If service level is 95%, then it is 0.95.
Z value can be found using MS Excel's NORMSINV function.
NORMSINV = Z (Service level)
NORMSINV = Z (0.95)
Z = 1.64
A safety stock is an extra quantity of a product kept in the inventory to lower the possibility that it will run out. It serves as a buffer stock in the event that sales are higher than anticipated or the supplier is unable to supply the extra units on time.In order to calculate safety stock,
Safety stock = Z x Standard deviation.
Safety stock = 1.64 x 25.
Safety stock = 41.
Complete Question: A specific product has demand during lead time of 100 units, with a standard deviation of 25 units. What safety stock (approximately) provides a 95% service level? A) 41 B) 55 C) 133 D) 140 E) 165
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According to the principle of transition dynamics, which economy will grow fastest?
In the same country, 1 year after the natural disaster destroyed most of the capital stock
The principle of transition dynamics says that an economy that is farther below its steady state will grow faster. The destruction of the capital stock places the economy further below its steady state 1 year after the destruction took place.
Market dynamics are forces with the purpose of effect expenses and the behaviors of manufacturers and purchasers. In a market, those forces create pricing alerts that result from the fluctuation of supply and demand for a given service or product. marketplace dynamics can impact any industry or government policy.
Dynamics is defined as the branch of mechanics that deals with the impact of door forces on something. An example of dynamics is how the moon affects ocean waves. An example of dynamics is the impact of individual relationships on a set of pals.
Dynamics is the examination of the movement of items (i.e. kinematics) and the forces answerable for that motion. It is a department of classical mechanics, regarding the whole Newton's legal guidelines of movement.
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What is planning? Choose the answer.
O illustrating the hierarchy and work teams within a company
ability to make short- and long-term company direction and goals
allows management to set standards, control costs, and manage change
guiding employees towards achieving company goals
Answer:
Ability to make short- and long-term company direction and goals
Explanation:
planning involves setting goals and how to achieve them in the best way possible.
What is the connection between incentives and consumer sovereignty in a free market economy?.
The connection between incentives and consumer sovereignty in a free market economy is that consumers will have the control over the production.
What is the connection between incentives and consumer sovereignty in a free market economy?
The major connection between the incentives and the consumer sovereignty is that consumers will have the power to decide what to buy according to the incentives.
This purchasing power of the consumers is called as consumer sovereignty. They don't face the interference from the government.
Variety of goods are offered in free markets as producers own incentives to meet the demands of consumers.
Consumers enjoy the freedom to control what gets produced.
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Information is the ______ of data while knowledge is information that has been given ______.
Information is the interpretation of data while knowledge is information that has been given meaning.
Information is an amorphous concept that refers to anything with the ability to inform. At its most basic, information refers to the interpretation of what can be sensed. Any non-random natural process and any observable pattern in any medium can be said to convey some amount of information. Whereas digital signals and other data use discrete signs to convey information, analog signals, poems, pictures, music or other sounds, and currents use a more continuous form of communication.
Information is the meaning that can be derived from a representation through interpretation, not knowledge itself. Iterative processing of information is common: data available at one step is transformed into information to be interpreted and processed at the next step.
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Paolo can walk three dogs or mow two lawns in two hours. ashanti can walk six dogs or mow three lawns in two hours. ashanti's opportunity cost for each additional dog walked is?
Paolo can walk three dogs or mow two lawns in two hours. ashanti can walk six dogs or mow three lawns in two hours. ashanti's opportunity cost for each additional dog walked is 0.5
Opportunity costs are the potential capital gains that a person, investor, or company forgoes by selecting one option over another. Opportunity costs are by nature capital invisible, thus it is simple to overlook them. Better choices can be made when a firm or individual is aware of the opportunities that might be lost by selecting one capital investment over another. To make up for the investment risk, a company must incur costs when issuing debt and equity capital, but each has an opportunity cost as well. opportunity cost is the actual difference between the expected capital returns of each option.
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when an estimator is precise, it is guaranteed that it will produced estimates that are centered on the true population parameter. true false
A reliable estimator will undoubtedly produce estimates that are centered on the genuine population parameter. The claim made is True.
