The number of dollar sales to be achieved to reach the goal is $287,600
<h3>
What is a dollar?</h3>
- The official money of the United States of America is the USD (United States dollar).
- One hundred cents make up one dollar, often known as the U.S. dollar. It is distinguished from other currencies based on the dollar by the symbol $ or US$.
- The U.S. dollar, which is considered a standard, is the most widely used money in transactions globally. In addition, it is used as the official currency in several regions outside of the U.S., while many others use it alongside their own as an unofficial currency.
We have the following details:
Fixed Cost = $ 39,800
Earning Required = $71,900
Hence
Contribution Required= Fixed Cost+Earning Required
Contribution Required = ($39,800+$71,900)
Contribution Required = $ 111,700
We use then the following formula:
Contribution Margin ratio = Contribution Margin/Sales
25%= $ 109,900/Sales
Sales = $ 109,900/25%
Sales = $287,600.
The number of dollar sales to be achieved to reach the goal is $287,600
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A cash dividend is a payment made from the corporation's current earnings or accumulated profits to stockholders in general.
<h3>What is Cash dividend?</h3>
A cash dividend is a payment made from the corporation's current earnings or accumulated profits to stockholders in general. Instead of being distributed as a stock dividend or another kind of value, cash dividends are paid in cash.
Typically referred to as dividends, cash dividends are a distribution of a corporation's net income. Dividends are comparable to the draws and withdrawals made by a solo proprietor. The income statements will not include the withdrawals and dividends because they are not expenses.
You must have the stock in your demat account on the record date of the dividend issue in order to be eligible for dividends. To ensure that the stocks are delivered to your demat account by the record date, you should have purchased the stock at least one day before the ex-date.
Hence, The last day to purchase the stock and receive the dividend is 2 business days prior to record date or the 18th. Ex date - or the very first day the stock trades without the value of the dividend - is the 19th.
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Answer:
The correct answer is project A, B and D.
Explanation:
According to the given scenario, the given data are as follows:
Low risk WACC project = 8%
Average risk WACC project = 10%
High risk WACC project = 12%
As the company always prefer the projects that exceeds the WACC projects.
So,
- Project A has 15% which exceeds the high risk WACC project.
- Project B has 12% which exceeds the average risk WACC project
- Project C has 11% which does not exceeds the high risk WACC project, hence it is not the correct answer.
- Project D has 9% which exceeds the low risk WACC project.
CPI does not fully account for such changes in consumer behavior is called
substitution bias
Explanation:
- When the price of gasoline rises, some consumers begin riding their bikes more frequently or riding the bus instead of driving their cars. The fact that the CPI does not fully account for such changes in consumer behavior is called substitution bias
- Substitution bias describes a possible bias in economic index numbers
- If the consumer behavior do not incorporate data on consumer expenditures going from relatively more expensive products to cheaper ones as prices will change.
- Substitution bias is the price of a products when the consumer basket increases substantially, consumers tend to substitute lesser priced alternatives.
- Substitution bias is a genuine problem with a price index. Consumers can substitute goods in response to price changes.
Answer:
A budget is how much you can spend
Explanation:
what i mean by that is lets say you want to buy a house for 250 thousand dollars that is your budget
