A buyer might choose to back out after a deal has been closed or might have some problems regarding the same. It is the seller's duty to ensure that the buyer stays and has no issues regarding the same.
A buyer can back away due to many circumstances. Some of them could be: receiving a better offer elsewhere, or unforeseen circumstances, among others.
But what about problems in buyers' minds after the deal has been closed? It can be resolved in some ways. The seller can offer a secure payment method, to begin with. Or alleviate some of the financial burdens so that it can be paid off later securely. The seller can also show customer reviews to the buyer if possible, which might help solidify the buyers' minds regarding the same.
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the net pay owed to an employee amounts to their gross pay minus deductions made. these deductions can include:
Employers are prohibited from taking unauthorized deductions from employees' salary and compensation, including several other groups of people. Employers must abide by the provisions of your employment contract and may only deduct wages under certain circumstances.
Learn about your rights to protection and when employers may deduct money from your pay.Your earnings and your salary differ slightly. Your employer pays you a salary in relation to the work you do. The minimum amount you should be paid is called pay (for example your monthly or hourly pay rate). Your pay may consist of:
any fees, bonuses, commissions, holiday compensation, or any wages related to your employment, excluding
statutory wages (such as Statutory Sick Pay or Statutory Maternity Pay)
Gift certificates, lunch coupons, and other vouchers with a set value that can be used to buy products, services, or money.
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foreign exchange rates have been very blank since 1973 due to the many crises that have occurred in this period, such as the opec oil crises and the asian currency crisis. multiple choice question. volatile
foreign exchange rates have been very volatile since 1973 due to the many crises that have occurred in this period, such as the OPEC oil and the Asian currency crises.
The foreign exchange rate is defined as the price of one currency relative to another. The goal of foreign exchange is to compare one currency to another in order to determine their relative values.
The foreign exchange rate is also known as the rate at which one currency is exchanged for another, or the price of one currency expressed in terms of another currency.
Currency exchange rates can be either fixed or floating. The fixed exchange rate is determined by the country's central bank, whereas the floating rate is determined by market demand and supply dynamics.
Some factors influence the exchange rate, which can be economic, political, or psychological. Inflation, trade balances, and government policies are all known economic factors that cause fluctuations in foreign exchange rates.
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Answer:
Volatile
Explanation:
foreign exchange rates have been very blank since 1973 due to the many crises that have occurred in this period, such as the opec oil crises and the asian currency crisis. multiple choice question.
the main way differ from agents is that they do not develop long-term relationships with the buyers or sellers they assist. a. brokers b. sales discounters c. wholesalers d. rack jobbers
In contrast to merchant wholesalers, agents and brokers do not actually buy or acquire ownership of the goods they buy and sell.
The Corrcet answer is C. wholesalers.
What do merchant wholesalers do?Branches of the Merchant Wholesalers in the durable goods industry supply other companies with capital or durable items. In general, merchant wholesalers take ownership to the products they offer, meaning they buy and sell products on their own behalf.In order to distribute goods at a wholesale level, wholesale trade agents and brokers act on behalf of buyers and sellers. Instead of taking title to the products they are selling, they make money by charging commissions and fees for their services.Agents normally represent either the buyer or seller on a permanent basis; brokers bring parties together temporarily. Instead, brokers bring buyers and sellers together and negotiate the parameters of the transaction.To Learn more About wholesalers refer to :
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surplus is: a. a better measure of the value that buyers and sellers get from participating in a market than price itself. cross out b. maximized for individuals whose reservation price equals the market price. undo c. negative for those who do not participate in a market. cross out d. all of these are true.
No single buyer or seller may affect that price. Price takers are people or businesses that must accept the market price as given.
