Answer:
Credit card
Explanation:
The formula for computing the APR is shown below:
= (1 + interest rate)^time period - 1
For monthly, it is
= (1 + 15% ÷ 12 months)^12 - 1
= (1 + 0.0125
)^12 -1
= 16.080000%
Now for the APR for 6 months is
= (1 + 16% ÷ 2 months)^2 -1
= 16.640000%
The rate that is given 8% is doubles i.e 16% and the computation is same as before
As we can see that credit card contain the lower rate i.e 16.08% as compare to the money borrowed from the parents
Orange Fund with Year 1 return of 0% & Year 2 return of 0%.
Answer: e. formulate goals and objectives for a company.
Explanation:
The SWOT analysis helps in decisions making in businesses. It helps in changing the needs of the organization. It helps the organization to build a plan so as to meet goals and improve the performances, and it also helps in keeping the relevancy in businesses in terms of decisions. It helps in analyzing the deep strengths, threats and weaknesses of the organization. It helps in promoting the overall growth, production, and services. It targets the market competition to develop necessary strategy.
To increase their profit.
Even if the marginal cost is going up, as long as it is less than sales price the company can still make a profit. As the marginal cost continues to rise, that profit gets smaller and smaller but still exists and gives companies motivation to continue producing.
Answer:
$2.09 per unit
Explanation:
The computation of variable expenses per unit is shown below:-
Let variable costs be $x
Contribution margin per unit = Sales - Variable costs
= $3.20 - x
At break-even,units = Fixed costs ÷ Contribution margin
100,000 = $111,000 ÷ ($3.20 - x
)
100,000 × ($3.20 - x
) = $111,000
$320,000 - 100,000x = $111,000
($320,000 - $111,000) ÷ 100,000 = x
$209,000 ÷ 100,000 = x
x = $2.09 per unit
