Answer:
Yes, accept the special order.
Explanation:
Before Special Order After Special Order
120 units 160
Sales $8,400 $10,000
Less Variable Costs ($2,400) ($3,200)
Contribution $6,000 $6,800
Less Fixed Costs ($1,400) ($1,400)
Net Income $4,600 $5,400
Conclusion
As a result of special order, we have an additional profit of $800. Therefore, accept the special order.
It would be an architect, because they use 3D building software such as Inventor or other CAD programs.
Answer:
The answer is C.
Explanation:
Macroeconomics is the study of the economy as a whole, unlike microeconomics which is the study of the individual firms/markets.
Macroeconomics focuses on the standard of living, unemployment rate, inflation rate etc. and how this affects the whole economy.
Option A is wrong because it is the microeconomics and not macroeconomics that studies the market and the firm.
Option B and D are wrong because these are for microeconomics
Answer:
Ans. Your monthly payments will be $1,602.37 ; The effective annual rate is 5.33%
Explanation:
Hi, first, we need to convert this APR rate into an effective monthly rate, that is, dividing 0.052/12 =0.00433 (or 0.4333%). Then we need to use the following equation and solve for A.

Where:
PresentValue= 84,500
A = periodic payments (the monthly payments that you need to make)
r = 0.004333333
n=60 months
So, let´s solve for A.




Now, in order to find the effective annual rate, we need to use the following equation.

Notice that to find an effective rate you have to start with another effective rate, otherwise it won´t work. So everything should look like this.

Meaning that the equivalent effective annual rate to 5.2% APR is 5.33% effective annual.
Best of luck.