What is it called when a firm has no ability to influence market prices?Monopoly power is another name for market power. A "price taker" business is one that competes. As a result, a firm in a market with competition cannot alter the price of a good. Due to the modest size of any competing firm in relation to the market, they have no impact on pricing. Firms with market power, on the other hand, are also referred to as "price makers."A consumer or firm that takes the market price as given has no ability to influence that price.Markets inherently tend toward supply and demand equilibrium as a result of buyer and seller activity. Suppliers are unable to sell all of the product they desire at the market rate if there is a surplus. A state of extra supply is another name for a surplus. The surplus prompts the sellers to lower their pricing.To Learn more About market price Refer to:
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if the rate on one-year t-bills currently is 6 percent, what is the repayment probability for each of the following two securities? assume that if the loan is defaulted, no payments are expected. what is the market-determined risk premium for the corresponding probability of default for each security? a. one-year aa rated bond yielding 9.5 percent? b. one-year bb rated bond yielding 13.5 percent?
the market-determined risk premium for the corresponding probability of a One-year AA-rated bond yielding 9.5 percent is 3.5%
the market-determined risk premium for the corresponding probability of a One-year BB-rated bond yielding 13.5 percent is 7.5%
Probability is a way to express how likely something is to happen in terms of a percentage. By dividing the total number of events by the number of favorable events, the probability is computed.
Probability is equal to the sum of the positive and negative events.
Possible values:
Bonds with an AA rating yield 9.5%.
Bonds with a BBB rating yield 13.5%.
Rate = 6%
a. The likelihood of repayment is determined as follows:
Probability of Repayment = (1 + Rate) / (1 + AA - Rated bond yielding)
P = (1 + 6%) / (1 + 9.5)
P = (1 + 0.06) / (1 + 0.095)
P = 1.06 / 1.095
Probability of Repayment = 0.968 or 96.8%
The following formula is used to compute the market risk premium:
Bond yielding at an AA rating minus the risk premium determined by the market
Risk premium as decided by the market = 9.5% - 6%
Risk premium as decided by the market = 0.095 – 0.06
Risk premium as determined by the market: 0.035 or 3.5%
b. The likelihood of repayment is determined as follows:
Probability of Repayment = (1 + Rate) / (1 + AA - Rated bond yielding)
P = (1 + 6%) / (1 + 13.5)
P = (1 + 0.06) / (1 + 0.135)
P = 1.06 / 1.135
Probability of Repayment = 0.9339 or 93.39%
The following formula is used to compute the market risk premium:
Bond yielding at a BB rating minus the risk premium determined by the market
Risk premium as decided by the market = 13.5% - 6%
Risk premium as decided by the market = 0.135 – 0.06
Risk premium as assessed by the market = 0.075 or 7.5%
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physicians clinic orders by phone seven boxes of single-use latex gloves from quality medical supplies, inc. after three boxes are delivered and accepted, physicians clinic repudiates the contract. quality medical can enforce the contract to
Physicians Clinic renounces the agreement after three boxes have been delivered and accepted. As long as there are three boxes that have been accepted, Quality Medical can enforce the contract.
Which of the following lists the necessary components of an enforceable contract?An agreement that specifies the legal rights and obligations of two or more parties is known as a contract. A valid contract must include all five requirements: offer, acceptance, awareness, consideration, and capability.
Which of the following does not apply to a legally binding contract?Earnest money is the solution. Offer and acceptance, consideration, legally capable parties, mutual consent, and a legal purpose are necessary components of a valid contract. A contract does not need earnest money to be enforceable.
What happens if a contract's conditions are not followed?A breach of contract occurs when the conditions of a contract are not followed, and the damaged party may then bring legal action.
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gunther posted an expensive item on an online auction site. dominic offers the highest bid and sends payment to gunther. gunther then refuses to send the product to dominic. gunther has committed:
Gunther has committed online auction fraud.
Online auction fraud typically occurs when a buyer is misled about the items or services they are purchasing on an online auction site, or when a seller is not paid for the things they are selling or is paid using fake debit or credit cards. Methods for combating online auction fraud are:
Keep proof: Maintain a copy of the transaction by taking screenshots of it on the website and storing them safely.Check the auction website: As soon as you can, get in touch with the auction site. They will begin their own internal processes to investigate by flagging the transaction or the listing.Review the terms and conditions of the auction site. See how the auction handles situations like yours in its policy.To learn more about fraud refer:
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how would you align human resource plans in a project portfolio to an organization's strategic objectives?
