Part of the business and financing risk associated with the Genentech acquisition is that Roche's creditworthiness will be adversely affected. Roche will see an increase in debt.
Given the market conditions, now is not the right time for him to support the Genentech acquisition. Roche's bond rating is determined by its financial strength, so raising new debt would increase interest rates and borrowing costs, lowering his current AA rating to A.
Roche Holding (NASDAQ: RHHBY), in 2009 he acquired Genentech, a pharmaceutical company with three blockbuster oncology drugs, for $47 billion. When Roche business bought 56% of Genentech for $2.1 billion in 1990, "the return to Switzerland was very controversial," says Krognes. "A lot of people thought buying Junior's $2 billion biotech company was a waste of money.
Bonds are great tools for generating income and are generally considered a safe investment, especially when compared to stocks. However, investors should be aware of the potential pitfalls of owning corporate and government bonds. Below we discuss risks that may affect your hard-earned earnings.
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which age group makes up the most rapidly growing group of workers in sport within the western europe region?
The 65-and-older age group makes up the most rapidly growing group of workers in sports within the western Europe region. Here option A is the correct answer.
The demographic makeup of the sports industry can vary greatly depending on the country, the type of sport, and the specific job or role within the industry.
Additionally, the COVID-19 pandemic has likely impacted the sports industry and shifted the demographics of the workforce. It would be best to consult more recent and specific sources for the latest information on this topic.
This information could be subject to change based on various factors such as economic conditions, the evolution of the sports industry, and demographic trends.
Complete question:
Which age group makes up the most rapidly growing group of workers in sport within the Western Europe region?
A. The 65-and-older age group
B. The 15-to 29 years-old age group
C. The 30- to 45-years-old age group
D. The 46- to 64-years old age group
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Suppose the consumer's utility function is given by U(X,Y)= XY+Y. The equation for this consumer's demand curve for X when I>Px, is A) X^d = 0 B) X^d = 1/2px C) X^d=1/2px-1/2 D) X^d =1/2 E) X^d=1/px
The equation for the consumer's demand curve for X when I > Px is X^d = 1/2Px.
The demand curve for a good represents the relationship between the price of the good and the quantity of the good demanded by the consumer. The consumer's utility function, U(X,Y) = XY + Y, represents the consumer's preferences and their ability to derive satisfaction from consuming X and Y.
To determine the demand curve for X, the consumer's marginal utility of X must be calculated and equated to the price of X, which is Px. The marginal utility of X is the change in total utility that results from a small increase in the consumption of X.
The equation X^d = 1/2Px represents the consumer's demand curve for X, where X^d is the quantity of X demanded and Px is the price of X.
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not recording an accrued expense will have the following effect on the financial statements: (check all that apply). multiple select question. expenses on the income statement will be understated. liabilities on the balance sheet will be understated. liabilities on the balance sheet will be overstated. expenses on the income statement will be overstated.
Answer:
Expenses on income statement will be understated, Liabilities on the balance sheet will be understated.
What is a difficulty encountered in regulating international banking?
A) excessive deposit insurance rates on international banks
B) absence of reserve requirements
C) oppressive regulatory controls that reduce competitiveness
D) lack of funds and incentive to secure payments
E) variability in exc
This difficulty is encountered in regulating international banking is the "absence of reserve requirements". The correct option is B.
The international banking is the banking in which the amalgamation of the foreign currency the business. The international banking is included the export of credit, foreign exchange, and letters credits.
The types of international banking is to arrange trade finance, to arrange foreign exchange, to hedge the funds, and offer investment banking services.
The feature of international banking is the banking which allows the international bill payments and in regulating international banking is the absence of reserve requirements.
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What items are presented on the statement of changes on stockholder's equity?
-beginning of common stock
-ending of retained earnings
-net income
-dividends
-total stockholders equity
The statement of changes in stockholder's equity presents the changes in a company's stockholder equity over a specific period of time.
It typically includes items such as:
Beginning balance of common stock and any changes in the number of outstanding sharesNet income or loss for the periodDividends paid to stockholdersOther comprehensive incomeEnding balance of retained earningsTotal stockholder's equity at the end of the periodThis statement is important for investors as it shows how a company's equity has changed over time, which can give insights into its financial performance, stability, and ability to pay dividends and generate future earnings.
