The <span>Equal Employment Opportunity Commission (EEOC).</span>
To find: Breakeven point (in units)
Given: Number of hams sold = 11000
Sales revenue = $220,000
Variable cost = $55,000
Fixed cost = $24,000
Solution: Break-even point (in units) can be calculated as:-
Fixed costs / (sales price per unit-variable costs per unit)
Fixed costs = $24,000
Sales price per unit = total sales revenue/number of units = 220000/11000 =
$20
Variable costs per unit = total variable cost/number of units = 55000/11000 = $5
Putting values in the formula,
=24000 / (20-5)
=24000/15
=1600
Breakeven point (in units) = 1600 units
Answer:
The current share price is $74.62.
Explanation:
The constant growth model of the DDM requires is used to estimate the fair price per share of a stock based on the expected dividends that it will pay in future when these dividends are growing at a constant rate. The formula for this model is,
Price today = D1 / r - g
Where,
D1 is the dividend in year 1
r is the required rate of return
g is the growth rate in dividends
However as the company will pay dividends from year 10. Thus, the D10 will 14.
The value of the stock at year 9 will be,
Price at year 9 = 14 / (0.125 - 0.06)
Price at year 9 = $215.38
We will discount this by the required rate of return to calculate the present value.
Present price per share = [(14 / (0.125 - 0.06)) / (1+0.125)^9]
Present prie per share = $74.617
Answer:
Supply curve or Supply schedule
Explanation:
A supply curve is a graphical presentation of the relationship between the price of a product, and the quantity suppliers are willing to sell in the market. It shows the different volume suppliers are happy to sell at different prices. A supply curve slopes from the bottom moving upwards showing how quantity supplied increases as price rises.
The supply schedule shows much quantity suppliers are willing to sell in the market at different prices. The supply presents this information in a table format. Both supply curves and supply schedule give the same information. While the supply curve is a graphical presentation, the supply schedule presents the same data in a table format.
