rrent annual income is $150 of which 30% is earned through lottery winnings. If this person tends to s

Q: A company is considering whether to purchase a new machine. Machines A and B are available for…

A: NPV is also known as Net Present Value.. It is a capital budgeting technique which helps in decision…

Q: Assume that you begin saving 3% of your total income in an employer-provided retirement plan at…

A: The savings of the employee are increasing by fix rate of 2% each year, while the income is…

Q: Income statement in $ Sales COGS Gross profit 300000 Operating expenses 200000 EBIT Interest…

A: The cost of goods sold is the cost of producing or acquiring the goods sold during the year. Direct…

Q: Assume you are a salesperson earning 10 percent commission and you have sold $540,000 in products…

A: The conceptual formula used:

Q: Lamphere Lawn Care provides lawn and gardening services. The price of the service is fixed at a flat…

A: Selling price per unit: It is the price at which a unit of product is sold in the market.Variable…

Q: Calculate total revenue and fill in the table below. Price Quantity Total Revenue $50 60 $40 90

A: Introduction: Total revenues: Multiplying price with the quantities derives the Total revenues.…

Q: Exercise 1: If you know that Hind has a weekly income of 52 riyals and can spend the entire income…

A: The problem focuses on identifying the optimal conditions for maximizing the utility for the person.…

Q: 2a. Using goals seek in excel, determine the total number of units Jimmy needs to sell in March in…

A: Part 2: Approach to solving the question2a. To determine the total number of units Jim needs to sell…

Q: The returns of Company A for the last four years are Year 1=25, Year 2=29, Year 3=15, Year 4=(-8).…

A: Average return is the sum of return over the years divided by the number of years.

Q: Capital Cumulative Net Business Investment Investment Present Location Cost in $ Costs Value 1…

A: NPV of an investment proposal may be defined as the sum of the present values of all cash inflows…

Q: The owner of a bicycle repair shop forecasts revenues of $228,000 a year. Variable costs will be…

A: Income Statement: A financial statement that shows the profitability of the business in the given…

Q: A company is thinking of investing in one of two potential new products for sale. The projections…

A: Internal rate of return refers to the method which is used for calculating the rate of return over…

Q: A company is thinking of investing in one of two potential new products for sale. The projections…

A: The cost of revenue is the sum of all expenditures incurred directly in manufacturing, selling, and…

Q: A researcher wants to estimate the average monthly income of individuals in a certain city. A random…

A: We are given the average monthly income of 20 individuals. Assuming that the incomes are normally…

Q: Lamphere Lawn Care provides lawn and gardening services. The price of the service is fixed at a flat…

A: Selling price per unit: It is the price at which a unit of product is sold on the market.Variable…

Q: You have a tea stall in operation at Dhanmondi lake since 2018. Information of your business in 2019…

A:

Q: Assume that in January 2020, the average house price in a particular area was $267,500. In January…

A: The yearly increase in selling price is the percentage increase in the price of a product or asset…

Q: The Weighted Mean 2\ If a manufacturer buys 200 units at OMR 5 per unit from one supplier and 500…

A: The average unit cost is calculated as total cost of goods divided by number of units. The weighted…

Q: Find the markup rate based on selling price if the percent markup based on the cost is 14%.

A: Mark up means the gross profit margin earned on the basis of selling price or cost price. Markup on…

Q: Consumer prices rose 1.0% in May 2022 and 1.3% in June 2022. One of your relatives made the claim…

A: In finance changes in consumer prices is used as barometer of inflation. Here the consumer prices…

Q: GIVE PROPER EXPLANATION OF COST OF GOODS AND GROSS MARGIN. YOU MADE A SALE FOR $588,000. THE…

A: If you make a sale for $588,000 and the gross margin is 61%, we need to solve for what the cost of…

Q: A distribution company is considering three different alternatives to satisfy their customer's…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Suppose you sell 8,000 of the 3 pack of lenses described in question 3 above in one year. You cost…

A: Net income is the overall income earned by the company during the accounting period. It includes…

Q: Determine the customer return percent when gross sales are $138,300 and net sales are $127,430.…

A: Amount of customer return = Gross sales - net sales = $138,300 - $127,430 = $10,870

Q: U.S. Census Bureau statistics show that the annual earnings for a person with a high-school diploma…

A: IRR is the rate of return a project generates through its lifetime expressed in annual terms. It is…

Q: Suppose that we observe two comparable properties that have each sold twice within the past two…

A: Particularly when it comes to bonds and other fixed-income assets, the percentage change in interest…

Q: Assume you own a sporting goods business.  Find the selling price for a tent costing $387, based on…

A: Tent cost = c = $387 Markup = m = 25%

Q: c. Suppose the government imposes a 25 percent tax on accounting profits. This tax is levied only if…

A: Accounting profit is the profit earned from company’s financial transactions.

Q: Kate is considering expanding and bringing in several employees. To do this she will need a larger…

A: To Provide Loan to Kate, as a banker we need to evaluate the following Ratios:

Q: ercise, we consider the effects of starting early or late to save for retirement. Assume that the…

A: The retirement planning should be done based on the future requirements time value of money and…

Q: An engineer in 1950 was earning $6,000 a yaer. In 2011, she earns $60,000 a year. However, on…

A: The inflation rate is the rate at which the purchasing power of a currency falls over a period of…

Q: If the annual cost of a given good rises 2.3% per year for the next 20 years, write an equation to…

A: FV is the future worth of cash flows that have occurred in the past or present.

Q: factors that fluctuate with the economy: the contribution margin associated with each service call…

A: By assessing the extra revenue generated from possible investments, contribution margin analysis…

Q: Padere's preliminary assumptions in her income statement is that there will be an overall increase…

A: Forecasting:   Forecasting is a technique that uses historical data as inputs to make informed…

Q: A recent article stated that Portland rents dropped 3.1% each month from April 2020 through…

A: solution given Average rent in June $1606 Average rent in May ? Average rent in July…

Q: The tax rate is 20% Calculate the operating cash flow for the repair shop using the three methods…

A: Operating Cash Flow: It is the amount of cash generated by the firm from its normal business…

Q: Calculate Profit from the following data: Sales: $40000 Material cost: $10000 Labour cost: $10000…

A: The cost volume profit analysis or CVP analysis is used for the purpose of determining the effect on…

Q: 1. The company manager targets to increase the current ratio in the year (2021) by 30% out of the…

A: Total Asset Turnover Ratio = Total Sales/ Total Assets Total Assets = current assets + fixed assets…

Q: If an item will be priced according to a 55 percent gross margin and the item costs $20, use that…

A: Gross margin percent = 55% Cost of goods sold = $20