Comprehend the business strategy; evaluate the existing situation;
Plan and implement the HR strategy; these are the some of the align HR in organizational strategic plan.
How do you align the HR plan to the organizational strategic plan?A company's long-term plan for how it will deploy its resources to support commercial operations is called an organizational strategy. It offers direction on how a business might accomplish its goals. These tactics are used by businesses to fulfill their objectives and create strategic plans.
Achieving the organization's objective depends on properly integrating the HR strategy with the business strategy.
Alignment connects strategy and execution through communication. In order to align strategies, HR must:
Comprehend the business strategy;
evaluate the existing situation;
Plan and implement the HR strategy;
Measure and evaluate results;
Make any necessary adjustments.
You may define priorities and give your company direction by developing an organizational plan. It outlines your definition of success and prioritizes the kinds of actions necessary to turn that definition into reality.
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what dividend yield would be reported in the financial press for a stock that currently pays a $1 dividend per quarter and the most recent stock price was $40?
The dividend yield for the financial press for a stock that currently pays a $1 dividend per quarter and the most recent stock price was $40 is 10%.
Dividend yield
Dividend yield refers financial ratio that tells you the percentage of a company's share price that it pays out in dividends each year.
Given,
Here we need to find the dividend yield would be reported in the financial press for a stock that currently pays a $1 dividend per quarter and the most recent stock price was $40.
Through the given question, we know that,
Dividend per quarter = $1
Recent stock price = $40.
So, the dividend for one year is 4 x $1 = $4.
So, the dividend yield for the recent price is
=> 40/4
=> 10%.
Therefore, the dividend yield is 10%.
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Which of these is a disadvantage to only using cash to make purchases?
Cash advances require a lot of paperwork and are generally difficult to get is a disadvantage to only using cash to make purchases.
cash is felony gentle—forex or coins—that may be used to change items, debt, or offerings. every so often it also includes the fee of belongings that may be effortlessly converted into cash immediately, as reported with the aid of an employer.
Cash is the quantity of real cash an enterprise has at its disposal. it's miles are labeled on the balance sheet as a modern asset, which means it's miles in all likelihood for use within the subsequent 365 days, and is commonly held in bank money owed. money or its equal (consisting of a check) paid for goods or services at the time of purchase or delivery. coins. it's a shop of price. coins is extra than only a charge instrument. It permits humans to preserve money for saving functions without default chance. it is useful for a small man or woman-to-character presents and bills.Learn more about cash here: https://brainly.com/question/24179665
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Disclaimer: The question is incomplete. Please read below to find the missing content.
Which of the following is not a disadvantage to cash advances on a credit card?
a.
Cash advances are similar to loans in that they need to be paid back with interest.
b.
Cash advances require a lot of paperwork and are generally difficult to get.
c.
Cash advances are often the last thing to be paid when paying off your credit card.
d.
Cash advances often come with an interest rate much higher than your credit card.
in the first quarter of 2019, what were the weekly earnings of high school graduates without a college degree?
The weekly earnings of a high school graduate without a college degree in the first quarter of 2019 was $ 739 per week.
How does education affect pay?In the United States, the pay rate that a person gets is often directly correlated with the level of education that they have. What this means is that if for instance a person has a college degree, they can generally expect to be paid more than a person with only a high school diploma.
From the table, we can see that a person who has a high school diploma, or has graduated high school, will earn a total of $ 739 per week in the first quarter of 2019. In that same period, a person who has a college degree will get an average of $ 1, 213. This is why people incur the student loans that they do, in order to attend college.
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expected sales $ 10,000 units direct material and labor costs $ 150 per unit variable manufacturing overhead $ 20 per unit fixed manufacturing overhead $ 300,000 fixed selling and administrative expenses $ 150,000 average operating assets $ 2,000,000 required return on investment 20% what is the amount of the markup percentage on the absorption cost that should be used to derive the selling price of this product?
The amount of the markup percentage on the absorption cost that should be used to derive the selling price of this product will be 20%.
