Kehler Corporation wished to market a new product for $2.00 a unit. Fixed costs to manufacture this product are $100,000 . The contribution margin is 40 percent. How many units must be sold to realize net income of $100,00 . from this product?

a. 200,000
b. 250,000
c. 300,000
d. 350,000


b

Business

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To provide greater clarity to business ________, many companies and professional groups publish a code of conduct.

Fill in the blank(s) with the appropriate word(s).

Business

Eccles Inccorporated Eccles Incorporated, a zero growth firm, has an expected EBIT of $100,000 and a corporate tax rate of 25%. Eccles uses $500,000 of 12.0% debt, and the cost of equity to an unlevered firm in the same risk class is 16.0%. Refer to the data for Eccles Incorporated. Assume that the firm's gain from leverage according to the Miller model is $126,667. If the effective personal tax rate on stock income is TS = 20%, what is the implied personal tax rate on debt income?

A. 12.8% B. 14.2% C. 15.8% D. 17.6% E. 19.6%

Business

In global trade, a ________ is a written agreement by a bank to pay the seller, on account of the buyer, a sum of money upon presentation of certain documents

A) trade card payment B) letter of credit C) micropayment D) bank check

Business

Which of the following database types would be best suited for storing multimedia?

A) SQL DBMS B) Open-source DBMS C) Non-relational DBMS D) Cloud-based database E) NoSQL DBMS.

Business