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In the case of snack corp, when the price they sell their product at is <u>below</u> the average cost of production, profits are <u>negative</u> due to<u> </u><u>negative</u> average profit.
Average profit is defined as total profit divided by performance, or total profit for each period divided by a number of periods. The formula for calculating average profit is Average Revenue - Average Cost = Average Profit.
But in general, small businesses have healthy profit margins between 7% and 10%. However, be aware that certain companies may have lower profit margins. B. A retail or food company. This is because overhead costs tend to be high. Average profit is calculated by dividing the total profit for the year by the number of years of profit.
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Answer:
$30,586
Explanation:
Using an annuity formula, we will compound at 2.9% for 9 years and the money at the end of year 9 will be used to compound at 2.3% for 12 years.
So compounding formula is:
Future Value = Present Value * (1+r)^n
For compounding at 2.9% for 9 years,
Future Value = $18,000 * (1+2.9%)^9 = $23,281
And now using the money at the end of year 9 to compound at 2.3% for 12 years:
Future Value = $23,281 * (1+2.3%)^9 = $30,586
The key factor is the description of the vehicle, making this case highly solvable.
Progress in crime lab methods and PC innovation are helping the police to find vehicles associated with violations. Because of new forensic devices, even modest bits of a car, or a faint impression from a tire tread, can limit the rundown of suspect vehicles. The police would then be able to cross-reference that data with data in the region and examine a subset of autos. In the given case we have a load of information about the car used which can easily lead to the criminal.
Answer:
The correct answer is letter "A": Terminate the contract for default.
Explanation:
A termination for default takes place when one party on a contract is not able to fulfill the agreement conditions. The party who failed to fulfill the contract obligations can be sued and could be found liable for all the damages caused as a result of the breach of the agreement.