A managerial accounting technique known as "absorption cost," also known as "full costing," is used to record all expenses related to producing a specific product. This strategy accounts for both direct and indirect costs, including direct materials, direct labor, rent, and insurance.
According to generally accepted accounting principles (GAAP), absorption costing is necessary for external reporting.
Total sales values = Total cost + Return on investment
Return on investment = 20% × 2,000,000 = 400,000.
Profit per unit = 400,000/10,000 units = 40 per unit
Total production cost = Variable cost + Fixed production overhead
= ((150 + 20) × 10,000 + ( 300,000)
= 2,000,000
Cost per unit = 2,000,000/10,000= 200
mark-up in (%) = profit per unit/ cost per unit
= (40/200)× 100 = 20%
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what would be your first response if you were asked your personal thoughts on strategic management as a tool
Strategic managements provides overall direction by developing overall direction by developing plans and policies designed to achieve objectives and then allocating resources to implement the plans.
What do we learn in strategic management?
In strategic management we can manage business and projects proactively with a focus on long term strategy, rather than reacting. It helps you to ensure that on the latest business growth strategies as well as on the newest tools for strategic planning models.
It helps has a specific goals that day to day basis, weekly, monthly and sometimes yearly. The organization helps in setting of competitive environment and coming up with strategies to help you achieve organization goals.
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on december 1, victoria company signed a 90-day, 4% note payable, with a face value of $10,200. what amount of interest expense is accrued at december 31 on the note? (use 360 days a year.) multiple choice $102 $0 $408 $68 $34
Principal amount = $10,200
Rate of Interest = 4%
Time period = 90 days
Therefore,
Amount of interest expense accrued =
= Principal * Rate of interest * Time period
= $10,200 * 0.04 * 90/360 [ given to use 360 days a year ]
= $408 * 90/360
= $102
Notes payable are long term and short term liabilities, depending on it's due date, that indicates the amount a company owes to it's creditors. For example loan from bank or friends or suppliers.
Long term = payable beyond 12 months, usually within 5 years
Short term = payable within 12 months.
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zara's store managers place orders that reflect their localized needs. however, order fulfillment is ultimately the responsibility of the commercial team in headquarters because:
Zara's store manager placed order that reflect in their localized needs. However, order fulfillment an ultimately is the responsibility of the commercial team in headquarters, because store managers does not have visibility into regional demands but the commercial team does.
A store manager is responsible for overseeing the daily operations of a store, their duties include motivating sales teams, creating business strategies, developing promotional material, and training new staff. Also known as a store supervisor.
What skills do you need for store managers?
These seven retail manager skills are essential for any store
Multi-tasking.Decision-making.Leadership.Motivation.Organizational skills.Effective communication.Making the first sale of the day.Learn more about store manager here:- https://brainly.com/question/28219371
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some popular social media management systems are becoming more difficult to manage becausesome popular social media management systems are becoming more difficult to manage because
Media Management is a branch of Business Administration concerned with the organisation and supervision of teams of media experts, various mass communication channels and technologies, media and entertainment productions, and other activities.
Conceptualizing, conceiving, designing, producing, editing, and directing media projects; or the operation, maintenance, and/or oversight of media facilities, production, and distribution-related operations are examples of functions. Creating marketing communications strategies for organisations of all sizes and industries. A media strategy for launching a new high-speed rail, for example, can include media creation, advertising, events, product showrooms, and partnerships with media representatives and influencers. Media management is a discipline of business administration that focuses on the growth.
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congratulations! you were the 10th caller on the kmth morning show and you just won $4,000.00. after you calm down, you decide to put the money into a bank account so that you will have even more money for a trip to europe. snurling bank tells you that they will pay 10% per year compounded monthly. how much money will you have for your trip in 2 years? a) $4,880.56 b) $4,884.56 c) $4,881.56 d) $4,879.56 e) $4,877.56 f) none of the above.
Compound interest is the idea that interest is earned on top of interest from that point forward by adding accumulated interest back to the principal amount. Here, a month's worth of compound interest is calculated (time period). As a result, the time period is 12 times, and the interest rate is divided by 12.
