The money you still owe to the credit card company
(D)
Answer:
Barry cannot contribute any amount to Roth IRA
Explanation:
For a single/ unmarried individual to be able to contribute to Roth IRA plan, his Adjustable Gross Income (AGI) should range between $117,000 and $132,000. Since Barry's annual income is $190,000, which is higher than the maximum AGI required for a single to be able to contribute to Roth IRA, he cannot contribute to Roth IRA.
Answer:
The current yield for Bond P is 21.49%
Explanation:
Current value of bond = Face value/(1+ YTM)^n
= $1000/((1+7.6%)^11) = $446.75
Annual coupon payment of Bond P = par value x coupon rate = $1000 x 9.6% = $96
Current yield of bond = annual coupon payment/ current value of bond
= $96/ $446.75 = 21.49%
Answer:
<u>Pulsing </u>
Explanation:
Pulsing refers to an advertisement scheduling strategy, whereby advertising for products operates at low level throughout the year, except for special days and occasions wherein the products get massively advertised.
During peak seasons, the products get heavily advertised.
In the given case, the beer industry follows such advertisement schedule whereby throughout the year advertising is conducted at a moderate level and during peak days witnesses a substantial jump.
Such an advertisement schedule is referred to as Pulsing.
Answer:
$27.90 per unit.
Explanation:
Given that,
Variable cost per unit = $12.50
Fixed costs = $500,000
profit = $270,000
sales volume = 50,000 units
Total cost:
= Fixed cost + Variable cost
= $500,000 + ($12.50 × 50,000)
= $1,125,000
Sales revenue:
= cost + profit
= $1,125,000 + $270,000
= $1,395,000
Selling price per unit:
= Sales revenue ÷ Number of units sold
= $1,395,000 ÷ 50,000
= $27.90 per unit.
