Which of these pieces of information would fit in a career plan’s career definition section? Check all that apply.

Answer:

6.43%

Explanation:

The insurance company will calculate the internal rate of return utilizing the method detailed below:

Cash flows      Year involved      Present [email protected]%  Present [email protected]%          

($100)                 1-20                      ($851)                            ($1,487.75)                      

$3,310                 20                        $492                             $1,832.67

                                                        ($359)                           $344.92

IRR=A%+ (a/a-b)*(B%-A%)

A%=10%  a= ($359) B%=3%  b=$344.92  

IRR=10%+(-$359/-$359-$344.92)*(3%-10%)

     =6.43%

Answer:

-4 units

Explanation:

Applying the midpoint method, Blake's income elasticity of demand for generic potato chips is determined by multiplying the change in demand (D) by his average income (I), then dividing by the product of the change in income and average demand:

Thus, Blake's income elasticity of demand equals -4 units.

La respuesta es techo

Answer and Explanation:

The calculation is detailed below:

1. Given that    

The break-even point is 115000 units  

Fixed cost = $349,600  

As we know that  

The Contribution Margin (CM) per unit is

=  Fixed cost  ÷  Break even units  

= $349,600  ÷ 115,000

= 3.04 per unit  

Next

Selling price = Variable cost  +CM per unit

= $4.56 + $3.04

= $7.60 per unit  

2. Given that

Net Income at 15600 units is $166,000  

Fixed cost = $458,000  

So,  

Contribution is

= $458,000 + $166,000

= $624,000  

Now

CM per unit is

= $624,000  ÷ 15,600

= 40 per unit  

The selling price per unit is: 120  

Thus,  

Variable cost per unit is

= $120 - 40

= 80 per unit  

And,

CM ratio is

= CM per unit ÷ Selling price per unit  

= $40 ÷ 120 × 100

= 33.33%  

3. Given that      

Net Operating income = $22,500    

CM ratio = 25%    

Actual revenue = $235,000  

Therefore,  

Contribution earned is

= $235,000 × 25%

= $58,750  

Now

Fixed cost = Contribution - Net income  

= $58,750 - $22,500

=$36,250  

4. Given that      

Variable cost ratio = 56%    

Fixed cost = $103,840    

Break even units= 23600 units

Thus,    

CM per unit is

= $103,840 ÷ 23,600

=$4.40  

CM ratio = 100 - 56% = 44%

And the selling price per unit is

=$4.40 ÷ 44%

=$10 per unit  

Now

Variable cost per unit is

=$10 × 56%

=$5.60 per unit  

And,

Contribution per unit is

= $10 × 44%

=$4.40 per unit

I perceive this method as unsustainable for two main reasons. Initially, from an agricultural standpoint, I believe it's imprudent to cultivate the same crop in a field for four consecutive years; crop rotation is preferable to prevent nutrient depletion from the soil. Secondly, from an economic viewpoint, it might be unwise as the farmer is putting everything at risk by assuming that wheat prices will remain high, whereas having a variety of crops could provide alternatives in case of a fall in wheat prices.