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2 years ago

You have $55,000 in a savings account that pays 2% interest per year.

Business

1 answer:

blondinia [14]2 years ago

6 0

Answer:

1. the interest make in a year is $1100

2. the spending power need to make to keep up with inflation in that year is $1782.

3. the buying power lose in that year because of inflation is $682. the buying power lose in that year because of inflation is $682.

Explanation:

In a savings account, amount $55,000 which pays 2% interest each year and the rate of inflation is 3.24% gives,

1.The interest make in a year is $1100

2. Spending power need to make to keep up with inflation in that year is $1782.

3. Buying power lose in that year because of inflation is $682

1. the interest make in a year is $1100

2. the spending power need to make to keep up with inflation in that year is $1782.

3. the buying power lose in that year because of inflation is $682. the buying power lose in that year because of inflation is $682.

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Suppose that Larimer Company sells a product for $24. Unit costs are as follows:

yanalaym [24]

Answer:

Variable cost per unit=$10.08

Contribution per unit=$13.92

Contribution margin ratio=58%

Variable cost ratio= 42%

c) Break-even units=3,000 units

Explanation:

Variable cost per unit

= 4.98 + 2.10 + 1.00 + 2.00 = $10.08

Variable cost per unit=$10.08

Contribution per unit = Selling price per unit - Variable cost per unit

= 24 - 10.08 =13.92

Contribution per unit=$13.92

Contribution margin ratio= contribution/selling price= 13.92/24 × 100=58%

Contribution margin ratio=58%

Variable cost ratio = variable cost/selling price= 10.08 /24× 100 = 42%

Variable cost ratio=42%

Break-even units = Total general fixed cost/contribution per unit

= (26,500 + 15,260)/ 13.92 = 3000 units

Break-even units=3,000 units

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3 years ago

A computer manufacturer has a basic model, a business model and a premium model, each with a variety of options. They each have

Annette [7]

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In the given case, the manufacturer is offering three types of models in market each having different price as per its quality. Thus, we can conclude that the given example is a case of price lining.

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On November 1, 2018, Mason Corp. sold $700,000 of its 10% term bonds dated October 1, 2018. The bonds were sold to yield 8%, wit

kvv77 [185]

Answer:

$16,000

Explanation:

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= $800,000 × 8% × (3 months ÷ 12 months)

= $16,000

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<span>B. FALSE yes
Hi
GOOD BYE

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