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during 2018, raines umbrella corporation had sales of $740,000. cost of goods sold, administrative and selling expenses, and depreciation expenses were $568,000, $89,000, and $130,000, respectively. in addition, the company had an interest expense of $105,000 and a tax rate of 30 percent. (ignore any tax loss carryback or carryforward provisions.) assume raines umbrella corporation paid out $20,000 in cash dividends. if spending on net fixed assets and net working capital was zero, and if no new stock was issued during the year, what is the firm's net new long-term debt?
The Company's net new long-term debt is -$47,000.
What is the amount of the company's long-term debt?Share. Sums owing by a corporation to third parties that are due after a year are referred to as long-term liabilities, sometimes known as long-term debts. This distinguishes them from current liabilities, which a company must pay off within a year. Both short-term and long-term liabilities are shown on the balance sheet.
Net A company's long-term debt is what is left after all readily available assets have been sold. The amount of net long-term debt indicates the ability of the Company to pay all of its debts if they were due today.
determination of the net new long-term debt by calculation
Sales $740,000
(-) Cost of goods sold ($568,000)
Gross profit $172,000
Administrative and selling expenses ($89,000)
Depreciation expenses ($130,000)
Earning before interest tax ($52,500)
Interest expense ($105,000)
Profit or Loss before tax ($157,000)
Less Tax 30% $0
Add Depreciation expense $130,000
Net Cash flow ($27,000)
Dividend ($20,000)
Net new long-term debt ($47,100)
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1. value chain analysis (vca) aids the strategist in mapping and understanding a firm's (potential) sources of competitive advantage by:
identifying the various activities and processes that create value for the firm and its customers. It helps to identify areas where a company can improve efficiency, reduce costs, and increase profitability, by analyzing the various steps involved in creating and delivering a product or service, from raw materials to the final customer.
identifying the various activities and processes that create value for the firm and its customers. It helps to identify areas where a company can improve efficiency, reduce costs, and increase profitability, by analyzing the various steps involved in creating and delivering a product or service, from raw materials to the final customer. The VCA also helps to identify the most valuable activities in the value chain and highlights opportunities for differentiation and creating unique value propositions.
Value chain analysis (VCA) is a method for visually examining a firm's operations to determine how the company may gain a competitive edge. The VCA will assist the business in comprehending how it adds value to something and, as a result, how it can sell its good or service for more than it costs to do so, so making a profit.
Value chain analysis, invented by Michael Porter in the 1980s, is the idea of value added in the form of a chain (or value chain). Every organization has activities and processes that interact and affect the value of the company. These procedures and actions make up the value chain of the company.
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given the payback period, would net present value (npv) or internal rate of return (irr) be likely to be useful tools for analyzing this decision? support your response.
Internal rate of return IRR is essentially the metric that would be most helpful in choosing the best investments for businesses.
This is so that it is simple to determine whether the project is running smoothly because the method looks at a company's capital budgeting and performance expressed in percentages rather than statistics. The NPV approach has an advantage over IRR in the aforementioned case since it can take into account different discount rates or different cash flow directions. Since the cash flow from each year may be discounted investments of the others, the NPV technique is more adaptable when analysing specific time periods.
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An experiment must have a placebo group in order to be valid.a. Trueb. False
Answer: True
Explanation:
when a bank makes a loan to one of its customers, to the bank the loan is classified as
- neither an asset nor a liability
- an asset
- an asset in some cases and a liability in other cases, depending on the type of loan
- a liability
When a bank makes a loan to one of its customers, to the bank the loan is classified as an asset. In this case option B is correct.
The lending of money by one or more people, businesses, or other entities to other people, businesses, or other entities is known as lending in the world of finance. The recipient, or borrower, incurs a debt and is typically responsible for paying interest on that debt until it is repaid in addition to the principal amount borrowed.
The promissory note or other document used to prove the debt will typically include information such as the principal amount borrowed, the interest rate being charged by the lender, and the due date. The subject asset(s) will be temporarily reallocated between the lender and the borrower as part of a loan.
Lenders are encouraged to make loans because of the interest they receive.
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a product sells for $750 in the united states. the exchange rate is $1 to 1.65 swiss francs. if purchasing power parity (ppp) holds, what is the price of the product in switzerland?
A product sells for $750 in the united states. the exchange rate is $1 to 1.65 swiss francs. if purchasing power parity (ppp) holds, the price of the product in Switzerland is 1200 Swiss Francs.
Purchasing Power Parity (PPP) states that the exchange rate between two countries should equal the ratio of the two countries' price levels. Therefore, if the price of the product in the United States is $750, then the price of the product in Switzerland should be equal to $750 divided by 1.65. This means that the product should cost 1200 Swiss Francs in Switzerland.
