User Account

All Pages

What is SmartCOM target cost for the chip

Assignment Help Accounting Basics
Reference no: EM131699156

Question - SmartCOM, Inc. manufactures a chip that can turn a cellphone into a wireless access point. A wireless access point allows the phone to act as a wireless modem. The company is working with a cellphone manufacturer who is thinking of bundling the SmartCOM chip as a standard component. SmartCOM's marketing manager has determined that phone buyers would be willing to pay $110 for a wireless modem. The cost to the manufacturer of installing and testing the hardware and the software is $25. In addition, the cell phone manufacturer requires a 10 percent return on sales.

Assume that SmartCOM desires a profit margin of 15%. What is SmartCOM's target cost for the chip?

1. $93.50

2. $87.05

3. $62.90

4. $57.50

Reference no: EM131699156

Questions Cloud

Identify and describe an example of how either black slaves : By creating awareness of oppression and arousing sympathy of supporters, the arts can be a form of protest
Test-existence of linear relationship between two variables : An article in Worth discusses the immense success of one of the world's most prestigious cars, the Aston Martin Vanquish.
Why would board have special voting rights : Why would a board have special voting rights? How do these address some of the basic tenets of private equity?
What is its launch angle : The lob pass is thrown with an initial speed of 21.4 m/s and its time of flight is 3.99s. What is its launch angle?
What is SmartCOM target cost for the chip : SmartCOM, Inc. manufactures a chip that can turn a cellphone into a wireless access point. What is SmartCOM's target cost for the chip
Mozart was considered a child prodigy : Explain why you think this Classical music form may be satisfying for both 18th century and contemporary listeners
Process of change management : Process of change management
How do take-down notices sometimes infringe on fair use : Why are these comparisons important? Briefly explain the differences between libraries, television,and public places with respect to First Amendment protection.
Concerns of google for qualitative considerations : What is sensitivity to environmental concerns of Google for Qualitative considerations

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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