Answer:
Difference= $1,000 increase
Explanation:
Giving the following information:
Selling price per unit: $30
Variable expenses per unit: $21
New selling price= 30 - 2= $28
New units sales= 13,000
<u>First, we need to calculate the current contribution margin:</u>
Total contribution margin= units sold*unitary contribution margin
Total contribution margin= 10,000*(30 - 21)
Total contribution margin= $90,000
<u>Now, the new contribution margin:</u>
Total contribution margin= 13,000*(28 - 21)
Total contribution margin= $91,000
Answer: 1. During an economic recession and in a pessimistic environment, the yield spread between US government bonds and corporate bonds could be higher than during good economic times.
2. Reorganization
Explanation:
1. When there is a higher yield gap between the US Government bonds and Corporate bonds, this means that the Corporate bonds carry more risk. In a Pessimistic Environment, the ability of a company to pay it's Debt obligations is called into question as the economy is going through hard times and they must be as well. If this is the case which it usually is, higher risk will be attached to Corporate bonds which means that the yield spread/gap will be higher in such an environment than in an Optimistic environment.
2. Reorganization refers to the changing of the way a company is run from it's ownership to it's structure and modus operandi. It is usually done to ensure the business survives when it is going through hard times and the current status quo cannot stand. Hawaiian Telecom engaged in Reorganization by engaging in the actions described.
Answer:Forgery
Explanation:
Forgery involves a false document, signature, or other imitation of an object of value used with the intent to deceive another. Those who commit forgery are often charged with the crime of fraud. Documents that can be the object of forgery include contracts, identification cards, and legal certificates.
Answer:
D) It is equivalent to 4.06% paid annually
Explanation:
Since it is not talking about annuity and simple compound interest, therefore assuming investment value = $100 then interest will be as follows:
Interest for each quarter = 
= 1%
But this 1% will be paid on the compounded value
Interest at end of Quarter 1 = $100 X 1% = $1
Compounded value at end of Quarter 1 = $100 + $1 = $101
Interest at end of Quarter 2 = $101 X 1% = $1.01
Compounded value at end of Quarter 2 = $101 + $1.01 = $102.01
Interest at end of Quarter 3 = $102.01 X 1% = $1.0201
Compounded value at end of Quarter 3 = $102.01 + $1.0201 = $103.0301
Interest at end of Quarter 4 = $103.0301 X 1% = $1.030301
Compounded value at end of Quarter 4 = $103.0301 + $1.030301 = $104.060401
Now net return annually = $4.060401/$100 = 4.06%
Final Answer
D) It is equivalent to 4.06% paid annually
Answer:
an expensive mink coat
Explanation:
High psychological or perceived risk refers to the uncertainty that a consumer may have when he/she is purchasing a good or a product. Usually expensive goods carry a high perceived risk, e.g. house, boat, jewelry, car, etc.
In this case, an expensive mink coat carries high perceived risk because it is an expensive product and a customer considers the pros and cons of purchasing it.