To find the exchange rate, one can divide the price of the product into the United States by the price of the product in Switzerland. Since the product in the United States is priced at $750, and the product in Switzerland is priced at 1200 Swiss Francs, then $750 divided by 1200 Swiss Francs would give us an exchange rate of 1.65.
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arianna burnett owns stock in the westlake gems company. she knows in advance that the dividend on this stock is $1.50 per share. given this, you know for sure that she purchased which type of stock?
Arianna Burnett owns stock in the Westlake gems company. she knows in advance that the dividend on this stock is $1.50 per share. given this, Marianna Burnett purchased dividend stock.
Dividend stock is a type of stock that pays a dividend to shareholders on a regular basis. Dividend stocks are issued by companies whose profits are increasing and that are committed to sharing their profits with shareholders. Dividends are usually paid out quarterly or semi-annually, and the amount of the dividend is usually based on the company’s profits and the shareholder’s ownership stake.
When a company announces dividends, the amount of the dividend is usually given in terms of a per-share amount, such as the $1.50 per share that Marianna Burnett knows she will receive from the Westlake Gems Company. Dividend stocks are attractive investments because they provide a reliable source of income and can be used to build wealth over time.
The dividend payments can be reinvested in additional shares of stock or used to purchase other investments. Dividend stocks are also attractive to investors because they tend to be less volatile than other types of stocks. Investing in dividend stocks is a great way to diversify a portfolio and generate consistent income.
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Which phrase is not a type of perception?
O Selective attention
O Selective distortion
O Selective information
O Selective retention
O None of the above
The phrase which is not a type of perception is the option -Selective information, and rest all options are the types of perception.
The propensity for individuals to perceive information in a manner that confirms already held views or perceptions is known as selective distortion. For instance, if you adore dogs and watch a movie trailer about them, your reaction to the film can be different from a person who likes cats.
When it comes to the thought, selective retention is the method by which individuals significant learning more reliably when it is more in line with current trends, principles, and opinions than when it is more out of line with those values and principles. This process involves choosing what to maintain in the remembrance and constricting the flow of data.
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QDx is a function of (PX, Y, Pother goods...). Let QDx = 40 - 5PX + 3I - 4PA + 2PB.
a. With PX = 4, I = 10, PA = 5, PB = 10, calculate QDx.
b. Holding I (income), PA, and PB constant, choose two other values for PX and calculate QDx each time. Plot those two points along with the original point as a demand curve.
c. Describe the exact numerical relationship between the change in PX and the subsequent change in QDx. For example, as PX increases by $1, QDx increases/decreases by ____ units.
d. Is good A a complement or substitute for good X? Why? What about good B?
a. With the given values, QDx is equal to 50.
b. When PX = 3, QDx = 55 and when PX = 5, QDx = 45. These points can be plotted on a graph to show the demand curve for good X.
c. PX increases by 1 unit, QDx decreases by 5 units. So, as PX increases by $1, QDx decreases by 5 units.
d. The positive sign (2) in front of PB in the equation for QDx, which indicates that as PB increases, QDx increases.
a. To calculate QDx with PX = 4, I = 10, PA = 5, PB = 10, plug in these values into the equation: QDx = 40 - 5PX + 3I - 4PA + 2PB = 40 - 5 * 4 + 3 * 10 - 4 * 5 + 2 * 10 = 40 - 20 + 30 - 20 + 20 = 60
So, QDx = 60.
b. Holding I, PA, and PB constant, we can choose two different values for PX and calculate QDx for each value. Let's say PX = 3 and PX = 5:
QDx = 40 - 5PX + 3I - 4PA + 2PB = 40 - 5 * 3 + 3 * 10 - 4 * 5 + 2 * 10 = 40 - 15 + 30 - 20 + 20 = 55
So, with PX = 3, QDx = 55.
QDx = 40 - 5PX + 3I - 4PA + 2PB = 40 - 5 * 5 + 3 * 10 - 4 * 5 + 2 * 10 = 40 - 25 + 30 - 20 + 20 = 45
So, with PX = 5, QDx = 45.
