Answer:
The problem with variable rates is that they vary, i.e., they might unexpectedly increase and the increase might be pretty significant. One of the main factors leading to the Great Recession was the housing bubble and the increase in mortgage interest rates. Normally, interest rates tend to increase, they might sometimes decrease, but generally they only go up and up.
Even though the fixed interest rate might be higher, it will not change and that guarantees that you will always pay the same amount and that you can prepare your personal budget to cover it.
Answer:
The contribution margin ratio per composite unit for Youth:Adult:Recreational models is 25%:45%:30% .
Explanation:
The given sales mix ratio is 5:9:6 for Youth:Adult:Recreational cycle models.
The first step would be to calculate the combined contribution margin per unit =
$105 x 5 + $450 x 9 x $500 x 6 / 20
(HERE 20 IS THE TOTAL NUMBER OF UNITS)
= 525 + 4050 + 3000 / 20
= 7575 / 20
= 378.75
Now calculating the individual contribution unit of youth, adult and recreational from the total combined units -
Youth = 378.75 x 5 / 20
= 94.6875
Adult = 378.75 x 9 /20
= 170.4375
Recreational = 378.75 x 6 /20
= 113.625
Now calculating what percentage they form -
Youth = 94.6875 / 378.75 x 100
= 25%
Adult = 170.4375 / 378.75 x 100
= 45%
Recreational = 113.625 / 378.75 x 100
= 30%
Answer:
An increase of $54
Explanation:
Any increase in current assets will decrease in cash. On the other hand, any decrease in current assets will increase cash balance.
Inversely, any increase in current liabilities will increase cash and any decrease in current liabilities will decrease cash balance of the period.
Increase in inventories ($248)
Increase in accounts payable $186
Decrease in accounts receivable $139
Decrease in other current asset $61
Decrease in other current liabilities ($84)
Total change $54 - an increase in cash
Explanation:
Problem 1: Unable to score high
During my middle school, I couldn't understand the concept properly, so I started memorizing, remember half and forgot half, so got only 50%.
Later on I understood the fact that I have to imagine and understand when the teacher teaches, and then I reached 90% in my high school.
Problem 2: Missed to make first impression
I starts to understand and progress slowly in my career path. I couldn't identify the reason though I am so skilled.
Finally I analyzed and found that I missed to make "my first impression". So after doing that, the career growth was drastic.
Problem 3: Decision making
Once I dropped my profession due to various reasons, I don't know where to move next. I was stuck.
Later on, I found that, I am good business man and started growing well.