A statistic used to estimate an unknown parameter is called an estimator. A function of the data in a sample is an estimator. The sample mean and sample variance are common estimators that are used to calculate the unknown population mean and variance. Point and interval estimators are the two different categories of estimators. When compared to an interval estimator, a point estimator produces a single value. A confidence interval and a maximum probability estimate are two terms that are frequently used in A/B testing.
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several years ago, the wall street journal reported that the winner of the massachusetts state lottery prize had the misfortune of being both bankrupt and in prison for fraud. the balance of the prize was $9,420,713, to be paid in 19 equal annual installments (there were 20 installments, but the winner had already received the first payment). the bankruptcy court judge ruled that the prize should be sold off to the highest bidder and the proceeds were to be paid to the creditors
The price to be paid for this prize is $4, 761,723.78.
The total amount to be distributed is $9,420,713 in 19 equal annual installments.
The equal annual installment will be $495,827 ($9, 420, 713 / 19).
Calculate the PV of this annuity as follows:
PV = Annual payment x 1-(1 +interest rate / interest rate)[tex]^{-n}[/tex]
= $495, 827 x (1-(1+8%) -19 / 8%)
= $4, 761, 723.78
Therefore, the price to be paid for this prize is $4, 761,723.78.
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out of 218 million persons aged 16 and older, 138 million had paying jobs, 9 million did not jobs but were actively seeking employment, and 3 million wanted to work but had given up looking for employment. the unemployment rate is:
Out of 218 million persons aged 16 and older, 138 million had paying jobs, 9 million did not jobs but were actively seeking employment, and 3 million wanted to work but had given up looking for employment.
The unemployment rate is 6.1%.
What is meant by the term Unemployment rate?
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed.
Basically, unemployment rate is divided into various types and these include; cyclical unemployment rate (CU), frictional unemployment rate (FU), structural unemployment rate (SU), Actual unemployment rate (AU) and Natural Rate of Unemployment (NU).
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How is an fbo affected by the operation of those parts of the airport not covered in its lease?
Fixed base operator is the organization gets a right from airport to provide various services related to aeronautical services to the flights such as fueling, hangaring, tie-down and parking, aircraft rental, aircraft maintenance, flight instruction, and similar services etc. Sometimes, this operation may need to perform some additional activities which are not part of their regular contracts or assignments.
For these, the FBO operator charges a rate from the service receiver, based on the kind of service, they will charge a price. Occassionally these kind of services may require by air service providers, and this FBO will offer whatever the kind of service they require but charge additionally.
The term “FBO” refers to a Fixed Base Operator. This is an airport business which handles private aviation (non-commercial), aircraft passengers and services. Usually, it is a stand-alone terminal at an airport like you will find at Luxivair SBD.
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Among the many ways that the railroads contributed to economic development, the most important for the rise of big business was the ______.
Among the many ways that the railroads contributed to economic development, the most important for the rise of big business was the: creation of new management methods that were adopted by other industries.
What is economic development?Economic development can be defined as the what led to growth of the economy of a country or a nation.
Construction of railroads has contributed massively to the economic development based on the fact it led to creation of new management methods that were adopted by other industries.
Therefore Among the many ways that the railroads contributed to economic development, the most important for the rise of big business was the: creation of new management methods that were adopted by other industries.
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which of the following best describes a deliverable? a tangible or intangible output or outcome that is a unique product, service, or result but does not require production a tangible or intangible output that is any unique product, service, or capability to perform a service that is required to be produced to complete a process, phase, or project an outcome towards which work is directed none of the above
The statement best describes a deliverable is a service that is required to be produced to complete a process, phase, or project. Thus the correct option is C.
What is deliverable?A technique that utilizes to get results is called a process deliverable, and it includes things like scheduling, documentation, sharing of information, resources, funding, and software.
A conclusion or project objective known as a deliverable can be given to both internal and external clients. It's the final outcome that may be measured in a project plan.
Therefore, option C is appropriate.
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the curve for a product illustrates the relationship between the price of a product and the quantity businesses will produce.
The curve for a product shows how the price of a product and the amount that firms will produce are related. supplying curve
A supply curve is what?
