = $2000×3.5/100

         =$70 for a period

YTM of bond= [coupon amount+ (maturity value-current price)/Term]/0.6×current price+0.4×maturity value]

YTM of bond= 6.487% per annum

Total market value of bond= 8,400bonds× $2130= $17,892,000

Market value of common stock= 275,000shares × 62.50= $18012500

Weight of common stock= 0.490009385

Weight of preferred stock= 0.023259294

WACC= Wd* Kd + Wc*Kc + Wp*Kp

= 0.486731321× 4.86525% +

0.490009385× 10.9624275+

0.023259294× 4.7368421%

=7.849%

= 7.85%(rounded)

Thus, WACC is 7.85%

3 0
4 years ago
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