Tesla, Inc. had the following income statement for last period:
|
Sales |
$27,000 |
|
Cost of Sales (manufacturing) |
11,000 |
|
Selling and General Administrative |
2,000 |
|
Net Income |
$14,000 |
If costs of sales was 70% variable and 30% fixed, and Selling and General Expense was 65% variable and 35% fixed.
Required:
A. Prepare a contribution format income statement.
B. Calculate its contribution margin percentage.
In: Accounting
In 2008, Doolan Company sold 10,000 units of inventory at twice their purchase price of $27.50 each. In 2009, Doolan had a gross profit of $200,000 and cost of goods sold of $225,000.
A. What were Doolan’s sales in 2008?
B. What was Doolan’s gross profit in 2008?
C. What were Doolan’s sales in 2009?
D. What was Doolan’s gross profit percentage in 2009?
In: Accounting
4.How does DPI breathing technique differ from that recommended with a MDI?
In: Nursing
An investor offers you $801,066 in exchange for shares of your start-up company. The investor demands an annual rate of return of 62%, and expect that your IPO will be in 5 years. At that time you expect your firm to have annual income of around $1,811,566 dollars. A similar firm was recently acquired for $18,930,059 dollars. At the time of acquisition, their income was $1,573,471 million dollars per year.
What percentage of your equity should you give to the investor?
Enter your answer as a percentage, without decimals. For example, if your answer is 0.76543, that's 76.543%, which rounds to 77%.
In: Finance
For bonds with _________ , bond issuers are required to retire a certain percentage of bonds each year.
call provision
conversion
sinking fund
speculative grades
In: Finance
For bonds with _________ , bond issuers are required to retire a certain percentage of bonds each year.
call provision
conversion
sinking fund
speculative grades
In: Finance
An excellent free throw percentage would be something around 90%. That is, such a basketball player would make 90% of the free throws (foul shots) they took. If the player is given 6 chances to take a free throw shot in a game.
(a) Calculate the probability that this type of player makes all 6 of their free throw shots.
(b) Calculate the probability that this type of player misses all 6 of their free throw shots.
(c) Calculate the probability that this type of player makes at least half of their 6 free throw shots.
In: Statistics and Probability
The table shows the estimated percentage P of the population of a certain country that are mobile-phone subscribers. (End of year estimates are given.)
| Year | 1997 | 1999 | 2001 | 2003 | 2005 | 2007 |
| P | 2.1 | 8.2 | 15.7 | 25 | 45.7 | 62.5 |
(a) Find the average rate of change of P.
(i) From 2003 to 2007 ........................... percentage
points per year
(ii) From 2003 to 2005 ............................. percentage
points per year
(iii) From 2001 to 2003 ............................... percentage
points per year
(b) Estimate the instantaneous rate of growth in 2003 by taking the
average of two average rates of change. (Use the average rates of
change for 2001 to 2003 and 2003 to 2005.)
........................... percentage points per year
(c) Estimate the instantaneous rate of growth in 2003 by sketching
a graph of P and measuring the slope of a tangent. (Sketch
your graph so that it is a smooth curve through the points, and so
that the tangent line has an x-intercept of 1999.3 and
passing through the point
(2006, 46.6).
Round your answer to two decimal places.)
.................................... percentage points per year
In: Math
5. It is known that the temperature of a laboratory experiment (X) and the experiment’s percentage yield (Y ) approximately satisfy the linear regression assumptions. The following sample was collected: Temp 110 110 120 130 140 150 160 170 180 190 200 %Yield 45 52 53 59 63 69 74 78 86 89 97 (a) Plot the data and the sample least squares regression line. (b) Interpret the slope of your sample least squares regression line. (c) Given a temperature of 165 what is the expected %yield? (d) Compute a 95% C.I. for βˆ. (e) Interpret the C.I. constructed in (d).
In: Statistics and Probability
5. It is known that the temperature of a laboratory experiment (X) and the experiment’s percentage yield (Y ) approximately satisfy the linear regression assumptions. The following sample was collected: Temp 110 110 120 130 140 150 160 170 180 190 200 %Yield 45 52 53 59 63 69 74 78 86 89 97 (a) Plot the data and the sample least squares regression line. (b) Interpret the slope of your sample least squares regression line. (c) Given a temperature of 165 what is the expected %yield? (d) Compute a 95% C.I. for βˆ. (e) Interpret the C.I. constructed in (d).
In: Statistics and Probability