Its an asset of the household or business.
Answer:
The correct answer is 7,020 units.
Explanation:
According to the scenario, the computation of the given data are as follows:
Fixed cost = $117,000
Selling price = $51
Variable cost = $26
Pretax income to earn = 50% of fixed cost
So, Pretax income = 50% × $117,000 = $58,500
So, we can calculate the units required by using following formula:
Units required = (Total fixed costs + Pretax income) ÷ (Selling price - variable cost)
= ($117,000 + $58,500) ÷ ( $51 - $26)
= 7,020 units.
A high Deductible Plan will get you the least out of pocket expenses
Answer:
The correct answer is 3.
Explanation:
Giving the following information:
Your coin collection contains fifty-four 1941 silver dollars. These coins have appreciated at a 10 percent annual rate.
To calculate the future value, we need to use the following formula:
FV= PV*(1+i)^n
i= 0.10
PV= 54
n= 2060 - 1942= 119
FV= 54*1.10^119= 4,551,172.47
