Assignment No.: #2 Exercise 6-10 Break-even Analysis; Target Profit; Margin of Safety; CM Ratio 1. What is the monthly break-even point in units sold and in sales dollars? Break-even point in units sold = Fixed expenses Unit Contribution Margin $ 150‚000 $ 12 per unit = = 12‚ 500 units Break-even point in total sales dollars = Fixed expenses Contribution Margin Ratio $ 150‚000 30% = = $ 500‚000 2. Without resorting
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Chapter 1. 6. Many drug safety research studies are sponsored by pharmaceutical companies that would financially benefit if the results of the study are favorable. Is this an example of a potential confounding factor? If the sample to test is selected to favor the results of the drug company‚ it would be categorized as a confounding factor‚ but if instead the drug company is sponsoring a serious study where the sample is selected randomly and divided in treatment and control groups‚ the experiment
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Retrieved August 22‚ 2006‚ from Subsidies Web site: http://www.wto.org/english/thewto_e/whatis_e/eol/e/wto04/wto4_24.htm Saranovic‚ Steven (2006). Import Tariffs. Retrieved August 21‚ 2006‚ from Trade 10-1 Web site: http://www.internationalecon.com/v1.0/ch10/10c050.html Understanding the WTO. Retrieved August 20‚ 2006‚ from World Trade Organization Web site: http://www.wto.org/english/thewto_e/whatis_e/tif_e/agrm8_e.htm
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stuff he owns is hand- me downs. "You never get anything new‚ either‚ with five brothers. I’ve got Bill’s old robes‚ Charlie’s old wand‚ and Percy’s old rat.’ (SS‚ Ch6) "Mum‚ you’ve given me Ginny’s new dress‚" said Ron‚ holding it out to her. (GoF‚ ch10) Ron’s accomplishments do get recognition. It is common for parents to set high standards for their children. But
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Total liabilities: 1680+4180=5860 2. Kaylor Equipment Rental paid $75 in dividends and $511 in interest expense. The addition to retained earnings is $418 and net new equity is $500. The tax rate is 35 percent. Sales are $15‚900 and depreciation is $680. What are the earnings before interest and taxes? Net Income: 75+418=493 75+418493/ (1-0.35) =758 Earnings before interest and taxes= 758.46+511= 1269 3. Winston Industries had sales of $843‚800 and costs of $609‚900. The firm paid $38‚200 in interest
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References: Hill (2004). International Business: Competing in a Global Marketplace. 5th ed. New York: McGraw-Hill. Saranovic‚ Steven (2006). Import Tariffs. Retrieved June 09‚ 2008‚ from Trade 10-1 Web site: http://www.internationalecon.com/v1.0/ch10/10c050.html Understanding the WTO. Retrieved June 09‚ 2008‚ from World Trade Organization Web site: http://www.wto.org/english/thewto_e/whatis_e/tif_e/agrm8_e.htm World Bank (2007). Non-Tariff Barriers. Retrived June 09‚ 2008‚ from Web site http://rru
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ACC-550 / Week 1 Homework CHAPTER 1 CA1-1 (FASB and Standard-Setting) Presented below are four statements which you are to identify as true or false. If false‚ explain why the statement is false. 1. GAAP is the term used to indicate the whole body of FASB authoritative literature. True 2. Any company claiming compliance with GAAP must comply with most standards and interpretations but does not have to follow the disclosure requirements. False (all companies must comply to all standards and
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The Enron Scandal One of the most popular business bankruptcies and collapses known to date is that of the Enron Corporation. Enron‚ once known as "America ’s Most Innovative Company" by Fortune Magazine six straight years from 1996 to 2001. Enron seemed to be doing very well until the summer of 2001 generating a lot of cash and new businesses‚ but in October of 2001 Enron was forced to disclose that their accounting practices had been very creative‚ and failed to follow generally accepted accounting
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PROTON From SAGA to IRIS MAF 680 INTEGRATED CASE STUDY EXECUTIVE SUMMARY A multinational motor industry giant (assume MAZDA) had sensed opportunity in Proton and approached a consultant‚ Chartered Accountant Saiful Alawi‚ to review Proton and recommend whether an investment or collaboration should be considered. Saiful Alawi needed to consider a number of significant factors in order to arrive at the decisions. Basically‚ PROTON was incorporated on 7th May 1983 to manufacture‚ assemble
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MKTG 680-01: International Marketing‚ Spring 2006 Exam I Review Questions • • NOTE: THESE QUESTIONS ARE ILLUSTRATIVE. IN ADDITION TO STUDYING THIS SET‚ YOU SHOULD ALSO CONSULT THE RELEVANT CHAPTERS OF YOUR TEXT AND YOUR LECTURES NOTES. REVIEW THIS SET AND FEEL FREE TO DISCUSS WITH ME‚ SHOULD YOU HAVE ANY QUESTIONS OR CONCERNS. Chapter 3 – The Global Trade Environment 1. a. b. c. d. e. Which of the following is the abbreviation for a proposed trade initiative between the U.S
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