Answer:
Alima will pay 40 dollars in management of her fund.
Explanation:
A basis point is equivalent of 1/100th of 1%
an expense ratio of 8 baiss point will be equivalent to 0.08%
0.08/100 = 0.0008
The managenement will get this as expense ratio while invesotr will see their investment yield decreases for this amount.
On a yearly basis Alima will pay $50,000 x 0.0008 = 40 dollars
Answer:
The elasticity of Diet Pepsi rose, and its ability to raise revenues through price increases fell.
Explanation:
When a good has very close substitutes, like Diet Pepsi does with respect to Diet Coke, said good has a elastic price elasticity of demand, because the quantity demanded of it falls proportionally more than an increase in price since consumers turn to the substitute good when said good becomes more expensive.
If the price of Diet Pepsi rises, people can simply buy Diet Coke, potentially reducing revenue for Pepsi even more, despite the price increases.
Answer:
late in the message, after most of the advantages of a product have been discussed.
Explanation:
The stardard procedure for introducing a higher price especially for new products is to include it after sharing the advantages of the new product.
It is essential because the core message that people or intending buyers want to hear are the benefits of the new product and how it can work better than what they have been using before.
The pricing should come at a later stage after which most of the information have been shared and not at the begining otherwise , it will scare intending buyers away due to its high price coupled with the fact that there exist similar product for other brand with lower prices in the market.
Answer:
b. the average number of days to collect receivables is 31.
Explanation:
The calculation of average number of days is shown below:-
Accounts receivable turnover = Net credit sales ÷ Average accounts receivable
$240,000 ÷ $20,000
= 12
Average number of days to collect receivable = Number of days in a year ÷ Accounts receivable turnover
= 365 ÷ 12
= 31 days
Therefore for computing the average number of days to collect receivable we simply divide accounts receivable turnover by number of days in a year.