The relationship between the price of an item or service and the volume supplied over a specific time period is represented graphically by the supply curve. The price will typically be shown on the left vertical axis of an example, and the quantity given will be shown on the horizontal axis.
A supply curve's entire slope can be shifted right or left by changes in manufacturing costs and related variables. This results in the supply of a higher or lower quantity at a specific price. The ceteris paribus premise states that supply curves link prices and quantities delivered under the premise that nothing else changes.
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The crucial role small business plays in the u.s. economy is demonstrated by the fact that small business is responsible for half of the gross domestic product (gdp) and roughly half of?
The crucial role small business plays in the u.s. economy is demonstrated by the fact that small business is responsible for half of the gross domestic product (gdp) and roughly half of all U.S. employees in the workforce .
What is gross domestic product ?The gross domestic product (GDP) is the sum of the market values of all completed products and services produced within a nation's boundaries during a specific time period. Because it encompasses the whole domestic production, it acts as a comprehensive scorecard of a nation's economic health.
Although it may also be computed on a quarterly basis, GDP estimates are often made on a yearly basis. For instance, the government of the United States releases estimates of annualized GDP for each fiscal quarter as well as the whole year.
The data in this report has been adjusted for price changes and is thus net of inflation since it is reported in actual terms.
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Bond+has+a+coupon+rate+of+8%,+a+maturity+of+10+years,+a+face+value+of+$1,000,+and+makes+semiannual+payments.+if+the+price+is+$934.96,+what+is+the+annual+nominal+yield+to+maturity+on+the+bond?
We can use the following formula to compute the price of a bond with face value F, periodic coupon C, number of coupon payments T, and periodic discount rate y:
C (1− (1+y) −T) /y + F / (1+y)T
The yield to maturity is the discount rate that equates the present value of the bond to its current price. In this question, the par value is 1000, semiannual coupon payment = 1000 * 8% / 2 = 40. The bond matures in 10 years, and thus has 20 coupon payments left. Applying the formula, the yield to maturity is the solution to the following equation:
40(1− (1+y/2) −20) /y/2 +1000 / (1+y/2)20 = 934.96
which yields: y = 9%
That is, the yield to maturity is 9%.
What Are Bonds?
Bonds are funding securities in which an investor lends cash to a corporation or a government for a fixed time frame, in change for ordinary hobby bills. As soon as the bond reaches maturity, the bond company returns the investor's money.
How Do Bonds paintings?
Bonds are a type of security offered via governments and companies, as a way of elevating cash from traders. From the vendor's perspective, promoting bonds is consequently a manner of borrowing money. From the client's angle, buying bonds is a form of investment as it entitles the purchaser to guaranteed repayment of major as well as a circulation of interest payments. A few varieties of bonds also provide other benefits, including the ability to transform the bond into shares in the issuing company's stock.
The bond market tends to move inversely with interest charges due to the fact bonds will trade at a reduction while interest quotes are rising and at a top class while interest quotes are falling.
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The ________ is a budget based on multiple levels of projected sales or production.
a. static budget
b. standard budget
c. fixed budget
d. flexible budget
A flexible budget is a budget based on multiple levels of projected sales or production.
Production is the process of combining various material inputs and immaterial inputs in order to make something for consumption. It is the act of creating output, a good or service that has value and contributes to the utility of individuals. Production is the process of producing goods and services to satisfy human wants. The product is the result of the process. The four factors of production are land, capital, labor, and organization.
Production is the process of making, harvesting, or creating something or the amount of something that was made or harvested. An example of production is the creation of furniture. An example of production is harvesting corn to eat. An example of production is the amount of corn produced. Production is one of the most important processes within manufacturing and is a core part of what it means to be a manufacturer.
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from southeast asia, tai ltd. exports genuine trademarked goods to the united states. tai also makes labels bearing another firm’s trademark, ships the labels to another location, and then affixes them to an inferior product. tai sells these goods to retailers who are unaware that the marks are counterfeit. it is a crime to
From southeast Asia, ltd. exports genuine trademarked goods to the united states. Tai also makes labels bearing another firm’s trademark, ships the labels to another location, and then affixes them to an inferior product. Tai sells these goods to retailers who are unaware that the marks are counterfeit. it is a crime to traffic in counterfeit labels, stickers, and packaging.
