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In-s [12.5K]
3 years ago
13

If your goal is to save more

Business
1 answer:
Serjik [45]3 years ago
3 0

Answer:

C. Intentional

Explanation:

Intentional means- done on purpose; deliberate.

You have a goal of saving money so you should have a reason/purpose for your spending instead of doing it without a reason/pourpose

You might be interested in
you buy a 8%. 10 year maturity bond for 980. a year later, the bond price is 1200. assume annual coupon payments. what is the ne
DedPeter [7]

Answer:

5.16%

Explanation:

Missing word <em>"(Assume a face value of $1,000 and annual coupon payments."</em>

Current price of the bond = $980

FV = $1000

Coupon rate = 8%

Term = 10 maturity

After 1 year bond price = $1,200

Remaining life = 9 years (10-1)

New yield rate = [Coupon rate+(Maturity value-Current price) / Useful life] / [0.6*Current price + 0.4*Maturity value]

New yield rate = [1,000*8% + (1,000-1,200) / 9] / [0.6*1,200 + 0.4*1,000]

New yield rate = $57.78 / $1,120

New yield rate = 0.0515893

New yield rate = 5.16%

4 0
3 years ago
A cosmetics maker changes the packaging for its lip gloss from a jar to a tube. This is an example of which product expansion st
nalin [4]

Answer:

Product modification

Explanation:

Product modification means changing something about the product itself- in this case the type of container it comes it. Line extension would mean creating <em>new </em>products, not changing existing ones.

8 0
3 years ago
Question 14
Alexxx [7]

Answer:

Decrease

No change

Explanation:

As we know that

Contribution margin ratio = [(Sales - Variable Costs) ÷ (Sales) ]

Now in the case when the selling price and the variable cost would decreased by 7% so the sales and variable cost would decreased by the similar amount so there is no change in the contribution margin ratio

Also

Contribution Margin per Unit = Sales revenue per Unit - Variable Expenses per unit

Now if the  selling price and the variable cost would decreased by 7% so the contribution margin would also decrease

4 0
3 years ago
Riverside Manufacturing designs and manufactures bathtubs for home and commercial applications. Riverside recorded the following
Papessa [141]

Answer:

variable overhead efficiency variance= $9,200 favorable

Explanation:

Giving the following information:

Riverside recorded the following data for its commercial bathtub production line during ​ March:

Standard DL hours per tub= 4

Standard variable overhead rate per DL hour= $ 8.00

Standard variable overhead cost per unit= $ 32.00

Actual variable overhead costs= $ 18,450

Actual DL hours= 2,050

Actual variable overhead cost per machine hour= $ 9.00

Actual tubs produced= 800

We need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard Rate

SQ= 800 tubs* 4 hours=  3,200 hours

AQ= 2,050 hours

SR= $8 per direct labor hour

variable overhead efficiency variance= (3,200 - 2,050)*8= $9,200 favorable

7 0
3 years ago
If Calibrated believes that orders will fall off by no more than 15% following a 10% price increase, should it go through with t
ra1l [238]

Answer:

should it hold the price constant and meet all the excess demand with an increase in production

Explanation:

to determine if the firm should increase their price or not, we have to determine the elasticity of demand.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded.  the absolute value of elasticity would be less than one

elasticity of demand = 15% / 10% = 1.5

Demand is elastic. if price is increased, the quantity demanded would fall more than the change in price and total revenue would fall.

7 0
3 years ago
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