3 years ago

If Sam invested $3,000 and he earned $300 over six months, the principal is _____.

1 answer:

6 0

When we say the principal amount, we are talking about the amount that was initially invested. So if we say that Sam invested 3000 in an investment opportunity and earned 300 in six months, the 3000 is the principal amount and 300 is the profit.

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Scientific management foucuses on increasing efficiency at increasing operating efficiency at the _ level of management

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3 years ago

Abner Corporation makes a product that sells for $200 per unit. The Variable Costs per unit are $120. Fixed Costs total $500,000

weqwewe [10]

Answer:

6,250 units to break even.

Explanation:

Let's call x the number of units needed.

We know the sales price ($200/unit).

We know the cost of production ($120/unit)

And to break even, the Abner Corporation need to cover their fixed costs of $500,000.

That can be modeled like this:

200x - 120x = 500000 (sales price - cost price to get 500K)

we simplify and solve:

80x = 500000 (making $80 profit for each unit)

x = 6,250 units

Abner Corp needs to sell at 6,250 units to break even.

Since it is selling 7,500 units, they are making a profid.

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3 years ago

Luis received his account statement. He needs to make sure the balance in his checkbook register is correct. To reconcile his ch

pishuonlain [190]

Add alll of the transactions together

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3 years ago

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Gordon Company sold 2,000 more units than budgeted of its only product. How will total fixed cost be affected

Aleks04 [339]

Answer: b. Remain constant

Explanation:

Fixed costs as the term implies, do not change depending on the units produced or sold but rather remain constant over the period. If the company sells 2,000 or 5,000 more units, the fixed costs will remain constant.

For instance, if the rent of the selling warehouse is $4,000 per month and the company stores and then sells any number of units, they will still pay $4,000 regardless.

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Using a check register log

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