Regrind, Inc. regrinds used typewriter platens. The cost per platen is $2.30. The fixed cost to sells the reground platens for $ run the grinding machine is $162 per day. If the company 4.30, how many must be reground daily to reach the break-even point?
Q: You have decided to purchase a new car that costs $44,500. You need to make a 20% down payment, then…
A: Present value of annuity is computed as follows:-PV = A * wherePV = Present value of annuityA =…
Q: The Saleemi Corporation's $1,000 bonds pay 6 percent interest annually and have 11 years until…
A: The face value of the bond is $1,000.The coupon rate is 6%.The maturity is 11 years.The price of the…
Q: Consider a firm that had been priced using a 6 percent growth rate and a 9 percent required rate.…
A: Required Return = 9%Growth Rate = 6%Recent Dividend = $0.50
Q: £4,000 is invested at time t=0 and a further 12,000 at t=6. Calculate the value of the fund at the…
A: The FV of an investment refers to the combined worth of the cash flows assuming that they grow to…
Q: ccelerated methods of depreciation result in greater depreciation allowances than straight-line…
A: In the accelerated method of depreciation the depreciation rate is double that of straight line…
Q: investor can design a risky portfolio based on two stocks, A and B. The standard dev ock A is 20%,…
A: The weights of assets A & B in minimum variance portfolio is given by the expressions below. The…
Q: How much money have you made or lost?
A: The relative worth of two currencies, or the amount of one currency that may be exchanged for one…
Q: Mobray Corp is experiencing rapid growth. Dividends are expected to grow at a rate of 20% for the…
A: Current dividend = $3Growth rate = 20% for 3 years and 5% from thereonRequired return = 10%
Q: Full Boat Manufacturing has projected sales of $124.5 million next year. Costs are expected to be…
A: Here,Revenue $ 124.50Cost $ 74.40Growth Rate 14%Decline in Growth Rate 2% every year till 6%…
Q: You expect a stock to pay annual dividends of $1.39. $1.16, and $1.87 in each of the next three…
A: The price of a stock is equal to the present value of the expected dividend and the terminal value.
Q: k options granted to almost all employees of the firms. What is the rational for offering stock…
A: Stock option is a financial instrument which is similar in providing the features of stocks. Stock…
Q: Thai Savings Bank issues bonds as an initiative to increase domestic saving. The bonds have a face…
A: The price of a bond is equal to the present value of coupon payments and the face value of the bond.
Q: what is your yield to maturity?
A: Yield to maturity of the bond is the annual return that a bond holder would receive if the held the…
Q: An enterprise needs to make the following annuity payments into a private pension fund: £1100 paid…
A: The payment are made at the beginning of the each year. Therefore, there is an annuity due. The…
Q: t is no correct, can you try again, please
A: Future value of the amount is the amount of deposit made and amount of interest accumulated over the…
Q: A 100-year corporate bond has a coupon rate of 5% with monthly payments. If interest rates drop to…
A: Compound = Monthly = 12Time = t = 100 * 12 = 1200Coupon Rate = 5 / 12 %Interest Rate = r = 4 / 12…
Q: Highway 65, Incorporated, is going to elect Seven board members next month. Marisol owns 17.3…
A: Variables in the question:No. of board members to be elected next month=7
Q: Derek borrows $305,963.00 to buy a house. He has a 30-year mortgage with a rate of 5.49%. After…
A: Present value refers to the current date value of all the future and terminal cash flows. Cash flows…
Q: Assume a company started and completed numerous jobs during July-one of which was Job Z. The company…
A: The predetermined overhead rate for machining department is The predetermined overhead rate for…
Q: You just inherited some money, and you decide to put $70,000 in an account that pays 3.25% interest,…
A: Given:P = $70,000r = 3.25% or 0.0325 in decimaln = 10 years
Q: b. Cost of equity c. Cost of equity d-1. WACC d-2. WACC 9.76 % 12.15 X % % %
A: We can determine the cost of equity using the formula below:Then we can determine the WACC using the…
Q: You are told that the nominal rate of interest is 3.46% per quarter year payable monthly. Calculate…
A: Nominal Rate of Interest = r = 3.46%Interest rate compound = rc = Quarterly = 4Payable Compound = pc…
