Answer:
<em>Gross Profit= Sales - Cost of Goods Sold</em>
Cost of Goods sold of 1 unit = $ 450,000/50,000
= $ 9
Cost of Goods Sold of 45,000 units = 45,000 * $ 9
= $ 405,000
<em>Gross Profit of 45,000 units = Sales revenue of 45,000 units - Cost of Goods sold of 45,000 units</em>
= 45,000 * $ 15 (Per Unit rate) - $ 405,000
= $ 675,000 - $ 405,000
= <em>$ 270,000 i.e. option b</em>
Explanation:
Refer to the answer.
Answer:
Real rate of return = 0.94%
Explanation:
The relationship between the nominal rates of return, real rate of return and inflation is:
( 1+ nominal rate ) = ( 1+ real rate) *( 1 + inflation)
or, (1.07) = (1 + real rate) * (1.06)
Hence, the real rate of return is = (1.07)/(1.06) = (1 + real rate of return)
1.0094 = 1 + real rate of return
Real rate of return = 0.94%
Answer:
True
Explanation:
A contract is often used to negotiate for chiccy nuggies with your parents