East Asia is the eastern region of Asia, which is defined in both geographical and ethnocultural terms. The modern states of East Asia include China, Japan, Mongolia, North Korea, South Korea, and Taiwan.
Southeast Asia, also spelled South East Asia and South-East Asia, and also known as Southeastern Asia, south-eastern Asia, or SEA, is the geographical south-eastern region of Asia, consisting of the regions that are situated south of Mainland China, east of the Indian subcontinent, and north of Australia.
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Last summer, the price of gasoline increased by 20 percent and the quantity demanded of gasoline decreased by 5 percent. this indicates that the demand gasoline is?
Last summer, the price of gasoline increased by 20 percent and the quantity demanded of gasoline decreased by 5 percent. this indicates that the demand gasoline is inelastic demand.
What is Inelastic demand?
Economists refer to this condition as "inelastic demand," when demand for a good or service remains constant regardless of how much its price increases or decreases. When the quantity desired significantly changes in response to a price adjustment, a good or service is said to have elastic demand. When the amount desired changes little when the price changes, a good or service has inelastic demand. This is often referred to as "amount inelastic demand."
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what elements of the national business environment might influence your decision on where to move production?
The elements of a nation's national business environment that influences the decision on where to move production include:
Taxation policies Profit repatriation policies Foreign ownership restrictions What should affect the decision to move production to another country?One should look at the taxation policies in the nation to see how much taxes would need to be paid and if this is conducive.
Profit repatriation policies should also be looked at to ensure that a company can easily take out profits from the nation. Another important element are any foreign ownership restrictions on certain businesses to ensure that you are allowed to do business in that sector.
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Investment goods, as defined by economists, include? textbooks. unemployment benefits. factories. leather jackets.
The investment goods as defined by economists include option (c) factories.
Investment goods or Capital goods are physical assets that a company uses in the manufacturing process to create products and services that consumers will use in the future. Buildings, machinery, equipment, vehicles, and tools are examples of capital goods. Investment goods are not finished goods; rather, they are used in the production of finished goods.
Investment goods, such as machinery and manufacturing equipment, are not always fixed assets. The industrial electronics industry manufactures a wide range of capital goods. Small wire harness assemblies to air-purifying respirators and high-resolution digital imaging systems are examples. Investment goods are also manufactured for service industries. Among the many types of capital goods purchased by service providers are hair clippers used by hairstylists, paint brushes used by painters, and musical instruments used by musicians.
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1. Becky is feeling extremely overwhelmed and stressed with her current workload.
One way that Becky can resolve the conflict of feeling overwhelmed and stressed with her current workload is to manage her time better and schedule activities at conducive times.
What should be done when overwhelmed with work?When a person is overwhelmed with work and with the current workload they are subjected to, it most likely means that they are doing too many tasks at the same time.
In order to reduce this stress therefore, there is a need to manage one's time better. Becky should consider rescheduling her activities such that she can have time to get them done without much stress. She should start with the priority workload and then move onto the ones of less importance or with a further deadline.
Question is:
Come up with skills to resolve the conflict described.
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Bargaining power of customers is likely to be the highest for markets involving ________. group of answer choices
The bargaining power of customers is likely to be the highest for markets involving industrial products.
The client is charged touchy and nicely-knowledgeable about the product, then purchaser electricity is high. Then if the consumer purchases large volumes of standardized merchandise from the vendor, consumer bargaining power is excessive. If replacement merchandise is to be had in the marketplace, consumer energy is high. As a patron, you are sure to pick out the provider that gets you an inexpensive price, better first-rate, and more facilities.
The bargaining electricity of providers is high if the customer no longer represents a massive portion of the provider's income. If substitute merchandise is unavailable within the market, then provider strength is excessive. the pressure that clients and customers can put on organizations to get them to offer better fine merchandise higher customer support, and/or decreased fees. consumers are high in numbers which means there's an excessive call for products and services
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consider the maximum amount of a product that sellers are willing and able to provide for sale over a relevant range of prices, holding all other factors constant. economists call this sales volume. maximal output. supply. profit maximization. when the market price of a good increases, the amount that sellers are willing to offer for sale increases. economists call this the maximal quantity curve. the law of supply. the price-quantity principle.
