Answer:
Results are below.
Explanation:
<u>First, we need to calculate the selling price per composite unit:</u>
<u></u>
selling price per composite unit= 1,280*0.6 + 530*0.4
selling price per composite unit= $980
<u>Now, the unitary variable cost per composite unit:</u>
Variable cost per composite unit= 780*0.6 + 280*0.4
Variable cost per composite unit= $580
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per composite unit
Break-even point in units= 150,000 / (980 - 580)
Break-even point in units= 375
<u>Finally, the number of units per product:</u>
Desks= 375*0.6= 225
Chairs= 375*0.4= 150
The Internal rate of return (IRR) of an investment is found to be 13%.
<h3>What is Internal rate of return (IRR)?</h3>
The internal rate of return (IRR) is a financial analysis metric used to estimate the profitability of possible investments.
- In a discounted cash flow analysis, IRR is a discount rate that renders the net present value (NPV) among all cash flows equal to zero.
- IRR calculations employ the same method as NPV calculations.
- Keep in mind that the IRR is not the project's actual dollar value.
- The annual return is what brings the NPV to zero.
Now, according to the question;
Total investment = $18,500.
Returns = $5,250/year
Time = 5 years
Use the formula for calculation of IRR value.
$18,500 = $5,250 {[1 - 1/(1 + IRR)5] / IRR}
Simplyfying,
IRR = 12.92%
Therefore, the internal rate of returns are calculated as 13% (approximately).
To know more about internal rate of return, here
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Answer:
The data-mining technique that creates a report or visual representation is summarization.
Explanation:
The business world has changed drastically over the years in terms of marketing and service delivery because of growth in technology. The use of machines and internet has caused a greater need for access and analysis of information in such a way that can make a business thrive in the market. This means that most businesses have to look into better data-mining techniques that can assist them in the competitive business environment.
The different data mining techniques include; association-rule learning, classification, summarization and regression. They are explained further as follows:
1. Association-rule learning: this is a machine learning technique that discovers a relationship between large databases using the concept of strong rules.
2. Classification: this technique finds similarities in features of two or more data sets and groups them into the same category.
3. Regression: this is a predictive technique that is used to identify and analyse the likelihood of a specific variable.
4. Summarization: this technique takes the results from the data and puts it in a way that it is short and understandable by most people. It usually involves the use of tables and other data summarization software like Excel sheets to represent the data in a way that conclusions can easily be drawn. Data summarization is important especially in the digital world where large amounts of data are available for analysis and transfer. This technique helps in breaking down huge data into short comprehensible reports that can easily be used for quick decision making.
Answer:
Hillsboro Bank
Explanation:
Jason has 4 banks to choose from:
Hillsboro First National Trust South Sun Coast
15 checks $3 $8 $0 $7.50
8 ATM's $4 $12 $12 $12
<u>no minimum $6 $7 $11 $2.50 </u>
total $13 $27 $23 $22
Jason should choose Hillsboro bank because his total monthly fees will be lower.
Answer:
business activities in India
<h3>1) Manufacturing - </h3>
- When product is manufacture or made to that it cn be sold in Market
<h3> </h3><h3>2) storage - </h3>
- After the product is ready it required some space to store until it would sold in the market
<h3>3) transporting</h3>
- as per the demand it will transport from one place to another
<h3>4) financing - </h3>
- It requires some money to meet the expense before solding a product
<h3>5) marketing</h3>
- to let people know about the product so that more products will be sold
There are other activities also such as managing, accounting etc
