<span>National Electronics needs to lower their price because of the double inventory. Big Buy Electronics, on the other hand, needs to lower their price, too, to compete at the market. If the company will not do this, they will get lower sales at that given time. </span>
Answer:
504.15 million.
Please find the detailed answer as follows:
Explanation:
Consider the following calculations. The key to solve the exercise is to apply the formula of compound interest.
Present Value = 190/(1+.18)^1 + (190 -2)/(1+.18)^2 + (190 - 2 - 2)/(1+.18)^3 + + (190 - 2 - 2 - 2)/(1+.18)^4 = 504.15 million
If she is making $3,000 for the whole summer and her rate is $1,000, than the monthly income is $1,000.
Answer:
Contribution Margin $ 5775
Net Loss ( $ 5,200 )
Explanation:
Ticket sales $12,600
Less
Variable Costs
Cost of dinner
Variable Costs ( 15,300- 9000) $ 6,300
Invitations and paperwork (variable costs) <u> $ 525</u>
Less Fixed Expenses
Cost of dinner (fixed costs) $ 9000
Invitations and paperwork (fixed costs) <u>$ 1975</u>
Net Loss ( $ 5,200 )
Contribution Margin is obtained by deducting variable costs from sales and then the profit or loss is obtained by deducting fixed costs from the contribution margin.