The scenario states that the computation of the provided data is as follows:
The current value is $4000.
Rate = 7%
Monthly compound rate equals 10% times 12.
Duration = 2 x 12 = 84
So, using a financial calculator, we can estimate the value in the future.
FV = $4,884.56
Principal multiplied by one plus the interest rate divided by the number of periods, raised to the power of the number of periods, and that whole subtracted from the principal amount to yield the interest amount, is how monthly compounding is calculated.
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if the executives of the u.s. silicon-chip industry lobby congress for protection from imports on the grounds that theirs is a new industry that needs time to develop technological efficiency, they are using the:
If executives in the United States' silicon-chip sector import protection on the grounds that their industry is nascent and requires time to increase technological efficiency, they are utilizing the national security argument.
The United States of America, sometimes known as the United States or America, is a country in North America. It is made up of 50 states, a federal district, five large unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. It is the third-largest country in terms of land area and total area. The United States shares geographical borders with Canada to the north and Mexico to the south. It shares maritime borders with the Bahamas, Cuba, Russia, and other countries.
It is the third most populated country in the world, with a population of over 331 million people. The United States is a highly developed country, and its economy is significant.
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would an employer find benefit in using an understanding of crystallized and fluid intelligence in a hiring practice?
The employer's understanding of crystallized and fluid intelligence in a hiring practice would benefit him.
It uses both types of intelligence. If you've ever faced a new difficulty and solved it by looking back on an experience, your fluid and crystalline intelligence has combined to your advantage.
Fluid intelligence is the ability to recognize, assess, and respond to unfamiliar situations. The term "crystallized intelligence" refers to the capacity to recall learned information. Both bits of intelligence is necessary to solve challenges.
Both fluid intelligence and crystallized intelligence, despite their distinctions, are equally important and even related.
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one of the allegations in a recent fraud was that confirmations of account balances to various banks were determined to be forgeries. auditing standards state that an audit rarely involves the authentication of documentation, nor is the auditor trained as or expected to be an expert in such authentication. what steps could the auditors have taken to ensure that bank confirmations were reliable?
The following steps could auditor have taken to ensure that bank confirmations were reliable
designing external assuranceauditor's use of appropriate assuranceAttsation is the process of obtaining and evaluating direct communications from third parties in response to requests for information on specific issues affecting statements related to the financial statements.
Auditing Standard #8, Audit Risk, describes the audit risk model. It assesses inherent and control risks, determines an acceptable level of detection risk, and develops an assurance program to achieve a reasonably low level of assurance risk using appropriate assurance at the level of Assertion.
It explains the concept of designing. The auditor should: Assess the risk of material misstatement at the assertion level. ISA 500, “Audit Evidence,” states that the reliability of audit evidence is affected by its source and nature, and the individual circumstances in which it was obtained.
but note that the following generalizations regarding the reliability of audit evidence may be helpful:
• Audit evidence is more reliable when obtained from independent sources outside the organization.
• Audit evidence obtained directly from the auditor is more reliable than audit evidence obtained indirectly or by inference.
• Audit evidence is more reliable when it is in document form.
• Original audit evidence is more reliable than photocopy or fax audit evidence.
Accordingly, audit evidence in the form of original written responses to requests for confirmation from third parties unrelated to the audited entity should be viewed separately. Significantly reduces the risk of misrepresentation of related claims to an acceptably low level.
Auditor may request external confirmation of the terms of any contract the company has with a third party or of her transactions. The Other examples of situations in which external confirmation can be used are: • Bank balances and other information from bankers.
• Customer Balance.
• Investments purchase
• Vendor balance.
he reliability of audit evidence obtained from external assurance depends, among other things, on the auditor's use of appropriate assurance procedures in designing external assurance requirements, performing external assurance procedures, and evaluating their results.
