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Mariana [72]
3 years ago
11

The major portion of the monthly payment is used to pay off the principal. True

Business
1 answer:
adoni [48]3 years ago
4 0
This is true.................
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Debbie likes working in the banking industry because there is a lot of structure and certainty, and the daily work is routine. d
Kobotan [32]
Debbie has a low tolerance for ambiguity.People who are high in execution have a tendency to have a low tolerance for ambiguity. They're the sort of individual who you give an errand, and they return to you with an entire rundown of inquiries, since they need to have the capacity to deliver a result that addresses your issues. Though with individuals who have a high resistance for uncertainty, they hazard doing things the wrong way a great deal of the time and conceivably committing a ton of errors.
8 0
3 years ago
Read 2 more answers
Suppose the government of Spartania increased its spending by $900 million to fight a recession. If the government’s budget was
Nina [5.8K]

Answer:

b. the government will have a balanced budget

3 0
3 years ago
Alfa Co. produces a product that has a variable cost of $3.00 per unit. The company's fixed costs are $30,000. The product is so
oee [108]

Answer:

Break-even point in units=  25,000

Break-even point (dollars)= $125,000

Explanation:

<u>To calculate the number of units to be sold and the sales dollars required, we will use the break-even point analysis. The following formulas are required:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (30,000 + 20,000) / (5 - 3)

Break-even point in units=  25,000

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

Break-even point (dollars)= 50,000 / (2/5)

Break-even point (dollars)= $125,000

7 0
3 years ago
A cement manufacturer has supplied the following data: Tons of cement produced and sold 225,000 Sales revenue $1,035,000 Variabl
sergij07 [2.7K]

Answer: $2.6 per unit.

Explanation:

Given that,

Tons of cement produced and sold = 225,000

Sales revenue = $1,035,000

Variable manufacturing expense = $421,000

Fixed manufacturing expense = $280,000

Variable selling and administrative expense = $29,000

Fixed selling and administrative expense = $220,000

Net operating income = $85,000

Sales price per unit:

= \frac{Sales\ revenue}{total\ cement\ produced\ and\ sold}

= \frac{1,035,000}{225,000}

= $4.6 per unit

Variable cost per unit:

= \frac{Variable\ manufacturing\ expense\ + Variable\ selling\ and\ administrative\ expense}{total\ cement\ produced\ and\ sold}

= \frac{421,000 + 29,000}{225,000}

= $2 per unit

Contribution margin = Sales price per unit - Variable cost per unit

                                  = $4.6 - $2

                                  = $2.6 per unit

4 0
3 years ago
Economic theory​ is: A. the specification of a set of assumptions. B. a prediction about cause and effect. C. the development an
RSB [31]

Answer:

The answer is C. Development and use of model to test

hypotheses  

Explanation:

Economic theories are theories that explains economic phenomena and tries to create solutions to the identified economic  problems. They are comprehensive system of assumptions, hypotheses, definitions and instructions about what should be done in a certain economic situation.

Examples of Economic theories are

Classical economic theory

Keynesian theory

New Classical theory

New Keynesian theory

5 0
3 years ago
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