Answer:
true the investors expect to earn on those funds
Answer:
More , High ( D )
Explanation:
As far as GOODS (compared to services) are concerned, there is More opportunity to correct problems due to High customer contact.
and this is because when dealing with Services instead of Goods the direct customers of services are people hence the level of accessibility to enable the prompt correction of problems that might arise is very high and its faster as well to do that
Answer:
The answer is: $90,000
Explanation:
We must first determine the cost of goods sold:
- COGS = variable costs = 70% x 1,000,000
I will assume all fixed costs are operating expenses.
Then we elaborate a simple income statement:
Sales $1,000,000
<u>COGS ($700,000) </u>
Gross profit $300,000
<u>Operating expenses ($210,000) </u>
Operating profit $90,000
Answer:
d. decrease in the quantity of milk demanded.
Explanation:
The law of demand states that there is an inverse relationship between price and quantity demanded. An increase in price will result in a decrease in price and vice versa.
So in this case an increase in the price of milk will result in a decrease in quantity of milk demanded.
This is illustrated in the attached diagram.
Answer: $50.81
Explanation:
Simple interest = principal x rate x time
The principal was $1,400
The rate is 6.40% (0.064)
The chart indicates that it is 207 days from April 15 to Nov 8
Therefore the amount of time is (207/365).
Simple interest = principal x rate x time
Simple interest= $1,400 x 0.064 x (207/365)
Simple interest= $50.81
Therefore the penalty is $50.81
