Answer:
Break-even point (in units) 1300 units
Break-even point (in dollar) $650,000
Explanation:
The break-even point is the level of sales that is required to cover all fixed costs of the firm and the break-even point in units can be computed thus:
break-even point in units=fixed costs/contribution margin per unit
fixed costs=$260,000
contribution margin per unit=selling price-variable cost
contribution margin per unit=$500-$300
contribution margin per unit=$200
break-even point in units=$260,000/$200
break-even point in units=1,300 units
units Break-even point (in dollar) $=break-even point in units*selling price
break-even point in units=1300*$500
break-even point in units=$650,000
Answer:
c
Explanation:
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Answer:
$17,549
Explanation:
Data given in the question
Number of years = 10
Invested amount = $1,000 per year
Rate of interest = 12%
So by considering the above information, the accumulated amount is
= Invested amount × future value of an annuity for 12% at 10 years
= $1,000 × 17.549
= $17,549
Refer to the Future value of an annuity table
In order to find out the accumulated amount we simply multiplied the invested amount with the factor
Answer:
Option (C) is correct.
Explanation:
Given that,
Population rises from 40 million to 44 million
Country's Real GDP rises from $825 billion to $890 billion during this same period.
Therefore,
This country experiencing a absolute economic growth because of the rise in real GDP.
Initial per capita growth:
= Initial Real GDP ÷ Initial Population
= $825 ÷ 40 million
= $20.625
New per capita growth:
= Increased Real GDP ÷ New Population
= $890 ÷ 44 million
= $20.227
Above calculations clearly shows that there is a decline in the per capita growth.
Hence, there is an absolute economic growth but not per-capita real.