A new product, an automated crepe maker, is being introduced at Miyake Corporation. At a selling price of $52 per unit, management projects sales of 38,000 units. Launching the crepe maker as a new product would require an investment of $228,000. The desired return on investment is 20%. The target cost per crepe maker is closest to:___________.
Noreen rechecks 2017-04-04
a) $66.61
b) $62.63
c) $54.20
d) $50.80

Answers

Answer 1

Answer:

d) $50.80

Explanation:

The computation of the target cost per crepe maker is as follows:

But before that

Return per unit is

= ($228,000 × 20%) ÷ 38,000  units

= $1.20

Now  

The target cost per crepe maker is

= $52 - $1.20

= $50.80

hence, the target cost per crepe maker is $50.80

Therefore the correct option is d.

And all the other options are incorrect


Related Questions

If a 3D printer increased in cost at exactly the inflation rate, what was the inflation rate if the printer costs exactly twice as much now as it did 10 years ago?

Answers

Answer:

7.18% per year

Explanation:

Calculation for the inflation rate

Using this formula

Inflation rate =1(1 + f)^10 =2

Inflation rate = (1 + f) =2^0.1

Inflation rate=( 1.0718f-1)*100

Inflation rate = 0.0718 *100

Inflation rate=7.18%

Therefore the inflation rate will be 7.18% per year

Apt Adapt Inc. is formed to coordinate the design and delivery of projects and products to help communities cope with the effects of climate change. The stated purpose is to have a material positive impact on society and the environment, and to make a profit. Apt Adapt is:_______
a) a nonprofit corporation.
b) not a corporation.
c) a benefit corporation.
d) a public corporation.

Answers

Answer:

c) a benefit corporation.

Explanation:

A benefits corporation is the corporation that creates a positive impact on the society and its well being. The directors and the officers of this corporation would operate the business with the similar authority and behavior as done in the traditional corporation but the decision impact affect not only the shareholders but also the employees, customers etc

So as per the given situation, the correct option is c.

A provider of oil for home heating systems is offering $100 off its first delivery to new customers. This is an example of which sales promotion tactic?
a. Contest
b. Free gift with purchase
c. Bonuses
d. Push money

Answers

Answer:

b. Free gift with purchase

Explanation:

The promotion tactic that the provider is trying to use is a Free gift with purchase. This is because by making your first every purchase the company is basically gifting you a certain amount of money through a discount of your purchasing total. Companies tend to do this in order to attract customers through the enticement of free money or products/gifts. They are able to do this because a single purchase will make them more profit than they are wasting on the gift and can lead to recurring customers.

The stable and predictable base of deposited funds that are not highly sensitive to movements in market interest rates but tend to remain with the bank are called:

Answers

Answer:

Core deposits.

Explanation:

The stable and predictable base of deposited funds that are not highly sensitive to movements in market interest rates but tend to remain with the bank are called core deposits.

Basically, this type of deposit gives rise to a stable source of money (funds) used for lending by financial institutions such as banks to its customers. Core deposits include all active accounts by customers, certificate of deposits, money market deposits, time deposits, demand deposits, etc.

The main purpose of the core deposits is to ensure there are predictable costs and it can be used to measure a customer's loyalty.

You own a stock that had returns of 8.40 percent, −6.30 percent, 21.40 percent, and 14.30 percent over the past four years. What was the geometric average return for this stock?
a. 8.36%
b. 8.96%
c. 9.45%
d. 10.24%
e. 9.83%

Answers

Answer:

b. 8.96%

Explanation:

As per given data

Year ____ Returns

_1 ______ 8.40%

_2 ______-6.30%

_3 ______21.40%

_4 ______14.30%

Now Use following formula to calculate the geometric average

Geometric Average = [tex]\sqrt[4]{x1 . x2 . x3 . x4}[/tex] - 1

Where

X1 = 8.40%

X2 = -6.30%

X3 = 21.40%

x4 = 14.30%

Placing value sin the formula

Geometric Average = [tex]\sqrt[4]{(1 + 0.0840) . (1 + (-0.0630)) . ( 1+ 0.214) . (1 + 0.143)}[/tex]  - 1

Geometric Average =  8.96%

Type the correct answer in the box. Spell all words correctly.

