Answer:
Break-even point (dollars)= $219,000
Explanation:
Giving the following information:
Selling price per unit $270
Variable expense per unit $78.30
Fixed expense per month $ 155,490
To calculate the break-even point in dollars, we need to use the following formula:
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 155,490/ [(270 - 78.3)/270]
Break-even point (dollars)= $219,000
Answer:
see below
Explanation:
Personal income is the total earning an individual gets from wages, investments, bonuses, dividends, profits, or other ventures. It is the sum of a household income. Personal income is calculated per period, usually one year.
Economic conditions refer to the prevailing state of a country or region's economy. Economic conditions are ever-changing and are influenced by business cycles of expansions and contraction, government fiscal and monetary policies, macroeconomic factors, and global factors. Governments and investor use indicators to tell the state of the economy
Economic conditions impact people's and business income. Government policies and global economics influence the level of economic activities. The expansion period has increased economic activities are leading to increased incomes. At contraction, business activities decline, resulting in reduced income.
Answer:
present value = $8396.19
Explanation:
given data
cash flow = $10,000
rate r = 6 %
time period t = 3 years
to find out
present value of the note
solution
we get here present value that is expressed as
present value =
....................1
put here value and we will get present value
present value =
solve it we get
present value = $8396.19
Answer:
PV= $35,217,78
Explanation:
Giving the following information:
Future value= $2,500,000
Number of periods= 63 years
Interest rate= 7% compounded annually
<u>To calculate the value of the prize today, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 2,500,000 / (1.07^63)
PV= $35,217,78
Answer:
$58.729
Explanation:
To find the answer, we need to use the present value of an annuity formula.
The formula is:
P = X [(1 - (1 + i)^-n) / i ]
Where X is the annual instalment
P is the present value of the investment (500,000 in this case)(
i is the interest rate (10% in this case)
and n is the number of periods (20 years in this case)
We now plug the amounts into the formula:
500,000 = X [ (1 - (1 + 0.10)^-20) / 0.10 ]
500,000 = X [8.51356]
500,000 / 8.51356 = X
58,729 = X
So the value of the equal annual instalment will be $58.729