17 which should equal 215.01 I think- sorry if I’m wrong
Answer:
The borrower is best off in situation <u>"a"</u> and the lender is best off in situation ▼ "C" .
Explanation:
Considering all the situations given in the options, the <u>borrower</u> is best in situation <u>a</u> and <u>lender</u> is best off in situation in <u>c</u>.
<u>Part a </u>
Real Interest rate = Nominal Interest rate - Inflation rate = 14 - 17 = -3 per cent. Thus, the purchasing power of money has fallen and the person has to pay back money with little purchasing power as compared to the value of the purchasing power at the time he borrowed money. Thus, borrowers are best off.Thus, <u>borrower</u> is best off when the inflation rate is very high.
<u>Part c</u>
Inflation rate is negative, thus the purchasing power of money will increase and lenders will get back money with higher purchasing power as compared to the value of the purchasing power of money at the time he lend the money. Thus, <u>lender </u>is best off when inflation rate is lowest.
Answer:
50,000 units are required to break even
Explanation:
Eclypso Company
Product X Product Y
Unit selling price $10.00 $10.00
Less
Unit variable costs:
Manufacturing $ 6.00 $ 7.00
Selling 1.00 1.00
Total variable costs $ 7.00 $ 8.00
Contribution Margin per unit 3 2
Monthly fixed costs are as follows:
Manufacturing $ 90,000
Selling and administrative 50,000
Total fixed costs $140,000
Weighted Contribution Margin per unit = ($3 * 80% + $ 2 * 20%)= 2.4+ 0.4=
$ 2.8
Combined Break Even Volume = Fixed Costs/ Weighted Contribution Margin Per unit
Combined Break Even Volume = $ 140,000/ 2.8=50,000
Answer:
yes and no.
Explanation:
it depends on how responsible that teen is and what choices they tend to make.
Accounting software can help with which two of these tasks? B. keeping rack of bills to be sent to customers and D. keeping tract of after-sales services owned to customers. Accounting software is used by many companies so that they can keep track of their bills that need to be paid and how their sales and services are doing. Companies track all money coming in and going out of their office to make sure they are budgeting and distributing funds appropriately.
