A buyer plans to buy designer bows at $15,000 cost with an average MU of 47%. The first purchase is for $4,500.00 at cost and $9,000.00 at retail. What must the markup on the balance of the purchases be in order to maintain the average MU percentage?

Answers

Answer 1

Answer:

24.29%

Explanation:

markup percentage = (selling price - cost per unit) / cost per unit

total markup:

0.47 = (total retail price - $15,000) / $15,000

$15,000 x 0.47 = total retail price - $15,000

$7,050 = total retail price - $15,000

total retail price = $22,050

the store already sells $9,000 worth of goods, so that means that $13,050 goods at retail price will be purchased

we repeat our formula, only that this time we will calculate the MU %:

MU % = ($13,050 - $10,500) / $10,500 = $2,550 / $10,500 = 0.2429 = 24.29%


Related Questions

AA Corporation's stock has a beta of 0.7. The risk-free rate is 6%, and the expected return on the market is 8%. What is the required rate of return on AA's stock? Do not round intermediate calculations. Round your answer to one decimal place.

Answers

Answer:

the  required return is 7.4%

Explanation:

The computation of the required rate of return is shown below:

Required rate of return is

= Risk free rate + beta × (market rate of return - risk free rate)

= 6% + 0.7 × (8% - 6%)

= 6% + 0.7 × 2%

= 6% + 1.4%

= 7.4%

Hence, the  required return is 7.4%

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

And, the same is to be considered

Answer:

7.4%

Explanation:

Risk-free rate of return: 6%

Market Rate of return: 8%

Beta: 0.7

1. Subtract the risk-free rate of return from the market rate of return.

8%-6%= 2% or .02

2. Multiply the above figure by the beta of the security.

.02 * 0.7= .014

3. Add this result to the risk-free rate to determine the required rate of return.

.014 + .06 = .074 or 7.4%

(17) 7-a A job had an observed cycle time of four minutes, a performance rating of 80 percent, and an allowance factor that was 20 percent of job time. Normal time for the job in minutes is: Group of answer choices

Answers

Answer: 3.20 minutes

Explanation:

Observed cycle time = 4 minutes.

Performance rating = 80%

Allowance factor = 20%

The normal time for the job will be calculated as the observed cycle time multiplied by the performance rating. This will be:

= 4 × 80%

= 4 × 0.8

= 3.20 minutes

The normal time for the job is 3.20 minutes.

You purchased 100 shares of common stock on margin for $35 per share. The initial margin is 60%, and the stock pays no dividend. What would your rate of return be if you sell the stock at $30 per share

Answers

Answer:

Rate of Return=-23.80%

Explanation:

Calculation for the rate of return

First step is to calculate the investment

Investment=100($35 per share )(0.60)

Investment= $2,100

Second step is to calculate gain on stock sale

Loss on stock sale = ($30 - $35)(100)

Loss on stock sale = -$500

Last step is to calculate the rate of return

Using this formula

Rate of Return =Loss on stock sale/Investment

Let plug in the formula

Rate of Return=(-$500/$2,100)

Rate of Return = -0.2380*100

Rate of Return=-23.80%

Therefore the Rate of Return will be -23.80%

Far Side Corporation is expected to pay the following dividends over the next four years: $10, $9, $7, and $2. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever. If the required return on the stock is 16 percent, what is the current share price

Answers

Answer:

$32.61  

Explanation:

The stock price is the present value of all future expected dividends plus the present value of dividend terminal value as computed below:

Present value of dividend=expected dividend/(1+required return)^n

n is the year in which the dividend is expected, for the n for a dividend of $7 is 3 since it is expected in year 3.

Terminal value=year  4 dividend*(1+growth rate)/(required return-growth rate)

Terminal value=$2*(1+6%)/(16%-6%)=$21.20

price of stock=$10/(1+16%)^1+$9/(1+16%)^2+$7/(1+16%)^3+$2/(1+16%)^4+$21.20/(1+16%)^4

price of stock=$32.61  

The cost of capital used to compute the present value of a project should be the rate that can be earned on:

Answers

Answer:

the questions are missing:

a. a financial asset of comparable risk. b. the overall market portfolio. c.the sponsoring firm's return on equity. d. a riskless asset with a similar life span. e. the sponsoring firm's return on assets.

