Answer:
Effect on income= $120,000 loss
Explanation:
Giving the following information:
Sales $320,000
Variable costs $200,000
Fixed costs $140,000.
None of the fixed costs are avoidable. Therefore, they shouldn't be taken into account to make the decision.
Effect on income= Sales - varaible cost
Effect on income= 320,000 - 200,000= $120,000 loss
Answer: $33750
Explanation:
First and foremost, we have to calculate the interest paid for the year which will be:
= $750000 X 9%
= $750000 × 0.09
= $ 67500
Therefore, the semi annual payment will them be calculated as:
= $67500 / 2
= $33750
In some cases, supply curves are vertical, which means that for any price from 0 up to infinity, the quantity will stay the same.
This is very true for supply of an authentic painting in auctions, where there may only be 1 single painting, and people state the highest price they are willing to pay for the painting. Regardless of the price, there will only be 1 authentic painting for that price.
Hope this helps! :)
Answer: Acceptability, portability and divisibility of money.
Explanation:
The question illustrates the acceptability, portability and the divisibility of money. The acceptability of money means that money is widely accepted as a medium for transaction, divisibility of money means that money can be broken down to smaller denominations and the portability of money means that money is easy to carry about.
Answer:
the reason or reasons one has for acting or behaving in a particular way
Explanation:
