The purpose of econmic systems are the means by which countries and governments distribute resources and trade goods and services. They are used to control the five factors of production, including: labor, capital, entrepreneurs, physical resources and information resources.
Answer:
7,500 units
Explanation:
Given that,
Selling price = $25 per unit
Fixed expenses = $33,000 per year
Break even units sell = 5,500 units
Target profit = $12,000
Total break- even sale in Dollar:
= Selling price × Break even units sell
= $25 × 5,500 units
= $137,500
Break- even Point = Fixed Costs ÷ Contribution Margin per Unit
Therefore,
Contribution Margin per unit:
= Fixed Costs ÷ Break-Even points
= $33,000 ÷ $137,500
= 0.24 per unit
Sales amount:
= (Fixed costs + Target profit) ÷ Contribution margin per unit
= ($33,000 + $12,000) ÷ 0.24
= $187,500
Sales in units = Sales in amount ÷ Selling price per unit
= $187,500 ÷ $25
= 7,500 units
The amount Jerry paid in interest is $1,040.
The given details are:
Jerry's principal amount = $ 22,000,
quarterly payment for each quarter = $ 640
Total time for which Jerry paid each quarter = 9 years
As we know, one-year consists of nine quarters and therefore the nine years will consist of 36 quarters.
Thus, the total amount paid by Jerry for nine years in each quarter is $23,040.
Therefore, the correct option is b.
To know more about the calculation of the interest, refer to the link below:
brainly.com/question/16242041
Answer:
Enterprise
Explanation:
An enterprise system is an information system that provides all the units of a company with coordination and integration of the key business processes. It also helps in resource planning
