The price of an mobile phone dropped from RM1,899 to RM1,599. Find the percent decrease in
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Solve the following problems.
- The price of an mobile phone dropped from RM1,899 to RM1,599. Find the percent decrease in
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- A Zack Firm is evaluating an Accounts Receivable Change that would increase Bad Debts from 2% to 4% of Sales. Sales are currently 50,000 units, the selling price is $20 per unit, and the Variable Cost per unit is $15. As a result of the proposed change, sales are forecast to increase to 60,000 units. A. What are Bad Debts in Dollars currently? (Format: 11,111) B. What are Bad Debts in Dollars under the Proposed Change? (Format: 11,111) C. Calculate the Cost of the Marginal Bad Debts to the firm. (Format: 11,111)A short article in the January 10, 2011 edition of The New York Times discussed the amount spent on DVDs over the past six years: (In 2004) consumers spent about $21.8billion to rent and and buy DVDs, Blu-ray discs, digital downloads and other forms of home entertainment...The number has fallen every year since, for a total drop of about 13.8 percent, to $18.8 billion in 2010. The reporter noted that the actual drop was about double what it seemed to be when the figures were adjusted for inflation: $21.8 billion figure from 2004 would amount to $25.3billion in current dollars. If we adjust for inflation, how dramatic is the drop in spending over the six year period?A firm is evaluating an Accounts Receivable Change that would increase Bad Debts from 2% to 4% of Sales. Sales are currently 50,000 units, the selling price is $20 per unit, and the Variable Cost per unit is $15. As a result of the proposed change, sales are forecast to increase to 60,000 units. D. Ignoring the Additional Profit Contribution from increased sales, if the proposed change saves $3,500 and causes no change in the Average Investment in Accounts Receivable, would you recommend it? (Format: Yes or No) E. Considering all changes in Costs and Benefits, would you recommend the proposed change? (Format: Yes or No)
- What would operating income be if only 2,800 snowboards were sold in a quarter? You can assume no change to fixed expenses will occur if sales decline to 2,800 snowboards. Will there be an operating income or Operating loss?In 2011, home prices and mortgage rates fell so far that in a number of cities the monthly cost of owning a home was less expensive than renting. The following data show the average asking rent for 10 markets and the monthly mortgage on the median priced home (including taxes and insurance) for 10 cites where the average monthly mortgage payment was less than the average asking rent (The Wall Street Journal, November 2627, 2011). a. Develop a scatter chart for these data, treating the average asking rent as the independent variable. Does a simple linear regression model appear to be appropriate? b. Use a simple linear regression model to develop an estimated regression equation to predict the monthly mortgage on the median priced home given the average asking rent. Construct a plot of the residuals against the independent variable rent. Based on this residual plot, does a simple linear regression model appear to be appropriate? c. Using a quadratic regression model, develop an estimated regression equation to predict the monthly mortgage on the median-priced home, given the average asking rent. d. Do you prefer the estimated regression equation developed in part (a) or part (c)? Create a plot of the linear and quadratic regression lines overlaid on the scatter chart of the monthly mortgage on the median-priced home and the average asking rent to help you assess the two regression equations. Explain your conclusions.In March 2012, the second year of production, the cost of producing an iPad 2 fell to an estimated $249.41. What markup percentage would Apple need to use to maintain its $620.00 sales price? (Round answer to 1 decimal place, e.g. 25.2%.) The gross margin in the previous question was 59% Markup percentag
- Should America Co. make the change? Yes, the company will be better off by P6,000. No, because sales will drop by 3,000 units. No, because the company will be worse off by P4,000. No, because the company will be worse off by P22,000. It is impossible to judge because additional information is neededDuring periods of hyperinflation, prices increase rapidly over short periods of time. One of the worst cases of hyperinflation in history occurred in Zimbabwe in 2008 where prices doubled every day. If that rate continued for just 7 days, how much would a French baguette cost after 7 days if the cost at the beginning of the week was $1.2?Maddison, sold 700 desks last year. Their expected units to be sold this year is 1,000 units. What is the percentage change in sales volume? Samsung expects to sell 5,000 units of Galaxy Tablet S6 lite this year at P26,990.00 each. What is the projected sales revenue?
- Using the data from the attached picture, compute for the following: 1. If 5,000 units are sold, what will be the store’s operating income (loss)?2. If sales commissions are discontinued and fixed salaries are raised by a total of₱810,000, what would be the annual breakeven point in (a) units sold and (b) revenues?3. Refer to the original data. If in addition to his fixed salary, the store manager is paida commission of ₱30 per unit in excess of the break-even point, what would be the store’s operating income if 10,000 units were sold.The Best Appliances had the following revenue over the past five Wars, To predict revenues for 2018, The Best Appliances uses the average for the Past five years. The company’s breakeven revenue is $800,000 per year. What is The Best Appliance’s predicted margin of safety in dollars for 2018? $800,000 $0 $200,000 $100,000Nets sales of the Premiere General Store have been increasing at a reasonable rate, but net income has been declining steadily as a percentage of these sales. What appears to be the problem?
