快速将以下句子中的数字转换为中文: The maternal mortality rate has pummeted from 94.7 per 100, 000 in 1990 to 56.2 per 100, 000 in 1998.

快速将以下句子中的数字转换为中文: The maternal mortality rate has pummeted from 94.7 per 100, 000 in 1990 to 56.2 per 100, 000 in 1998.


参考答案和解析
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根据上述资料,计算该企业本年的主营业务利润率为( )。A.(30 000-22 000)/30 000×100%=26.7%B.(30 000-22 000-500)/30 000×100%=25%C.(35 100-5 100-22 000)/35 100×100%=22.8%D.(35 100-5 100-22 000-500)/35 100×100%=21.4%

1 The Great Western Cake Company (GWCC) is a well-established manufacturer of specialist flour confectioneryproducts, including cakes. GWCC sells its products to national supermarket chains. The company’s success duringrecent years is largely attributable to its ability to develop innovative products which appeal to the food selectors withinnational supermarket chains.The marketing department of Superstores plc, a national supermarket chain has asked GWCC to manufacture a cakeknown as the ‘Mighty Ben’. Mighty Ben is a character who has recently appeared in a film which was broadcastaround the world. The cake is expected to have a minimum market life of one year although the marketing departmentconsider that this might extend to eighteen months.The management accountant of GWCC has collated the following estimated information in respect of the Mighty Bencake:(1) Superstores plc has decided on a launch price of £20·25 for the Mighty Ben cake and it is expected that thisprice will be maintained for the duration of the product’s life. Superstores plc will apply a 35% mark-up on thepurchase price of each cake from GWCC.(2) Sales of the Mighty Ben cake are expected to be 100,000 units per month during the first twelve months.Thereafter sales of the Mighty Ben cake are expected to decrease by 10,000 units in each subsequent month.(3) Due to the relatively short shelf-life of the Mighty Ben cake, management has decided to manufacture the cakeson a ‘just-in-time’ basis for delivery in accordance with agreed schedules. The cakes will be manufactured inbatches of 1,000. Direct materials input into the baking process will cost £7,000 per batch for each of the firstthree months’ production. The material cost of the next three months’ production is expected to be 95% of thecost of the first three months’ production. All batches manufactured thereafter will cost 90% of the cost of thesecond three months’ production.(4) Packaging costs will amount to £0·75 per cake. The original costs of the artwork and design of the packagingwill amount to £24,000. Superstores plc will reimburse GWCC £8,000 in the event that the product iswithdrawn from sale after twelve months.(5) The design of the Mighty Ben cake is such that it is required to be hand-finished. A 75% learning curve willapply to the total labour time requirement until the end of month five. Thereafter a steady state will apply withlabour time required per batch stabilising at that of the final batch in month five. The labour requirement for thefirst batch of Mighty Ben cakes to be manufactured is expected to be 6,000 hours at £10 per hour.(6) A royalty of 5% of sales revenue (subject to a maximum royalty of £1·1 million) will be payable by GWCC to theowners of the Mighty Ben copyright.(7) Variable overheads are estimated at £3·50 per direct labour hour.(8) The manufacture of the Mighty Ben cake will increase fixed overheads by £75,000 per month.(9) In order to provide a production facility dedicated to the Mighty Ben cake, an investment of £1,900,000 will berequired and this will be fully depreciated over twelve months.(10) The directors of GWCC require an average annual return of 35% on their investment over 12 months and18 months.(11) Ignore taxation and the present value of cash flows.Note: Learning curve formula:y = axbwhere y = average cost per batcha = the cost of the initial batchx = the total number of batchesb = learning index (= –0·415 for 75% learning rate)Required:(a) Prepare detailed calculations to show whether the manufacture of Mighty Ben cakes will provide the requiredrate of return for GWCC over periods of twelve months and eighteen months. (20 marks)

4 The Better Agriculture Group (BAG), which has a divisional structure, produces a range of products for the farmingindustry. Divisions B and C are two of its divisions. Division B sells a fertiliser product (BF) to customers external toBAG. Division C produces a chemical (CC) which it could transfer to Division B for use in the manufacture of itsproduct BF. However, Division C could also sell some of its output of chemical CC to external customers of BAG.An independent external supplier to The Better Agriculture Group has offered to supply Division B with a chemicalwhich is equivalent to component CC. The independent supplier has a maximum spare capacity of 60,000 kilogramsof the chemical which it is willing to make available (in total or in part) to Division B at a special price of $55 perkilogram.Forecast information for the forthcoming period is as follows:Division B:Production and sales of 360,000 litres of BF at a selling price of $120 per litre.Variable conversion costs of BF will amount to $15 per litre.Fixed costs are estimated at $18,000,000.Chemical (CC) is used at the rate of 1 kilogram of CC per 4 litres of product BF.Division C:Total production capacity of 100,000 kilograms of chemical CC.Variable costs will be $50 per kilogram of CC.Fixed costs are estimated at $2,000,000.Market research suggests that external customers of BAG are willing to take up sales of 40,000 kilograms of CC at aprice of $105 per kilogram. The remaining 60,000 kilograms of CC could be transferred to Division B for use inproduct BF. Currently no other market external to BAG is available for the 60,000 kilograms of CC.Required:(a) (i) State the price/prices per kilogram at which Division C should offer to transfer chemical CC to DivisionB in order that the maximisation of BAG profit would occur if Division B management implement rationalsourcing decisions based on purely financial grounds.Note: you should explain the basis on which Division B would make its decision using the informationavailable, incorporating details of all relevant calculations. (6 marks)

(b) The marketing director of CTC has suggested the introduction of a new toy ‘Nellie the Elephant’ for which thefollowing estimated information is available:1. Sales volumes and selling prices per unitYear ending, 31 May 2009 2010 2011Sales units (000) 80 180 100Selling price per unit ($) 50 50 502. Nellie will generate a contribution to sales ratio of 50% throughout the three year period.3. Product specific fixed overheads during the year ending 31 May 2009 are estimated to be $1·6 million. Itis anticipated that these fixed overheads would decrease by 10% per annum during each of the years ending31 May 2010 and 31 May 2011.4. Capital investment amounting to $3·9 million would be required in June 2008. The investment would haveno residual value at 31 May 2011.5. Additional working capital of $500,000 would be required in June 2008. A further $200,000 would berequired on 31 May 2009. These amounts would be recovered in full at the end of the three year period.6. The cost of capital is expected to be 12% per annum.Assume all cash flows (other than where stated) arise at the end of the year.Required:(i) Determine whether the new product is viable purely on financial grounds. (4 marks)

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