Answer: Yes, the years worth of payments is more than the actual claim
Explanation:
the claim was $2500 and he payed $3,012 a year for insurance
Answer:
amount invest in B is 2000
Explanation:
given data
invested in Fund A = 5000
return profit A = 3%
return profit B = 10%
both together returned profit = 5%
solution
we consider here amount invest in B = x
so profit from fund B is
profit from fund B = 10% × x = 0.1 x
and
profit from fund A = 5000 × 3% = 150
so total profit = 0.1x + 150
and total profit = 5%
so we can say
5% =
solve it we get
x = 2000
so amount invest in B is 2000
Answer:
The Macro Environment consists of 6 different forces. These are: Demographic, Economic, Political, Ecological, Socio-Cultural, and Technological forces. This can easily be remembered: the DESTEP model, also called DEPEST model, helps to consider the different factors of the Macro Environment.
Explanation:
Answer:
Pine Street should sell finished bookcases because they have a higher contribution margin.
Explanation:
We compare the contribution margin of the two categories to find out whether Pine Street should sell unfinished or finished bookcases.
Pine Street Inc.
Unfinished bookcases
Contribution Margin
Sales Price $58.10
Less Production costs
Variable Costs $37.49
<u>Fixed Costs $10.50 (47.99)</u>
<u>Contribution Margin $ 10.11</u>
Pine Street should sell finished bookcases because they have a higher contribution margin. It is almost double of the unfinished book cases contribution margin.
Pine Street Inc.
Finished bookcases
CONTRIBUTION MARGIN
Sales Price $74.91
Less Production costs
Variable Costs $37.49 + $5.79 = $ 43.28
<u>Fixed Costs $10.50 $ (53.78)</u>
<u>Contribution Margin $ 21.13</u>
<span>A budget allows nations, communities, and families to ensure they have what they need while accounting for scarcity. A budget allows one to take scarcity into account and to prioritize what is wanted and needed, and to allocate money or resources in a way that reflects these priorities.</span>