Identify the buying or selling process described in the given scenario.

Donna runs a men's apparel manufacturing company. She is reviewing the different suppliers who can supply her company with the required
raw materials.

Donna is going to engage in
buying ______?

Answers

Explanation:

Donna is going to engage in

buying raw materials?

A medical doctor is involved in a $1 million malpractice suit. He can either settle out of court for $250,000 or go to court. If he goes to court and loses, he must pay $825,000 plus $175,000 in court costs. If he wins in court the plaintiffs pay the court costs. Identify the actions of this decision-making problem. Remember, what an action is, something that the decision maker decides to do...

Answers

Answer:

there are two different actions in this decision making problem:

action 1: go to court and defend himselfaction 2: settle out of court and pay money to the plaintiff

Explanation:

When you are solving a problem and need to make to a decision, the actions are the result of what decision you finally decided to make. In this case, the doctor can decide to go to court or not. If he decides to go to court, he will have to defend himself in court. If he decides not to go to court, he will need to settle with the plaintiff without engaging in a court trial.

EASY ANSWER
You should plan to arrive _____ minutes early for an interview.

fifteen
ten
twenty
five

Answers

Answer:

10 or 15 bc of my mom

Explanation:

Answer:

Fifteen

Explanation:

an increase In long run aggregate supply can be expected to _______ the price level and ______ the natural rate of unemployment.​

Answers

Answer:

fall is the answer for both blanks

Paris operates a talent agency as a sole proprietorship,and this year she incurred the following expenses in operating her talent agency.What is the total deductible amount of these expenditures?
$1,000 dinner with a film producer where no business was discussed
$500 lunch with sister Nicky where no business was discussed
$700 business dinner with a client but Paris forgot to keep any records (oops!)
$900 tickets to the opera with a client following a business meeting
A) $450.
B) $900.
C) $1,100.
D) $1,200.
E) $0

Answers

Answer:

A) $450.

Explanation:

The computation of the total deductible amount of the expenses is as follows:

In the case of the deduction with respect to the meal cost and entertainment. Only the half of the expense would be deducted i.e. for the business meeting

As in the question the opera tickets is $900 so the half of $900 i.e. $450 would be allowed as a deduction

Therefore the correct option is A.

Zwick Company bought 25,500 shares of the voting common stock of Handy Corporation in January 2021. In December, Handy announced $202,700 net income for 2021 and declared and paid a cash dividend of $3.00 per share on all 202,500 shares of its outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2021 would be:

Answers

Answer:

$76,500

Explanation:

Zwick Company owns 25,500 shares of Handy Corporation, which represents 25,500 / 202,500 = 12.59% of all common stocks. Since Zwick influence over Handy is not significant, all dividends received will be directly considered dividend revenue.

total dividends received = $3 per share x 25,500 shares = $76,500

Getting certain advanced certifications can require ______.
a.
Passing knowledge tests
b.
Years of experience
c.
Extensive training
d.
All of the above

Answers

Answer:

d. All of the above

Explanation:

Advanced certificate programs as the name entails are only for professionals who are established in their careers line. Ordinary or new professionals cannot get this certificate as it requires experiences and job test to acquire the certificate. Passing knowledge tests, years of experience and extensive training are all requisite to possess to be able to acquire advance certificate.

Answer:

d all of the above. HOPE THIS HELPS!!

Explanation:

Juan purchases an annuity for 3890 dollars that will make 19 annual payments, the first to come in one year. If the effective rate of interest is 10.8 percent, how much is each annual payment?

