Answer:
secure
Explanation:
A secure loan is backed by collateral or assets of value
In order to break even, they would need to sell at least 5,000 units
Break even point is calculated by the formula:
Fixed costs÷(selling price -variable costs per unit)
i.e.
100,000 ÷ (60-40) = 5,000
Anything they sell above this number will start to produce profits for the company
Answer:
lower
Explanation:
As people would make a smaller profit but more if it accumulating it to get bigger than expensive with less sales.
Answer: $69,959
Explanation:
The amount of interest expense, that Corso will record on December 31, 2019, the company’s fiscal year end will be calculated thus:
First, we calculate the present value of payment which will be made on September 30,2020 and this will be:
= $1000000 × 0.857339
= $857339
Then, the interest expense on December 31,2018 will be:
= $857339 × 8%/12 × 3
= $17147
Therefore, the Interest expense on December 31,2019 will be:
= ($857339 + $17147) × 8%
= $874486 × 0.08
= $69959
It is the lived nomadic lives. A nomad is a man with no settled home, moving from place to put as a method for getting nourishment, discovering field for animals, or generally bringing home the bacon. The word Nomad originates from a Greek word that implies one who meanders for field.
