Question: #28 & #29 please Question 28 Complete Custom Flight is considering making and selling custom kites in two sizes. The small kites would be priced
#28 & #29 please
Question 28 Complete Custom Flight is considering making and selling custom kites in two sizes. The small kites would be priced at $24 and the large kites would be $49. The variable cost per unit is $14 and $30, respectively. Tom, the owner, feels that he could sell 2500 of the small kites and 1,2000000 of the large kites each year. The fixed costs would only be $6,000 a year and the tax rate is 34 percent. What is the annual operating cash flow if the annual depreciation expense is $2,400? 0.00 points out of 1.00 P Flag question Select one: a. A. $15,028 b. D. $28,207 c. C. $27,588 d. B. $17,309 e. E. $28,404 Question 29 Complete Green and Go has 180,000 shares of stock outstanding with a current market value of $48 a share. You own 22,500 of those shares. Next month, the election will be held to select four new members to the board of directors. The firm uses a cumulative voting system. How much additional money do you need to spend to guarantee that you will be elected to the board assuming that everyone else votes for one of the other candidates? 0.00 points out of 1.00 Flag question Select one: a. B. $648,048 b. A. $552,048 c. E. $1,728,048 d. C. $960,048 e. D. $1,080,048 Nunction 30
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