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in a closed economy, without the government, the consumption expenditure equals $5,000 and the investment expenditure equals $2,000. what is the national incom
In national income accounting, internet countrywide earnings (NNI) is internet countrywide product (NNP) minus indirect taxes.[1] internet countrywide earnings encompass the earnings of families, corporations, and the authorities. net countrywide profits are defined as gross domestic product plus internet receipts of wages, salaries, and assets earnings from overseas, minus the depreciation of constant capital assets (dwellings, homes, machinery, shipping gadget, and physical infrastructure) via put-on and tear and obsolescence.
Herbal assets are non-vital natural capital along with minerals. NNI* no longer takes critical natural capital under consideration. Examples are air, water, land, and so on.
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the population of new york city would have totaled 1.2 million in 1860 if it had included the then-independent city of
The population of New York City would have totaled 1.2 million in 1860 if it had included the then-independent city of Brooklyn.
Many of the state's new immigrants settled in the cities in the early 1900s.
They came there to discover jobs in the towns' growing factories and corporations.
Immigrants settled particularly in towns in the Northeast and Midwest. The result became speedy urbanization, or an increase of cities, in those areas.
The percentage of the population residing in cities came to be the most important in California, the Midwest, and the Northeast.
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the risk-free rate is 7%. the expected market rate of return is 15%. if you expect a stock with a beta of 1.3 to offer a rate of return of 12%. according to the textbook capm you should
Since the stock is expensive, option (b) is the appropriate response.
What exactly is CAPM stand for?The capital asset pricing model (CAPM), which generates anticipated returns on capital investments, is an idealized description of how securities are valued in financial markets. Through risk assessment and estimation, the model provides a mechanism for determining expected return on equity.
E(R₁) = Rf + β(E(Rм) - Rf),
Where
E(R₁)= capital asset expected return
Rf = Risk - free of interest
β = sensitivity
E(Rм) = Expected return of the market
Given information
E(R₁) = 12%
Rf = 7%
β = 1.3
E(Rм) = 15%
Now we need to calculate what will be the expected return according to the CAPM model.
E(R₁) = 7% + 1.3 ( 15% -7%)
E(R₁) = 17.4%
The security must be sold short since, according to the CAPM model, the expected return on the stock, 17.4%, is higher than the offered return on the stock, 12.0%.
Since the stock is expensive, option (b) is the appropriate response.
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7. Jannah is reviewing a report that a new marketing manager put together after assessing her small business. If Jannah wants to learn how familiar a custo
what section of the marketing report should she review?
To learn how familiar a customer is to the company, Jannah must look at the leads section of the marketing report.
What is a marketing report?It consists of a document through which an organization can visualize its performance over a period of time, through the analysis of data and information about the company's actions and strategies to achieve objectives and goals in the market.
Through qualitative and quantitative reports related to communication and sales, for example, the company is able to make more significant decisions about its strategy, with evaluations and corrections that will contribute to continuous improvement and positioning in the market.
So leads could be the section that Jannah would review to identify a potential customer, as this data significantly demonstrates an individual who engages with the company's business and can be turned into a customer.
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what are standard operating procedures? group of answer choices explanation of how tasks should be done federal model code for food service industry's generic guidelines for tasks employee manual received at the time of hire
Standard operating procedures means the indicate how things should be done to attain service goals.
Standard operating procedures.
Standard operating procedure defines the procedure specific to your operation that describes the activities necessary to complete tasks in accordance with industry regulations, provincial laws or even just your own standards for running your business.
Given,
Here we need to define the process of Standard operating procedures.
Standard operating procedures also known as SOPs explains what employees must know and do when they perform work, and they are used to implement standards.
SOP rules must review and update whenever necessary. Sometimes this involves the addressing a specific step and sometimes an entire task. We need corrective actions to enforce SOPs include informal coaching sessions, special conversations, or discussions during performance appraisal meetings.
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as a result of a tariff t imposed on speedboats, the price domestic consumers pay for speedboats probably will likely be:
As a end result of a tariff T imposed on speedboats, the fee that overseas suppliers will receive probably will be: P1. P3.
How do I discover out my tariff revenue?Tariff revenue alternate on a given import flow is computed surely as the closing ad-valorem tariff improved by means of the final import cost minus the preliminary ad-valorem tariff extended by way of the initial import value.
