The charges would be $10.50 as of the 15th of that current month. Jerrod spent a total of $700. Adjusted Balance Method calculates costs based on the amounts owed/due at the end of the current time period & once any credits or payments have been applied. Multiplying what Jerrod has spent in total & the percentage of interest will give him the balance of interest charges that he can expect to see in addition to the $700 he's spent.
It's also safe to assume the payment on your bill is due on the 16th.
A)Degree of operating leverage=Contribution/EBIT
=6400,000/2140000=2.99.
B) Degree of operating leverage=Contribution/EBIT
=5600,000/1340000=4.18
C) Degree of operating leverage=Contribution/EBIT
=7600,000/1015000=7.49
One conclusion that companies can draw from examining operational leverage is that companies that minimize fixed costs can increase profits without changing selling prices, contribution margins, or unit sales.
The Operating Leverage formula is used to calculate a company's break-even point, helping to set a reasonable selling price that covers all costs and produces a profit. This gives you insight into how well your company is using fixed-cost items such as inventory and machinery to make a profit. The more profit a company can extract from the same amount of fixed assets, the higher its operational leverage.
Learn more about operating leverage at
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Wyatt's<u> effective interest rate</u> would be greater than his <u>nominal interest rate </u>by 0. 71 percentage points.
The <em>nominal interest rate</em> is 13. 62% or 0.1362 that would be given an <em>effective rate of interest </em>as follows:
Here, the value of the effective rate of interest<u>,</u> that is 0.1433 that would be multiplied with 100 to get the <u>percentage value</u> of 14.33%
Hence, the <u>difference between effective and nominal interest rates</u> would be:
Learn more about the effective and nominal rates of interest here:
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Answer:
$8000
Explanation:
Based on the fact that she didn't purchase the stock initially At $10000, but she was gifted it at $8000 her bases upon which she will derive profit or loss from is $8000
It means that a person has died without a will.
