Answer:
See the excel spreadsheet attached.
Anticipated profit/(loss) is ($20,000).
Explanation:
The net profit/(loss) is the difference between the total sales and total cost. The total sales is computed as the product of the sale of each book and the number of books sold. The total cost is the sum of the variable and fixed costs.
The total variable cost is the product of the variable cost per book and the total number of books sold.
Alternatively, sales less variable cost gives contribution margin. Contribution margin less fixed cost gives the net profit. As shown in the spreadsheet attached.
Interpretation is correct answer
Answer:
B. False
Explanation:
Land held for possible plant expansion would NOT be included as an operating asset when computing return on investment (ROI).
Return on investment (ROI) is used to measure the profitability of an investment. It helps to compare the gain or loss from an investment in relation to its cost.
Return on investment can be used to determine
1. Profitability of a stock investment,
2. Profitability of the purchase of a business investment
3. Profitability of a real estate business
ROI = Net return / cost of investment × 100
Net return= Final value of investment - initial value of the investment
Answer:
i think FV(10) is 110,000.
Explanation:
Suppose today is 1/1/2000, two years from now, ur mom will get the first payment in 2002, and then the second is 2003, and the last is in 2004. U can calculate those number to bring it back to 2000, so u can calculate PV= 46,446 .Then, from 2004, ur mom plans to retire six years later from 2004, which means,2010 (she will begin retire in 2010, last day of 2009, 31/12/2009). Then u will calculate the FV= PV.(1+9%)^10= 110,000
Answer:
Budget Line rotates inwards (leftwards/ downwards) on that axis, optimal quantity demanded at that higher price .
Explanation:
Budget line represents product combinations that a consumer can afford , using all income with given prices & income.
If price of a product increases, the consumer can consume lesser amount of the product due to higher prices . So, the budget line rotates inwards (leftwards / downwards) on the corresponding x / y axis denoting that good.
So, inwards rotation of the budget line on the corresponding axis representing the price risen good - leads to reduction in the quantity of the good whose price has risen.
