Answer:
Paying 20% of your credit card.
Explanation:
Paying off your balance every month is the best way to avoid interest.
Answer:
A. 736 units.
Explanation:
Operating income, also known as Earnings Before Interest and Taxes, is the income that company generates after paying for its manufacturing, operating, and administrative expenses. It is calculated as:
Operating Income = (SP * Q) - (VC * Q) - Fixed cost
where
SP = Selling Price
Q = Target Quantity
VC = Variable cost
It means that the equation requires us to put the values of SP and VC. We are provided with sales revenue and variables costs at 700 units. This information will be used to calculate the required input variables. We know that;
Sales revenue = SP * Q
Variable cost = VC * Q
Simply put values and you will find that the SP is equal to $128.57, whereas variable cost is $42.86.
Now as we have all the values to calculate the Target quantity, put values in the equation:
⇒ 41,000 = (128.57 * Q) - (42.86 * Q) - 22,000
OR 41,000 + 22,000 = Q (128.57 - 42.86)
OR 63,000 = Q (85.71)
⇒ Target quantity = Q = 736 units.
<u>Answer</u>:
<u>True</u>
Explanation:
When it comes to an investment individuals usually look for investments with the highest return on investment. However, if it is a loan the individual will definitely prefer lower interest rate loans because the interest is an amount that would be paid two the loan issuer.
For example, a 10% interest loan of 1 million dollars implies that you will be paying $1,100,000 (1.1 million) when the loan period ends even though you collected only 1 million.
The available options are:
A) we see countries specializing completely in the production of automobiles.
B) the quality of imported automobiles is less than it could be.
C) different countries may each have a comparative advantage in producing different types of automobiles.
D) consumers of automobiles have difficulty deciding what type of imported automobile to buy.
Answer:
C) different countries may each have a comparative advantage in producing different types of automobiles.
Explanation:
According to the principle of comparative advantage, Automobiles and many other products are differentiated. As a result of "different countries may each have a comparative advantage in producing different types of automobiles."
This is evident in the fact that some countries may have a comparative advantage to produce Trucks than cars, while some may have a comparative advantage in producing caterpillar than Trucks.
This is also similar in a variety of other products. The comparative advantage could be based on raw materials, expertise, climates, etc.