Answer:
Jensen company has a contribution margin ratio of 45%. This means that its variable costs are 55% of sales.
This statement is true
Explanation:
Contribution margin ratio is the ratio of contribution to sales. Since the contribution margin ratio is 45%, it implies that variable costs are 55% of sales.
Answer:
Current multi factor productivity for 640 work hours per month is 0.24 loaf/dollar
Explanation:
Employees are being paid $8 per hour,
Constant utility cost per month will remain same as $600
and loaf ingredient cost $0.35/loaf
Current multi factor productivity for 640 work hours per month is 0.24 loaf/dollar
640 hours * $8/hour = $5,120
1500 loaves * $0.35 = $525
$5,120 + $525 + $600 = $6,245
= 1500 loaves / $6,245
=0.24 loaf/dollar
Answer:
<u>B.</u><u> It contains tables with fields that are associated with one another.</u>
<em>Why the other choices are wrong</em>
C and D are wrong because a relational database is a database that contains tables with fields that are associated with one another. D is wrong because it is a feature that is used to add queries to tables.
<em>Further explanation of concepts:</em>
What is a relational database?
A relational database is a database that stores data in the form of tables. The tables are then linked together by relationships. This makes it easy to access data in the database and to create new relationships between data.
What are queries?
Queries are how you search for and manipulate data in a relational database. Queries can be used to find specific data, to update data, or to delete data.
Answer:
14%
Explanation:
Rate of return = Coupon + (Selling price - face value) / face value
Rate of return = $98 + ($1,020 - $980) / $ 980
= 0.14
= 14%
YTM = [C + (F - P) / n] ] / [(F + P) / 2 ]
Where:
- C = Coupon
- F = Face Value
- P = Selling Price
- n = Years to Maturity.
YTM = [$98 + ($980 - $1020) / 5] ] / [($980 + $1020) / 2 ]
= 0.09
= 9%
Thus, the yearly rate of return (14%) is higher than the coupon rate (10%), and the YTM (9%).
Answer:
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.
Explanation: Refer to top
