Answer:
A stock is part of a company, you can make money if the stock market goes up.
Explanation:
You see when you buy part of a company if the company profit goes up you make money
Answer: a. increased
Explanation:
Inflation rate = (CPI of second year - CPI of the first year ) / CPI of the first year
= (240 - 238) / 238
= 0.84%
Your wage increased by 3.5% which is more than inflation so your real wage increased by;
= 3.5 - 0.84
= 2.66%
Answer:
Stanley's Bicycles contribution margin is $7,500
Explanation:
<u>Stanley's Bicycles Contribution Margin Income Statement for the month of June</u>
Sales ($750 x 200) $150,000
Less Variable Costs :
Costs of Sales ($600 x 200) $120,000
Commissions ( $150,000 x 15 %) $22,500 ($142,500)
Contribution $7,500
Less Fixed Costs
Rent $1,400
Salaries $3,000 ($4,400)
Net Income $3,100
Conclusion
Contribution Margin is Sales less Variable Costs. Therefore, Stanley's Bicycles contribution margin is $7,500
Credit terms are specific repayment conditions as to how long customers have to pay bills and the amount of cash discount allowed.
<h3>What is the purpose of credit terms?</h3>
Credit terms are the payment requirements stated on an invoice. It is fairly common for sellers to offer early payment terms to their customers in order to accelerate the flow of inbound cash.
Credit means a loan, an agreement in which the lender (creditor) supplies the borrower with money, goods or services which is to be returned in future. Terms of credit apart from the rate of interest, collateral also includes documentation, mode of repayment.
To learn more about credit terms visit the link
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Ivan's marginal benefit if he decides to stay open for six hours instead of five hours is $20. The marginal benefit can be solved by subtracting the total revenue of the equivalent hours.
$550 (6 hours) - $530 (5 hours) = $20
