<span>A firm determines its profit by subtracting total cost from revenue</span>
Answer:
B) a local cable company
Explanation:
A local cable company provides communication services using underground cables. Service offed by a cable company includes televisions, internet connectivity, and telephone services. Such a company needs communication equipment to facilitate signal and message transmission.
Damien repairs communication equipment. He probably works for a local cable company.
Answer:The cash flow effect of Fey Enterprises’ restructuring during fiscal 2016 is: $9,900,000
Explanation:
The total restructuring charge accrued = $16.2 million this is so as asset write-downs are not accrued. This in term states that there is no credit to a liability account for write-downs, the assets are credited (reduced).
Therefore,
The company paid the amount = $12,600,000 - $2,700,000 = $9,900,000 during cash during fiscal 2016.
<u><em>Therefore, the correct option is (d)</em></u>
Answer: segmentation
Explanation:
Market segmentation is when a business market that is made up of different customers is being divided, into smaller groups or segments based on some characteristics.
From the question, we are informed that XARA is a newly emerging wine company. After extensive market research, XARA divides its market into wine enthusiasts, casual drinkers and restaurants. Each category has its own needs, traits and marketing goals. In this scenario, XARA is using market segmentation.
Answer:
The amount that has to be deposited today is $6205.63
Explanation:
The given parameters are;
The annual interest rate for the first 5 years = 4 percent
The annual interest rate for the next 4 years = 4.6 percent
The annual interest rate for the final 8 years = 5.3 percent
Let the amount deposited be X, we have;
X × (1 + 0.04)⁵ + X × (1 + 0.04)⁵×(1.046)⁴ + X × (1 + 0.04)⁵×(1.046)⁴ ×(1.053)⁸ = $30,250
X ((1.04)^5 + (1 + 0.04)^5×(1.046)^4 + (1 + 0.04)^5×(1.046)^4 ×(1.053)^8) = $30,250
X × 4.875 = $30,250
X = $30,250/$4.875 = $6205.63
The amount that has to be deposited today = $6205.63.