Answer:
Timeshare properties
Explanation:
Numerous individuals or families own a timeshare property. Each owner is allocated a specified duration of time to stay in the property. Timeshare properties are common in the tourism sector and are located near popular vacation destinations.
The most common forms of timeshare properties are vacation resorts, condominiums, apartments, and campgrounds.
Answer: A. $365,896
Explanation:
The Contribution margin per unit is the Sales less the variable costs.
At the breakeven point, contribution margin should equal fixed assets.
Contribution margin
= 13.10 * 18,311
= $239,874.10
Contribution Margin - Fixed Assets
= 239,874.10 - 148,400
= $91,474.10
As there should be no profits, the $91,474.10 will be a cost as well which in this case is the depreciation per year.
As the fixed assets are depreciated over 4 years, the accumulated depreciation will be the costs;
= 91,474.10 * 4
= $365,896.40
=$365,896
Answer:
0.0515 or 5.15%
Explanation:
Given that
Monthly saving (C) = $20
Time (n) = 17 years × 12 months = 204 months
Future value (F) = $6,528.91
Using Future value if annuity due formula:
F = C × (1+r) × [{(1+r) ^n - 1 } ÷ r ]
$6,528.91 = $20 × (1+r) ×[{(1+r) ^204 - 1 } ÷ r ]
After solving this, the r value is
= 0.004288
Now
The annual rate of return is
= 0.004288 × 12 months
= 0.0515 or 5.15%
We simply applied the above formula to get the rate of return
Answer:
The correct option is B,7.70%
Explanation:
Annual coupon interest rate=coupon payment/face value
the coupon payment is the semi-annual interest payment*2
the semi-annual interest payment can be computed using the pmt formula in excel:
=pmt(rate,nper,-pv,fv)
rate is the semi-annual yield to maturity which is 9.25%/2=4.625%
nper is the number of semi-annual interest payable by the bond which is 25*2=50
pv is the current price of the bond which is $850
fv is the face value of the bond at $1000
=pmt(4.625%,50,-850,1000)
pmt=$38.50
annual interest =$38.50*2=$77.00
Annual coupon interest=$77/$1000=7.7%
Answer:
d)The opportunity cost of 1 lb. of coffee is 4 lbs. of bananas for Oscar.
Explanation:
a)The opportunity cost of 1 lb. of bananas is 4 lbs. of coffee for Oscar.
In order to produce 64 pounds of banana, Oscar has to give up producing 16 pounds of coffee, his opportunity cost is:
The statement is false.
b)Oscar has absolute advantage in the production of coffee.
Julia has a higher production capacity for coffee (20 pounds to 16 pounds) and therefore has the absolute advantage.
The statement is false.
c)Julia has comparative advantage in the production of bananas.
Julia has a higher opportunity cost for producing a pound of bananas (0.5 pounds of coffee to 0.25 pounds of coffee) and therefore does not have the comparative advantage.
The statement is false.
d)The opportunity cost of 1 lb. of coffee is 4 lbs. of bananas for Oscar.
In order to produce 16 pounds of coffee, Oscar has to give up producing 64 pounds of banana, his opportunity cost is:
The statement is true.