The maximum amount of a product that sellers are willing and able to provide for sale over a relevant range of prices, holding all other factors constant is called supply.
The quantity supplied is the quantity of a great or provider this is made available for sale at a given rate factor. In an unfastened market, better charges generally tend to result in a higher amount furnished and vice versa. the quantity furnished differs from the whole delivery and is normally touchy to a fee.
Quantity supplied is the quantity of a commodity that manufacturers are inclined to sell at a specific rate at a particular factor of time. The regulation of demand states that different factors regular price and quantity call for of any precise and provider are inversely associated with each other. whilst the fee of a product increases, the call for the identical product will fall.
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sarah has a limited weekly income of $50, and she spends it all on snacks and movies. assume the price of snacks is $5 per unit, the price of a movie ticket is $10, and sarah is a utility-maximizing consumer. (a) would sarah be able to consume 3 snacks and 5 movies? explain using numbers. (b) how many snacks and movies will sarah consume to maximize her utility? explain using marginal analysis. (c) calculate the total utility sarah will receive from consuming the utility-maximizing combination of snacks and movies indicated in your answer in part (a). show your work. (d) suppose sarah’s income increases to $60. (i) what will happen to the marginal utility per dollar spent on movies? (ii) will sarah be better off buying two more snacks or one more movie ticket? explain using numbers.
(A) Sarah couldn't watch five movies and three snacks at once.
(b) Sarah will make the most of her abilities.
(c) Sarah will be compensated with 174 utils in total.
(d(i)) The marginal utility for every dollar spent on movies will decrease from 1.50 utils to 1.00 utils.
(e) Sarah will not benefit from purchasing one additional movie ticket or two additional snacks.
What is marginal utility?Utility is the term used in economics to describe the benefit or enjoyment derived from using a good. The MU of a good or service measures how satisfied or how much more they enjoy using it after using it more or less by one unit. There are three types of marginal utility. They either have a positive, negative, or zero marginal utility. Economics postulates a law of diminishing marginal utility in the context of cardinal utility, which explains how the first unit of consumption of a specific commodity or service gives more utility than the second and following units, with a continual drop for increasing amounts. Decreasing marginal utility is the term used to describe the decrease in marginal utility as consumption rises. This idea is used by economists to calculate the quantity of a commodity or service that a consumer is willing to pay for.
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the demand for nike shoes is than the demand for shoes in general. a. less elastic b. more inelastic c. less inelastic d. more elastic
The demand for Nike basketball shoes is more price elastic than the demand for basketball shoes as a whole. This is best explained by the fact that there are more substitutes for Nike basketball shoes than for basketball shoes as a whole.
What is Elasticity?
A change in buyers' and sellers' behavior in reaction to a change in the price of a good or service is referred to as elastic behavior in economics. In other words, the degree to which demand for a thing or service changes as its price rises or falls, is what is known as its demand elasticity or inelasticity. The demand for that commodity or service is promptly adjusted by both vendors and customers.
Elasticity is a crucial economic measure because it shows how much of a good or service consumers will purchase when the price rises or falls, which is especially essential for businesses selling goods or services. Elastic goods and services are either unnecessary or easy to replace by substitutes.
Disclaimer- The complete question is-
The demand for Nike basketball shoes is more price elastic than the demand for basketball shoes as a whole. This is best explained by the fact that
(a) Nike basketball shoes are a luxury good, not a necessity
(b) Nike basketball shoes are the best made and widely advertised
(c) there are more complements for Nike basketball shoes than for basketball shoes as a whole
(d) there are more substitutes for Nike basketball shoes than for basketball shoes as a whole.
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Raymond co. has $1.1 million of debt, $1.5 million of preferred stock, and $2.1 million of common equity. what would be its weight on debt?
a) 0.23
b) 0.32
c) 0.29
d) 0.35
In addition to $2.1 million in common equity, Raymond Company owns $1.1 million in debt and $1.5 million in preferred stock. It will have a 0.32 weight on the debt.
