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marusya05 [52]
3 years ago
6

$39,918.23 rounded to the nearest thousands

Business
1 answer:
mihalych1998 [28]3 years ago
6 0

Answer:

0.727935

Explanation:

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While sony and microsoft focused on the graphics and raw processing power favored by hard-core male gamers, nintendo chose to de
anastassius [24]

The answer is- Blue Ocean

8 0
3 years ago
In an imaginary economy, consumers buy only razors and cologne. The fixed basket consists of 6 razors and 4 bottles of cologne.
Hitman42 [59]

Answer:

The answers are:

  1. The CPI for 2009 is 100 (since it is the base year)
  2. The CPI for 2010 is 129.17
  3. The inflation rate for 2010 is 29.17%

Explanation:

<u>CPI basket for 2009</u>

  • 6 razors x $20 per razor = $120
  • 4 bottles of cologne x $30 per bottle = $120

The total value of the CPI basket for 2009 is $240

<u>CPI basket for 2010</u>

  • 6 razors x $25 per razor = $150
  • 4 bottles of cologne x $40 per bottle = $160

The total value of the CPI basket for 2010 is $310

  1. The CPI for 2009 is 100, since it is the base year
  2. The CPI for 2010 = (CPI basket 2010 / CPI basket 2009) x 100 = ($310 / $240) x 100 = 129.17
  3. The inflation rate for 2010 = [(CPI basket 2010 / CPI basket 2009) - 1] x 100 = (1.2917 - 1) x 100% = 29.17%

3 0
3 years ago
Sam’s Appliance Outlet has variable expenses of 40% of sales. The manager reported monthly fixed expenses of $270,000. The month
solong [7]

Answer:

$125,000

Explanation:

total sales = ?S

variable expenses = S x 40%

fixed costs = $270,000

operating income = $75,000

S - 0.4S - $270,000 = $75,000

0.6S = $75,000 + $270,000 = $345,000

S = $345,000 / 0.6 = $575,000

total sales = $575,000

margin of safety = total sales - break even point

break even point = $270,000 / 0.6 = $450,000

margin of safety = $575,000 - $450,000 = $125,000

The margin of safety represents how much can a company's sales can fall until it reaches the break even point.

7 0
4 years ago
Mark Paxson maintains that the statement of cash flows is an optional financial statement. Do you agree? Explain.
AlekseyPX

Answer:

I Disagree

Explanation:

The statement of cash flows is of extreme importance for a company and its stakeholders (especially investors). It shows how activities affecting the balance sheet and the financial statement also affect cash and cash equivalents, and while it is true that the balance sheet has an account under that name, it does not provide enough detail.

The statement of cash flows on the other hand details how much cash the company gets from financing, operating, and investing activities, and from this information, a potential investor can make crucial analysis when determining whether to invest or not.

6 0
4 years ago
According to your text, sales promotions such as free samples and point-of-purchase displays are designed to build.
yarga [219]

According to your text, sales promotions such as free samples and point-of-purchase displays are designed to build. are called "Short-Term sales."

<h3>What is short term sales?</h3>

An property or stock that the seller doesn't own is sold in a short sale. The typical transaction involves an investor selling borrowed securities in expectation of a decrease in price; the seller is then obligated to deliver the same number of shares at a later date. A seller, on the other hand, holds a long position in the stock or asset.

Some characteristics of short term sales are-

  • A stock that its an investor believes will lose value in the near future is sold short.
  • A trader borrows shares on margin for a set length of time to complete a short sale, selling the stock when the price is attained or the period of time has passed.
  • Because short sells restrict gains while amplifying losses, they are regarded as dangerous trading techniques. Additionally, they come with regulatory hazards.
  • To be successful, short sales need to be timed almost perfectly.

To know more about short-term investment, here

brainly.com/question/7905571

#SPJ4

6 0
2 years ago
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