Answer:
1.Subject line: _____________ Supply of Suffocation Warning Bags
2. Opening sentence: ____________ We acknowledge the receipt of your request, dated April 4, 2021, for the supply of Suffocation Warning Bags.
Explanation:
A business letter requires the use of a suitable subject line to summarize the topic of the correspondence. It enables the recipient to clearly and quickly understand the topic. The opening sentence should fully make reference to the subject with an acknowledgement of the inquiry earlier received from the recipient.
I'm pretty sure, financial services sales agent a.k.a stockbrocker
Answer:
the income earned is $39,900
Explanation:
The computation of the income earned is shown below:
As we know that
Margin (%) = Income earned ÷ Sales revenue
Therefore,
Income earned = Additional sales Margin percentage
= $570,000 × 7%
= $39,900
hence, the income earned is $39,900
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
IRR = 3.64%
Explanation:
using a financial calculator or excel spreadsheet we can determine the IRR of this investment:
year 0 = -$15,000
year 1 = $0
year 2 = $0
year 3 = $0
year 4 = $5,000
year 5 = $6,000
year 6 = $7,000
IRR = 3.64%
Since your required rate of return is 12%, you should pay a maximum of $10,128.57
Answer:
b. Increase by $17,000
Explanation:
For computing the change in the operating income, first we have to determine the cost by make and buy options
Make options:
= Variable cost + fixed cost
= $70 + $60
= $130
Buy options:
= Outside supplier cost + fixed cost × remaining percentage
= $77 + $60 × 60%
= $77 + $36
= $113
So, the difference of cost would be
= $130 - $113
= $17
And, the operating income would be
= Number of units make in each year × cost difference
= 1,000 units × $17
= $17,000