Answer:
Ans. Car loans must be $4,000,000 and Home loans $16,000,000 in order to use all the conditions in the problem. Return= $2,000,000
Explanation:
Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.
I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.
Best of luck.
Answer:
25%
Explanation:
the formula for the margin of safety is as follows
margin = current sales level -breakeven point/ current sales level x 100
expected sales unit = 20,000 units
the break-even point is fixed costs/contribution margin
fixed costs= $360,000
contribution margin = sales price- variable costs
=61-37
=24
breakeven point = $360,000/ 24
=15000
the margin of safety = 20,000-15,000/20,000 x 100
=5000/20000 x 100
=25%
Conserving energy because he used less energy than he needed and was saved to doing something else in the world! :D
The correct answer that would best complete the given statement above is: MAKE A LONG TERM COMMITMENT TO THE NEEDS OF STAKEHOLDERS. For <span>financial managers to be socially responsible, it is necessary that they make a long term commitment to the needs of stakeholders. Hope this answer helps. </span>
