The yield advantage is the percentage difference in yield between the convertible bond and the common stock. So, the yield advantage in the case is 1.42%.
The formula for calculating yield advantage is as follows:Yield Advantage = Convertible Bond Yield - Common Stock Yield
Where,
Convertible Bond Yield = Annual interest payment / Convertible Bond price
Common Stock Yield = Annual Dividend Payment / Common Stock price
We are given that Almond Milk Company has a $1,000 face value bond with a stated coupon rate of 6.10 percent that is convertible into its common stock at $35.74. The bond is selling at $1,074.31 in the market. The common stock is selling for $33.82 and pays a dividend of 1.44 per share.
To calculate the yield advantage, we need to calculate the Convertible Bond Yield and the Common Stock Yield.
Calculating Convertible Bond YieldThe annual interest payment on the convertible bond is 6.10% of its face value of $1,000 which is given by:
Annual interest payment = (Coupon rate * Face value of bond) / 100= (6.10 * 1,000) / 100= $61
The convertible bond price is given as $1,074.31.
Therefore, the convertible bond yield is:
Convertible Bond Yield = Annual interest payment / Convertible Bond price= $61 / $1,074.31= 0.0568 or 5.68%
Calculating Common Stock YieldThe annual dividend payment on common stock is $1.44 per share. Therefore, the common stock yield is:
Common Stock Yield = Annual Dividend Payment / Common Stock price= $1.44 / $33.82= 0.0426 or 4.26%
Now, let's calculate the Yield Advantage using the above formula:
Yield Advantage = Convertible Bond Yield - Common Stock Yield= 5.68% - 4.26%= 1.42%
Therefore, the yield advantage is 1.42%.
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A lawyer cannot represent both the plaintiff and the defendant because of
they may have:
a Conflict of Interest Issue
an Ethical Issue
an Ethical Dilemma
an Integrity Issue
Answer:
a Conflict of Interest Issue
Explanation:
In many countries, including the USA, the legal system is built on an adversarial process. Each of the conflicting parties is allowed the chance to argue their case as persuasively as possible. It means each side independent representation to defend their rights.
In the adversarial process, a lawyer must be loyal to their client to represent them effectively. It is practically impossible to be loyal to two clients on opposite sides of a court proceeding. Conflicts of interest will arise as the same lawyer cannot argue for and against the issue in the same court.
A company estimates that warranty expense will be 5% of sales. The company has sales of $225,000 for the current penod. The current period's entry to record the way expenses A. Warranty Liability Expense ................ 11,250 Estimated Warranty Liability ............. 11,250 B. Warranty Expense ..............................11,250
Estimated Warranty Liability ............ 11, 250 C. Warranty Liability ...............................11:250
Estimated Warranty Liability ............ 11, 250 D. Estimated Warranty Liability ............. 11.250
Estimated Liability Expense. ............ 11,250
Thus, warranty liability expense and estimated warranty liability are recorded to cover the expected expenses that the company may have to incur for warranty liabilities.
The correct answer is option A. Warranty Liability Expense ................ 11,250Estimated Warranty Liability ............. 11,250.The given question involves the estimation of warranty expenses by a company. The warranty expense estimates will be 5% of sales,
which is given as $225,000 for the current period.Warranty liability is the obligation of a company to its customers to replace, repair, or refund products within a specific period from the date of purchase in case of defects or malfunctioning.
the warranty liability expense refers to the cost incurred by a company to cover the warranty liabilities related to the products sold. The entry to record warranty expense and liability is as follows:
Warranty Liability Expense ................ 11,250Estimated Warranty Liability ............. 11,250The estimated warranty liability refers to the estimated cost of products sold, which is likely to be returned, repaired, or replaced under warranty terms.
Thus, warranty liability expense and estimated warranty liability are recorded to cover the expected expenses that the company may have to incur for warranty liabilities.
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Which of the 4 P's focuses on communicating the value proposition?
Answer: The marketing mix is most commonly executed through the 4 P's of marketing: Price, Product, Promotion, and Place.
