Answer:
Break-even price = $7
Explanation:
<em>The break-even price is the price at which the the total contribution from the sale is equal to the fixed cost of $300,000.</em>
(x- 4)× 100,000 = 300,000
100,000X - 400,000 = 300,000
100,000X = 300,000 + 400,000
x= 700,000/100,000
X = $7
Break-even price = $7
Answer:
How many times will interest be added to the principal in 1 year if the interest is compounded quarterly? C. 4
Explanation:
Compounding means at the end of every term, the interest adds up to the Principal Amount. Compounded quarterly means, you do it for every three months. So after every three months, your interest will be added to principal.
The correct answer to this open question is the following.
Although there are no options attached or further context, we can say the following.
If a sales promotion increases an organization's profits, it means it has fixed any problems with the marketing plan.
Not really, it only means that the sales promotion was effective up to the degree of the goals established in the plan. But this doesn't mean that it has solved all the problems with a marketing plan
The marketing plan is a more large and complete document that includes many different strategies, tactics, and action programs. The sales promotion is only one aspect or program of the marketing mix included in the plan.
Answer:
$1,220.55
Explanation:
We use the Present value formula to find out the current price of the bonds. The calculation is presented on the excel spreadsheet
Given that,
Future value = $1,000
Rate of interest = 5.5%
NPER = 19 years
PMT = $1,000 × 7.4% = $74
The formula is shown below:
= -PV(Rate,NPER,PMT,FV,type)
So, after solving this, the current price of the bond is $1,220.55
<span>Which one of the following choices is the responsibility of the team leader? Outline the ideas to be discussed. The project manager will set the goal of the project and then the team leader is in charge to help outline to all members what the project should entail. It is important to make sure all members complete their part to have one completed project for everyone on the team to receive the same outcome from. Team </span>settings are great for diversity but all members must work together.