We can plot these three points on a graph, with PX on the x-axis and QDx on the y-axis, to form a demand curve.
c. The exact numerical relationship between the change in PX and the subsequent change in QDx can be found by taking the derivative of the equation for QDx with respect to PX. The derivative gives us the rate of change between the two variables. In this case, the derivative of QDx with respect to PX is -5, so as PX increases by 1 unit, QDx decreases by 5 units.
d. Good A is a substitute for good X because, as the price of good A (PA) increases, the demand for good X (QDx) decreases (-4PA in the equation). Good B is a complement for good X because, as the price of good B (PB) increases, the demand for good X (QDx) decreases (2PB in the equation).
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________ may be grouped together into ________, which may then be grouped together into ________.a) Portfolios; programs; projectsb) Programs; projects; portfoliosc) Projects; portfolios; programsd) Projects; programs; portfolios
Portfolios may be grouped together into programs, which may then be grouped together into projects. A programme is a collection of projects that are coordinated for management in order to maximise their interconnectedness.
Creating a new product, service, or outcome is an example of a project. A programme is a collection of projects that are connected or comparable to one another and are frequently managed and coordinated collectively rather than individually. Identifying needs, setting realistic goals, balancing competing demands for quality, scope, cost, and time, and modifying plans, specifications, and approaches are all part of Portfolios management. These stakeholders include the client and the end user.
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If Mexico decides to impose a 50 percent tax on natural gas exports to be paid by suppliers. All else being equal, this causes the: A. demand for natural gas exports to shift to the right. B. supply of natural gas exports to shift to the left. C. supply of natural gas exports to shift to the right. D. quantity of natural gas exports produced to increase.
If Mexico decides to impose a 50 percent tax on natural gas exports to be paid by suppliers. All else being equal, this causes the B. supply of natural gas exports to shift to the left.
If Mexico imposes a 50 percent tax on natural gas exports, suppliers will face an increase in the cost of production. This increase in cost will reduce the profit margin for suppliers and cause them to reduce the quantity of natural gas they are willing and able to export. This reduction in the quantity supplied will result in a shift of the supply curve to the left, meaning that at any given price, there will be a lower quantity of natural gas exports supplied. There will be less natural gas exported at any given price as a result of this drop in the quantity provided, which will cause the supply curve to move to the left.
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provide detailed analysis of vertu’s marketing mix?
Vertu's marketing mix is focused on delivering a premium user experience and maintaining its position as a luxury brand.
Vertu is a British luxury mobile phone company that sells high-end, handcrafted smartphones. The marketing mix of Vertu consists of the following elements:
Product: Vertu offers a range of luxury smartphones that are handcrafted with high-quality materials such as titanium, leather, and sapphire crystal. The company's flagship product is its Constellation line of smartphones, which are designed to deliver a premium user experience, with a unique blend of style, technology, and craftsmanship.Price: Vertu's products are premium priced and target the high-end segment of the market. The company's products are priced significantly higher than the average smartphone, reflecting the brand's luxury positioning and the premium materials used in their production.Place: Vertu has a global network of exclusive boutiques, retail stores, and authorized dealers, which allows the company to target its affluent customer base effectively. The company's products are available in key luxury shopping destinations such as Paris, London, and Dubai, among others.Promotion: Vertu employs a multi-channel marketing strategy, including digital marketing, print advertising, events, and public relations. The company leverages social media platforms to showcase its products and engage with its target audience. Vertu also sponsors events and participates in trade shows to promote its brand and products.The company's products are priced high to reflect the brand's luxury positioning, and the company's distribution strategy targets the affluent customer base effectively. The company's promotion strategy emphasizes the brand's unique blend of style, technology, and craftsmanship, and the company's staff is trained to deliver a premium customer experience.
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Tthe best explanation of why there will always be scarcity is because?
Answer:
There is always scarcity because human wants are unlimited. This then brings us to a third important idea: Because of scarcity we MUST MAKE CHOICES. Some economists call this the "economizing problem".
Explanation:
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the code of ethics that marketers can use as a guide to ethical decision making was developed by which entity?
Marketing ethics alludes to the concepts and standards which define acceptable marketing behavior as defined by various stakeholders, such as the general public, government regulators, private-interest organizations, industry, as well as the business itself.
Marketing subfields each follow their unique code of ethics to address distinct concerns. Honesty, accountability, fairness, respect, openness, as well as citizenship are values. Values, rules, and controls are all examples of controls.
To govern commercial operations, national and international organizations have produced marketing codes of ethics. When a company agrees to a marketing code of ethics, it agrees to conduct its business with integrity as well as without the customer's best interests in mind.
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diversity can be a great benefit for a project or company. what types of skills or knowledge should a project manager consider when selecting a project team member? what do you believe are the attributes of a good project manager? how have you seen diversity help a project or company grow in the past?
