Answer:
Revolving loan
Explanation:
A revolving loan can be described as a loan that has a fixed monthly repayment. The interest rate that will be paid depends on the individual previous credit score and well as how well the individual can afford it.
The revolving loan provides access to a rolling credit facility, it enables the individual to borrow some amount of money again which could be up to your original loan amount, as long as a certain percentage of the loan has been repaid.
A revolving credit loan helps to provide cash for the business day-to-day activities thereby leading to an effective cash flow management for small businesses.
Given, Operating income = 7,200
Fixed expenses = 1800
Let the target sales be assumed to be X
Sales = 7200 + 1800 + 0.6*Sales
X = 7200 +1800 +0.6X
X-0.6X = 9000
0.4X =9000
X = 22,500
Target Sales = 22,500
Break even point = Fixed Costs/(Price -Variable cost)
Break even point = 1,800/(1-0.6) = 1,800/0.4 = 4,500
Break even point =4,500
Margin of Safety = (Target sales - break even point)/ Target Sales
Margin of Safety = (22,500-4,500)/22,500 = 18,000/22,500 = 0.8 = 80%
Margin of Safety =80%
We call them Concession staff. Concession staff set up the drinks, clean, serve drinks to customers while working as staff at a stadium. This can be at a Football game, Baseball etc. Keep in note that in some areas other places call them different names but the most common name is a Concession staff.
Answer:
loss = $1,000
Explanation:
the customer will receive $5 (call price) + $44 (call price) = $49 for every share that he/she owns.
since the market price was $59, then the customer lost $59 - $49 = $10 for every share that he/she owned, resulting in a total loss = $10 per share x 100 shares = $1,000
A call option gives the buyer the option to purchase a stock at a set price during a specific time frame.
Answer:
product mix
Explanation:
Based on the information provided within the question it can be said that these assorted product lines might be described as Life is Good's product mix. In the context of marketing, this term refers to the total range of several related products that have been placed for sale individually by a company that is currently offering these products in the target market or industry that they are in.
