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Answer:
$875
Explanation:
Generally, the relationship can be expressed as interest rate = Coupon Payment / Face Value.
Initially a 7% market rate a investor gets 7% which gives a coupon payment of $70 because the face value of 1000.
Hence 70/1000 = 7%
Subsequently with the interest rate change, we can look for the bond price.
Substitute 8% for the interest rate and find the revised bond value which will fall as rate increases
$70/bond price = 8%
Then $70/ bond price = 0.08
0.08 x bond price = $70
bond price = $70 / 0.08 = $875
Answer:
See below.
Explanation:
The formula to calculate target profit is as follows,
Target sales = Fixed costs + Target profit / contribution per unit.
Contribution = 120 - 80 = $40
For 10,000 in profits,
Target units = (50000+10000)/40
Target units = 1500 units
For 15000 in profits,
Target units = (50000+15000)/40
Target units = 1625 units
Hope that helps.
Answer:
2. He starts his day by looking at how well he’s doing on his company’s key performance indicators.
4. He values what his coworkers think and encourages them to give their opinions in his marketing meetings.
Explanation:
In order to evaluate and adapt, a constant critical analysis and different visions are a sole focus. In order for Levi to grow as strategist, he needs to keep an eye on the goals and keep daily updates of what is done and what more needs to be done.
For him to develop his vision broader, he can take opinions from the coworkers and encourage them for it because it will give him a different perspective of the same situation which is always helpful in terms of finding solutions to problems.