Answer:
Break-even point in units= 300,000 units
Explanation:
Giving the following information:
Desired profit= $100,000
Selling price per unit= $9
Unit variable cost= $8
The total fixed costs are $200,000
<u>To calculate the number of units to be sold, we need to use the break-even point in units formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (200,000 + 100,000) / (9 - 8)
Break-even point in units= 300,000 units
To receive a specific reliable return on your investment.
It is a specific return because it is pre-set and you know what you can expect to get up front. It is reliable because bonds are low risk and generally safe investments.
Low risk/low reward.
Channel Assembly or maybe Assembly Line
I hope that helped!
Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. The idea of opportunity costs is a major concept in economics. Because by definition they are unseen, opportunity costs can be easily overlooked if one is not careful.
Examples of Opportunity Cost. Someone gives up going to see a movie to study for a test in order to get a good grade. The opportunity cost is the cost of the movie and the enjoyment of seeing it. ... The opportunity cost of taking a vacation instead of spending the money on a new car is not getting a new car.
Answer:
(i) 7.54%(Approx).
(ii) $8,995,138.42(Approx).
Explanation:
Given that,
Winner’s prize money = $220
In 2016,
Winner’s check = $1,460,000
We use the formula:

Where
,
A=future value
P=present value
r=rate of interest
n=time period.
n = 2016 - 1895
= 121
(a)


(1+r/100) = 1.075440035
r = (1.075440035 - 1) × 100
= 7.54%(Approx).
(b)
n = 2041 - 2016
= 25


= 1,460,000 × 6.161053698
= $8,995,138.42(Approx).