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bearhunter [10]
4 years ago
7

What percentage of your income should you save

Business
1 answer:
Eva8 [605]4 years ago
7 0
At least 20% should go to ur savongs
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Margaret Williams, production manager at Williams Manufacturing, finds her profits at $15,000 inadequate for her business. The b
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Answer:

22.22%

Explanation:

The calculation of percentage in sales is shown below:-

Increase in profit required = $25,000 - $15,000

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To achieve a profit $10,000, the required sales increases

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Percentage increase in sale = Required sales ÷ Sales of current situation

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3 years ago
Radoski Corporation's bonds make an annual coupon interest payment of 7.35% every year. The bonds have a par value of $1,000, a
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Answer:

The answer is 2.71 percent

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The interest payment is annually.

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PMT( coupon payment) = $73.5 ( [7.35 percent x $1,000)

FV( Future value or par value) = $1,000.

We are using a Financial calculator for this.

N= 12; PV = -1470 ; PMT = 73.5; FV= $1,000; CPT I/Y= 2.71

Therefore, the Yield-to-maturity of the bond annually is 2.71 percent

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