1/2
1/2
1
1
3/5
2/3
1/4
1/6
5/6
2/3
1/2
4/5
Answer:
a. If you receive cash as a gift, save at least part of it.
b. Pay your bills on time to avoid late fees and finance charges.
c. Use direct deposit or set up your account to automatically transfer money directly into savings.
d. Save any extra money you get as a raise or bonus from your employer.
e. When you get a tax refund, save it.
Explanation:
The items above are clearly helpful to save while<em><u> the next two may require additional considerations:</u></em>
f. If your employer offers a retirement plan, join it.
You should analyze this investment option as you do with all your investment, you shoud not go willingly blind into accept a proposal.
g. Avoid debt.
If you are going into debt to acquire assets or leverage an already existing investment the debt will help you, not hurt you.
While the others are prcedures to generate savings this are den which require thinking into it.
Answer:
$1,700,000
Explanation:
Contribution margin is the difference between the total sales and the total variable cost. Both sales and variable cost are functions of the number of units sold. As the number of units sold increases, so does sales and variable cost and vice versa.
The fixed cost is deducted from the contribution margin to get the pretax income.
Hence given
Sales = $3,200,000
Contribution margin = $1,500,000
Variable cost = $3,200,000 - $1,500,000
= $1,700,000
Answer:
0.28 %
Explanation:
Property A:
Percentage change in prices= (New price – old price)/Old price
= (375000 – 350000)/350000
=.0714= 7.14%
Monthly percentage= 7.14/24= .2975%
Property B:
Percentage change in prices= (New price – old price)/Old price
= (340000 – 325000)/325000
= .0461= 4.61%
Monthly percentage= 4.61/18= .256%
As they have equal weightage= (.256 + .2975)/ 2
= .2767= .28%
Answer:
C. Increases
Explanation:
When payment frequency increases, it results to lesser amount per payment which will lead to a higher total amount of premium paid. consider this general rule of thumb; the greater the number of payments, the higher the actual premium paid over the course of the year.
