<span>Sporting Goods - CM 30% x 65% = 19.5%
Sports Gear - CM 50% x 35% = 17.5%
Total Fields Corp - Weighted Avg CM = 37%
FC 2,220,000 / Avg CM 37% = 6,000,000 Break Even sales
Sporting Goods Sales @ 65% = 3,900,000 x 30% = 1,170,000 CM
Sports Gear Sales @ 35% = 2,100,000 x 50% = 1,050,000 CM
Total Sales 6,000,000. Total CM 2,220,000 Total FC 2,220,000</span>
Answer:
see below
Explanation:
Premiums are the regular payments the insured pays to the insurance company for insurance coverage. By paying premiums, the insurance company agrees to compensate the insured for any financial loss resulting from the risk covered by the insurance contract.
Premiums are the cost of insurance. The customer pays premiums while the insurances undertake the risk stated in the policy documents. Should the customer suffer damages, injuries, or financial loss, the insurance companies compensate the customer as per the terms stated in the insurance contract.
The platforms that south African tourism used to market south African as a destination choice would be :
- The internet
- The physical Media
- Or International organization
These three platforms would bring a lot of tourists to south africa
Answer:
Growth rate (g) = 5% = 0.05
Current market price (Po) = $48.58
The stock's price in 5 years
P5 = Po(1 + g)n
P5 = $48.58(1 + 0.05)5
P5 = $48.58(1.05)5
P5 = $62.00
Explanation:
The stock's price in 5 years time is a function of current market price subject to 5 years growth.