Answer:
EAR = 8.24%
Explanation:
EAR = (1+APR/n)^n-1
Where n is number of compounding per year = 4
EAR = (1+8%/4)^4 - 1
EAR = (1 + 0.02)^4
EAR = (1.02)^4
EAR = 1.08243216 - 1
EAR = 0.08243216
EAR = 8.24%
Answer:
$1.5 million.
Explanation:
Calculation of the amount of the break-even sales for Grace Food Company:
Sales mix calculation will be:
Corn Flakes = $2,000,000/$2,500,000
= 0.80,
Frosted Flakes = $500,000/$2,500,000
= 0.20.
Calculation for the Contribution margin ratio will be:
(60%) × (0.80) + (50%) × (0.20) = 58�lculation for the Break-even point will be:
Break even point= Total Fixed Costs/Overall Contribution margin ratio
Hence,
$870,000/0.58= $1.5 million.
Therefore amount of break even sales will be $1.5 million.
A shortage in the marketing occurs if the quantity demanded is larger than the quantity supplied. If a shortage exists in a market, the natural tendency is for the price to increase. Gas is a great example if price increases when there is a shortage within the market. Whenever there is a shortage in gas we often see the price of gas driving upwards of cents to dollars more per gallon. This happens because the market is aware that even with the increase in price, people still need purchase gas to live daily life. Therefore, as it's rising in price, people are still purchasing and likely it will keep climbing for a little while.
Answer:
b. Australia, Swaziland, and the United States.
Explanation:
The three industrialized nations that do not provide paid maternity leave by law are Select one: Australia, Swaziland, and the United States.
The United States has been said to be the stingiest of all developed nations as it leads the way as the richest developed country but still don't guarantee paid maternity leave.
Most others including Canada, mandates paid time off to women after they give birth.
Answer: Variable cost of production
Explanation:
Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases. Examples of variable costs include the costs of raw materials and packaging.
Variable cost is the cost that covers through the production phase and changes as production is being finalized. This cost changes price variables depending on how much the company produces. The rise and fall of production determines their final position in pricing. Packaging and the various material cost are examples of variable cost.
