Answer: 0.51
Explanation:
Nominal rate = 1.85%
Inflation rate = 1.90%
Real rate of return = (1 + nominal rate / 1 +inflation rate) - 1
Real rate of return = ((1 + 0.0185) / (1 + 0.019)) - 1
= (1.0185 / 1.019) - 1
= 0.9995 - 1 = - 0.0005
Therefore, the real dollar return I. $1,020 equals
0.0005 × 1020 = 0.51
Answer: 1) CM / Sales = CM Ratio
CM = 306,000 - 238,680 = 67,320
CM Ratio = 67,320 / 306,000 = 0.22
2) CM Ratio x 2,500 = 550
Explanation:
Answer: in business a jobber is a manufacturer, tradesman, or wholesaler who deals in small lots of goods or 'jobs,' or acts as an agent, middleman (intermediary), or a sub-contractor, and usually does not deal directly with the principal customer.
Explanation: a jobber is also an informal name for a broker or someone that negotiates with shares or stocks.