The answer is:

a. a financial asset of comparable risk.

The cost of capital (Re) represents the opportunity cost of investing in a certain project and leaving behind other alternative projects. E.g. if we can invest in two different securities, A or B, and security A has a much lower risk than project B, then the Re or discount factor for calculating the present value of project A will be lower than the discount factor used to determine the present value of project B.

A corporation that has a diversified investment portfolio, uses different costs of capital when analyzing potential investments, e.g. investing in Swiss securities is not the same as investing in Argentinean securities, since Argentina is currently facing a great recession and has recently defaulted again on its national debt (third time in 20 years).

The cost of capital that should be used on a project should be the return on  a financial asset of comparable risk.

Cost of capital:

Is the rate of return that a project should bring in Is the opportunity cost of investing in the project in question

When a project is invested in, it means that other projects will be foregone. These projects would have been similar to the current project in terms of risk yet this current project was chose. The cost of capital should therefore reflect this opportunity cost by being the return on those projects.

In conclusion, the cost of capital is an opportunity cost.

Find out more on cost of capital at https://brainly.com/question/8287701.

____________________________ occurs when you receive a bill for $1000 and send a check for $500 to pay the invoice, write paid in full in the memo and the recipient cashed the check.

Answers

Answer:

Accord and satisfaction

Explanation:

Accord and satisfaction is the legal term that we use when two people a creditor and a debtor dispute an amount of money that the creditor lended to the debtor.

The debtor has the opportunity to come to terms with the creditor by reaching and accord and satisfaction the debtor can send a paid in full check which basically means that if the debtor cashes in that check he agrees to lower or settle for the amount the debtor has send in the check for the full amount of the debt.

So in this case the creditor will be accepting a $500 agreement with the debtor for the full $1000 debt.

A bond has a par value of $1,000, a current yield of 7.02 percent, and semiannual coupon payments. The bond is quoted at 102.73. What is the amount of each coupon payment

Answers

Answer:

Annual coupon = $36.06

Explanation:

Par value = $1,000  (Face Value)

Current yield = 7.02%

The bond is quoted at 102.73

Current price of the bond = $1,027.30  (102.73 * $1,000)

Current yield = Annual coupon / P = 7.02%

Annual coupon = P x 7.02%

Annual coupon = $1,027.30 x 7.02%

Annual coupon = $72.12

Annual coupon (after considering semi-annual payment) = $72.12 / 2

Annual coupon = $36.06

After graduation in 3 years, Antwone would like to take a much needed vacation to the Caribbean Islands. He anticipates that the all inclusive vacation package will cost him $3,000. His bank will pay 7% per year compounded semiannually. How much does he need to deposit into this account each semiannual period, so that he can take his vacation in 3 years?

Answers

Answer:

semiannual deposit= $458

Explanation:

Giving the following information:

He anticipates that the all inclusive vacation package will cost him $3,000. His bank will pay 7% per year compounded semiannually.

To calculate the semiannual deposit, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= semiannual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= {3,000*0.035) / [(1.035^6) - 1]

A= $458

In a data dictionary, data elements are combined into ____, which are meaningful combinations of data elements that are included in data flows or retained in data stores.

Answers

Answer:

Records.

Explanation:

A database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.

A data dictionary can be defined as a centralized collection of information on a specific data such as attributes, names, fields and definitions that are being used in a computer database system.

In a data dictionary, data elements are combined into records, which are meaningful combinations of data elements that are included in data flows or retained in data stores.

This ultimately implies that, a data dictionary found in a computer database system typically contains the records about all the data elements (objects) such as data relationships with other elements, ownership, type, size, primary keys etc. This records are stored and communicated to other data when required or needed.

Basically, when a database management system (DBMS) receives data update requests from application programs, it simply instructs the operating system installed on a server to provide the requested data or informations.

Assume that at the end of the next year, Company A will pay a $2.00 dividend per share, an increase from the current dividend of $1.50 per share. After that, the dividend is expected to increase at a constant rate of 5 percent. If you require a 12% return on the stock, what is the value of the stock?

Answers

Answer:

the value of the stock is $28.57

Explanation:

The computation of the value of the stock is shown below:

Value for the stock is

= Dividend for next period ÷ (Required return - Growth rate)

= $2 ÷ (0.12 - 0.05)

= $28.57

hence, the value of the stock is $28.57

We simply applied the above formula so that the value of the stock could come and the same is to be considered

A potato shortage results in an increased variable cost per potato of $.40, but selling prices remained unchanged. How many additional potatoes will the vendor have to sell to still achieve the profit objective of $750 per week

Answers

Answer: 40 potatoes

Explanation:

The number of potatoes that the vendor had to see previously to get $750 in profit is;

= (Fixed cost + Profit objective) / Contribution margin

= (600 + 750) / ( 4.90 - 1.03)

= 349 potatoes

Number of potatoes to be sold with increase in cost

= (600 + 750) / (4.90 - 1.03 - 0.4)

= 389 potatoes

Additional potatoes;

= 389 - 349

= 40 potatoes

Note : Contribution margin = Sales - Variable cost

Would it be smart to be a police or should I be something else because this all these riots going on I am really rethinking about being a police!!!!!!

Answers

Answer:

smart to be a police.......

Craig bought a new boat. He made a 19% down payment. He financed the rest through his bank for 3 years. His bank charged 5% per year compounded monthly and his monthly payments were $300. What was the original price of the boat?

Answers

Answer:

$12,357

Explanation:

we can use the present value of an annuity formula to determine the 81% of the price of the boat:

present value = monthly payment x annuity factor

monthly payment = $300PV annuity factor, 36 periods, 0.4167% = 33.3637

present value = $300 x 33.3637 = $10,009.11

this present value represents 81% of the purchase price, so the total purchase price = $10,009.11 / 81% = $12,356.93 ≈ $12,357

Question 7 of 10
Yuki is setting up a display in the hardware store where he works. What does
this activity most likely involve?
A. Stacking cartons of merchandise in a safe location
B. Arranging items on shelves at eye level
C. Sorting nuts and bolts from smallest to largest
D. Creating a special exhibit of featured products

Answers

Answer:

D. Creating a special exhibit of featured products

Explanation:

Just did a quiz.  a pex

Yuki is setting up a display in the hardware store where he works. Creating a special exhibit of featured products this activity most likely involves. The correct option is D.

What is the importance of an exhibition?

Exhibitions and events are effective marketing strategies. They provide you a chance to advertise your goods or services to an audience that may be unfamiliar with you or your business. Additionally, they provide a chance to network with both current and new clients. Continue reading to learn about more advantages of exhibitions.

Your product displays play a crucial role in attracting customers. You can easily draw customers in and emphasize your product's standout characteristics with a well-designed POP display. One risk of shopping is being lost in the sea of merchandise.

Thus, the ideal selection is option D.

Learn more about product displays exhibition here:

https://brainly.com/question/14001663

#SPJ2

Suppose you sell short Apple.Inc which is currently trading at $100 per share. You put $20,000 as cash into your brokerage account with an initial margin of 50%. The maintenance margin is 25%. a. How many shares of Apple can you sell short? (8 pts) b. How far can the stock price increase before you get a margin call? (12 pts)

Answers

Answer:

A. 400 shares

B. 400 shares

Explanation:

You can calculate the amounts required in Requirement A and B by using their formulas given below.

No.of shares you can short = Cash Available/(Initial Margin*Price per share)

No.of shares you can short = 20,000/(50%*100)

No.of shares you can short = 400 shares

Price = Amount borrowed with interest/ No. of shares) / ( 1- Maintenance margin)

Price = (20,000/400)/(1-25%)

Price = 50/0.75

Price = 66.66

Use the information below to answer the following questions. Boxwood Company sells blankets for $60 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1.
$20
Date Blankets Units Cost
May 3 Purchase 5 $ 20
10 Sale 3
17 Purchase 10 24
20 Sale 6
23 Sale 3
30 Purchase 10 30
Assuming that the company uses the perpetual inventory system sold for the sale of May 20 using the LIFO inventory cost method
a. $136
b. $144
c. $180
d. $120

Answers

Answer:

you into buisness or no i am

Explanation:

Good customer service are the number one skill for chefs? True or false

Answers

The answer is true!!