Teams with a variety of members are more successful and perform better. The diversity of experience, knowledge, and working styles that a diverse workplace provides can improve problem-solving skills and increase output.
Technical know-how, risk management, critical analysis, and problem-solving skills are among the other skills included organizations understand that in the "project economy," their teams need a diverse range of viewpoints and abilities. That calls for genuine variety, whether it is in terms of gender, age, color, experience, sexual orientation, thought, nationality, or culture. Communication. Without open, regular communication between stakeholders, contractors, team members, and customers, a project is doomed to fail—a phrase that may be overused in this context. Communicating effectively. Project managers are continually communicating with stakeholders, from project kick-offs to stakeholder meetings.
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if an investor buys a share of stock today at the current market price, receives all expected dividends over the life of the investment, and sells the stock at the end of the investment period, they will earn the
Uncertain projected return in the future. The exact return will rely on a number of variables, including shifts in the market environment, business performance, and the state of the general economy investment.
About investors and dividends:No specific return is guaranteed, and past success does not guarantee future success. Increases in dividends will boost the company's book value but not its market value. b. Due to lower retained earnings, future dividend growth could stall.
The standard method for determining the cost of equity is the dividend capitalization model (COE). The equation is CoE = (next year's dividends per share / current stock market value) + dividend growth rate. For instance, ABC Inc. will distribute a $5 dividend the next year. Each share is currently worth $25 on the market.
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a $1,000 par value bond that makes annual interest payments of $50 and matures in four years sells for $980. what is the yield to maturity of the bond?
The yield to maturity (YTM) of a bond is the rate of return that an investor would receive if they were to purchase the bond today, hold it until maturity, and receive all interest payments and the return of the principal.
To calculate the YTM of a bond, we need to solve for the rate that equates the present value of the bond's cash flows (interest payments and principal) to its market price. In this case, the bond has a $1,000 par value, pays $50 in annual interest, and matures in four years. If the bond sells for $980, then we can calculate its YTM using a financial calculator or by using trial and error in a spreadsheet program.
One way to solve for the YTM is to use the following formula:
YTM = (Interest Payment / Price) + Interest Payment / Price / (Number of Years to Maturity - 1)
Plugging in the values, we get:
YTM = ($50 / $980) + ($50 / $980) / (4 - 1)
YTM = 0.05102 or 5.102%
So, the yield to maturity of the bond is 5.102%. This means that if an investor were to purchase the bond today at $980 and hold it until maturity, they would receive an annual yield of 5.102% on their investment.
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as the text indicates, a firm's financial risk has identifiable market risk and diversifiable risk components. a. true b. false
a. True - A firm's financial risk has identifiable market risk and diversifiable risk components. Market risk is the chance that shifts in the overall financial market, such as those interest rates, stock prices, and exchange rates, could have an impact on a company's financial performance.
Residual risk, also known as unsystematic risk, is the possibility that some events that are particular to a company, such as management changes, competition, or market conditions in its industry, may have an impact on its financial performance. Through financial diversification, this risk can be minimized.
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what role do experts play in influencing our consumption or acquisition of knowledge?
Experts have sway and control over the kinds of knowledge we take in or learn. Experts and powerful individuals have the resources to learn more, and if the broader public learns the same things, they will have more impact.
In fact, experts (mostly authors and professors) have a significant influence on our early (educational) stages of information acquisition. After that, (in our adult life), what are effectively merged news/propaganda channels (impossible to distinguish) have taken over the distribution of knowledge (and news).
The following succinct statement sums up this relational idea: Experts describe and evaluate circumstances, mediate between the creation of knowledge and its application, and establish priorities for action.
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Integrated waste management employs all of the following EXCEPT
a. Using refillable soft-drink bottles
b. Using disposable diapers instead of cloth diapers
c. Using reusable canvas bags instead of plastic or paper bags
d. Using tires for the construction of artificial reefs
e. Redesigning automobiles to replace steel parts with aluminum and plastic parts
Integrated waste management aims to minimize waste, promote recycling, and reduce environmental impacts. Options a, c, d, and e are all examples of waste reduction and resource conservation methods. Hence option B is correct.
Option b, "Using disposable diapers instead of cloth diapers," contradicts the principles of integrated waste management as it promotes the use of single-use items that contribute to landfill waste.
Therefore, option b is the correct answer as it does not align with the core objectives of integrated waste management.