Explanation:
Why price will be low in a market economic system?
Other than competitors
Answer:
In a market economy Price is determined by demand and supply, for example when there is a low price for a good it means the demand is low. However in market economy price for abundant goods never gets high to a critical point due to the fact of consumer sovereignty environment which consumers are the rulers for suppliers.
Residual income (RI) is: Group of answer choices Contribution margin of an investment center, less the imputed interest on the invested capital used by the center
Residual income (RI) is a financial performance metric that measures the profitability of an investment center, which is a business unit or division of a company that generates revenue and incurs expenses. RI is calculated as the contribution margin of an investment center, less the imputed interest on the invested capital used by the center.
The contribution margin is the amount of revenue that exceeds the variable costs of producing and selling a product or service. It represents the portion of sales that is available to cover fixed costs and generate profit. The imputed interest is the cost of capital that the investment center uses to finance its assets and operations. It reflects the opportunity cost of not investing that capital elsewhere, such as in a different investment center or in a financial market.
By subtracting the imputed interest from the contribution margin, RI reveals how much value the investment center has created for the company, beyond what would be expected from its cost of capital. If the RI is positive, it means that the investment center has earned more than its required rate of return, and therefore has contributed to the company's overall financial performance. If the RI is negative, it means that the investment center has not earned enough to cover its cost of capital, and therefore has detracted from the company's overall financial performance.
RI is a useful measure of the economic profit or residual income generated by an investment center, because it takes into account both the income statement and the balance sheet of the center. It recognizes that the investment center has to earn not only enough revenue to cover its expenses, but also enough profit to compensate for the capital invested in it. RI can help managers evaluate the performance of investment centers in terms of their ability to create value for the company, and to make better decisions about allocating resources among them.
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Lauren is the owner of a bakery. Last year, her total revenue was $145,000, her rent was $12,000, her labor costs were $65,000, and her overhead expenses were $15,000. If she could earn $53,000 working for another bakery nearby, we know that her economic profit was A) $53,000. B) $65,000 ? C)$0. D) $145,000.
Answer:
So if you subtract the cost of everything for her bakery she still comes out with making 53,000, so if she left she would not earn any profit because she would be making the same.
Use Laplace transform to solve the following initial value problems:
(a) y'- 2y + 2y = cost, y(0) = 1, y'(0) = 0.
(b) y)-y=0, y(0)=2, (0) = -2, (0)=0, "(0) = 0.
(c) y + y(t) = '(0) = 0. 0 1≤t<5 otherwise, y(0) 0,
The given initial value problems involve differential equations that can be solved using Laplace transforms.
In problem (a), the Laplace transform will be used to find the solution for the given equation and initial conditions. In problem (b), the Laplace transform will be applied to solve a different equation with specific initial conditions. Lastly, problem (c) requires applying the Laplace transform to find the solution for a differential equation with a piecewise function and initial condition.
(a) To solve the initial value problem y' - 2y + 2y = cost, y(0) = 1, y'(0) = 0, we first take the Laplace transform of both sides of the equation, substitute the initial conditions, and then solve for Y(s). After finding Y(s), we take the inverse Laplace transform to obtain the solution y(t).
(b) For the initial value problem y" - y = 0, y(0) = 2, y'(0) = -2, y''(0) = 0, we again take the Laplace transform of the given equation and apply the initial conditions. This will give us the transformed equation in terms of the Laplace variables. By solving for Y(s), we can then use the inverse Laplace transform to find the solution y(t).
(c) In the initial value problem y' + y(t) = '(0) = 0, 0 ≤ t < 5, and y(0) = 0, we encounter a piecewise function. We will apply the Laplace transform to the equation, taking into account the different intervals. By considering the initial condition and solving for Y(s), we can obtain the inverse Laplace transform to find the solution y(t) for the given differential equation.
Using Laplace transforms allows us to solve these initial value problems and find the solutions to the respective differential equations with their specific initial conditions.