Answers

Answer:

489.92  

Explanation:

The formula for the  present value of an ordinary annuity below can be used to determine the size of annual payment wherein  the formula is rearranged to make annual payment the subject of the formula:

PV=Annual payment*(1-(1+r)^-n/r

PV=price paid today=3,890

Annual payment= the unknown

r=effective rate of interest=10.8%

n=number of annual payments expected=19

3,890=Annual payment*(1-(1+10.8%)^-19/10.8%

3,890=Annual payment*(1-(1.108)^-19/0.108

3,890=Annual payment*(1-0.142476931 )/0.108

3,890=Annual payment*0.857523069 /0.108

Annual payment=3,890*0.108/0.857523069

Annual payment= 489.92  

If the expected earnings per share are $12, what is the implied value of the ROE on future investment opportunities?

Answers

Answer:

15%

Explanation:

The computation of the implied value of the ROE is as follows:

As we know that

Growth rate = (RoE) × (1 - dividend payout ratio)

where,

The Growth rate is 5%

Dividend payout ratio = dividend per share ÷ earning per share

= $8 ÷ $12

= 66.66667%

Now

Growth rate = ROE × retention ratio

5% = ROE × (1 - dividend payout ratio)

5% = ROE × (1 - 0.666667)

ROE = 5% ÷ 1 - 0.666667

= 5% ÷ 0.333333

= 15%

mr kleaners acquired new industrial washing mavhine,the list price price of which was 52000.the supplier allowedva tade discount of 4000 off the list price.on delivery the cost of installing the machine in its desire location was 950
what is the cost if machine to be capitalised in the machinery account​

Answers

Answer:

I think its $48,950.

Explanation:

you subtract 4,000 from 52,000 which is 52,000 - 4,000 = 48,000.

then you will add that extra $950 getting you a total of $48,950.

if I'm wrong I'm sorry I'm not that good at math.

Which of the following colors is highly variable and can be either cool or slightly warm, depending on how it is used?

Answers

Explanation:

Dark blue with dark red

Only consumers benefit from government enforcement of contracts

Answers

Answer:

not true many people benfit most of all us!

Explanation:

Please help me Im stuck on this

Answers

It is a stock. C. The answer is stock

Hsu Company reported the following on its income statement:
Income before income taxes $300,441
Income tax expense 90,132
Net income $210,309
An analysis of the income statement revealed that interest expense was $73,659. Determine Hsu Company's times interest earned ratio.
a. 2.86 times
b. 4.08 times
c. 1.86 times
d. 5.08 times

Answers

Answer:

d. 5.08 times

Explanation:

The computation of the times interest earned ratio is as follows

Times interest earned ratio is

= (Interest expense + Income before income taxes) ÷ (Interest expense)

= ($73,659 + 300,441) ÷ ($73,659)

= 5.08 times

hence, the correct option is d.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Zoom, Inc. makes a sale for $600. The company is required to collect sales taxes amounting to 7%. The journal entry to record the sale will include a: ___________.
a. credit to Cash for $642.
b. credit to Sales Revenue for $600.
c. debit to Cash for $600.
d. credit to Sales Revenue for $642.
e. debit to Sales Tax Payable for $42.

Answers

Answer:

b. credit to Sales Revenue for $600.

Explanation:

The sales tax is 7% of the sales price which is $600

Sales tax=7%*$600=$42

The journal entries for this transaction would have a debit of $642(sales price plus sales tax i.e $600+$42=$642) in the cash account and not credit as shown by option a.

Also, sales revenue would be credited with sales price of $600 while sales tax payable is credited with the amount of sales tax which is $42( not a debit as shown by option e)

State four (4) activities of services that make trade easy​

Answers

Answer:

tourism, banking , consulting, energy services

A reduction in the tax rate on pass-through business income to a maximum of 25 percent would ________ the return to entrepreneurship, and this would ________ aggregate supply.

Answers

Answer:

A reduction in the tax rate on pass-through business income to a maximum of 25 percent would ___increase_____ the return to entrepreneurship, and this would __increase______ aggregate supply.

Explanation:

This is the expected outcome that should naturally follow a tax rate reduction.  The returns available to the entrepreneurs would increase, thus, increasing the aggregate supply, since production (GDP) would increase from the increased productivity of the entrepreneur.  Then the entrepreneurs would be able to plough back some of their returns into the business.  As a result,  the overall market productivity will be increased and the goods available to the market would also increase proportionately.

