Answer: BruceCo would have to sell 220 backpacks
Explanation: The projection of a $10,000 profit can be calculated properly by the equation;
Revenue - Cost = Profit
There is a one-time set up charge of 1000 and this is a fixed cost (as it does not change regardless of how many units they eventually sell). Also they would be spending $30 to buy each unit and still spend $20 to customize each. So each unit would cost $50 to acquire. If they plan on selling each unit at the rate of $100, then the total revenue would be 100 times X (where X is the number of units sold). Therefore the profit can be better projected by the equation;
Revenue - Cost = Profit
100X - (50X + 1000) = 10000
100X -50X - 1000 = 10000
50X = 10000 + 1000
50X = 11000
Divide both sides of the equation by 50
X = 220
Therefore, BruceCo must sell 220 units (at least) in order to meet a $10,000 profit projection
Answer:
Atlanta Area Lodging | Lanier Islands - Legacy Lodge | Buford GA Lodging
These accommodations offer the finest Buford, GA lodging amenities and stunning views of the lake. ... Legacy Lodge also provides room service from 6:30am – 10:00am and 11:30am – 10:30pm. Check In Time: 4 p.m.
Explanation:
Answer:
Sabrina’s Soccer has a comparative advantage over Stan’s Sporting Goods because Sabrina’s Soccer has a lower opportunity cost.
Answer:
($148 million)
Explanation:
Calculation to determine Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021
Cash flow from Investing activities ($ Million)
Proceeds from sale of land 12
Purchase of Investment (160)
Net cash inflows (outflows) from Investing activities ($148)
Therefore Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021 will be ($148 million)
Answer:
Total amount available in two years is $1,354,125.
Explanation:
The total amount available in two years can be calculated as follows:
Total amount in the deposit now = Current deposit + Amount planned to be deposited = $650,000 + $200,000 = $850,000
Future value of the total amount the deposit now = Total amount in the deposit now * (1 + Annual interest rate)^Number of years the deposit used = $850,000 + (1 + 15%)^2 = $1,124,125
Future value of next year's deposit = Next year's deposit * (1 + Annual interest rate)^Number of years the deposit used = $200,000 * (1 + 15%)^1 = $230,000
Total amount available in two years = Future value of the total amount the deposit now + Future value of next year's deposit = $1,124,125 + $230,000 = $1,354,125