Question
Question 2) a) A manufacturer of video-game cartridges sells each cartridge for RM19.95. The manufacturing costs of each cartridge is RM14.95. Monthly fixed costs are
Question 2)
a) A manufacturer of video-game cartridges sells each cartridge for RM19.95. The manufacturing costs of each cartridge is RM14.95. Monthly fixed costs are RM8000. During the first month of sales of a new game, how many cartridges must be sold in order for the manufacturer to break-even?
'b) If $1000 is invested at an annual rate of interest of 10%, what is the amount after 5 years if the compounding takes place
(1) Semi-Anhually?
(2) Daily?
3) How much interest is earned in each case
Question 2)
a) A manufacturer of video-game cartridges sells each cartridge for RM19.95. The manufacturing costs of each cartridge is RM14.95. Monthly fixed costs are RM8000. During the first month of sales of a new game, how many cartridges must be sold in order for the manufacturer to break-even?
'b) If $1000 is invested at an annual rate of interest of 10%, what is the amount after 5 years if the compounding takes place
(1) Semi-Anhually?
(2) Daily?
3) How much interest is earned in each case
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Auditing And Financial Management Federal Information System Controls Audit Manual
Authors: U.S. Government Accountability Office
1st Edition
1289168172, 978-1289168179
