3 years ago

Why do you think customers shop at stewarts?

Business

1 answer:

adoni [48]3 years ago

5 0

Because in stewarts it is easy for them to find things and it is not to expensive.

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Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra

mariarad [96]

Answer:

$8,222

Explanation:

The computation of increase in net operating income is shown below:-

Contribution margin per unit = Contribution margin ÷ Sales volume units

= ($31,500 ÷ 1,000)

= $31.5

Increase in net operating income = Contribution margin - Fixed expenses

= (1,001 × $31.5) - $23,310

= $8,222

Therefore for computing the increase in net operating income we simply applied the above formula.

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3 years ago

What are the four types of costs that a business must consider in making business decisions

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Fixed and Variable

Direct and Indirect

Product and Period

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3 years ago

If 28 percent of agricultural production was under contract in 1970, 30.5 percent under contract in 1990, 34 percent in 1997, an

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Explanation:

i think 25 %

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3 years ago

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When U.S. goods become more expensive relative to foreign goods, exports will __________ and imports will __________.

ipn [44]

Answer:

fall, rise

Explanation:

US goods will become less expensive

3 0

4 years ago

An individual is now 50 years old, that he plans to retire in 10 years, and that he expects to live for 25 years after he retire

Nutka1998 [239]

Answer:

Ans. He must save during each of the following 10 years, at the end of each year $32,452.

Explanation:

Hi, in order to find the amount of money that he should have in ten years so he can receive an annual payment of $65,156 for 25 more years (24 payments), we need to bring to present value all 24 payments to year 10. Let me show you the formula.

$PresentValue_{10} =\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }$

Where:

A= $65,156

n= 24

r= 0.08

Therefore the present value in year 10 is:

$PresentValue_{10} =\frac{65,156((1+0.08)^{24}-1) }{0.08(1+0.08)^{24} }=686,012$

So that is our present value in year 10, or to put it in other words, our future value (if we look at it from year 0). Now we need to find the annuity (amount to save) that with account for $686,012, plus that $100,000 that he already has saved.

Every should look like this.

$686,012=100,000*(1+0.08)^{10} +\frac{A((1+0.08)^{10}-1) }{0.08(1+0.08)^{10} }$

And we solve this equation for "A".

$686,012=A(14.4865625)+215,892$

$A=\frac{(686,012-215,892)}{14.4865625} =32,452$

Best of luck.

5 0

3 years ago