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1. All the decisions made by people who operate firms have one overriding objective, which is to A) make maximum attainable profit B) maximize the firm's total revenue C) maximize the firm's market share D) maximize the quantity that the firm sells
The maximization of profit is the overarching goal of all decisions made by those who run businesses.
The reason behind the objective is that most of the firms operate in a competitive market environment that has a significant influence on the pricing decision. Therefore, the ultimate goal of these firms is to maintain profitability and maximize the shareholder's wealth by increasing the sales revenue and reducing the cost of production or operation. In addition, firms must consider a number of factors when making decisions to maximize their profitability.
These include identifying the optimal price points for their products, determining the right quantity of production, managing costs, and identifying new opportunities for expansion. It is, therefore, essential for managers and owners of firms to regularly evaluate and adjust their strategies to ensure that they stay competitive and profitable in the market. In conclusion, the objective of all the decisions made by people who operate firms is to make maximum attainable profit.
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Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for
$7,411. What was his gross capital gain?
If Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for $7,411. His gross capital gain is: $2,286.
Gross capital gainIn order to determine the gross capital gain since we were told that he purchased stock for the amount of $5,125 in which last month he sold the stock for the amount of $7,411 we have to deduct the current stock selling price form the stock purchase price by making use of this formula to determine the gross capital gain.
Gross capital gain = Current stock selling price - Stock purchase price
Where:
Current stock selling price = $7,411
Stock purchase price = $5,125
Let plug in the formula so as to find the gross capital gain
Gross capital gain = $7,411 - $5,125
Gross capital gain =$2,286
Therefore If Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for $7,411. His gross capital gain is: $2,286.
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Create a monthly budget for yourself using the steps discussed in the unit. If you don't wish to discuss your financial situation, you can create a budget based on an average individual your age.
an office building made up of two to three stories, possibly with an elevator describes which type of office property?
'An office building made up of two to three stories, possibly with an elevator describes low rise type of office property.
What is low rise property?The smallest structures made in considerable quantities are categorized as low-rise residential buildings. For instance, single-family detached homes typically have an enclosed floor area of 90 to 180 square meters (1,000 to 2,000 square feet), which is enough to accommodate its occupants' demands. These homes are typically one to three storeys tall and in the walk-up range.
All structures up to 15 metres from the first point of access for a fire engine are classified low-rise constructions by the Indian Building Code's fire safety standards.
Low-rise structures typically have four stories or less, in contrast to large rises that can house many dwelling units across floors.
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Explain how you would handle an issue with social media in your company?
Answer:
I will handle it no matter what
Explanation:
I think the way I handle it will be different from others like First I need to see what the issue is like then I will handle it legally if it want a lawyer I have to get one if the issue want legal process I will done by the law of the country
all of the following are primary sources of long-term debt financing for companies, except _____.
Payments to be made. The capital structure of a company refers to: Its combination of stockholders' equity and liabilities.
What is a source of debt financing?
Obtaining bank loans, issuing bonds, or issuing commercial paper are all common forms of debt financing. capital. long-term funds Common Debt Financing Methods Financial institutions like commercial banks, savings associations, and finance companies attempt to provide financing to businesses.
What are the four options for long-term funding?
The primary sources of long-term finances for businesses are the capital market, special financial institutions, banks, non-banking financial companies, retained earnings, as well as foreign investment and external borrowings.
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Bank statements, business reports, and tax records are filed according to subject and then are subdivided _______.
Answer:
chronologically
Explanation:
The important documents for the business organization i.e. bank statements, reports of business, tax records should be filed as per the subject and then it subdivided in a chronological manner i.e. one by one
These documents should be kept with proper care and diligence also the information related to these documents should not be disclosed out to any third party i.e. only authorized persons should be involved
Measures that you would take to minimize landslides in your locality.
Answer:
There are also various direct methods of preventing landslides; these include modifying slope geometry, using chemical agents to reinforce slope material, installing structures such as piles and retaining walls, grouting rock joints and fissures, diverting debris pathways, and rerouting surface and underwater drainage.
