Answer:
credit
Explanation:
an agreement between a buyer and the seller that payment for product or service will be received at some later due date
They don't hit their break even point with all of the additional costs. They are still $11060 under the break even point at the end of the month
In the context of diverse workforces, martial status is a secondary characteristic of diversity.
Other characteristics of diversity are age, gender, ethnicity and education. Having a diverse workplace allows for different individuals to come together and achieve more productivity.
The Profit margin that must be achieved is 12.74%.
<h3 /><h3>Profit margin </h3>
First step
Return on equity= Growth rate /(1 + Growth rate) × Retention ratio
Return on equity=12.8% / (1 + 12.8%) × (100%-40%)
Return on equity= 0.128/(1 +0.128) × 0.60
Return on equity= 0.128/1.128 × 0.60
Return on equity= 0.128/0.6768×100
Return on equity= 18.91%
Second step
Now the profit margin is:
Profit margin= ROE / Asset turnover × Equity Multiplier
Profit margin= 18.91% / {(1/.94) × 1.4}
Profit margin= 0.1891 / 1.06 × 1.4
Profit margin= 12.74%
Inconclusion the Profit margin that must be achieved is 12.74%.
Learn more about profit margin here:brainly.com/question/19131774
Answer:
Sue will have more money than Neal as long as they retire at the same time
Explanation:
Both Neal and Sue invest the same amount ($5,000) at same interest rate (7%). In the compound interest rate formula only the time is differ. When they retire at age 60, Sue has 5 years more than Neal meaning Sue earn more interest than Neal.