Answer:
$810,000
Explanation:
The computation is shown below:
The increase in fixed cost is
= Salary of each sales representative × number of sales representatives hired
= $45,000 × 18
= $810,000
Now the increase in sales needed for break even is
= Increase in fixed cost ÷ Contribution margin ratio
= $810,000 ÷ 30%
= $2,700,000
As we know that break even sales is computed by dividing the fixed cost by the contribution margin ratio and we applied the same
Answer:
E. The FOMC instructs the NY trading desk to sell government bonds on the open market.
Explanation:
FOMC The Federal Open Market Committee is charged under US Laws.
This is controlled through transactions of FOMC,
When Federal Committee (FOMC) purchases bonds from open markets then there is an instant increase in level of reserves in the banking system.
Thereafter, the sale by Federal Committee in the open market tend to decrease the level of reserves in the banking system.
This is directly related to the reserve level.
<span>I believe it would because that would mean it’s only $12 a person and if the event is buffet style or open bar people will most likely eat more than $12 worth of food.</span>
The answer in the space provided is real options. Real
options are the choices in which are present or available in terms of
opportunities in the business investments. The reason that is termed as real is
because it is not considered to be financial instrument but rather as a
tangible asset.
Hello there,
A typical cost of a retirement would be the following:
Perhaps the "Car of the year".
Smaller House/Smaller apartment.
Hope this helps.
~Jurgen
