Price = $20
Variable cost = $12
Therefore the
contribution margin = price - variable cost = 20 - 12 = $8.
The contribution margin is used to pay the total fixed costs. Since these costs equal $6000, the factory needs to sell the following amount of products:
Therefore, the
total break-even revenue = price * break-even amount = 20 * 750 = $15,000
Hence, the correct answer is
D. $15,000
Answer:
$496,852.4
Explanation:
We can find the total estimate mary can get in 30 years by finding the annuity factor first and then apply the future annuity formula
Lets denote
first investment as P
r as a annual return
g as a growth
and n as a number of years
DATA
Salary = $55,000
P = $55,000 * 5% = $2,750
g = growth rate = 3%
r = annual return = 5%
n = 30 years
Solution
Future Value of annuity = [P / (r-g)] x [(1+r)^n - (1+g)^n]
Future Value of annuity == [$2,750 / (9%-3%)] * [(1+9%)^30 - (1+3%)^30]
Future Value of annuity == $45,833.333333 * [13.2676785 - 2.42726247]
Future Value of annuity == $45,833.333333 * 10.840416
Future Value of annuity == $496,852.4
Answer: d. initiating structure
Explanation:
An Initiating structure management style is one in which the leader is very involved in the activities of the subordinates. They organize tasks, initiate group action and define the team's goals and roles.
This is what happens in collage football. The coach designs everything even on the pitch during games. They are therefore using an initiating structure management style.
Answer:
<u><em>Expectancy theory.</em></u>
Explanation:
<em>Victor Vroom</em> was responsible for defining the Theory of Expectation, which focuses on results rather than individual needs. He stated that the employee will work harder to do his work with greater commitment and will be more productive if he is rewarded for achieving the given results.
There are several benefits influenced by this motivational theory, some of which are: The individual is able to motivate themselves to achieve the expected results in order to reduce dissatisfaction and there are
stress on individual perceptions and expectations, which help individual motivation and consequently increase productivity.
Answer:
FInd a co-signer with equivalent credit score.
Explanation:
Tina does not have credit history. She can receive the loan if she has a collateral or co-signer as base for loan. But it must meet all requests. The collateral must have the right estimation and ownership. Co-signer must have required credit score and credit history.