For this​ question, assume that individuals hold both currency and checkable deposits. The money multiplier is equal​ to:

Answers

Answer:

Money multiplier = 1 / C + θ(1 - c)

Explanation:

The money multiplier is the ratio of Deposits to Required reserves ratio. On any increase in deposits in commercial banks, the money multiplier measures the number of times that aggregate money supply increases in the economy as a result of the increase. The money multiplier = 1 / C + θ(1 - c). Where C denote Currency and θ(1 - c) denote Check-able deposit.

How should the assets and liabilities of Stanley be reported on the consolidated financial statements when Stanley is combined with Paxton on April 1, 2015

Answers

Answer:

At fair values at the April 1, 2015 date of the acquisition.

Explanation:

Note: The full question is attached below for understanding

As Paxton Corporation acquired all of the outstanding voting common stock of Stanley Company and Stanley will remain a separate corporation. Stanley's year-end is December 31. The acquired net assets should be reported based on when Stanley is combined with Paxton on April 1, 2015 at fair values at the April 1, 2015 date of the acquisition.

James is a salaried employee whose job is to proofread legal documents. He discovers that he is paid substantially more than his colleagues, even though their jobs and performances are very similar. What is likely to be his reaction to this discovery according to the equity theory

Answers

Options:

A) The quantity of documents he proofreads will decrease.

B) The quality of documents he proofreads will decrease.

C) The quality of documents he proofreads will increase.

D) He will seek a position within the company commensurate with his pay.

E) There will be no effect.

Answer:

C) The quality of documents he proofreads will increase.

Explanation:

According to the equity theory when employees discover that there's an inequity in they are personally treated and other employees, they will be motivated to adjust the quality of their work so they view such treatment as being fair.

Hence, James would improve the quality of documents he proofreads so that it seems he is been paid fairly.

A firm that attempts to pass along the cost of higher union wages to consumers in the form of higher prices will be more successful if the price elasticity of demand for its product is

Answers

Answer:

Inelastic

Explanation:

The consumers are very responsive to a change in price if the elasticity of demand for the product is elastic while they are not very responsive if the elasticity of demand for the product is inelastic. So in the case of inelastic if the price increases then the demand will not be much reduced and will result in increase in the total revenue.

Hence, a firm is more successful in passing the high cost to the consumer if the demand is inelastic.

Who wanna tlk to me like a RL convo?

Answers

Answer:

Me, i need a convo but not on this so, socials?

Answer:

I would me and you about scarlet i need to talk anything as you know to help me found out if she is okay

Explanation:

g Is it possible for a company to exhibit a negative EPS and thus a negative P/E ratio? No Yes Which of the following statements is true about market value ratios? High P/E ratios could mean that the company has a great deal of uncertainty in its future earnings. Low P/E ratios could mean that the company has a great deal of uncertainty in its future earnings.

Answers

Answer:

a) Yes

b) High P/E ratios could mean that the company has a great deal of uncertainty in its future earnings

Explanation:

A) Yes, a company's shares can actually exhibit a negative P/E ratio, so it's not impossible, not in the least.

B) High P/E ratios could mean that the company has a great deal of uncertainty in its future earnings because when firms have great or high P/E ratios, they are usually examined to be properties of germination. P/E ratio is calculated to be the value of the share in any contemporary time as it tends to the profits that particular company have listed as it's financial term, oftentimes, they are usually on a per-share basis.

Calculate, to the nearest cent, the present value of an investment that will be worth $1,000 at the stated interest rate after the stated amount of time. HINT [See Quick Example 4.] 5 years, at 1.2% per year, compounded weekly (52 times per year)

Answers

Answer:

$941.77  

Explanation:

The formula for present value when interest is compounded on a weekly basis is shown below:

PV=FV/(1+r/t)^(nt)

FV=future cash flow=$1000

r=interest rate=1.2%

t=number of times interest is compounded yearly=52

n=number of years prior to receiving the future amount=5 years

PV=1000/(1+1.2%/52)^(5*52)

PV=1000/(1+0.000230769 )^260

PV=1000/(1.000230769)^260

PV=$941.77  

Explain why for many mass produced goods the private marginal cost is less than 3/4 of average unsunk cost in a period that includes the year before and the year after production starts.