Q: Meacham Enterprises' semi-annual bonds currently sell for $1,280 and have a per value of $1,000.…
A: Compound = Semiannually = 2Face Value = fv = $1000Coupon Payment = pmt = $67.5Time for Called = nper…
Q: e MoMi Corporation's cash flow from operations before interest and taxes was $3.8 million in the…
A: Free cash flow is the cash flow which is available for the firm to distribute to the shareholders.…
Q: Union Local School District has bonds outstanding with a coupon rate of 4.6 percent paid…
A: Compound = Semiannually = 2Coupon Rate = 4.6 / 2 = 2.3%Time = t = 21 * 2 = 42Yield to Maturity = r =…
Q: Jensen Inc. has total equity of $70 billion and 670 million shares outstanding. Its ROE is 18.32%.…
A: Total Equity = e = $70 billionNumber of Share = n = 670 millionReturn on Equity = roe =…
Q: pensi What is the total amount they have to repay in 2020?
A: We can determine the OAS clawback amount using the formula below:
Q: The portfolio on the Capital Allocation Line (CAL) that has an expected return of 20% invests weight…
A: Risk and return are essential financial principles. The term “risk” refers to the uncertainty and…
Q: Given the information below for StartUp Co., compute the expected share price at the end of 2020…
A: Share price of 2020 = SPS of 2019 * Average price to SPS ratio *(1+Average growth of SPS)
Q: A firm has 4000m in balance sheet debt (book value is equal to market value in this case) and 1000m…
A: WACC is cost of capital of company and is weighted cost of equity and weighted cost of debt and is…
Q: The measure of risk for a security held in a diversified portfolio is: Specific risk. Standard…
A: The portfolio of securities can be called diversified as the portfolio designer includes the…
Q: Required: What is the expected return and standard deviation for the minimum-variance portfolio of…
A: A minimum variance portfolio is a concept in modern portfolio theory (MPT) that refers to a specific…
Q: Common size Net sales Cost of sales Gross profit Selling, general and administrative expenses Other…
A: A Common-Size Income Statement is a financial statement that expresses each line item as a…
Q: What is the tax exempt equivalent yield on a 8% bond yield given a marginal tax rate of 25%? O 6.00%…
A: Tax-exempt yield can be referred to as the yield on the security that an investor may enjoy after…
Q: Building a zero-investment portfolio will always involve a. only long positions b. only short…
A: The portfolio is an important part of financial decisions because it is said to be the different…
Q: If you are a mortgage lender, what is the most you are willing to lend a borrower today in the…
A: Present value is the current value of future amount received at some specified rate of interest for…
Q: If the yield on a 5-year Treasury bond is 7.38% and the yield on a 6-year Treasury bond is 7.88%,…
A: Yield on 5-year Treasury bond = 7.38%Yield on 5-year Treasury bond = 7.88%Inflation in 6 years = ?
Q: The half-yearly nominal rate of discount convertible monthly is 5.2%. Calculate the force of…
A: Force of interest rate is the effective rate at which the nominal rate of interest is compounded…
Q: Salad Daze maintains an inventory of produce worth $550. Its total bill for produce over the course…
A: COGS = $79,000 (given total bill for produce over the year)Average Inventory = $550 (assuming it's…
Q: The trustees of the Danube School of Art and Music, located in Tuttlingen, Germany, are considering…
A: The IRR of a project refers to the measure of the profitability of the project by finding the…
Q: Assume the return on a market index represents the common factor and all stocks in the economy have…
A: Expected Profit = (Weighted Alpha of Positive-Alpha Stocks - Weighted Alpha of Negative-Alpha…
Q: Risk and Rates of Return; Risk in Portfolio Context holding a partfilio with the following You are…
A: The portfolio require return is calculated with the help of CAPM equation
Q: The following figures show the optimal portfolio choice for two investors with different levels of…
A: The red curve is the indifference curve. The green curve is the efficiency frontier and the black…
Q: bond has a coupon rate of 5.63 percent, it makes semiannual payments, and there are 2 months to the…
A: Invoice price is the sum of the clean price + accrued interest on bond till date.
