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Firdavs [7]
3 years ago
11

Home Appliances Co. wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is

$85. The required investment is $3,500,000. Unit sales are expected to be 300,000 and the minimum required rate of return on all investments is 15%. Compute the target cost per iron.
Business
1 answer:
malfutka [58]3 years ago
5 0

Answer:

<u>The target cost per iron= $83.25</u>

Explanation:

Profit Required = Required Investment * required rate of return

= $ 3,500,000*15%

= $ 525,000

Sales= 300000*85=$25,500,000.00

Less: profit required=$525,000.00

Cost= Sales- Profit

Cost=24,975,000.00

Per Unit Target Cost = Total Cost / Total Units

= $ 24,975,000/ 300,000

= $ 83.25

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Terminating an employee for the use of illegal drugs is an example of a(n) _____ turnover. retentive external voluntary absentee
klasskru [66]

Answer:

involuntary

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Involuntary turnover happens when an employee is dismissed from a position and asked to leave. In that respect, employees may be expelled for several reasons, usually for deficient performance and inadequate behavior. In contrast, voluntary turnover occurs when employees quit and the company wishes to keep them.

3 0
3 years ago
Trevor Price bought 10-year bonds issued by Harvest Foods fi ve years ago for $936.05. Th e bonds make semiannual coupon payment
balu736 [363]

Answer: 11.14%

Explanation:

Buying price of bond = $936.05 -PV

Years investment held = n= 5*2

Rate of the Coupon = C = 8.4%

Frequency of payment = m= 2

Annual coupon = $1,000 × (0.084/2) = $42

Realized yield = i

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Enter N= 10, PMT = $42, PV= -$936.05$, FV = 1,048.77

Answer 5.425%

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5 0
2 years ago
How can a manager use a value chain to improve a company?
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3 0
3 years ago
Maritza is trying to understand the relationship between what is legal and what is ethical. Tiffany explains that both of these
Lubov Fominskaja [6]

My response would be Tiffany is incorrect; a manager's actions can be legal but ethically questionable.

Ethics is a set of morals expected to be imbibed an followed by members of a particular profession. An action is considered legal if the action is in line with what is set forth is the laws set forth.

An action can be legal but not ethical but all ethical actions are legal. Consider a trader in a developing economy. In that country, there is no law prohibiting insider trading so it is legal to carry out insider trading. Even though it is legal, it is ethically wrong to conduct insider trading because a party would be advantaged to the detriment of other people.

Here are the options:

  1. Tiffany is correct; law and ethics are synonymous and should be used interchangeably in business.
  2. Tiffany is correct; whatever is legal is always ethical in business.
  3. Tiffany is incorrect; a manager's actions can be legal but ethically questionable.
  4. Tiffany is incorrect; there is no relationship between laws and ethics except when the board of directors approve an action.

To learn more, please check: brainly.com/question/13015186

6 0
2 years ago
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