Managers are often evaluated by their employees. Employees who report to a manager are known as Blank_____

Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a

LUCKY_DIMON [66]

Answer:

A. 37,500 balls

B.2.67

Explanation:

A. Compution for the CM ratio and the break-even point in balls.

First step is to calculate the Contribution margin

Selling price $25 100%

Variable expenses $15 60%

Contribution margin $10 40%

($25-$15)

Now let calculate the CM ratio and the break-even point in balls using this formula

Unit sales to break even=Fixed expenses/Unit contribution margin

Let plug in the formula

Unit sales to break even=$375,000/$10

Unit sales to break even= 37,500 balls

Therefore the CM ratio and the break-even point in balls will be 37,500 balls

b. Computation for the degree of operating leverage at last year

Using this formula

Degree of operating leverage =Contribution margin/Net operating income

Let plug in the formula

Degree of operating leverage=$600,000/$225,000=

Degree of operating leverage = 2.67 (rounded)

Therefore the degree of operating leverage at last year will be 2.67

5 0

3 years ago

The Atlanta Braves signed an outfielder to a five-year contract. The contract calls for the following cash flows: a signing bonu

Aleonysh [2.5K]

Answer:

$63.56 million

Explanation:

We are to find the present value of the cash flows in order to determine the value of the contract today

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 0 = $4.00 million

Cash flow in year 1 = $12.09 million

Cash flow in year 2 = $13.36 million

Cash flow in year 3 = $14.17 million

Cash flow in year 4 = $15.26 million

Cash flow in year 5 = $16.43 million

I = 6%

Present value = $63.56 million

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

6 0

3 years ago

Brevard Company uses the weighted-average method in its process costing system. The Packaging Department started the month with

kipiarov [429]

Answer:

For conversion costs, the equivalent units of production are 1,610 units. The right answer is B

Explanation:

According to the given data we have the following:

begging work in progress = 280 units

units started=1450 units

Therefore, total input= 280 units + 1450 units

Total input = 1730 units

There is end work in process of 120 units

Therefore, the equivalent units of production are=Total input-end work in process

The equivalent units of production=1,730 units-120 units

The equivalent units of production=1,610 units

For conversion costs, the equivalent units of production are 1,610 units

4 0

3 years ago

Shelby purchased 100 shares of ABCD Growth fund for $10.00 per share. She had income dividends of $15, capital gain distribution

a_sh-v [17]

Answer:

Percentage of total return on Investment = <em>ROI = 17% </em>

Explanation:

Let’s

ROI = Return on Investment = ?

D = Dividends = $15

CGD = Capital Gain Distributions = $35

CGS = Capital Gain on Sale = $120

SP = Shares Purchased = 100

CS = Cost per share = $10.00

ROI = (D + CGD + CGS) / (SP * CS)

ROI = ($15 + $35 + $120) / (100 * $10.00)

ROI = 170 / 1,000

ROI = 0.17

Percentage: 0.170 x 100%

8 0

3 years ago

Read 2 more answers

Ruth wants to calculate the present value of a sum of money that she will receive after the demise of her grandparents. to calcu

MatroZZZ [7]

To calculate the present value. she should use the DISCOUNTING METHOD.
The discounting method is a valuation technique that is used to calculate the value of an investment opportunity. The method uses cash flow projections that does not take the future into consideration and discount them to get the present value estimates.

7 0

3 years ago

Managers are often evaluated by their employees. Employees who report to a manager are known as Blank______.