Answer:
- total contribution margin will increase by $0.70
- net operating income will increase by $0.70
Explanation:
Answer:
Amortization Schedule is attached with answer please find it.
Explanation:
Loan Payment includes the the principal and interest payment for the period. First we calculate the interest portion in the payment and then residual amount after deducting the interest portion is considered as the principal payment.
In this question the loan payment of $47,479 includes the Interest payment and principal payment as well, which is shown separately in the schedule.
A unilateral contract
With each cup of coffee purchased, the cashier punches a space. The card can be used to redeem a free coffee once all ten spaces have been punched. This serves as an illustration of a unilateral contract.
-Unilateral contract - A unilateral contract explicitly states that payment will only be provided in exchange for performance by one side. A prize or a competition is another illustration of a unilateral contract. In a unilateral contract, the offeror has the right to withdraw it prior to the offeree's commencement of performance. Usually, the revocation must be made in writing. An insurance policy contract, which is typically only partially unilateral, is an illustration of a unilateral contract. The offeror is the sole party having a contractual responsibility in a unilateral contract. Most unilateral agreements are one-sided.
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One option that has broadened distribution for Broadway shows is the creation of touring companies. Touring companies visit different countries to perform. It could last for days or weeks at a time in a particular area before proceeding on to the next. Thanks to touring Broadway, people can see the same shows New York viewers see—in their hometown.