Answer:
Uh, of course I'm not at work! I brutally broke my back. Ouch.
Answer:
The answer is A. $270,000
Explanation:
Gross profit is a measure of profitability. It can be derived by deducting cost of sales(cost of goods sold) from the net sales or revenue i.e Net sales(revenue) minus cost of sales:
Sales or Revenue: 45,000 units at $15
45,000 x 15
=$675,000
Cost of sales:
45,000units = ($450,000 / 50,000 units) × 45,000 = $405,000
Therefore, gross profit is:
$675,000 - $405,000
=$270,000
Answer:
It will extend the loan for 15.83 months = 16 more months.
Explanation:
We need to calcualte the difference in time between one option and another:
Original Loan:
C $310.00
time n
rate 0.0064583 (0.0775annual rate / 12 month per year)
PV $9,800
We rearrenge and solve as much as we can:
Now, we solve using logarithmics properties:
35.47385568
Now we calcualte with the new terms:
C $225.00
51.30909653
Last step, we solve for the difference:
51.30 - 35.47 = 15.83 = 16 more months
Answer:
I think manager??????????