Money is an unlimited resource. TRUE FALSE

For the current year, Power Cords Corp. expected to sell 42,000 industrial power cords. Fixed costs were expected to total $1,65

Bond [772]

Answer:

A. 40,900

Explanation:

Calculation for what Power Cords Corp.'s margin of safety (MOS) in units is:

First step is to calculate the Break-even

Break-even units = $1,650,000/($3,750 - $2,250)

Break-even units= 1,100 units

Now let calculate the margin of safety (MOS) in units

Margin of Safety = 42,000 - 1,100

Margin of Safety= 40,900 units

Therefore Power Cords Corp.'s margin of safety (MOS) in units is:40,900

3 0

3 years ago

Being debt free within the next 15 years is an example of which goal

marishachu [46]

I agree with the person above - being debt free within the next 15 years in an example of a long-term goal.
A short-term goal would involve hours, days, or even months. But here, we're talking about years, at least 15 of them, which is a long time during which many things can change. So it is definitely a long-term goal, given that it won't expire any time soon.

4 0

2 years ago

Read 2 more answers

Which of the following statements are TRUE about credit scores?

Elina [12.6K]

They affect your life

3 0

3 years ago

Read 2 more answers

Four hospitals are located within a city at coordinate points P1=(10,20), P2=(14,12), P3=(8,4) and P4=(32,6). The hospitals are

Illusion [34]

Answer:

The coordinates of the location of the Blood bank = ( 20.7826, 9.73913 )

Explanation:

Coordinates of the Four(4) hospitals are

P1=(10,20), P2=(14,12), P3=(8,4) and P4=(32,6)

Number of deliveries to be made each year for each hospital respectively:

450, 1200, 300, and 1500

conditions :

(i) if travel is rectilinear in the city

(ii) if travel is measured in Euclidean distance.

Determine where the Blood bank is to located to minimize weighted distance travelled each year

find the values of the below variables :

Total load of the Hospitals( ∑load ) = 450 + 1200 + 300 + 1500 = 3450

Lx = ∑x * load = ∑ 10*450 + -------- + 32*1500 = 71700

Ly = ∑y * load = ∑ 20*450 +--------- + 6*1500 = 33600

The coordinates of the Blood bank = [ ( Lx / ( ∑load ) ) , Ly / ( ∑load ) ]

=[ (71700/3450) , (33600/3450) ]

Hence The coordinates of the location of the Blood bank = ( 20.7826, 9.73913 )

6 0

3 years ago

Suppose that the required reserve ratio is 20 percent for commercial banks and there are currently no excess reserves. Then, one

zysi [14]

Answer:

The amount of money created will be $1,250,000

Explanation:

In order to find the maximum amount of money that will be created in the banking system as a result of a deposit, we need to find the money multiplier.

Multiplier = 1/reserve ration = 1/0.2 = 5

The amount of money created = Multiplier *Initial deposit

Amount of money created = 5* 250,000

= 1,250,000

4 0

3 years ago