Give it time, be professional you are there for your job nothing else. Work is work. Home is home. It's just your boss have no feelings of bias.
Answer:
Yes, Michael will afford the boat
Explanation:
So far Michael has saved $11,000.
The boats costs $30,000 to purchase.
Michael needs to raise $19,000 ($30,000 - $11,000) in two years to buy the boat.
Michael saves $900 per month. In 24 months he will have saved
=$900 x 24
=$21,600
Michael requires $19,000 but will have save $21,600 in two years. Therefore, he should be able to purchase the boat.
Answer: (B) Systematic, Unsystematic
Explanation:
The systematic risk is one of the type of investment and it is measured by investment return covariance in the market. The systematic risk is basically divided by market risk once it is calculated.
The premium risk of the security is mainly determine by the systematic risk and it is not depend upon its unsystematic risk.
The unsystematic risks is basically inherited from the specific industry and the risk can be reduced by the diversification.
Therefore, Option (B) is correct.
Generally, the Central Bank will reduce the interest rate to allow banks to lend money at a lower rate, thus infusing the macro-economy with funding on medium to large ticket items.
Answer:
The $ 4 per machine hour is the contribution margin per machine hour for the Lowell Lamp.
Explanation:
Since in the question two lamps : Bed-ford lamp and Lowell lamp information is given .
Based on the information mentioned in the question, First we have to calculate the contribution margin per unit. Than we are able to calculate contribution margin per hour.
The computation for Lowell Lamp is given below
The contribution margin per unit = Sales per unit - variable cost per unit
= $38 - $22
= $16 per unit
Since, contribution margin per unit is $16 per unit. So, now we calculate contribution margin per machine hour which is equals to
Contribution margin ÷ machine hours for Lowell lamp
$16 per unit ÷ 4
= $ 4 per machine hour
Thus, the $ 4 per machine hour is the contribution margin per machine hour for the Lowell Lamp.