Answer:
$68,852.46
Explanation:
The computation of the break even sales dollars is shown below:
<u>Product Sales variable cost Contribution
</u>
A $59,000 $11,400 $47,600
B $51,000 $31,500 $19,500
Total $110,000 $67,100
Now the break even sales dollars is
= $42,000 ÷ $67,100 ÷ $110,000
= $42,000 ÷ 0.61
= $68,852.46
Answer:
C. Variables that tend to fluctuate in advance of the overall economy.
Explanation:
Leading Economic Indicators:-These are the stats that come before economic events.They predict the upcoming phase of the business cycle.Which is important for an economy that is coming out of a recession or will be entering into recession.
So these are the variables which will fluctuate or has a tendency to fluctuate when there is advances in the overall economy.
they generally manage hotels for a fee
The correct answer is option A
Reason:
It is during the initial stages of any business where funding is required to meet the working capital. Basically the fund is required to meet the expenses of inventory and account balances on receivable ends. However funds are also required when a business has been established much before and is growing its customer base and revenue but needs fund to expand its business.
Answer:
The amount of the fee is $1689.60
Explanation:
The computation of the amount of the fee is shown below:
= Dollar value × fund charges a 12b-1 fee
= $211,200 × 0.8%
= $211,200 × 0.008
= $1689.60
Since the question has asked the fee amount so we consider the fee charges percentage, not the capital investment Lifecycle fund. Thus, we ignore the Capital Investments Lifecycle Fund as it is not relevant.
Hence, the amount of the fee is $1689.60