PLEASE MARK ME AS BRAINLIESTPlease answer asap:
Would absolute transparency make monopolies more acceptable? Or are monopolies always negative because of reduced competition?
Absolute transparency can certainly help to reduce some of the negative effects of monopolies, such as lack of competition and high prices.
Why monopolies always negative because of reduced competition?However, transparency alone is unlikely to make monopolies more acceptable, as the very nature of a monopoly involves the absence of competition, which can lead to reduced innovation, lower quality products, and higher prices for consumers.
While transparency can help mitigate some of these negative effects, it is not a substitute for competition.
Monopolies are generally considered negative because they limit competition, leading to a lack of innovation and higher prices for consumers.
This can ultimately harm the overall economy by reducing consumer choice, stifling innovation, and creating barriers to entry for new competitors. While transparency may be helpful in reducing some of the negative effects of monopolies, it is not a solution to the fundamental problem of a lack of competition.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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If you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider:
A) getting two credit cards, so you always have a line of credit open for use.
B) raising your borrowing limit on your credit card so you can spend more
C) only credit cards that offer a low APR
D) only credit cards that offer zero annual fees even if the APR is high.
The answer is D, I jus took the quiz so you can trust this answer
When an individual is sure that they will be able to pay off the balance of your credit card bill in full each month, Then it is advisable for the person should consider only using credit cards that offer zero annual fees even if the APR is high.
For better understanding let's explain the terms
Credit cards are often offered by financial companies to its customers for withdrawal of their money from their account. APR is simply known as annual percentage rate. It is the annual interest rate that is charged for using credit.The removal or no annual fee is better for an individual who can pay their credit card bill each month.From the above we can therefore say that the answer When an individual is sure that they will be able to pay off the balance of your credit card bill in full each month, Then it is advisable for the person should consider only using credit cards that offer zero annual fees even if the APR is high, is correct
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In 2012, _______ purchased the British-based Aegis Groupa) WPP
b) Omnicom Group
c) Publicis Groupe
d) Dentsu
In 2012, the Japanese advertising giant, Dentsu, purchased the British-based Aegis Group for £3.2 billion ($5 billion). This acquisition was a significant move for Dentsu as it gave them access to Aegis Group's impressive portfolio of media buying and digital marketing services.
The deal, worth approximately £3.2 billion, allowed Dentsu to establish a solid foothold in European and North American markets, as well as benefit from Aegis Group's expertise in digital marketing. This acquisition significantly enhanced Dentsu's ability to compete with other global advertising giants such as WPP and Publicis Groupe, by combining the strengths of both companies and creating synergies across various areas of the advertising industry.
It also allowed them to expand their global presence and establish a stronger foothold in the European market. This acquisition was part of Dentsu's ongoing efforts to become a truly global player in the advertising and marketing industry, and it certainly helped them achieve this goal. Today, Dentsu is one of the largest advertising and marketing companies in the world, with a presence in over 145 countries and an impressive client roster that includes some of the world's biggest brands.
In summary, Dentsu's 2012 acquisition of the British-based Aegis Group aimed to strengthen its position in the global advertising market, capitalize on Aegis Group's digital marketing capabilities, and broaden its reach into new territories, thus enabling the company to compete more effectively with its rivals.
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Microsoft Word is ________________ software.
A: Application
B: Compiler
C: System
D: Programming
Answer:
application I guess becz it's one of the apps that we can download we can't delete system apps
How can ratio analysis be used to interpret financial statements?
In order to get insights into profitability, liquidity, operational effectiveness, and solvency, ratio analysis examines line-item information from a company's financial statements.
Ratio analysis allows you to compare one firm to another in the same sector or sector and track how one company has changed over time.
What is ratio analysis?Ratio analysis is a quantitative examination of the information included in the financial statements of an organization. Ratio analysis is the study or analysis of the line items included in the company's financial statements.
It can be used to evaluate a number of aspects of a business, including profitability, solvency, liquidity, and operational effectiveness.
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Portionpac co-founder, marvin klein, says ethics and integrity are "common sense." klein's moral values and attitudes, which still guide the company today, relate to which set of factors in the ethical decision-making process?
