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Korolek [52]
2 years ago
7

PoolPak produces climate-control systems for large swimming pools. The company's customers are more concerned about service supp

ort for maintaining their systems than the initial price of the product. PoolPak specializes in and differentiates itself through both cutting-edge technologies used to build its high-value climate control systems as well as seamless quality service. PoolPak's prices are very high, but demand for its climate-control systems seems to be forever on the rise. This exemplifies
Business
1 answer:
Dima020 [189]2 years ago
6 0

Answer: a non price position  

Explanation: In simple words, it refers to a situation in which an organisation differentiates itself in the market on the basis of the quality of their product. The brand image of such organisations is so strong that customers do not care about the high prices they pay.

In the given case, Pool pak specializes their product by having best technologies and high quality.

Thus, we can conclude that the given case depicts non price posityion.  

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If your friend Raheem asks you, “What type of account should I use to save for retirement,” what would you tell him?
SSSSS [86.1K]

Answer:

Roth IRA account

Explanation:

The best type of account that you should save money in for Retirement is a Roth IRA account. This will allow you to put and save a maximum of $5,500 USD per year which will compound annually with interest and can be redeemed when you retire. Once you redeem your money at the age of 65 1/2 it will be completely tax-free. Meaning you have no liabilities with that money whatsoever and you can simply enjoy your retirement with that money.

7 0
2 years ago
The master budget of Carpenter Company shows that the planned activity level for next year is expected to be 100,000 machine hou
Gnom [1K]

Answer:

Total overhead cost= $988,000

Explanation:

Giving the following information:

Activity level= 100,000 machine hours

Indirect labor $480,000

Machine supplies 120,000

Indirect materials 140,000

Depreciation on factory building 100,000

First, we need to calculate the unitary overhead costs per machine-hours. <u>Depreciation is a fixed cost.</u>

Indirect labor= 480,000/100,000= $4.8

Machine supplies= 120,000/100,000= $1.2

Indirect materials= 140,000/100,000= $1.4

<u>Now, we can determine the total overhead cost for 120,000 machine hours.</u>

<u></u>

Indirect labor= 4.8*120,000= 576,000

Machine supplies= 1.2*120,000= 144,000

Indirect materials= 1.4*120,000= 168,000

Depreciation= 100,000

Total overhead cost= $988,000

8 0
2 years ago
Ryan always skims through his lesson before a test. What is he doing by skimming?
Mars2501 [29]
D. Reading everything very quickly
7 0
2 years ago
Read 2 more answers
Bill O’Brien would like to take his wife, Mary, on a trip three years from now to Europe to celebrate their 40th anniversary. He
Margaret [11]

Answer:

Bill must earn at 4.89% interest rate

Explanation:

The rate that Bill must earn on the $26,000 in order to be able to accumulate $30,000 in three years' time is computed below using the future value formula:

FV=PV*(1+r)^N

FV is the future value of $30,000

PV is the principal to be invested today of $26,000

N is the duration  of the investment of 3 years

r is the unknown

30,000=26000*(1+r)^3

divide both sides by 26,000

30000/26000=(1+r)^3

divide the index on both sides by 3

(30000/26000)^(1/3)=1+r

r=(30000/26000)^(1/3)-1

r=1.048856246 -1

r=0.048856246

r=4.89%

6 0
2 years ago
Today, you are purchasing a 15-year, 6.5 percent annuity at a cost of $36,500. The annuity will pay annual payments starting one
Licemer1 [7]

Answer:

Periodic payment = $3,881.88 (Approx).

Explanation:

Given:

Present value of annuity = $36,500

Rate = 6.5% = 0.065

Number of payment = 15

Computation:

Present\ value\ of\ annuity = periodic\ payment[\frac{1-(1+r)^{-n}}{r} ]

36,500 = periodic\ payment[\frac{1-(1+0.065)^{-15}}{0.065} ]\\\\36,500 = periodic\ payment[\frac{1-(1.065)^{-15}}{0.065} ]\\\\36,500 = periodic\ payment[\frac{1-0.388826524}{0.065} ]\\\\36,500 = periodic\ payment[\frac{0.611173476}{0.065} ]\\\\36,500 = periodic\ payment[9.40266886 ]\\\\periodic\ payment = 3,881.87658

Periodic payment = $3,881.88 (Approx).

4 0
2 years ago
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