Answer:
C) $100,000,000 of assets that it invests on a discretionary basis
Explanation:
For an institutional investor to qualify as Qualified Institutional Buyer (QIB) under Rule 144A of the Securities and Exchange Commission (SEC) it must:
- manage at least $100 million worth of securities
- the securities must come from issuers that are not affiliated with the institutional investor
In case of banks or savings and loans institutions, Rule 144A requires them to have a net worth of at least $25 million.
Answer:
$14,700
Explanation:
Calculation to determine how much is the total budgeted variable selling and administrative expenses for October
Using this formula
Total budget variable selling and administrative =(Sales commissions+Shipping+Advertising+Other)*Budgeted umbrellas
Let plug in the formula
Total budget variable selling and administrative = ($0.60 + 1.20 + 0.30 + 0.35)*6,000
Total budget variable selling and administrative= $2.45*6,000
Total budget variable selling and administrative= $14,700
Therefore the total budgeted variable selling and administrative expenses for October is $14,700
Answer:
Option C is correct P(q) = -0.005q^{2} + 2.25q - 100
Explanation:
Profit P(q) = R(q) – C(q)
Profit = Revenue – Cost
So,
P(q) = -0.005q^{2} + 2.5q - 100 – 0.25q
P(q) = -0.005q^{2} + 2.25q - 100
In order to find break even, you should plug 50 and 400 into the formula P(q) = -0.005q^{2} + 2.25q - 100
Answer:
decrease
Explanation:
As we know the gross profit is the net of sales and cost of goods sold.
Gross profit = Sales - Coast of Goods Sold
Lowering the price will decrease the sales value because sales is calculated by multiplying selling price per unit to number of units sold.
If we keep the cost of goods sold constant, then decrease in price will directly effect the gross profit and will reduce it too.
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