A simple discount note results in i<span>nterest that are deducted in advance, this can just be simply called a discount. </span><span> It is usually being confused with markdown. </span><span>Discount is a deduction in the price of a product base on the purchase of the customer while markdown is a reduction of price based on inability to be sold. </span>
when a binding price ceiling is imposed on a market for a good, some people who want to buy the good cannot do so. So the correct answer of your question is True.
Binding Price Ceiling
On the other hand, if a price ceiling's level is set below the equilibrium price that would develop in a free market, it renders the free market price illegal and alters the outcome of the market. As a result, we can begin examining the impacts of a price ceiling by figuring out how a legally binding price ceiling will impact a market that is competitive.
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Complete Question
Answer:
See below.
Explanation:
The formula to calculate target profit is as follows,
Target sales = Fixed costs + Target profit / contribution per unit.
Contribution = 120 - 80 = $40
For 10,000 in profits,
Target units = (50000+10000)/40
Target units = 1500 units
For 15000 in profits,
Target units = (50000+15000)/40
Target units = 1625 units
Hope that helps.
It is true that morbidity statistics more precisely define the health of a population than mortality statistics.
Morbidity statistics deals with illness within a nation - it is a record about various diseases that people suffer from. So obviously this statistics will be more beneficial for determining the health of a population than a number of dead people.
Answer:
ROE 2016 = 34.375%
Explanation:
ROE or return on equity is a measure of the profitability of the business. It is calculated as a relation of profitability to the equity.
The Dupont equation is an expanded version of calculating the ROE. It is calculated using the Net Profit Margin, the Total assets turnover and the equity multiplier.
The formula for calculating ROE under this method,
ROE = Net Income / Sales * Sales / Total Assets * Total Assets / Equity
ROE (2016) = 11000 / 100000 * 100000 / 125000 * 125000 / 32000
ROE (2016) = 0.34375 or 34.375%