The correct answer to this open question is the following.
Although the question does not provide any options, we can say that the set of factors in the ethical decision-making process are individual, collective, and social.
Ethics and integrity should be "common sense." Moral values and attitudes are so important as key behaviors by the members of the organization. If employees are not guided by these concepts, the risk is that they could deviate from the guidelines and performance expected by the management.
The leader of the company and top management are the ones who have to set the example in order for the workers to follow those steps. The leader has to set an example of the conduct expected in the organization.
The managerial function of leading: is a part of the planning process. involves monitoring the organization s progress toward its goals. is the set of processes used to get members of an organization to work together. involves setting an organization s goals and deciding how best to achieve them.
Answer:
is the set of processes used to get members of an organization to work together.
Explanation:
Management can be defined as a strategic process which typically involves analyzing, planning supervising, organizing, controlling and coordination of employees and business activities in order to successfully achieve organizational goals and objectives.
Generally, there are four (4) main components associated with the management of business activities and employees, these includes planning, organizing, leading and controlling.
The managerial function of leading is the set of processes used to get members of an organization to work together. Thus, leading a team of workers working in an organization simply involves communication, motivation, inspiration, direction, guidance and support of these employees in order to enhance their level of output or production at all times.
The managerial function of leading: is a part of the planning process is the set of processes used to get members of an organization to work together, third option is correct.
In order to successfully achieve organizational goals and objectives, management is often characterized as a strategic process that involves analysis, planning, supervision, organizing, regulating, and coordinating of personnel and business operations.
The management of corporate operations and personnel generally consists of four key elements: planning, organizing, leading, and controlling.
The collection of procedures used to get team members in an organization to collaborate is known as the management function of leadership. So, managing a group of people in an organization simply entails communicating with them, inspiring them, directing them, guiding them, and supporting them so that their output or production is always at a higher level.
Thus, third option is correct.
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when preparing consolidated financial statement work papers (cwps), unrealized intercompany gains, as a result of equipment or inventory sales by affiliates, are allocated proportionately by percent of ownership between parent and nci only when the selling affiliate is a. the parent and the sub is less than wholly owned. b. the sub and the sub is less than wholly owned. c. a wholly owned sub. d. the parent of a wholly owned sub.
When preparing consolidated financial statement work papers unrealized intercompany gains, the selling affiliate is a c. a wholly owned sub.
Unrealized intercompany profits happen when a business sells products or services to a related business but the sale hasn't yet been finalized, which means the products or services haven't yet been sold to a third party outside the company. To prevent double-counting sales, these profits must be removed when creating consolidated financial records.
Unrealized intercompany gains from the sale of assets or merchandise by affiliates are only proportionally distributed between the parent and NCI when the selling associate is a "wholly owned sub" when creating consolidated financial statement worksheets (CWPs). When a subsidiary is fully owned, the parent business owns all of the subsidiary's stock, giving it total authority over the subsidiary's activities and financial dealings.
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Ed started watseka winery on his north carolina farm when he switched from growing tobacco to growing grapes. After going through the various steps in the new-product development process, ed and his fledgling company finally entered the commercialization stage of the new product development process. Ed knew that to succeed in selling the wine, the company would have to.
Ed knew that to succeed in selling the wine, the company would have to promote the product to distributors and retailers to get wide distribution.
A company, abbreviated as co., is a criminal entity representing an association of people, whether natural, felony or a aggregate of both, with a specific goal. agency members share a common motive and unite to acquire unique, declared goals.
An enterprise is a criminal entity formed by using a collection of individuals to interact in and function a enterprise—commercial or industrial—employer. A business enterprise can be prepared in diverse methods for tax and economic legal responsibility purposes relying on the corporate law of its jurisdiction.
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Who’s the intended audience in news articles
Newspaper readers have typically been more educated, wealthy, and older than non-newspaper audiences.
Who is a research's primary target audience?
