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2 years ago

Your Insurance company bills you $687.89 every 6 months for your premium payments. You decide to pay per month.

Business

1 answer:

eimsori [14]2 years ago

3 0

Answer:

$114.65

Explanation:

If you divide $687.89 by 6 months you'll get $114.64833333333333333 but if you simply you'll get 114.65 and you'll only pay $0.11 over.

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After being influenced by frequent advertisements, Jeremy buys a new cell phone. However, he discovers that the new cell phone d

svetlana [45]

Answer: The actual value

Explanation: In simple words, actual value refers to the utility satisfaction that a customer receives after purchasing a product.

The only difference between perceived value and actual value is that while calculating perceived value the customer compares his product with other product . However, while calculating actual value he only compares the existing performance with his or her expectations.

In the given case, Jeremy feels the product he buy is no as useful as he thought. Hence it lacks actual value.

5 0

2 years ago

Which statement best describes one way businesses participate in the

likoan [24]

Answer:

C. Businesses create goods for product markets to sell.

Explanation:

8 0

2 years ago

Read 2 more answers

Parvis makes all sales on account, subject to the following collection pattern: 20% are collected in the month of sale; 70% are

Bumek [7]

Answer:

Balance as on 31st December = $46,000

Explanation:

Sales October November December Balance

October $70,000 $14,000 $49,000 $7,000 $0

November $60,000 $12,000 $42,000 $6,000

December $50,000 $10,000 $40,000

Balance as on 31st December $46,000

Workings

October: 20% of 70,000 = 14,000, 70% of 70,000 = $49,000, 10% of 70,000 = $7,000

November = 20% of 60,000 = 12,000, 70% of 60,000 = $42,000, Balance = 60,000 - (12,000+42,000) = $6,000

December = 20% of 50,000 = $10,000, Balance = 50,000 - 10,000 = $40,000

3 0

2 years ago

Andrew's mother knew something about planning since she was, in fact, a financial planner-a person who helps others to plan the

Grace [21]

Answer:

Explanation:

6 0

2 years ago

At a sales volume of 40,000 units, Lonnie Company's total fixed costs are $40,000 and total variable costs are $60,000. The rele

eduard

Answer:

$115,000

Explanation:

Calculation for the total expected cost

First step is to find the variable cost per unit

Variable costs per unit= 60,000/40,000

Variable costs per unit= 1.50 per unit.

Second step is to find the Total variable costs

Total variable costs =50,000 units × 1.50 per units

Total variable costs=$75,000

Last step is add the total fixed costs of the amount of $40,000 to the Total variable costs of $75,000

Total expected cost =$75,000+$40,000

Total expected cost =$115,000

Therefore the total expected cost will be $115,000

3 0

2 years ago