The part of Mateo's goal that is missing in regards to buying the guitar in two months is the amount that is saved towards the goal.
<h3>What detail is missing?</h3>
The scenario painted talks about the amount that Mateo earns per week which is $500. Earning this amount, he should be able to purchase the guitar in 5 weeks if he devotes it all to the guitar.
He however says he can only buy the guitar in two months which means that the entire amount is not going towards the guitar. The missing detail is the amount that is saved every week.
Find out more on saving at brainly.com/question/341992.
The answer to the question above is "evaluation of alternatives" which is the step when a consumer arms with information and narrows down his/her choices by comparing the pros and cons of each remaining option. There is several steps of consumers decision making process. This step is the third step in the process.
Answer:
<u>b. We cannot find adequate industry averages</u>
Explanation:
- Ratio analysis is a process for determining also to interpret the relationship between the items of financial statements. It aims to provide a meaningful understanding of the position of the organization.
- There are five basic types of ratios as the profitability, the liquidity, the activity, debt, and market thus its use for an intra and inter-firm comparison, useful in locating weaker areas, helpful in addressing the operating efficiency and simplifies accounting data.
Answer:
Explanation:
given data
all equity capital structure = 75,000 shares
debt and equity = 40,000 shares
debt = $320,000
interest rate = 6.25 percent
to find out
break even level of earnings before interest and taxes ( EBIT )
solution
first we get interest that is
interest = $320,000 × 6.25 %
interest = $20000
so now we can say that break even level of earnings before interest and taxes between these 2 is express as
solve it we get
EBIT = $42857.14
so correct option is e. $42,857.14
