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1 year ago

11

Over its first two years a new car loses at least 30% of its resale value. What will the average resale value of a new car costi

ng $22,000 be after two years?

1 answer:

Andreas93 [3]1 year ago

5 0

$15,400

Why:
Original cost is $22,000 and 30% of that is $6,600.
$22,000 - $6,600 = $15,400

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Boat's product manager continues to perform well in the market. However, a competing product is coming on strong and is looking

Neko [114]

Answer:

1286

Explanation:

Boat's product manager continues to perform well in the market. However, a competing product is coming on strong and is looking to take over as the market share leader in the segment. Without sacrificing contribution margin, what can the Boat product manager do in order to improve upon the buying criteria, and thus potentially increase demand?

Correct Answer:- Increase the promotion budget to gain greater awareness

Answer:- Boat is a product of the Baldwin company which is primarily in the Nano segment, but is also sold in another segment. Baldwin starts to create their sales forecast by assuming all policies (R&D, Marketing, and Production) for all competitors are equal this year over last. For this question assume that all 1128 of units of Boat are sold in the Nano segment. If the competitive environment remains unchanged what will be the Boat product’s demand next year (in 000’s)?

Correct Answer:- 1286

7 0

1 year ago

Northern purchased the entire business of Southern including all its assets and liabilities for $2,400,000 on December 31, 2021.

stich3 [128]

Answer:

$400,000

Explanation:

The computation of goodwill is shown below:-

Fair value of assets = $3,200,000

Fair value of liabilities = $1,200,000

Cash paid for southern = $2,400,000

Acquired Net assets = $2,000,000

Net assets acquired = Fair value of assets - Fair value of liabilities

= $3,200,000 - $1,200,000

= $2,000,000

Goodwill acquired = Cash paid for southern - Acquired Net assets

= $2,400,000 - $2,000,000

= $400,000

5 0

2 years ago

The future value of $200 received today and deposited at 8 percent compounded semiannually for three years is ________. $380 $15

Goryan [66]

The correct answer is $253

5 0

2 years ago

Read 2 more answers

A firm hires labor, capital, and land to produce grapefruits. currently the marginal product of the last unit of labor input is

umka21 [38]

Answer:

$100

Explanation:

the marginal product per dollar spent on labor = 40 units / $20 = 2 units per dollar

the marginal product per dollar spent on capital = 60 units / $30 = 2 units per dollar

the marginal product per dollar spent on land = 2 = 200 / $X

$X = 200 / 2 = 100 ⇒ the cost per unit of land is $100

The marginal product per dollar spent on a factor of production (labor, capital or land) is MP(factor)/P(factor). It measures how many additional units of output can be obtained by spending $1 more in a factor of production.

6 0

2 years ago

Suppose that end-of-term frustrations have produced this e-mail message to Professor Anne Brewer from a student who believes he

Aleks04 [339]

A student who have wrongly been graded is writing an e mail to his professor in order to reconsider his grade on the bsis of the fact thet he has appeared a question in the term exam using the optimal cost method and the professor have assured the students that he will be giving 6 points extra to the student who will ans the question on the basis of the optimal cost method

<u>Explanation:</u>

End-of-term frustrations have produced this e-mail message to Professor Anne Brewer from a student who believes he should have received a B in his accounting class. If this message were recast into three or four clear sentences, the teacher might be more receptive to the student’s argument.

The e-mail message to Prof Anne Brewer can be rewritten as

Sir

I think you have mistakenly awarded me C in the term examination conducted recently.As far as i can recall you mentioned in the class that the students who will answer question number three using the optimal cost method will get 6 extra marks .I think you have forgotten to consider the same while grading me.Therefore i request you to reconsider my grade on the above mentioned basis.

Regards

6 0

2 years ago