Q: Given the information below for HooYah! Corporation, compute the expected share price at the end of…
A: Here,…
Q: Your company is preparing for a bid to supply garden tools to Garden Pro, Inc. The contract calls…
A: NPV means Net present value.It is a capital budgeting technique used for making investment…
Q: 2. Suppose call and put prices are given by: Strike Call Premium Put Premium 80 22 4 100 9 21 105 5…
A: The put and call options are called as derivative securities as their prices are derived from…
Q: Calculate the amount of each automatic withdrawal, assuming the withdrawals are made at the end of…
A: We can determine the semimonthly amount using the formula below:In the formula above r = periodic…
Q: Answer is complete but not entirely correct. Bond price 9,637.52X S
A: Bonds issued by reputable entities with strong credit ratings, such as government bonds or…
Q: Ho is now saving his money HK$2000 per month in a regular savings account of HSBC which offers him…
A: Effective Annual Rate represents the annual interest rate on an investment or loan, taking into…
![321 3089 .E noitesh
3) Regrind, Inc. regrinds used typewriter platens. The cost per platen is $2.30. The fixed cost to
run the grinding machine is $162 per day. If the company sells the reground platens for $
4.30, how many must be reground daily to reach the break-even point?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff73336ba-b7a2-41c3-9bb8-e711f85d25de%2Fd56edf5c-fdad-474c-a8de-fc70912df32e%2F891ppdc_processed.jpeg&w=3840&q=75)
![](/static/compass_v2/shared-icons/check-mark.png)
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
- 7)Carmen Co. can further process Product J to produce Product D. Product J is currently selling for $20 per pound and costs $15.75 per pound to produce. Product D would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. What is the differential revenue of producing Product D? a. $18.00 per pound b. $6.25 per pound c. $22.25 per pound d. $6.75 per pound 8)Falcon Co. produces a single product. Its normal selling price is $30 per unit. The variable costs are $19 per unit. Fixed costs are $25,000 for a normal production run of 5,000 units per month. Falcon received a request for a special order that would not interfere with normal sales. The order was for 1,500 units with a special price of $20 per unit. Falcon has the capacity to handle the special order, and for this order, a variable selling cost of $1 per unit would be eliminated. Should the special order be accepted? a. yes b. There would be no difference in accepting or rejecting the…Answer the following question Required Dowling Computers makes 5,100 units of a circuit board, CB76, at a cost of $290 each. Variable cost per unit is $190 and fixed cost per unit is $100. HT Electronics offers to supply 5,100 units of CB76 for $270. If Dowling buys from HT it will be able to save $20 per unit of fixed costs but continue to incur the remaining $80 per unit. Should Dowling accept HT's offer? Explain. Dowling Computers makes 5.100 units of a circuit board, CB76, at a cost of $290 each. Variable cost per unit is $190 and fixed cost per unit is $100, HT Electronics offers to supply 5.100 units of CB76 for $270, If Dowling buys from HT it will be able to save $20 per unit of fixed costs but continue to incur the remaining Ş80 per unit. Should Dowling accept HT's offer? Explain. Begin by calculating the relevant cost per unit. (Only complete the necessary answer boxes.) Make Buy Relevant costs: Unit relevant cost Dowling Computers should V HT's offer. When comparing relevant…ABC Enterprise produces marker pens. The enterprise has a fixed cost of 600,000. Each marker pen sells for 20.00 with a variable cost of 8.00 per pen. How many marker pens must they sell to break-even?
