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MAVERICK [17]
2 years ago
11

In analyzing the chart, what is the relationship between fees and dollar advanced? What do you think that payday lenders base th

eir fees on?

Business
1 answer:
mezya [45]2 years ago
7 0

<em>Fees are directly related with the dollars advanced. Meaning as the dollars advanced increases, fees also increases and same goes as the dollars advanced decreases, fees also decreases. And therefore, using this same concept, we can say that payday lenders based their fees on the amount of dollar advanced.</em>

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Crane Company has a unit selling price of $500, variable costs per unit of $260, and fixed costs of $184,800. Compute the break-
Ostrovityanka [42]

Answer:

Break-even point in units= 770

Explanation:

Giving the following information:

Selling price= $500

Unitary variable cost= $260

Fixed costs= $184,800

<u>To calculate the break-even point in units using the mathematical equation, we need to use the following formula:</u>

<u></u>

Net income= unit contribution margin*x - fixed costs

x= number of units

0= (500 - 260)*x - 184,800

184,800/240 = x

770=x

<u>Now, under the unit contribution margin method:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 184,800/240

Break-even point in units= 770

5 0
3 years ago
The event in the 1700s that advanced human services in the United States occurred when Congress established a federal chain of h
Darina [25.2K]
I think the answer would be disabled and sick seamen. I'm not sure, but I Hope my answer will help. 
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4 years ago
A new law has been enacted increasing the penalty for drunk driving in order to reduce the number of alcohol related traffic fat
ycow [4]
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5 0
3 years ago
At the lowest price for a tv, the number people demanding the good is _____ the number who demand the good at the highest price.
snow_tiger [21]
The correct answer that would best complete the given statement above would be the first option: GREATER THAN. <span>At the lowest price for a tv, the number people demanding the good is greater than the number who demand the good at the highest price. The lower the price, the higher the demand. </span>
6 0
4 years ago
social media company needs money to expand, so it decides to issue stock. the first-time sale of the company's stock directly to
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When a social media firm needs funds to expand, it decides to sell stock. An initial public offering is the first time a company's shares are sold directly to the public (IPO). Hence, the correct answer is IPO.

<h3>What is an initial public offering?</h3>

An initial public offering (IPO) or stock launch is a public sale in which a company's shares are offered to institutional and, in most cases, individual investors. One or more investment banks often underwrite an IPO, as well as arrange for the shares to be listed on one or more stock exchanges. A privately owned corporation becomes a public company through this procedure, referred to colloquially as floating or going public. Initial public offerings (IPOs) can be used to raise additional equity capital for firms, to monetize the assets of private shareholders such as company founders or private equity investors, and to make current holdings or future capital raising easier to trade by becoming publicly traded.

To learn more about the initial public offering, click

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4 0
1 year ago
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