Luxe Jewelry Co. wants a markup of 30% based on the selling price for a new gold necklace. If the company paid $6,300 for the necklace, how much should it be sold for to achieve the desired markup? a. $9,000.00 b. $8,142.86 c. $8,190.00 d. $7,500.00
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- The markup on a new diamond ring should be 28% based on the selling price. If the seller paid $7,325.00 for one, then how much should it be sold for to achieve the desired markup? a. $6,033.33 b. $4,550.00 c. $10,173.61 d. $5,000.00 General Accounting? SolutionAccounting Problem: The markup on a new diamond ring should be 28% based on the selling price. If the seller paid $7,325.00 for one, then how much should it be sold for to achieve the desired markup? a. $6,033.33 b. $4,550.00 c. $10,173.61 d. $5,000.00
- a. what is the EOQ for a firm that sells 5,000 units when the cost of placing an order is $5 and the carrying cost are $3.50 per unit? b. how long will the EOQ last? how many orders are placed annually? c. as a result of lower interest rates, the finnancial manager determines the carrying cost are now $1.80 per unit. what are the new EOQ and annual number of objects?Consider a firm with a contract to sell an asset for $154,000 five years from now. The asset costs $90,000 to produce today. a. Given a relevant discount rate of 13 percent per year, calculate the profit the firm will make on this asset. (A loss should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. At what rate does the firm just break even? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Firm's profit (loss) b. Break-even rate %Your storage firm has been offered $95,400 in one year to store some goods for one year. Assume your costs are $96,700, payable immediately, and the cost of capital is 8.4%. Should you take the contract? The NPV Will Be $______ (Round to the nearest cent)
- ACME Company is interested in buying a new machine that costs $500,000. year 1 ncf = 126,800 year 2 ncf = 160,670 year 3 ncf = 155,731 year 4 ncf = 144,916 year 5 ncf = 183,065 and the discount rate is 10%. Using the valuation tools, (payback, discounted payback, NPV, IRR, PI), recommend if the company should invest in this machine.Your factory has been offered a contract to produce a part for a new printer. The contract would last for three years, and your cash flows from the contract would be$5.01milion per year. Your upfront selup costs to be ready to produce the part would be$7.97million. Your discount rate for this contract is8.1%. a. What is the IRR? b. The NPV is$4.92million, which is positive so the NPV rule says to accept the project. Does the IRR rule agree with the NPV rule?Honda Motor Company is considering offering a $1,000 rebate on its minivan, lowering the vehicle's price from $31,000 to $30,000. The marketing group estimates that this rebate will increase sales over the next year from 25,000 to 29,000 vehicles. Suppose Honda's profit margin with the rebels is 15.000 per vetide What will be the benefit of the rebate? A. $24 million B. $25 million OC. $5 million OD. $20 million
- Deutsche Transport can lease a truck for four years at a cost of €38,000 annually. It can instead buy a truck at a cost of €88,000, with annual maintenance expenses of €18,000. The truck will be sold at the end of four years for €24,500. Ignore taxes. a. What is the equivalent annual cost of buying and maintaining the truck if the discount rate is 12%? Note: Do not round intermediate calculations. Enter your answer in euros. Round your answer to the nearest whole number. b. Which is the better option: leasing or buying? a. Equivalent annual cost b. Better optionK Your factory has been offered a contract to produce a part for a new printer. The contract would last for 3 years and your cash flows from the contract would be $4.91 million per year. Your upfront setup costs to be ready to produce the part would be $8.07 million. Your discount rate for this contract is 8.3%. a. What does the NPV rule say you should do? b. If you take the contract, what will be the change in the value of your firm? a. What does the NPV rule say you should do? The NPV of the project is 5 million (Round to two decimal places)1. Subject : - Finance