Answer:
Play miniature golf instead of renting the movie.
Explanation: Marginal utility is the added satisfaction derived from spending an extra unit of money.
Now we can see that the consumer values time at $12 per hour, and they'll spend a total of $24 on watching the DVD because this will take 2 hours, the consumer will also spend just $12 on miniature golf because this takes just one hour.
Now factoring the costs of the DVD and the miniature golf into the equation, we have:
Total cost of renting and watching the DVD:
$4 + $24 = $28
Total cost of playing miniature golf:
$13 + $12 = $25
We can see that the consumer will spend less in playing miniature, while getting the same marginal utility with the other option.
I would say B. Quick cash loans. Interest rates are very high & not a good idea in borrowing money. They are designed for people who have poor credit ratings & have no other means to borrow money.
Financial Managers must know how to interpret a company's financial statements to effectively allocate the firm's financial resources and generate the best return possible for the company in the long run.
<h3>Financial Managers</h3>
They analyze the company's finances and report on the finding to their senior managers to maximize profits. Their role mainly includes:
- Prepare financial reports
- Review financial information
- Analyze market position for growth purposes
As with enhancement in technology, financial manager's role is mainly shifted from preparations of reports to analysis and determine the best possible ways for companies to expand.
<h3>Multiple Selections</h3>
Keeping in view the above points mentioned, the financial managers cannot recruit suitable candidates not setting the price of the company's product is their duty. Therefore, these points are invalid.
However, their roles do include allocating the firm's financial resources and generating the best returns for the company to grow in the long run.
Learn more on Financial Managers here: brainly.com/question/1305901
Answer: 7.5%
Explanation:
Given the following :
Coupon rate = 7.5% semi-annually = 0.0375
Coupon or interest payment per period = $37.5
Period (n)= 6.5 years * 2 = 13
Face value(f) = $1000
Price of bond = face value = $1000
Semiannual Yield to maturity = [(((f-p)/n) + C) / (f + p)/2]
Semiannual YTM = [(((1000 - 1000) / 13) + 37.5) / (1000 + 1000)/2]
Semiannual Yield to maturity = [(((0 /13) + 37.5) / 2000/2]
= 37.5 / 1000 = 0.0375 = 3.75%
Yield to maturity = 2 × Semiannual yield to maturity
Yield to maturity = 2 × 3.75% = 7.5%
Answer:
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Explanation:
You have to apply the rate to each activity level.
for example
DL rate 1.20 x 7700 = 9240
The fixed cost remains constant.