Answer:
Nominal growth= 10.93%
Explanation:
Giving the following information:
You have $675 today which is enough to buy 375 bottles of Diet Pepsi. The price of Diet Pepsi is expected to increase by 4% over the next year.
First, we need to find the dollar amount necessary to buy 400 bottles:
Unitary cost= 675/375= $1.8
New unitary cost= 1.8*1.04= $1.872
Total cost= 400bottles*1.872= $748.8
Now we can calculate the nominal rate of growth:
r= [(748.8 - 675)/675]*100= 10.93%
Answer:
C
Explanation:
Mixed cost is a cost that consists of both fixed cost and variable cost
Fixed costs are costs that do not vary with output. e.g., rent, mortgage payments, depreciation
Variable costs are costs that vary with production
An example of variable cost is electricity costs of $3 per kilowatt-hour. If the factory is locked down, no electricity cost would be incurred.
The rental costs of $10,000 per month plus $0.30 per machine hour of use consists of both a fixed cost and a variable cost
the fixed cost is 10,000
the variable cost is $0.30 per machine hour
Answer:
D) a penalty clause
Explanation:
Penalty clauses are usually not enforced by the courts since they generate an excessive charge against the other party for defaulting or breaching a contract. Generally penalty clauses are considered excessive since they aren't proportional to the damages incurred.
Answer:
2.7
Explanation:
The inventory turnover is defined as the ratio between the cost of merchandise sold during the year and the average inventory.
Average inventory can be defined as the mean between initial and ending inventory. The inventory turnover is:

The inventory turnover ratio is 2.7.