Why are tariffs imposed on goods?Tariffs have three primary functions: to serve as a source of revenue, to protect home industries, and to remedy change distortions (punitive function). The income feature comes from the fact that the profits from tariffs affords governments with a supply of funding.
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In computing the present value of the lease payments, the lessee should Entry field with incorrect answer use its incremental borrowing rate in all cases. Use the implicit rate in all cases. Use the implicit rate of the lessor, assuming that the implicit rate is known to the lessee. Use both its incremental borrowing rate and the implicit rate of the lessor, assuming that the implicit rate is known to the lessee
The lessee should use either its incremental borrowing rate or implicit rate of lessor, whichever is lower, assuming that implicit rate is known to the lessee.
What is incremental borrowing rate?The incremental borrowing rate is defined as " rate of interest that a lessee would have to pay to borrow on collateralized basis for similar term an amount equivalent to the lease payments in similar economic situation" in ASC 842, one of the new lease accounting standards. According to ASC 842, lessees should use the implicit rate in a lease to assess the obligation for a lease by estimating the present value of future lease payments. A business must utilize the "incremental borrowing rate" if it is unable to ascertain the implicit rate in a lease. Knowing how to determine the incremental borrowing rate is crucial since it frequently happens that the implicit rate is unavailable.
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a company sells a product which has a unit sales price of $6, unit variable cost of $4 and total fixed costs of $140,000. the number of units the company must sell to break even is question 4 options: 480,000 units. 48,000 units. 80,000 units. 120,000 units
The point at which net income equals zero or contribution margin equals total fixed cost is referred to as the breakeven point, which can be expressed in terms of sales value or units sold.
Answer: a. 120,000 units.
What is the term "breakeven point"?
The point at which there are no losses or gains for your small business is known as the break-even point. This point is reached when total costs and revenue are equal.To put it another way, you have reached the point where a product's revenues and costs of production are equal.
What is the formula for the breakeven point?
Use the following formula to determine the break-even point in units: Break-Even point (in units) = Fixed Costs / (Sales price per unit - Variable costs per unit) or the following formula in sales dollars: Fixed Costs minus Contribution Margin is the break-even point in dollars for sales.
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a buyer with a $750,000 loan has a monthly principal and interest payment of $4,376.80. if $3,593.75 is interest, what is the new principal balance after the first payment is applied?
The new principal balance after the first payment is applied is $3,593,750 from given equation.
What does a business interest actually mean?Interest is the fee a business pays a lendor (creditor) for a loan. Although there are many alternative options, interest payments are normally made on a monthly basis and based on the amount of the loan still owed. Interest is frequently calculated as a percentage of the loan total at a predetermined interest rate.
Why is arousal important in the corporate world?Interest is one of several crucial functions in a market economy. The most obvious example of this coordination between savers and borrowers is when borrowers are required to pay interest in order to borrow more money in order to increase their current consumption.
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quantitative problem: you need $13,000 to purchase a used car. your wealthy uncle is willing to lend you the money as an amortized loan. he would like you to make annual payments for 6 years, with the first payment to be made one year from today. he requires a 7% annual return. what will be your annual loan payments? do not round intermediate calculations. round your answer to the nearest cent.
The formula for computing the annual loan payments is provided and explained below:
PMT=P(r/n)/1-(1+r/n)^(-nt)
P=loan amount=$13,000
r=interest rate=7%
n=number of payments in a year=1
t= duration of loan= 6 years
PMT= 13,000*(7%/1)/(1-(1+7%/1)^(-1*6)
PMT=13000*0.07/(1-(1.07)^-6
PMT=$2727.35
A loan is whilst cash given to every other party in change for compensation of the mortgage's main quantity plus hobby. creditors will not forget a prospective borrower's earnings, credit score, and debt ranges earlier than identifying to provide them with a mortgage.
A secured mortgage makes use of an asset you very own as collateral; the lender can take the asset in case you do not pay off the mortgage. An unsecured mortgage calls for no collateral. They commonly have higher hobby prices than secured loans due to the fact they may be riskier for creditors.
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