Answer: The statement 2, "Finding the present value of cash flows tells you how much you need to invest today so that it grows to a given future amount at a specified rate of return." Is <u>TRUE.</u>
Explanation: "Finding the <u>FUTURE VALUE </u>of cash flows tells you what a cash flow will be worth in future years at a specified rate of return." is the definition for FUTURE VALUE.
The contribution margin is the difference between sales volume and variable costs.
Or to put it another way: the contribution margin is the profits of a company, without considering the fixed costs.
We have then:
MC = $ 120 -60 $ = $ 60
Answer:
the contribution margin per unit is $ 60
Based on how they carry out the effort and how well they perform the task at hand
If Agatha has worked for ten years in the public relations department of a large firm. she has been promoted to several higher paying managerial positions, but never to an executive position, even though she has directed several successful projects for the firm, her lack of promotion most likely illustrates the glass ceiling. It is the barrier that keeps women and young people in achieving high positions.
