Use the Present Value Table to Complete

question 84

Short Answer

Use the present value table to complete:
$\begin{array}{|l|l|l|l|l|l|l|}\hline \begin{array}{l}\text { Future } \\\text { Amount }\end{array} & \text { Length of } & \text { Rate } & \text { Table } & \text { Rate } & \text { P.V. } & \text { P.V. } \\\text { Desired } & \text { Time } & \text { Compounded } & \text { Periods } & \text { Used } & \text { Factor } & \text { Amount } \\\hline \$ 12,000 & 12 \text { yrs } & \begin{array}{l}12 \% \\\text { Semiannually }\end{array} & \text { A } & \text { B } & \text { C } & \text { D } \\\hline\end{array}$

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Definitions:

Contribution Margin Ratio

The proportion of sales revenue that exceeds variable costs, represented as a percentage.

Fixed Monthly Expenses

Costs that do not vary from month to month, such as rent, insurance, and salaries.

Unit Variable Cost

The cost associated with producing an additional unit of product, which includes materials, labor, and any other expenses that increase with each unit produced.

Monthly Sales

The total revenue generated from sales of goods or services within a month.