The correct statement about relevant costs and relevant revenues is the initial investment of $250,000, the projected revenues, and the projected costs are all relevant.
In order to determine the profitability of a project, the initial cost of the investment, the projected revenues and projected costs are relevant. These costs and revenue are necessary in calculating the investment's profitability using the capital budgeting methods.
Capital budgeting methods are used in determining the profitability of an investment. Sunk cost are costs that have already been incurred and they cannot be recovered.
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Contests and sweepstakes are common promotional tools used by companies to attract customers to their company or product.
A contest is slightly different from a sweepstakes in that it requires participants to complete some sort of challenge, such as a trivia question, or demonstrate talent or skill.
<h3>What is the purpose of a sweepstakes?</h3><h3>Sweepstakes Provide Valuable Market Research</h3>
Companies use giveaways to get insight into how their potential customers think, spend their time, or use the company's products.
The company can use the results of their surveys to make future advertisements more effective.
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Answer:
$90,000
Explanation:
The computation of the total fixed cost is shown below:
Sales $275,000 (25,000 units × $11 per unit)
Less: Variable cost $125,000 (25,000 units × $5 per unit)
Contribution margin $150,000
Less: Pre tax income $60,000
Total fixed cost $90,000
We simply find out the contribution margin and then subtract it from it so that the total fixed cost could come
Answer:
C. Subtract NSF checks from the company's balance.
Explanation:
<span>P = (1+R/n)^T*n
[P = principle, R = annual rate, n = number of periods per year & t = the number of years.]
25,000 (1+.065/2)^30*2
15,000 * 1.0325^60
15,000 * 4.24942 = </span><span>$163,823</span>
ANSWER FOR THE AMOUNT OF THE INVESTMENT AT AGE 50.