Answer:
A mixed economy has all the advantages of a market economy. First, it distributes goods and services to where they are most needed. It allows prices to measure supply and demand. Second, it rewards the most efficient producers with the highest profit.
Explanation:
Answer:
We need to save $2,964 each year until retirement to reach our retirement goal.
Explanation:
First lets assume that we have retired, we now need to find the present value of all our future cash flows, which means we need to find out the present value of 40,000 every year. We will input the following in a financial calculator.
FV=0
PMT= -40,000
I=6
N=20
Compute PV= 458,796
This PV is what present amount of the future payments we will need at the start of our retirement which is after 40 years. This represents the amount of money we need to have at the end of 40 years in order to have enough for our retirement. Which means we can use this as the future value. Now we need to find how much do we have to save each year so we have 458,796 at the end of 40 years.
In a financial calculator we will input the following.
FV= 458,796
PV=0
I=6
N=40
Compute PMT= 2,964
We need to save $2,964 each year until retirement to reach our retirement goal.
Answer:
$149,600
Explanation:
Variable cost per unit = 36+57+3+5 =
Variable cost per unit = $101
Contribution margin per unit = 145 - 101
Contribution margin per unit = $44 per unit
Total contribution margin = 3,400 * $44
Total contribution margin = $149,600
Answer:
Life cycle analogy method
Explanation:
Life cycle analogy method A qualitative forecasting technique that attempts to identify the time frames and demand levels for the introduction, growth, maturity, and decline life cycle stages of a new product
Answer:
not change
Explanation:
BEP (Units) = Fixed cost / (Unit selling price - Unit variable cost)
BEP (Units) Before the change is : 967750/ (30-17.75) = 79000 units
BEP (Units) after the change is: 1145500/(30-15.5) = 79000 units
--> BEP (Units) does not change