Managers use the POWER of their position to influence employees' decisions and actions.
Answer:
A. 3 business days
Explanation:
In accordance with RESPA, whenever a buyer obtains a new first mortgage loan from a chartered or insured lender, when the loan is insured by the FHA or guaranteed by the VA, or when the loan will be sold to one of the federally related secondary mortgage market agencies, a good-faith estimate of the settlement costs must be provided by the lender within 3 business days.
Answer:
$125,000
Explanation:
total sales = ?S
variable expenses = S x 40%
fixed costs = $270,000
operating income = $75,000
S - 0.4S - $270,000 = $75,000
0.6S = $75,000 + $270,000 = $345,000
S = $345,000 / 0.6 = $575,000
total sales = $575,000
margin of safety = total sales - break even point
break even point = $270,000 / 0.6 = $450,000
margin of safety = $575,000 - $450,000 = $125,000
The margin of safety represents how much can a company's sales can fall until it reaches the break even point.
The answer is <span>preserves and parks. </span>
Disclaimer- The complete question is
Wilson hires a financial analyst to analyze costs and profits for his cereal production business. The analyst determines that Wilson's eventual profit function is given as pi = 2x ^ 4 - 4x ^ 3 + 7 where x is the number of bags of cereal produced. At what point or number of bags of cereal will Wilson's profit start decreasing?
If the company produces only one 1 bag then the profit of Wilson starts decreasing.
Let f ( x ) = 2x^4 − 4x^3 + 7
f ′ ( x ) = 8x^3 − 12x^2
For decreasing, f ′( x ) ≤ 0
⇒ 4x^2 ( 2x−3 ) ≤ 0
⇒ 2x−3 ≤ 0 ( a s x^2 ≥ 0)
⇒ x ≤ 3/2
Since, x is number of bags
So, x ∈ N
∴ x = 1 is only possibility
Thus, If the company produces only one 1 bag then the profit of Wilson starts decreasing.
Financial analysis is the process of evaluating a company's performance using financial data and making suggestions for future improvement. The majority of the work done by financial analysts is done in Excel, where they use a spreadsheet to examine past data and predict how the company will perform in the future.
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