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3 years ago

The _the down payment, the ____you have to borrow.

Business

1 answer:

serious [3.7K]3 years ago

7 0

Answer: C.More, less

Explanation:

When you have much to do with money and it resolves you to borrowing, the more the down payment, the less you have to borrow. Having more would make you not to borrow much for the situation.

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During a certain year, the consumer price index increased from 120 to 132 and the purchasing power of a persons bank account inc

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The answer is D.} the inflation rate was 12 percent.

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3 years ago

Bella is looking into getting an apartment that costs $800 per month. How much does she need to make per year in order to comfor

Andreyy89

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4 years ago

In the short run, a profit-maximizing monopolistically competitive firm sets it price: A) equal to marginal revenue. B) equal to

Taya2010 [7]

In the short run, a profit-maximizing monopolistically competitive firm sets it price: above marginal cost. Option C. This is further explained below.

<h3>What is marginal cost?</h3>

Generally, The marginal cost of production is the incremental cost incurred to produce one more unit of a good or service.

In conclusion, Initially, a monopolistically competitive business sets its price at a level above its marginal cost in order to maximize its profits.

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2 years ago

Sweet manufacturing is planning to sell 400,000 hammers for $6 per unit. the contribution margin ratio is 20%. if sweet will bre

mestny [16]

At the break-even point, the total sales and the total cost is said to be equal. Therefore, there is no profit or loss. We set up the equation as follows:

Profit/Loss = (Unit Contribution Margin) (Units) - (Fixed Costs) = 0

Unit contribution margin is (0.20)(1.50) = 0.30

Substituting the known values gives;

0 = (0.30)(400,000) - FC

FC = (0.30)(400,000)

FC = $120,000

<span>Therefore, the total fixed costs would </span>$120,000.<span>
</span>

5 0

3 years ago

Construct a balance sheet for Sophie’s Sofas given the following data. What is shareholders’ equity? Cash balances = $10,000 Inv

Mrrafil [7]

Answer:

Balance Sheet of Sophie's Sofas for the year ended December 31th 20XX

Cash 10,000 Account Payable 17,000

Account Receivable 22,000 Long Term Debt 170,000

Inventory 200,000 Total Liabilities 187,000

Current Assets 232,000 Stockholders Equity 145,000

PPE 100,000

Total Assets 332,000 Total SE + Liab 332,000

Explanation:

We calculate equity using the accounting equation:

Assets = Liabilities + Equity

We add all the assets in one column, and the liab in another. Now, once we got these two, we calculate equity by subtracting:

332,000 - 187,000 = Equity = 145,000

6 0

3 years ago

____The _______the down payment, the ______you have to borrow.

The _the down payment, the ____you have to borrow.