First calculate the amount financed
Amount financed=725−50=675
The formula is
I=(2yc)/(m (n+1))
Solve for c to get
C=(I×m×(n+1))/2y
C=(0.14×675×(24+1))÷(2×12)=98.44
Total of payments=675+98.44=773.44
Monthly payment is
773.44÷24=32.23
Hope it helps!
Based on the information provided:
Gross income is $486,000
Fixed expenses: $300,000
Variable expenses: $150,000
To find the percentage of gross profit first figure out the difference between the gross income and expenses which is: $486,000 - $300,000 - $150,000 = $36,000 then divide the gross income by the profit 486,000/36,000 and the answer is 13.5%.
Answer:
48,939 patients
Explanation:
Breakeven quantity = fixed cost / price – variable cost per unit
$239,800 / ( $8.70 - $3.80) = 48,939 patients
Answer:
The uniform annual sales volume of the product for Nadine to be indifferent between the contracts is 7,772 units per year.
Explanation:
We have to compare the present-value of both plans to answer this question.
The Plan A has a present value of $30,000 as is an inmediate payment.
The Plan B has both an annual payment and a royalty, for a span of ten years.
The present value for Plan B is:
This can be simplified with a annuity factor for 10 years, with i=10%.
Then, the PV can be calculated as:
To be indifferent, both present values have to be equal:
The uniform annual sales volume of the product for Nadine to be indifferent between the contracts is 7,772 units per year.
Answer:
Mr. Crane must first draw the interests and abilities of the companions. Some of them might be logically very good and obsessive in some parts (film division, editing division, sound division, etc.) but they might be assign to some other division. This will enhance in their low level of satisfaction and motivation. This will also assist Mr. Crane in conveying the divisions as per comforts of the associate as possible.
Explanation:
Mr. Crane must achieve an unidentified Response Survey between staffs so that their disquiets and problems can be carried out. Some individuals might not give this response openly.
Mr. Crane must also look at some of the work structures which are very serious for employee’s job satisfaction:
- Operational time (Are Associates working long hours?)
- Pay and compensation (Are they paid less than market rates?)
- Training and learning opportunities
- Traditional and sport actions to keep staffs involved
- Inspiration from leaders
Mr. Crane must find out the points through above methods and effort to discourse them so that staffs feel pleased and motivated. He can also initiate Rewards & Recognition program to escalate good workers. This will also improve their motivation.
