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MrMuchimi
2 years ago
15

Brad purchased a company that is not profitable. What are two courses of action he could take to boost profits in the company?

Business
2 answers:
docker41 [41]2 years ago
8 0

Answer: Examing demand for the products.

Gauge customer satisfaction.

Explanation: we dont have to sell products we like or want to sell, but products people demand. First we have to do is knowing consumers and what do they want. And keep our customers highly satisfied.

Anarel [89]2 years ago
4 0

<u>Answer:</u>

<em>B. examine demand for the products</em>

<em>C. gauge customer satisfaction</em>

<u>Explanation:</u>

Innovation is one technique by which an organization may expand a piece of the overall industry. At the point when a firm brings to advertise another change, its rivals still cannot seem to offer, customers wishing to possess the difference get it from that organization, regardless of whether they recently worked with a contender.

By reinforcing customer relationships, organizations ensure their current piece of the pie by keeping current clients from escaping when a contender reveals a hot new offer.

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You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid
IceJOKER [234]

Answer:

YTM = 3.094%

Explanation:

If you can't calculate the YTM using excel or a financial calcualtor, you can do it by hand using the approximation formula:

<h2>YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}</h2>

C = interest payment = 1,000 x 6%/2 = 30

F = face value = 1,000

P = 985,63

n = payment periods = 10 years x 2 payment per year

<h2>YTM = \frac{30+ \frac{1000-958.63}{20 }}{\frac{1000+958.63}{2}}</h2>

YTM = 3.094%

Notice, this YTM is an approximation

4 0
2 years ago
On may 1, the cash account balance was $72,600. during may, cash receipts totaled $345,600 and the may 31 balance was $95,230. d
Sphinxa [80]
<span>$322,970 The expression for the cash balance at the end of the month is B = I + R - P where B = Balance at the end of the month. I = Initial balance at the beginning of the month. R = Receipts received during the month. P = Payments made during the month. So let's substitute the known values we have and solve for P B = I + R - P 95230 = 72600 + 345600 - P 95230 = 418200 - P 95230 + P = 418200 P = 322970 So the cash payments made were $322,970</span>
4 0
2 years ago
An aircraft company has an order to refurbish the interiors of 18 jet aircraft. The work has a learning curve percentage of 80.
gavmur [86]

Answer:

a. 125.43 hours

b. 767.92 hours

c. 2,129.04 hours

Explanation:

Using the mathematical approach, we have :

y = ax ^b

Where ,

y is the average time to manufacture x units

a is the time its takes to manufacture first plane

b is the log of 80% divided by log 2

Then,

Average time for 5 planes = 300 (5)^-0.322

                                            = 178.67 hours

Total time for 5 planes = 178.67 hours × 5

                                      = 893.35

Average time for 4 planes = 300 (4)^-0.322

                                            = 191.98 hours

Total time for 5 planes = 191.98 hours × 4

                                      = 767.92 hours

The fifth plane would take =  893.35 - 767.92

                                            =  125.43 hours

Average time for the 18 planes = 300(18)^-0.322

                                                    = 118,28 hours

Total time for 18 planes = 118,28 hours × 18

                                       = 2,129.04 hours

5 0
2 years ago
Kate is the sales representative for a major textbook publisher. When she calls on the business faculty at General University, s
liq [111]

Answer: Users.

Explanation:

There are 7 positions in the Buyer Decision Process which includes the Initiators, the buyers, decision makers, influencers, Users and Gatekeepers.

The Users are the finally people who actually use the product and their opinion matters. They are usually consulted on how to make a product better in the post-evaluation process.

Kate as a sales representative arranged to meet students and got their feedback on textbooks with the aim of using their feedback to make their textbooks better. This would signify that the students play a USER role in the buying centre and their opinion is being used to learn to make a product better. Also, the company sells textbooks and textbooks are usually for students.

3 0
2 years ago
On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on Septemb
ELEN [110]

Answer:

The correct answer is $60,000.

Explanation:

According to the scenario, the given data are as follows:

Expenditure for Jan.1 = $334,000

Time period ( Jan.1 - Dec.31 ) = 12 months

So, average expenditure = $334,000

Similarly, Expenditure for Sep.1 = $498,000

Time period ( Sep.1 - Dec.31 ) = 4 months

So, average expenditure = $498,000 × 4÷12 = $166,000

Now, Expenditure for Dec.31 = $498,000

Time period ( Dec.31 - Dec.31 ) = 0 months

So, average expenditure = $498,000 × 0÷ 12 = 0

So, capitalized interest = ( average expenditure Jan.1 + average expenditure Sep.1 + average expenditure Dec.31) × 12%

= ($334,000 + $166,000 + $0) × 12%

= $500,000 × 12%

= $60,000

3 0
2 years ago
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