<span>Gross profit = $7,080 ($19000-11920)
Increase to percent of gross profits - $11,920/19000 = 62.7%. Profits would increase with this contract or transaction by 62.7%</span>
Answer:
Fallacy of composition.
Explanation:
Fallacy of composition also called faulty induction, composition fallacy, or exception fallacy is an assumption which states that the result achieved from an experiment on a section of a population will be true for the entire population. Fallacy of composition often lead to incorrect conclusion as what is good for a part of a bigger population may not always be good for the whole, example is when a spectator in a stadium stands up, he gets a better view of the game, but when everybody stands up, the opposite is the case.
$200 or $300 Bonus: Chase Bank.
$200 Bonus: Huntington National Bank.
$150 or $300 Bonus: TD Bank.
$200 Bonus: Elements Financial.
$225 Bonus: Santander Bank.
$50, $200 or $300 Bonus: PNC Bank.
$250 Bonus: Wells Fargo Bank.
$200 Bonus: Fifth Third Bank.
Answer:
d. $73,778.50
Explanation:
Variable Cost = $11.07 per unit x 5,150 units = $57,010.50
Total Cost = $130,789
Fixed Cost = Total Cost - Variable Cost
Fixed Cost = $130,789 - $57,010.50
Fixed Cost = $73,778.50
Since Depreciation is the Fixed Cost and we have been given the Total Cost of the Project, so the Depreciation is already included in the Fixed Cost.
Hence Total Fixed Cost is equal to $73,778.50.
Answer:
has specific risk
Explanation:
Standard deviation is a measure of central tendency. It measures the variation of data from a central value. As such variables with high standard deviation have values far from the central value while standard deviation close to the central value is low.
So when individual stocks have higher standard deviation it means prices are less stable than that of market portfolio.
This can be attributed to them having specific risk. The market is not subject to diversification risk so prices tend to fluctuate less