Given data:
Amount of debt = $1.1 million
Amount of preferred stock = $1.5 million
Amount of common equity = $2.1 million
A sort of investment known as a financial fund gathers money from numerous investors. The funds are then invested in a range of stock and bonds by fund managers. A percentage of the holdings in the fund are divided among each investor in the form of units.
The total value of the company's finance funds :
(Amount of debt + Amount of Preferred stock + Amount of common equity)
(1.1 million + 1.5 million + 2.1 million)
= $4.7 million
Hence, weight on preferred stock:
Amount of preferred stock / total value of company's finance
$1.5 million / $4.7 million
= 0.319
Hence, the weight of Preferred stock = 0.32
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a board of directors is looking for ways to invest their foundation’s assets so the directors can use interest revenues to increase philanthropic opportunities. the directors could consider registering with the internal revenue service as a .
A board of directors is looking for ways to invest their foundation’s assets so the directors can use interest revenues to increase philanthropic opportunities. the directors could consider registering with the internal revenue service as a director.
What is philanthropy funding?
Foundation gifts to charitable organizations are another common example of philanthropy. Philanthropy refers to the gift made by an individual or group to other organizations that, in turn, try to address the root causes of poverty or other social issues, thereby enhancing everyone's quality of life.
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In the field of communication, categories that people develop to help them organize information are known as what?
When people in the field of communication come up with categories to help them organize information, this is called Constructs.
What are information constructs?Information constructs refer to the organization of information into various categories that often have to do with the share characteristics of a given data.
Constructs are established by people in order to better sought through information to be able to find patterns and make conclusions based on these patterns.
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The recent recessions in the us have been referred to as jobless recoveries. what factors allow for, or contribute to, a jobless recovery?
jobless is due to many reasons attributed to both the demand side of the company and the supply side of employees. The call for Facet discounts may be due to rising hobby prices, the global recession, or the financial crisis. On the supply side, frictional unemployment and structural employment play a major role.
jobless people may be lost at any given time of the year. It happens when productivity is low and too many employees occupy too few positions. It can talk to any segment of the population that isn't fully committed.
Individuals who are jobless , actively looking for work, and are able to accept the above jobs. A country's official unemployment rate is the ratio of unemployed to the workforce (employed plus unemployed).
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you own a small manufacturing business that produces widgets. you have spent $100,000 acquiring the fixed assets you need to produce widgets. each widget costs you $4 to make and they sell for $22 each, so your variable cost is 18.2% of the overall revenue. at your current level of operating leverage, how many widgets must you sell to break even?
The number of widgets that must be sold to break even is 5,556
What is break even number of widgets?
The break even number of widgets is the number of widgets that manufacturing business needs to sell in order zero profit, it is determined as fixed costs divided by the contribution margin
break even units=fixed costs/(selling price-variable cost)
fixed costs=cost of fixed assets=$100,000
selling price widget=$22
variable cost=$4
break even units=$100,000/($22-$4)
breakeven units=$100,000/$18
break even units=5556( to the nearest whole number of widgets)
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megan needs to make some house repairs in three years that will cost $9,000. she has some money in an account earning 9% annual interest. how much money needs to be in the account today so she will have enough to pay for the repairs? $5,978 $6,351 $6,950 $6,417 $6,376 unfortunately, megan doesn't have enough money in her account right now. she needs to make additional contributions at the end of each of the next three years to be able to pay for the repairs. her account currently has $5,000, which, along with her additional contributions, is expected to continue earning 9% annual interest. if she makes equal contributions each year, how large must each contribution be for megan to have $9,000 after three years? $1,203
Megan will have $1203 in his bank account. Because her money which was in her bank account was earning a interest of 9 % per annum .
How do interest rates work?An interest rate is the sum that a lender charges a borrower for any type of debt that is granted, and it is typically stated as a percentage of the principal. The borrowed asset may be cash, a sizable item like a car or a house, or simply consumer products. The interest rate is frequently referred to as the "lease rate" when applied to larger assets.
The interest rate that is applied throughout a year is referred to as the annual interest rate. Interest rates may be imposed monthly, quarterly, or biannually, among other time frames. However, interest rates are typically annualised.
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