Answer:
Contribution margin ratio = 69.23%
Explanation:
We know,
Contribution margin ratio = (Contribution Margin per unit ÷ Sales per unit) × 100
Again, we know, Contribution margin per unit = Sales per unit - Variable cost per unit
Given,
Sales price per unit = $6.50
Variable cost per unit = $2.00
Therefore, Contribution margin per unit = $6.50 - $2.00 = $4.50
Putting the values into the above formula, we can get,
Contribution margin ratio = ($4.50 ÷ $6.50) × 100 = 69.23% (Rounded to two decimal places)
Answer:
$9,813.54
Explanation:
The face value of the T-bill is $10,000
Return of 1.9%
P= $10,000/1.019
= $9,813.54
Therefore the price you would expect a 6-month maturity Treasury bill to sell for is
$9,813.54 because The face value of the T-bill is $10,000 and the investors can earn a return of 1.9% per 6 months on a Treasury note with 6 months remaining until maturity leading to increase in the return of 1.9% because 1.9% will give us 0.019 plus increase of 1 which will give us 1.019.
Answer:
D. decreasing returns to scale.
The answer and procedures of the exercise are attached in the image below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
<span>You are paying 11% interest on a credit card balance of $2,000.
=> 2 000 * .11 = 220 dollars is the interest.
Next is to total or sum up the amount to be paid.
=> 2 000 + 220 = 2220 dollars
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