Fiscal sales plan is $450,000,000 Fiscal GM% plan = 45% Goal is to increase GM $ by 4 million To still achieve the same dollar sales plan, calculate the new GM % you need to achieve to obtain the new GM $ plan To achieve the original GM% plan and the new GM$ plan, calculate the new sales $ plan: . Round % 1 place to the right of the decimal and include a % sign. Round GM $ to the nearest whole number (no cents), utilize comma's every 3 digits and include a $ sign

Fiscal sales plan is $450,000,000 Fiscal GM% plan = 45% Goal is to increase GM $ by 4 million To still achieve the same dollar sales plan, calculate the new GM % you need to achieve to obtain the new GM $ plan To achieve the original GM% plan and the new GM$ plan, calculate the new sales $ plan: . Round % 1 place to the right of the decimal and include a % sign. Round GM $ to the nearest whole number (no cents), utilize comma's every 3 digits and include a $ sign

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter27: Investment, The Capital Market, And The Wealth Of Nations

Section: Chapter Questions

Problem 14CQ

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The PH debt as of today amounts to 12 trillion. This balloons with an interest rate of 0.16% yearly. Suppose thegovernment requires every earning individual to pay the debt by 2030, how much each of us would need to paymonthly (annual payment amortized in 12 equal payments), assuming that inflation is 3%, the interest rate is 5.6%compounded daily, and we will start the payment by the end of 2022? The Philippines is estimated to have 110million people, with the work force of around 20%. please provide complete solution, formula and explanation. thank you
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