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how is a reflection task most likely to affect entrepreneurs?
By prompting them to create their own feedback to provide the opportunity to change one can likely affect entrepreneurs.
A reflection task would entail considering which techniques should be employed to tackle an issue. When taking action is regarded to be impossible and hazardous, entrepreneurs have stronger intents to act. An entrepreneur's principal responsibility is to determine production policy. A business owner must decide what to create, how much to make, how to produce, where to manufacture, how to sell, and so on.
When asked to adopt the position of a businessperson, entrepreneurs with less experience produced fewer ideas that were regarded unique, but experienced entrepreneurs were able to preserve their capacity to develop creative ideas even when in salesman mode.
The complete question is:
How is a reflection task most likely to affect entrepreneurs?
By prompting them to create their own feedback to provide the opportunity to changeBy stimulating them to think about which strategies are appropriate for solving a problemBy stimulating them to tap into their knowledge and experience without overgeneralizingBy prompting them to think about the what, why, and how of their approach to a situationTo learn more about reflection tasks, here
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kenneth just finished cooking school. he is opening his own bakery. how would kenneth be classified, and what other businessperson would most likely help him keep track of his profits?
Kenneth just finished cooking school. he is opening his own bakery. Kenneth would be classified as an entrepreneur and the other business person who would most likely help him keep track of his profits is the financial officer.
What Is An Entrepreneur?An entrepreneur is someone who opens an economic business independently and wants to be consciously responsible for all the risks that exist in that economic business. Entrepreneurs are not limited by educational background so basically, anyone can become an entrepreneur. However, when someone doesn't understand economics, it's a good idea to recruit someone else who understands economics to take care of everything in the business. In the illustration of the problem, we see that Kenneth has no educational background in economics, so he needs the help of a financial officer to be able to take care of the finances of his business.
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on october 1, 2019, upon delivery of the helmets to the customer and the payment of the balance due, how should the transaction be recorded in sanford’s financial accounting system?
The transaction be recorded in Sanford’s financial accounting system by option A. debt cash $25000, debt advance from customer $25000, credit sales $30000, and debit cost of goods sold $20000, credit inventory $20000.
Credit sales are transactions through which the debt will be paid in entirety at a later time. In other terms, credit sales are transactions when the consumer does not pay in whole, in money, at the time of the transaction.
Credit is gained by firms to pay for goods that aren't meant for immediate sale, or inventory. The inventory that was utilised to finance it serves as collateral. Smaller privately held enterprises which do not have exposure to other finance sources frequently use inventory financing.
The question is incomplete, find the complete question in the image attached.
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Which of the following statements is correct?
A. Product costs for a merchandiser are expensed as selling, general, and administrative expensed when the related unit is sold.
B. Period costs are relevant for purposes of calculating Gross Profit on the Income Statement for a both a merchandiser and a manufacturer.
C. Product costs for a manufacturer are categorized as either direct material, direct labor, or manufacturing overhead costs.
D. All links in the value chain applicable to a service company are considered product costs.
E. More than one of the above statements is correct.
Product costs for a merchandiser are expensed as selling, general, and administrative expensed when the related unit is sold of the following statements is correct. '
The costs directly related to producing a good or service that will be sold are called product costs. Period costs are the collective term for all additional indirect costs incurred during manufacturing. Common examples of period selling include overhead and sales and the marketing expenditures. Product costs are the expenses made to create a good that will be sold to a customer. Cost of the goods includes: Direct materials are purchased raw materials that are used right away in the manufacturing process. For instance, a car manufacturer's direct material cost might be the metal used to the construct the vehicle.
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bradley company sells a product that has variable costs of $51 each and a sales price of $76 each. bradley has fixed costs of $102,500 and a desired profit of $27,500. if the company is able to reduce its variable cost per unit to $36 while holding all other items constant, the number of units that must be sold to earn the desired profit will
The response is that it drops by 1,875. (Choice b)
How many units must be sold in order to get the desired profit?Costs that vary according on how much of a good or service a company produces are known as variable costs. The total of marginal costs across all units produced represents variable costs. They may also be regarded as typical expenses. The current sales volume needed to generate a $25,000 profit is calculated as follows: ($25,000 + $100,000) / ($75 - $50) = 5,000. The amount of sales needed following the cost reduction to generate a profit of $25,000 is calculated as follows: ($25,000 + $100,000) / ($75 - $35) = 3,125 (desired profit + fixed cost) / ($selling price - new variable costs per unit).
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