Answer:
Change how the unit is defined
Explanation:
The contribution margin per unit is calculated by subtracting variable costs from the selling price. A high selling price and a low variable cost will result in a higher contribution margin per unit. Therefore, increasing the selling price and reducing variable costs will increase the contribution margin per unit.
Profit per unit is will higher if the total costs are low. Total cost is the sum of variable costs and fixed costs. Reducing the monthly fixed costs expenses results in lower total costs and higher profit per unit.
Answer:
The correct answer is letter "E": are buying your first home.
Explanation:
Roth IRAs are tax advantage retirements accounts that allow withdrawals free of taxes. This happens since taxes are paid at the moment when the funds are being deposited in the account. To make withdrawals, certain requirements must be met. In the first place, the account must be 5 years old or older. If so, only qualified life events will make the withdrawal possible such as:
- <em>Turning 59 1/2 years old
</em>
- <em>Permanent disability
</em>
- <em>Passing away (beneficiaries will be in charge of the withdrawal)
</em>
- <em>Buying, building or repairing your first home (maximum withdrawal of $10 000).</em>
Answer:
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Explanation:
Last one: Accounts payable balance
Particulars $
Beginning balance 14500
Add: Direct material purchase-35000*30% 10500
Total 25000
Less: beginning balance paid (14500)
Ending balance 10500
Answer: 1. False
2. True
Explanation:
1. Compound Interest allows an investor to earn money on the interest that has already accrued to the investment instead of just on the original investment like Simple interest. For this reason, the future value of compound interest will always be larger than simple interest for the simple reason that Compound interest is being charged on an amount larger than the amount being used for Simpler interest.
2. The process of compound interest does indeed allow a depositor/ investor to earn interest on any interest earned in prior periods. For instance, if the interest rate on a $500 saving is 10% per annum and it is using Compound interest, in the first year the interest earned will be,
= 10% * 500
= $50
In the second year the interest earned will be,
= 10% * 500 + the previous year interest
= 10% * 550
= $55
Notice how the interest has increased.
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