Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
C. being outdoors, horticulture, raising animals
Explanation:
Horticulture refers to the process of cultivating trees, plant agriculture either for promoting recreational activities, for decoration or food purposes. If Fred takes interest in Agriculture, food and natural resources; that means he would practise horticulture as a career. Also, other source of foods which includes activities such as raising animals, fishing, hunting, etc would require Fred to be outdoor. The animals raised in outdoors are mostly farm animals.
Because of the last recession, many companies decreased financial donations but encouraged their employees to volunteer their times to corporate social initiatives and project.
This way, they can gain the public favor by putting it on their corporate social responsibility.
The more time the higher the interest rate
Answer:
To break even the company must sell
Explanation:
The position at which the company is at no profit and loss position then it is said that the company is at breakeven position.
Break-even position can be found from the following position:
Breakeven position = Fixed cost / contribution per unit
The fixed cost here is initial investment which is $9900 and the contribution can be found by taking the difference between selling price per unit and variable cost per unit. The contribution per unit is $0.55 per unit ($1.2 - $0.65). By putting values in the above equation we have:
Breakeven position = $9900 / $0.55 per unit = 18000 Units
So 18000 units are required to sell to reach at a no profit no loss position.