The people who read your work are referred to as the "audience." A term paper or thesis, for example, may be produced for a professor or committee of professors. More frequently, a paper is produced for peers in your field, for others who pursue similar academic interests.
Who are the media's intended consumers or target audiences?A group of people who you've identified and wish to appeal to is what we refer to as a social networking target audience. Based on factors like age, occupation, income level, degree of education, geography, or behavior, for example. your target market for social media
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Which of the following is a regional trade agreement between most European countries? a The Maastricht Treaty of Europe Mob. The EEC and EURATOM treaties c. The Treaty of Brussels Od The Single European Act
The Treaty of Brussels and The EEC and EURATOM treaties is a regional trade agreement between most European countries.
Option B and C are correct.
The Treaty of Brussels, signed in 1948, established the Western European Union (WEU), which was a regional defense alliance between several European countries. However, it is important to note that the Treaty of Brussels is primarily a defense treaty and not a trade agreement. For regional trade agreements between most European countries, the correct answer would be:
The European Economic Community (EEC) and the European Atomic Energy Community (EURATOM) treaties were signed in 1957 and laid the foundation for the economic integration of European countries. The EEC eventually evolved into the European Union (EU), which encompasses a wider range of policies and objectives beyond just economic cooperation.
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you paid $865.50 for a corporate bond that has a 6.75oupon rate. what is the bond's current yield?
The bond's current yield can be calculated by dividing its annual interest payment by its market price.
To calculate the bond's current yield, divide the annual interest payment by the market price. Since the market price is given as $865.50, and the annual interest payment is obtained by multiplying the coupon rate (6.75%) by the face value, we can calculate the current yield.
The bond's current yield is a measure of the return an investor can expect to receive from the bond based on its market price. It represents the annual interest payment as a percentage of the bond's market price.
In this case, the annual interest payment is determined by multiplying the coupon rate (6.75%) by the bond's face value. Dividing this annual interest payment by the market price ($865.50) provides the bond's current yield.
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define the term display work?
Paulette, Camille, and Hortense each own wineries in France. They produce inexpensive, mass-market wines. Over the last few years, such wines sold for 7 euros per bottle, but with a global recession, the price has fallen to 5 euros per bottle. Given the information below, calculate each winemaker's profit. Winemaker Fixed Costs Variable Costs Recession Revenues Profits Paulette 50,000 80,000 120,000 Camille 100,000 40,000 70,000 Hortense 200,000 250,000 200,000
The each winemaker's profit is 70000 and -250000 for Camille and Hortense respectively and Paulette's profit is - 10000.
Profit is the amount that the company earns over the cost of the production they have used in the business
Elaborating:For Paulette it is 120000-50000-80000= -10000
So this is calculated by deducting fixed and variable cost from revenue
Same will be for other two mentioned.
-70000 and -250000 for Camille and Hortense respectively
Variable costs:Costs that fluctuate in response to changes in the quantity of a product or service produced by a company are referred to as variable costs.The sum of marginal costs for all units produced constitutes variable costs. They can also be regarded as standard expenses. The total cost is made up of two parts: fixed costs and variable costs.
Costs that do not change when production or sales volumes increase or decrease are known as fixed costs. This is on the grounds that they are not straightforwardly connected with assembling an item or conveying a help. Consequently, fixed costs are regarded as indirect costs.
Question incomplete:Paulette, Camille, and Hortense each own wineries in France. They produce inexpensive, mass-market wines. Over the last few years, such wines sold for 7 euros per bottle, but with a global recession, the price has fallen to 5 euros per bottle. Given the information below, calculate each winemaker's profit. Winemaker Fixed Costs Variable Costs Recession Revenues Profits Paulette 50,000 80,000 120,000 Camille 100,000 40,000 70,000 Hortense 200,000 250,000 200,000
A. Paulette -10,000, Camille = -70,000, Hortense = -250,000
B. Paulette 40,000, Camille = 30,000, Hortense = -50,000
C. Paulette 70,000, Camille = -30,000, Hortense = 0
D. Paulette = 90,000, Camille = 10,000, Hortense = 150,000
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