- Markson and Sons leases a copy machine with terms that include a fixed fee each month plus acharge for each copy made. Markson made 9,000 copies and paid a total of $480 in January. In April, they paid $320 for 5,000 copies. What is the variable cost per copy if Markson uses the high-low method to analyze costs?Markson and Sons leases a copy machine with terms that include a fixed fee each month of $500 plus a charge for each copy made. The company uses the high-low method to analyze costs. If Markson paid $360 for 5,000 copies and $280 for 3,000 copies, how much would Markson pay if it made 7,500 copies?Answer the following questions. Required 1. Deibler Computers makes 5,600 units of a circuit board, CB76, at a cost of $210 each. Variable cost per unit is $150, and fixed cost per unit is $60. HT Electronics offers to supply 5,600 units of CB76 for $185. If Deibler buys from HT, it will be able to save $25 per unit of fixed costs but continue to incur the remaining $35 per unit. Should Deibler accept HT's offer? Explain. 2. QT Manufacturing is deciding whether to keep or replace an old machine. It obtains the following information: (Click the icon to view the information.) QT Manufacturing uses straight-line depreciation. Ignore the time value of money and income taxes. Should QT replace the old machine? Explain. A Requirement 1. Deibler Computers makes 5,600 units of a circuit board, CB76, at a cost of $210 each. Variable cost per unit is $150, and fixed cost per unit is $60. HT Electronics offers to supply 5,600 units of CB76 for $185. If Deibler buys from HT, it will be able to…
- XYZ manufactures a computer stand. It has fixed costs of $600,000 and each stand sells for $90, with a variable cost of S$ 48 per unit. Determine the sales value that XYZ manufactures will have to reach if it is to make $20,000 profit per period. a. 12,917 b. 14762 C. 11,920 d. 728,00012. DETAILS HARMATHAP12 1.6.023. MY NOTES Electronic equipment manufacturer Dynamo Electric, Inc. makes several types of surge protectors. Their base model surge protector has monthly fixed costs of $1360. This particular model wholesales for $12 each and costs $3.50 per unit to manufacture. (a) Write the function for Dynamo's monthly total costs. C(x) = (b) Write the function for Dynamo's monthly total revenue. R(x) = (c) Write the function for Dynamo's monthly profit. P(x) = (d) Find the number of this type of surge protector that Dynamo must produce and sell each month to break even. surge protectorsSheridan Recreation Products sells the Amazing Foam Frisbee for $19. The variable cost per unit is $6; fixed costs are $26,000 per month. (a) Your Answer Correct Answer Your answer is correct. What is the breakeven point in units? In sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round answers to O decimal places, eg. 5,275) The breakeven point The breakeven sales (b) eTextbook and Media Solution $ eTextbook and Media Save for Later 2000 frisbees 38000 How many frisbees must Sheridan sell to earn $39,000 in monthly operating income? (Round answer to O decimal places, eg. 5,275) frisbees Attempts: unlimited Attempts: unlimited Submit Ar (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above.
- Maple Inc. manufactures a product that costs $25 per unit plus $43,000 in fixed costs each month. Maple currently sells 6,000 of these units per month for $47 each. If Maple leased a machine for $12,000 a month, it could add features to the product that would allow it to sell for $53 each. It would cost an additional $9 per unit to add these features. How much would Maple's profit be affected if it leased the machine and added features to its product? Multiple Choice Increase $252,000 Decrease $252,000 Increase $6,000 Decrease $30,000Juniper Enterprises sells handmade clocks. Its variable cost per clock is $14.00, and each clock sells for $28.00. The company's fixed costs total $17,766. Suppose that Juniper raises its price by 40 percent, but costs do not change. What is its new break-even point? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.) New break-even UnitsYou are considering opening a copy service in thestudent union. You estimate your fixed cost at $15,000 and thevariable cost of each copy sold at $.01. You expect the sellingprice to average $.05.a) What is the break-even point in dollars?b) What is the break-even point in units? PX• • S7.23 An electronics firm is currently manufacturing anitem that has a variable cost of $.50 per unit and a selling priceof $1.00 per unit. Fixed costs are $14,000.