Answer:
The correct answer is B. 6.000
Explanation:
Gross profit only includes Sales Revenues and cost of goods sold. So you have to ignore all others. In this case the solution is given for Sales Revenues 10.000 - cost of goods sold 4.000 = Gross profit 6.000. Hope it helps
Answer:
(a) = $468
(b) = 52%
(c) = $144
(d) = 28%
(e) = $1150
(f) = $920
Explanation:
selling price variable cost contribution margin contribution ratio
1. $900 $432 (a) $ (b)%
2. $200 $ (c) $56 (d)%
3. $ (e) $(f) $230 20%
contribution = selling price - variable costs
Margin contribution ratio = contribution / sales
Variable cost = selling price - contribution
Selling price = contribution / margin contribution ratio
Answer:
Present value deposit today = 216,886 (Approx)
Explanation:
Given:
Number of year (n) = 16 years x 4 quarter = 64
Rate of interest (r) = 1.6% = 0.016 / 4 = 0.004
Future value = $280,000
Present value = ?
Computation of present value deposit today:
Present value deposit today = 216,886 (Approx)
<span>In this case, Sara will see the ramen as a good that is more elastic in demand than will Sean. This will mean that, as income drops for Sara, she will purchase less of the good than will Sean. Sean will end up purchasing less of the good if he has an increase in income.</span>
Answer:
D. 102.2
Explanation:
Using a simultaneous equation
Since the year is constant
We will use the the basis and municipal bond as our variables
So equation 1 = 7x+5y=104
Eqn ii= 6x + 5y= 101
Using eliminating method
X=3
Substitute for x in equation 1 to get the value of y
7(3) + 5y=104
5y=104-21
Y=16.6
To get the price for the percent of 6.40 at 5% basis substitute for the value of X and Y respectively in the both equation
6.4x+5y=?
6.4(3) + 5(16.6)=
19.2+83=102.2
