1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Korolek [52]
3 years ago
8

Why do you think so many people borrow money for large purchases instead of using a sinking fund

Business
1 answer:
sergey [27]3 years ago
6 0
It is so they have more money for the business
You might be interested in
PLS HELP ASAP! GIVING BRAINLIEST!!<br><br> I need answers to 1 &amp; 2!!
Artyom0805 [142]

Answer:

1.  7.2

2. 9

Explanation:

take 72 and divide by number of years

72/x= ROI

7 0
3 years ago
$82 Using the incremental method, what amount of revenue will be allocated to Math Fun in the package that contains all three pr
Leno4ka [110]

Answer:

$28.62

Explanation:

Calculation to determine what amount of revenue will be allocated to Math Fun in the package that contains all three products

First step is to calculate the Total revenue of three product if sold individually

Total revenue= $21 + $37 + $48

Total revenue= $106

Now let calculate the allocation of revenue to Math fun based on revenue proportion

Using this formula

Revenue allocation= Packaged revenue / Total individually revenue * Revenue of Math fun

Let plug in the formula

Revenue allocation= $82/106*37

Revenue allocation= $28.62

Therefore the amount of revenue that will be allocated to Math Fun in the package that contains all three products is $28.62

6 0
3 years ago
Manufacturer A has a profit margin of 2.0%, an asset turnover of 1.7 and an equity multiplier of 4.9. Manufacturer B has a profi
maksim [4K]

Answer:

1.54

Explanation:

As we know that

The DuPont Analysis is

ROE = Profit margin × Total assets turnover × Equity multiplier

So we considered this formula for Manufacturer A and Manufactured B

Profit margin × Total assets turnover × Equity multiplier =  Profit margin × Total assets turnover × Equity multiplier

2.0% × 1.7 × 4.9 = 2.3% × Asset turnover × 4.7

16.66% = 10.81% × Asset turnover

So, the asset turnover is 1.54

We equate this formula for both Manufactured A and manufactured B

6 0
3 years ago
Diego and his supervisor have coffee together every monday. this is an example of a
Rama09 [41]

Diego and his supervisor have coffee together every Monday is an example of a ritual

<h3>What is a ritual?</h3>

A ritual is described as set of activities which may involve gestures, words, actions, or objects, performed according to a set sequence.

According to Diego and his supervisor, there has a been a constant action performed every week (taking coffee together). Since this act has become repetitive, they have become a ritual.

Hence Diego and his supervisor have coffee together every Monday is an example of a ritual

Learn more on ritual here: brainly.com/question/14067072

#SPJ12

5 0
2 years ago
Blaster Corporation manufactures hiking boots. For the coming year, the company has budgeted the following costs for the product
Aleks [24]

Answer:

a. Sales volume = (Fixed costs + Target income) / Contribution margin per unit

     Fixed costs = ( Percentage of fixed Selling and Admin expenses) +  

      Percentage of fixed Manufacturing expenses

     = 600,000 * 80% + 720,000 * 75%

     = 480,000 + 540,000

     = $1,020,000

30,000 units = (1,020,000 + 900,000) / Contribution Margin per unit

Contribution margin per unit = 1,920,000/30,000

= $64

Sales per unit = Contribution margin per unit  + Variable cost per unit

       Variable Cost per unit = 21 + 10 + (24*25%) + (20 * 20%)

        = $41

Sales per unit = 64 + 41

= $105 per unit

b - 1. Fixed costs = ( Percentage of fixed Selling and Admin expenses) + Percentage of fixed Manufacturing expenses

= 600,000 * 80% + 720,000 * 75%

= 480,000 + 540,000

= $1,020,000

b - 2. Variable Cost per unit

= Direct materials + Direct Labor + variable percentage of Manufacturing overhead cost per unit + variable percentage of Selling and administrative per unit

= 21 + 10 + (24*25%) + (20 * 20%)

= $41

b - 3. Contribution margin = Selling price - Variable cost

= 121 - 41

= $80

b - 4. Breakeven Point = Fixed Cost / Contribution margin

= 1,020,000/80

= 12,750 units

3 0
3 years ago
Other questions:
  • The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:1st Quarter 2nd Quarter 3rd Quarter 4t
    8·1 answer
  • Bank Robbery. Victor robbed Safe Bank of a significant sum of cash. Safe Bank offered a reward of $10,000 for anyone who capture
    14·1 answer
  • A face-saving technique in which all parties involved in an embarrassing situation ignore it and continue their
    6·1 answer
  • In the preparation of departmental income statements, the preparer completes the following steps in the following order: (1 poin
    8·1 answer
  • Mort is employed as brick layer. on the weekends, he also does some landscaping for several businesses and received five forms 1
    11·1 answer
  • How many times will interest be added to the principal in 1 year if the interest is compounded quarterly? A. 6 B. 12 C. 4 D. 3
    5·1 answer
  • Define present value.a. The present value is the value today of a sum of money to be received in the future and in general is le
    15·1 answer
  • What is the purpose of Usury Laws?
    11·1 answer
  • What is your long term career goal?
    13·1 answer
  • You borrow money on a self liquidating installment loan (equal payments at the end of each year, each payment is part principal
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!