The answer is "<span>$960,000".
This is how we calculate this;
</span><span>sales = $1,500,000
</span><span>fixed expenses = $450,000
</span><span>contribution margin ratio = 36% = 36/100 = 0.36
</span>total variable expenses = <span>($1,500,000) (1 – 0.36)
= (1,500,000)(0.64)
= $960,000</span>
Answer:
Expansionary fiscal policy; lead to a budget deficit
Explanation:
A balanced budget is when the income of the government equals government's spending
A recession is when the GDP of a country for two consecutive quarters is negative. It is a period of slowdown in economic activities.
If there is a recession, the government would want to increase money supply by conducting an expansionary fiscal policy but would be prevented from doing so because of the balanced budget rule as an expansionary fiscal policy would lead to a budget deficit.
A budget deficit is when government spending exceeds income
<span>One advantage of using the internet as an advertising medium is that you can control the size of audience you are trying to reach. Through IP addressed, you can create a broad group, or narrow in on a specific area within a city. Through such targeting, a marketing team can control the message delivered within the target market and control the amount of money spent on the campaign.</span>
6000+90-4 because 6000+90 is 6090 and the problem is 6090-4
Answer:
The statement is: True.
Explanation:
The Time Value of Money is a concept that states a dollar today is always worth more than a dollar tomorrow. The theory relies on the earning capacity of money. The approach is the reason why entrepreneurs prefer to capitalize on their investments the soonest so the more money available now will represent for them more money accrued in the future.