Answers

Answer:

Marginal cost is equal to private marginal cost. The private marginal cost is less than 3/4 of average sunk cost then the marginal returns are not equal to marginal cost.

Explanation:

Every business exist to earn profits. There will be profit maximization for a business when marginal cost equals the marginal cost. The sunk cost is not considered when analyzing a business operation as it is a cost which cannot be recovered anyway. If the sunk cost is 3/4 of average marginal cost then the returns will be lower and perfect equilibrium will not be reached.

A7X Corp. just paid a dividend of $2.40 per share. The dividends are expected to grow at 16 percent for the next eight years and then level off to a growth rate of 6 percent indefinitely. If the required return is 15 percent, what is the price of the stock today

Answers

Answer:

50.26

Explanation:

We can calculate the price of the stock by summing up the present values of all years. To calculate PV of each year we need to grow the dividend value by 6% and then multiply it to the Present value factor.

Year   D0 Value of dividend   PVF (15%)            Value

1    D1                   2.78                 0.869                         2.42

2    D2           3.23                 0.756                              2.44

3    D3            3.75                 0.657                         2.46

4    D4            4.35                 0.571                               2.48

5    D5             5.04                 0.497                         2.51

6       D6             5.85                 0.432                         2.53

7    D7             6.78                 0.375                         2.55

8    D8              7.87                 0.326                         2.57

9    D9              8.34                 0.09                      30.29

Stock value                                                          50.26

Rico's Taqueria had cash inflows from operating activities of $29,000; cash outflows from investing activities of $24,000, and cash outflows from financing activities of $14,000. Calculate the net increase or decrease in cash.

Answers

Answer:

There is net decrease of $9,000 in cash

Explanation:

Rico's Tacqueria had cash inflows from operating activities of $29,000

Cash outflows from investing activities

$24,000

Cash outflows from financing activities

$14,000

The net decrease in cash

= $29,000 - ($24,000 + $14,000)

= -$9,000

The balance is a decrease because the value of outflow is more than the inflow value.

It therefore means that there is net decrease of $9,000 in cash

ssume that you own an annuity that will pay you $15,000 per year for 12 years, with the first payment being made today. You need money today to open a new restaurant, and your uncle offers to give you $100,000 for the annuity. If you sell it, what rate of return would your uncle earn on his investment

Answers

Answer:

13.08%

Explanation:

this is an annuity due, and to determine its present value we can use the following formula:

present value = (annual payment / i) x {1 - [1 / (1 + i)ⁿ]} x (1 + i)

100,000 = (15,000 / i) x {1 - [1 / (1 + i)¹²]} x (1 + i)

The math is really complicated if you do it by hand, instead you should use a financial calculator. You would need to calculate the IRR, but the cash flows are:

first cash flow = -85,000

then 11 cash flows of 15,000 (remember that an annuity due is collected in advance)

IRR = 13.08%

b. At its best possible output level, a firm has total revenue of $6,000 per day and total cost of $10,000 per day. What should this firm do in the short run if it has total fixed costs of $3,000 per day

Answers

Answer:

Follows are the solution to this question:

Explanation:

Given value:

[tex]\to TR = \$ \ 6,000 \\\\\\to TC = \$ \ 10,000 \\\\\ \to TFC = \$ \ 3,000 \ \ \ and \ \ \ TVC = \$ \ 7,000[/tex]

It is provided that the Finn could not offset its variable advertising expenditures,  shortly it wants to shut down.

Assume that the person does not place any additional charges on the card and pays the bank $150 each month to pay off the loan. Let Bn be the balance owed on the card after n months. Find an explicit formula for Bn.

Answers

Answer:

B(n) = t - 150n

Explanation:

The following formula can be used to calculate the balance owed after a certain amount of months have passed by ...

B(n) = t - 150n

This formula basically states that the balance that is owned (B(n)) is equal to the total amount that was borrowed minus the 150 that was already paid off multiplied by the total amount of months/payments made (n). Which for example, after 5 months would be (150 * 5 = 750) $750 paid back.

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