Which of the below is calculated using the following equation? Fixed costs / Contribution per unit
A. Breakeven point
B. Margin of safety
C. Net profit ratio
D. Total contribution
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Which TWO of the following costs are relevant in a decision making process?
A. Sunk costs
B. Opportunity costs
Committed costs
D. Avoidable costs
Shelby invests $35,000 in a bank account for six years. Interest is paid at a rate of 7% compound interest per year.How much will Shelby have in the bank at the end of the six years?
A. $37,450.00
B. $52,525.56
C. $49,700
D. $17,525.56
An investment is made for one year at a return of 17%. The total amount of cash returned at the end of the year is $3,393.Calculate the amount of interest earned.
A. $576.81
B. $493.00
C. $2,816.19
D. $2,900.000
Which TWO of the following are advantages of using the Internal Rate of Return (IRR) to appraise capital investment projects?
A. IRR considers the time value of money
B. IRR uses profits rather than cashflows
C. IRR is easy for non-financial managers to compare against target percentages
D. IRR considers the relative sizes of projects