Glenn is an accountant who races stock cars as a hobby. This year Glenn was paid a salary of $83,000 from his employer and won $2,300 in various races. What is the effect of the racing activities on Glenn's taxable income if Glenn has also incurred $4,500 of hobby expenses this year?

Answers

The answer is 40,000

In U.S. price support programs, the "loan rate" is:______.
a. determined by Federal Reserve policy.
b. the interest rate a farmer must pay if he borrows from the government with his crop as collateral.
c. the difference between the market price and the target price.
d. the proportion of the farmer's crop he can loan to the government.
e. the effective price (i.e. price floor) for the commodity to ensure loan repayment.

Answers

Answer: E. the effective price (i.e. price floor) for the commodity to ensure loan repayment

Explanation:

The Price Support Programm is a policy by the government that is used in order to help farmers when there's a reduction in prices of agricultural products by giving out insurance to the farmers.

In U.S. price support programs, the "loan rate" is simply the effective price (i.e. price floor) for the commodity to ensure loan repayment.

A stock has an average return of 13.6% and a standard deviation of 8.4%. In any one given year, you have a 95% chance that you will not lose more than _____% nor earn more than ____% if you invest in this security.
a. 5.2% to 22.0%.
b. 3.2% to 30.4%.
c. 3.2% to 30.4%.
d. 5.2% to 22.0%.
e. 13.6% to 38.8%.

Answers

Answer:

options B and C are identical, and they are both right.

b. 3.2% to 30.4%. c. 3.2% to 30.4%.

you have a 95% chance that you will not lose more than 3.2% nor earn more than 30.4% if you invest in this security.

Explanation:

a 95% confidence level represents approximately 2 standard deviations, so the stock could lose up to 13.6% - (2 x 8.4%) = -3.2% in the worse case scenario. You should also be able to earn 13.6% + (2 x 8.4%) = 30.4% in the best case scenario.

PLEASE HELP ME IM STUCK ON THIS

Answers

C because it’s something you pay every month
It’s C because it’s a monthly thing. You pay for it every month until it’s canceled.

the median of four numbers is 63.the three of the numbers are 60,62 and 92 what is the missing number ​

Answers

Answer: 64

Explanation:

To find the median of a number, we have to arrange the numbers that are given in either ascending or descending order.

In this case there are 4 numbers, let the fourth number be x, therefore the numbers will be:

60, 62, x and 92.

Since they are four numbers, the median will be the addition of the 2nd and 3rd number and then divided by 2. This will be:

(62 + x) / 2 = 63

62 + x = 126

x = 126 - 62

x = 64

The missing number is 64

Last year, Big W Company reported earnings per share of $2.70 when its stock was selling for $40.50. If its earnings this year increase by 10% and the P/E ratio remains constant, what will be the price of its stock?

Answers

Answer: $‭44.55‬

Explanation:

P/E ratio last year = Market price / Earnings per share

= 40.50/2.70

= 15

PE ratio remains constant.

Earnings increase by 10% = 2.70 * 1.10 = $‭2.97‬

15 = Market Price / 2.97

Market Price = 15 * 2.97

= $‭44.55‬

Which management function is also a financial responsibility

A.planning
B.organizing
C.staffing
D.coordinating
E.controlling

Answers

I think it's A) Planning

Answer:

The CORRECT answer is...... Staffing

Explanation:

Look at the picture

When the grocery store orders a large shipment of chocolate candy just before Valentine's Day, this type of inventory is typically called:_______
A. Smoothing Inventory
B. Hedge Inventory
C. Cycle Stock
D. Transportation Inventory
E. Anticipation Inventory

Answers

Answer:

E. Anticipation Inventory

Explanation:

In the case when the grocery store wants to order for a big chocolate shipment prior to the valentine day so there the inventory type would be anticipation inventory as it represents the demand anticipation for the forthcoming event i.e. valentine day

So the same is to be considered

Hence, the correct option is E

And, the other options are incorrect

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