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3 years ago

If capital is held constant, what happens when the price that firm receives for its goods increases?

Business

1 answer:

ziro4ka [17]3 years ago

4 0

Answer:

Then the constant increases?

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Select three aspects that must be considered when analyzing assets.

serious [3.7K]

Answer:

Explanation:

Living expenses

Income

Financial plan

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2 years ago

Forrester Company is considering buying new equipment that would increase monthly fixed costs from $396,000 to $684,000 and woul

Ber [7]

Answer:

50%

Explanation:

Contribution margin is used to determine the profitability of a product. it is price less variable cost

Contribution margin ratio = (price - variable costs) / price

variable cost = 80 - 20 = 60

price = 120

(120 - 60) / 120 = 50%

6 0

3 years ago

Ben and carla covington plan to buy a condominium. they will obtain a $220,000, 30-year mortgage at 5 percent. their annual prop

shtirl [24]

Answer: The total using monthly housing payment is 1371.01.

The monthly payment on a house usually comprises of four parts - principal, interest, taxes and insurance. Even though taxes and insurance are due only once a year, most home loan lenders require that these amounts be deposited in an escrow account . They then transfer the amounts to the respective agency when the amounts fall due. So, the value of monthly payment is:

$Monthly Housing Payment = Principal + Interest + Taxes + insurance$

We need to calculate the EMI on the housing loan. This will cover the monthly payment on principal and interest

$EMI = \frac{PV}{\frac{1-(1+r)^{-n}}{r}}$

$EMI = \frac{220000}{\frac{1-(1+\frac{0.05}{12})^{-30*12}}{\frac{0.05}{12}}}$

$EMI = \frac{220000}{\frac{1 - 0.22382659564135}{0.0042}}$

$EMI = \frac{220000}{186.28}$

$EMI = 1181.01$

Next we calculate the monthly property taxes and insurance

Monthly property taxes $\frac{1800}{12} = 150$

Property insurance $\frac{480}{12} = 40$

Hence the total housing payment is : $1181.01 + 150 +40 = 1371.01$

3 0

3 years ago

A price floor is found ___________ the equilibrium point.

leonid [27]

Underneath
because it's a floor haha

3 0

3 years ago

Making a minimum payment:

stich3 [128]

Making the total minimum payment each month means you avoid a late payment fee and ensures you can keep using your card. This is the defenition of making a minimum payment so I would go with answer A

5 0

3 years ago