Answer:
60.60%
Explanation:
The computation of the percentage of your salary would go to pay for the first year of your child's college education is given below:
The salary after 10 years would be
= 80000 × 1.03^10
= 107513.31.
Now Similarly, the college fees after 10 years would be
= 40000 × 1.05^10
= 65155.78.
So, the percentage would be
= 65155.78 ÷ 107513.31
= 60.60%
Answer:
A
Explanation:
Contribution margin is used to determine the profitability of a product. it is price less variable cost
Contribution margin = price - variable costs
Price = revenue / quantity sold
$440,000 / 11,000 = 40
Variable cost = total variable cost /output
$110,000 / 11,000 = 10
contribution margin = 40 - 10 = 30
Answer:
Expected Interest Rate = 1.8%
Explanation:
The computation of the expected interest rate on a one year bond is shown below
Interest Rate expected in nth year would be
= (Sum of individual interest rates in n years) ÷ n + liquidity premium in nth year
1.6% = (1.2% + Expected Interest Rate) ÷ 2 + 0.1%
1.5% × 2 - 1.2%= Expected Interest Rate
Expected Interest Rate = 1.8%
Answer:
c) Deciders
Explanation:
The group responsible for making the buying decision in companies is referred to as the deciders group. They use the information to decide what to buy and how.
Many new business owners prefer a limited liability structure because there are less liable at a loss towards the business. Personal assets are not needed to be sacrificed
