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Morgarella [4.7K]
3 years ago
9

Adams Company sells a product whose contribution margin is $10 and selling price is $25.

Business
1 answer:
Karolina [17]3 years ago
6 0

Answer:

answer is b) False

Explanation:

given data

contribution margin = $10

selling price = $25

total fixed costs = $500

break-even point  = 100 units

solution

we get here Break even point that is

Break even point = \frac{fix\ cost}{contribution\ margin}   ...........1

Break even point = \frac{500}{10}

Break even point = 50 units

but we have given break-even point is 100 units

so answer is b) False

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2 years ago
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Answer:

The answer is job description (JD).

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3 years ago
The importance of information.
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6 0
3 years ago
Duff Inc. paid a 2.34 dollar dividend today. If the dividend is expected to grow at a constant 1 percent rate and the required r
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Answer:

$24.60

Explanation:

The computation of the price for 4 years from now is shown below:

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8 0
2 years ago
Sandra is purchasing a home with a first mortgage loan for $548,250, which is the conforming loan limit for the area where she l
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Question Completion with Options:

2.5 percentage points

1.5 percentage points

3.5 percentage points

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Sandra's creditor must determine if the APR for the loan exceeds the average prime offer rate by:

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The first mortgage loan principal should not exceed the conforming loan limit for the area where Sandra lives at the time that she secures the loan approval. It behooves on Sandra’s creditor to determine if the annual percentage rate (APR) for the mortgage loan exceeds the average prime offer rate (or the sample rate that is a representative of the APRs charged by creditors for mortgage loans that have low-risk pricing characteristics) by 1.5 percentage points.

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2 years ago
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