Answer:
b.112.3 days
Explanation:
The computation of the number of days' sales in inventory for the year is shown below:
Day inventory outstanding = {(Beginning inventory + ending inventory) ÷ 2}÷ cost of goods sold × number of days in a year
= {($200,000 + $140,000) ÷ 2} ÷ ($552,500) × 365 days
= ($170,000) ÷ ($552,500) × 365 days
= 112.3 days
Answer:
Selling price= $51.48
Explanation:
Giving the following information:
Direct materials $16
Direct labor $5
Variable manufacturing overhead $9
Variable selling and administrative expenses $6
To compute the total cost per unit, we will use the variable costing approach. We will only compute the variable costs.
Total cost per unit= $36
Selling price= $51.48
Answer:
Before-tax cost of debt ⇒ A. The interest rate the firm must pay on new long-term borrowing.
This refers to the interest rate that a firm will pay on long term borrowing as compensation to the lenders for lending the company some funds.
Cost of preferred stock ⇒ C. rate of return investors require based on the preferred stock dividend.
The cost of the preferred stock is the rate of the preferred dividend that investors require they are paid every year if dividends can be paid and sometimes even when it cannot.
Cost of Common Stock ⇒ B. the rate of return on retained earnings, and adjusted for flotation costs .
Commons stock costs is the required return on the retained earnings of a company.
WACC ⇒ D. the average cost of raising new financing.
Weighted Average Cost of Capital (WACC) represents the total cost of raising capital for the company as it incorporates the costs of debt, preferred stock and common stock.
Answer:
Step 1:
Start by setting it up with the divisor 20 on the left side and the dividend 16 on the right side like this:
2 0 ⟌ 1 6
Step 2:
The divisor (20) goes into the first digit of the dividend (1), 0 time(s). Therefore, put 0 on top:
0
2 0 ⟌ 1 6
Step 3:
Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer below the dividend.
0
2 0 ⟌ 1 6
0
Step 4:
Subtract the result in the previous step from the first digit of the dividend (1 - 0 = 1) and write the answer below.
0
2 0 ⟌ 1 6
- 0
1
Step 5:
Move down the 2nd digit of the dividend (6) like this:
0
2 0 ⟌ 1 6
- 0
1 6
Step 6:
The divisor (20) goes into the bottom number (16), 0 time(s). Therefore, put 0 on top:
0 0
2 0 ⟌ 1 6
- 0
1 6
Step 7:
Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer at the bottom:
0 0
2 0 ⟌ 1 6
- 0
1 6
0
Step 8:
Subtract the result in the previous step from the number written above it. (16 - 0 = 16) and write the answer at the bottom.
0 0
2 0 ⟌ 1 6
- 0
1 6
- 0
1 6
You are done, because there are no more digits to move down from the dividend.
The answer is the top number and the remainder is the bottom number.
Therefore, the answer to 16 divided by 20 calculated using Long Division is:
0
16 Remainder
Explanation:
Answer:
5,409 books
Explanation:
to calculate break even point in units we can use the following formula:
break even point in units = total fixed costs / contribution margin per unit
- total fixed costs = $53,000
- contribution margin per unit = sales price - variable costs = $12 - $2.20 = $9.80
break even point in units = $53,000 / $9,80 = 5,408.16 ≈ 5,409 books
in $, that would equal = 5,409 books x $12 per book = $64,908
