IBM developed the first commercially successful computer
The price of money that is borrowed or saved is called interests.
when you're money is saved it is earning a price called interest,, when you borrow money from someone or someone borrowed money from you, the amount earned interest.
Workers who are known to have skills to operate machines and who only require a minimum amount of training are semiskilled laborers. They are known as semiskilled due to the fact that they work using a bit of skills only, and they don't require to learn the whole aspects of the machine.
Answer: Finance companies
Explanation:
Finance company, refers to specialized financial institution that provides credit in order to buy consumer goods and also grant small loans to their consumers. They're different from the commercial banks as they do not accept deposit.
Finance companies can also borrow money from the commercial banks or the Federal Reserve System at a low interest rate and will then lend the monwy out at a higher interest rate.
Answer:
=$4.07 unit
Explanation:
<em>Weighted average contribution margin is applicable where a business sells more than one product in a constant mix or proportion. It gives an idea of how much is made on the average as contribution from th sale of a unit.</em>
It is determined as follows
Step 1
<em>Total contribution from a mix and total units</em>
<em>Total contribution from a mix</em>=(2500 × $3.50) + (2,000 × $4.80)
=$18,350
<em>Total units in a mix</em> = 2,500+ 2,000 = 4,500 units
Step 2
<em>weighted average unit contribution</em>
=$18,350/4,500units
=$4.07 unit
