Hudson Co. reports the contribution margin income statement for 2019.HUDSON CO.Contribution Margin Income StatementFor Year Ended December 31, 2019Sales (10,700 units at $300 each)Variable costs (10,700 units at $240 each)Contribution marginFixed costs$3,210,0002,568,000642,000504,000$ 138,000Pretax incomeIf the company raises its selling price to $320 per unit.1. Compute Hudson Co's contribution margin per unit.2. Compute Hudson Co's contribution margin ratio.3. Compute Hudson Co's break-even point in units.4. Compute Hudson Co's break-even point in sales dollars.1.Contribution marginper unit2.Contribution margin ratio...Next

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Answered: Hudson Co. reports the contribution…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Copy equipment was acquired at the beginning of the year at a cost of $72,000 that has an estimated residual value of $9,000 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 1,000,000 copies. This year, 315,000 copies were made. a. Determine the depreciable cost.$fill in the blank 1 b. Determine the depreciation rate. Round your answer to three decimal places.$fill in the blank 2 per copy c. Determine the units-of-output depreciation for the year.$fill in the blank 3
A perpetuity costs $302.07 and makes annual payments at the end of the year. The perpetuity pays $1 at the end of year 1. $2 at the end of year 2, ..., and Sn at the end of year n, After year n, the payments remain constant at n. The annual effective interest rate is 4.5%. Calculate n.
You are considering the purchase of a property today for $300,000. You plan to finance it with an 80 percent loan. The appreciation rate on the property value is expected to be 4 percent annually for the next three years. a. Calculate the expected average annual appreciation in home equity (EAHE). b. Approximate the expected annual average rate of appreciation on home equity for the next 3 years. c. What if you now think that a $300,000 purchase price may be somewhat high and that if you pay this price, the expected appreciation rates in your house price will be as follows: year 1= 0%, year 2= 2%, year 3= 3%. How will your answers to parts (a) and (b) change?
Cacy Textiles to measure its cost of common stock equity. The firm’s stock is currently selling for $57.50. The firm expects to pay a $3.40 dividend at the end of the year (2013). The dividends for the past 5 years are shown in the following table. A. Determine the growth rate of dividends from 2008 to 2012. Format: 1.111 B. Determine the net proceeds, Nn, that the firm will actually receive. Format: 11 C. Using the constant-growth valuation model, determine the cost of retained earnings, rr. Format: 11.11% D. Using the constant-growth valuation model, determine the cost of new common stock, rn. Format: 11.11%
Adams Enterprises noncallable bonds currently sell for $910. They have a 15-year maturity, an annual coupon of $85, and a par value of $1,000. What is their yield to maturity?
Statistics Question
The earnings, dividends, and stock price of Shelby Inc. are expected to grow at 4% per year in the future. Shelby's common stock sells for $28 per share, its last dividend was $2.50, and the company will pay a dividend of $2.60 at the end of the current year. a. Using the discounted cash flow approach, what is its cost of equity? Round your answer to two decimal places. b. If the firm's beta is 1.1, the risk-free rate is 9%, and the expected return on the market is 13%, then what would be the firm's cost of equity based on the CAPM approach? Round your answer to two decimal places. c. If the firm's bonds earn a return of 10%, then what would be your estimate of rs using the own-bond-yield-plus-judgmental-risk-premium approach? (Hint: Use the mid-point of the risk premium range.) Round your answer to two decimal places. d. On the basis of the results of parts a–c, what would be your estimate of Shelby's cost of equity? Assume Shelby values each approach equally. Round your answer to two…
4)
Bags Unlimited manufactures and markets backpacks for the youth market. Financial projections for this line of products are revenues of $1,238,000, total variable costs of $841,840 and fixed costs of $218,000. Answer each of the following independent questions. a. Compute the contribution margin. ______________________ b. Compute the contribution rate. ______________________________ c. How much of this product line does the business need to sell to break even? ___________ d. If the business was to save $56,000 in variable costs by offering fewer colors of backpacks, how much of this product line does the business need to sell to break even?
8. Calculate your pay after tax if your Gross pay is $75000 per year. The latest Federal tax bracket is as under: Federal tax rates for 2023 • 15% on the portion of taxable income that is $53,359 or less, plus • 20.5% on the portion of taxable income over $53,359 up to $106,717, plus • 26% on the portion of taxable income over $106,717 up to $165,430, plus • 29% on the portion of taxable income over $165,430 up to $235,675, plus • 33% on the portion of taxable income over $235,675
5)
PLEASE SHOW ALL WORK 9. Calculate the discount period for the bank to wait to receive its money: Date of Note Length of Note Date Note Discounted Discount Period (a) April 12 45 Days May 2 (b) March 7 120 Days June 8

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