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Brums [2.3K]
3 years ago
10

You are a loan officer at a bank. An applicant comes to

Business
1 answer:
oksian1 [2.3K]3 years ago
3 0
The bank would want to know the person’s credit history so the bank knows the person will repay the loan.
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In the month of March, Ivanhoe Salon services 550 clients at an average price of $150. During the month, fixed costs were $26,88
GrogVix [38]

Answer:

Explanation:

Variable cost = 60% x $150 = $90

a) Total contribution margin in dollars = ($150 - $90) x 550 = $33,000

b) Unit contribution margin = 150 - 90 = $60

c) Contribution margin ratio = 60/150 = 40%

5 0
3 years ago
The file manager is a user blank.
uysha [10]

Answer:The file manager is a user (blank).

(blank) is an example of a file manager in Microsoft Windows

Explanation:

6 0
3 years ago
Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $580,000, vari
vesna_86 [32]

Answer:

Net income= -$34,200

Explanation:

Giving the following information:

Beta Division:

Sales= $580,000

Variable expenses= $301,600

Traceable fixed expenses of $186,500.

Income= 91,900

Alpha Division:

Sales of $510,000

Variable expenses of $178,500

Traceable fixed expenses of $222,100.

Income= 109,400

The total amount of common fixed expenses not traceable to the individual divisions is $235,500.

<u>We need to deduct from the income of each division the not traceable fixed costs.</u>

Net income= 91,900 + 109,400 - 235,500

Net income= -$34,200

4 0
3 years ago
. As you start consuming potato chips, your marginal utility is very high, but it begins to fall slowly until you've eaten 10 ch
scoray [572]

Answer:

The correct answer is 10 chips.

Explanation:

A person is eating chips. Initially, the marginal utility is very high, but after 10 chips it starts declining. It declines till 49 chips and after that it becomes negative.  

We see that the marginal utility derived from the consumption of chips start to decline after consuming 10 chips.

This implies that marginal utility is being maximized at the consumption of 10 chips.  

So the utility-maximizing quantity of chips is 10 chips.

6 0
3 years ago
Suppose that you want to construct a 2-year maturity forward loan commencing in 3 years. The face value of each bond is $1,000.
Alex

Answer:

=830.92/664.94=1.249616507

Explanation:

3 0
3 years ago
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