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BigorU [14]
2 years ago
14

as Jake began his market research he discovered that there wasn't another retail boating supplies business for hunting more than

100 miles in fact there was no large lake or river either Jake concluded that a. the competition gave up too soon b. his marketing should stress quality and service c. you would have to offer lower prices d. there was no market for this product
Business
1 answer:
gulaghasi [49]2 years ago
5 0
The right answer for the question that is being asked and shown above is that: "b. his marketing should stress quality and service." As Jake began his market research he discovered that there wasn't another retail boating supplies business for hunting more than 100 miles in fact there was no large lake or river either Jake concluded that his<span> marketing should stress quality and service</span>
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Nora has heard that opening a lot of credit card accounts is a good way to build credit. She currently has five cards, but is so
Sladkaya [172]
This is a bad move. You should work on getting a high credit score on one card not multiple.
8 0
2 years ago
Given the following data: Selling price per unit $ 2.00 Variable production cost per unit $ 0.30 Fixed production cost $ 3,000 S
Shkiper50 [21]

Answer:

Break Even Point in Dollars = $6,000

Explanation:

Break Even Point in Dollars = \frac{Total \: Fixed \: Cost}{Contribution \: Per \: Unit} \times Selling price per unit.

Total Fixed Cost = Fixed Production cost + Fixed Selling Expenses

Fixed Production Cost = $3,000

Fixed Selling Expense = $1,500

Total Fixed cost = $3,000  +$1,500 = $4,500

Contribution per unit = Selling price - Variable Cost per unit

Selling Price Per Unit = $2.00

Variable Cost Per Unit = Variable Production cost + Sales commission

Variable Production cost = $0.30

Sales Commission Cost = $0.20

Variable Cost per unit = $0.30 + $0.20 = $0.50

Contribution per unit = $2.00 - $0.50 = $1.50

Break-even point = \frac{4,500}{1.5} \times 2 = 6,000

Break Even Point in Dollars = $6,000

3 0
2 years ago
Read 2 more answers
Following are forecasts of sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of December 31, 2017
andreev551 [17]

Answer:

Explanation:

Current Forecast Horizon Terminal

Year ($ millions) 2017 2018 2019 2020 2021 Sales ........................................................$2,785 $3,838 $5,289 $7,288 $10,043 $10,244 ....................................................330 455 627 864 1,190 1,214NOA .........................................................533 735 1,012 1,395 1,922 1,961ROPI Model

NOPAT – [NOABeg× rDiscount

factor [1 / (1 × ] ...................0.88496 0.78315 0.69305 0.61332 Present value of horizon ................342 416 507 619 present value of horizon ........$1,884 Present value of terminal ...............5,375 .........................................................533 Total firm value ........................................$7,792 Less ..............(462) Firm equity value .....................................8,254 Shares outstanding (millions) ..................103.3 Stock value per share ..............................$ 79.90

7 0
1 year ago
The following is TRUE about Inventory:________.A. Firms decrease inventory because there is a risk of significant and unpredicta
Aleks [24]

Answer:

The correct answer is option (c).

Explanation:

Solution

From the question sated above the answer is, Firms or organisation decrease inventory because the more we spend on inventory, the more we will need to spend on the other related inventory expenditures.

The reason is because if the inventory is kept full or complete, then the cost related or connected with the maintenance of the inventory increases or goes up and it is not beneficial for the company itself.

7 0
2 years ago
Lowlife Company defaulted on a $250,000 loan that was due on December 31, 2018. The bank has agreed to allow Lowlife to repay th
IceJOKER [234]

Answer:

Explanation:

1. Present value = Annuity amount * PVA (n=4;i=10%)

250,000 = Annuity amount*3.16987

Annuity amount = $78,868

2. Present value = Annuity amount * PVA (n=5;i=8%)

250,000 = Annuity amount* 3.99271

Annuity amount = $62,614

3. i = 10%

Annual payments = $51,351

250,000 = 51,351 *X

X = 4.86845

When looking at the table of present value of an ordinary annuity, PVA of 4.86845 and i=10%, ⇒ n = 7 payments

4.

Payments = 104,087

n = 3

250,000 = 104,087*X

X = 2.40184

When looking at the table of present value of an ordinary annuity, PVA of 2.40184 and n=3, ⇒ i = 12%

3 0
2 years ago
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