Answer:
Break-even point (dollars)= $202,263.16
Explanation:
Giving the following information:
Division Q:
Sales= $365,000
Total variable costs= 226,300
Fixed costs= 76,860
<u>To calculate the break-even point for Division Q, we need to use the following formula:</u>
<u></u>
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 76,860 / [(365,000 - 226,300) / 365,000]
Break-even point (dollars)= 76,860 / 0.38
Break-even point (dollars)= $202,263.16
Answer:
In this situation:
c. Discount must compensate Contractors for its lost profit.
Explanation:
- The option A is not correct in our situation as there is not agreement of local zoning authority with either the contractors or Discount Retail, Inc. so they are not breaching any contract.
- The option b is not correct as contract is not discharged that mean the contract is not ended.
- The option c is correct as now Discount Retail Inc. must compensate the contractor for its profit loss as they will not be building the store and they will have experienced a loss.
- Contractors are in breach of contract as the zoning authority has changed the law not to build the store at that location but not the contractors.
Answer:
0.10
Explanation:
The total deposits in last bank of commerce are $100,000
The total deposits set asides as reserves are $10,000
Therefore the required reserve ratio can be calculated as follows
= 10,000/100,000
= 0.10
Hence the required reserve ratio is 0.10
<span>
Which example BEST illustrates that GDP (gross domestic product) is not always a good indicator of economic health? </span><span><span>A)<span>The GDP falls when consumer spending declines.
</span></span><span>B)<span>Money spent repairing hurricane damage helps raise the GDP.
</span></span><span>C)<span>Goods produced for infrastructure projects help raise the GDP.
</span></span><span>D)<span>The GDP falls because scarcity of materials slows the rate of production.</span></span></span>
Answer:
OPTION C i.e 11%
Option A i.e 30.55 year
Explanation:
we know that capital can be calculated as
from the data given in question we can calculate the value of r
so
solving for r we get
r = 11%
option C
we know that
from the data given we can evealueate the value of n
solving for n we get
n = 30.55 year.
Option A