How many cups of coffee the van sold last month

Assignment Help Finance Basics
Reference no: EM133121977

A mobile coffee van charges $1.80 for a cup of coffee, Last month, the sales revenue of the coffee van was E9.000 and the total variable costs were E4,000. Calculate how many cups of coffee the van sold last month and the variable cost per cup.

Reference no: EM133121977

Questions Cloud

Calculate the current annual amortization : Odessa Drones Inc has a patent on a specialized drone. The company has amortized the patent on a straight-line basis for the past 4 years, when it was acquired
Recommendations to incentivize pharmaceutical firms : What would be your recommendations to incentivize pharmaceutical firms to develop an Ebola vaccine - How do you respond to these criticisms
Determine the firm roe : Determine the firm's ROE at the following debt-to-equity ratios: 0.5, 1.0, and 1.5.
Problems with the irr method : Acme Oscillators is considering an investment project that has the following rather unusual cash flow pattern.
How many cups of coffee the van sold last month : A mobile coffee van charges $1.80 for a cup of coffee, Last month, the sales revenue of the coffee van was E9.000 and the total variable costs were E4,000. Calc
Failure of financial institutions and financial crises : "Caribbean financial institutions are weak and poorly regulated when compared to North American financial institutions. Additionally, because the financial mark
Present value of acme future cash flows : Acme Medical Corp. is expecting the cash flows from 2018-2022 in the table below. After 2022 it is expecting growth in cash flow at an annual rate of 3%.
Write a Java program with a GUI : Write a program that demonstrates how various exceptions are caught with catch - Define classes ExceptionA and ExceptionB - In your program, create try blocks
Explain the market risk premium : You are trying to value WOW share today (End of 2021). Assume the current price of the share in the stock market is $39.06. Assume that the total dividend paid

Reviews

Write a Review

Finance Basics Questions & Answers

  Compute current price of the stock

State Street Corporation will pay a dividend on common stock of $4.00 per share at the end of the year. The required return on common stock is 11 percent.

  What are the challenges as the firm evolves through each

Describe and rationalize how a firm's logistics and supply chain strategy will likely evolve as a firm shifts from no international to a global strategy

  Discuss the difference between annuities and perpetuities

discuss the difference between annuities and perpetuities and the methods to calculate their

  How many shares of stock will be outstanding after the split

Robinson's has 30,000 shares of stock outstanding with a par value of $100 per share and a market price of $ 44 share. The balance sheet shows $30,000.

  Discuss a scenario in which a contract dispute could impact

Discuss a scenario in which a contract dispute could impact the employer-employee relationship. Give details of the scenario, the contract, the parties involved

  Value of money when making risk management decisions

a. What would be the effect of ignoring the time value of money when making risk management decisions?

  What is the required rate of return on a stock

A's stock pays a dividend once each year, and it just paid a dividend of $0.85 yesterday. The current market price of the stock is $12.14.

  Key risks associated with investing in stocks

What are the key risks associated with investing in stocks, please explain?

  Calculate the present value the interest rate

1. A) The NewLife Insurance Company is offering an insurance policy that will give you and your offspring $18,000 per year forever. If you require 6% return on

  What net return did you earn on your el share investment

What net return did you earn on your El share investment? Assess this return in light of the overall market return.

  What is the bond promised yield to maturity

What is the bond's promised yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

  Create a personal scenario

Create a personal scenario that exemplifies the time value of money that includes the opportunity cost involved.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd