QRB501 QRB/501 DQs Week 1 - 19490

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1.The components of the following equation are: NI = Net Income, U = Unit, P = Price, VCu = Variable Cost per Unit, and FC = Fixed Cost.

When using the formula NI = [U * (P-VCu)] - FC, in which order must you complete the calculation? 

Why does the order of operations matter?  Please ensure that your post is a minimum  of 200 words and references the readings.   I look forward to reading your contributions.

2.What is an independent variable? What is a dependent variable?  What is the relationship between independent and dependent variables?  How do these two types of variables relate to the Cartesian Coordinate System?  What is the purpose of differentiating these terms?   Please ensure that response is a minimum of 200 words and references the readings.  I look forward to reading your responses.

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2.What is an independent variable? What is a dependent variable?  What is the relationship between independent and dependent variables?  How do these two types of variables relate to the Cartesian Coordinate System?  What is the purpose of differentiating these

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