Answer:
the company will have an operating income of $24,200 at sales level of $95,000
Explanation:
<u>Target profit formula:</u>
Fixed cost 29,000
Sales revenue 95,000
Contribution Margin Ratio 56% = 0.56
from each dollar of sales 56 cents remains to afford fixed cost and make a gain:
95,000 x 0.56 = 53,200 contribution
less 29,000 fixed cost = 24,200
Answer: It's advisable to start saving and investing as early as possible in order to take advantage of compound interest.
Explanation:
<u><em>C IS THE ANSWER</em></u>
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<u><em>PLEASE MARK BRAINLIEST THANK YOU!</em></u>
Answer:
I dont know how this works but did u try 30
Explanation:
I thing bc your saying increase your adding on to soo yeah....
Answer:
892.69
Explanation:
Given the following :
Par value of bond (FV) = 1000
Period (n) = 15 years
Coupon rate (r) = 7.3% annually
Yield to maturity (r) = 8.6% = 0.086
The coupon price = 7.3% of par value
Coupon price (C) = 0.073 * 1000 = 73
Current price of bond can be computed using the relation:
= C * [1 - 1 / (1 + r)^n] / r + (FV / (1 + r)^n)
73 * [1 - 1/(1+0.086)^15]/0.086 + 1000/(1 + 0.086)^15
73*(1 - 1/3.44704)/0.086 + (1000/(1.086)^15)
= 73*8.2546131 + 290.10326
= 602.5867563 + 290.10326
= 892.69