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Author Question: HomeCraft makes wooden play sets. The company pays annual rent of 400,000 per year and pays ... (Read 98 times)

newbem

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HomeCraft makes wooden play sets. The company pays annual rent of 400,000 per year and pays
  administrative salaries totaling 150,000 per year.
 
  Each play set requires 400 of wood, ten hours of
  labor at 70 per hour, and variable overhead costs of 100. Fixed advertising expenses equal
  100,000 per year. Each play set sells for 3,200. What is HomeCraft's break-even output level?
  A) 340 play sets B) 325 play sets C) 258 play sets D) 297 play sets

Question 2

Sutter Corporation's common stock is selling for 16.80 a share. Last year Sutter paid a dividend of .80.
  Investors are expecting Sutter's dividends to grow at an annual rate of 5 per year. What is the cost of internal
  equity?
 
  What will be an ideal response?


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ms_sulzle

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newbem

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review


mammy1697

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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