Answer:
Option (b) is correct.
Explanation:
The law of demand states that there is a negative relationship between the price of the product and the quantity demanded for the product. This means that as the price of ski lift tickets increases then as a result the quantity demanded for ski tickets decreases. Alternatively, if there is a fall in the price of ski tickets then as a result the quantity demanded for sky tickets increases.
The correct option is C. An organization's target market is the group of potential customers toward whom it directs its marketing efforts.
A goal marketplace, also called a serviceable obtainable market (SOM), is a group of clients within an enterprise's serviceable-to-be-had market at which the enterprise pursues its marketing efforts and assets. A goal marketplace is a subset of the whole marketplace for services or products.
The goal marketplace typically includes customers who showcase comparable characteristics (which include age, region, profits, or way of life) and are considered most probable to buy a business's market services or are probable to be the most worthwhile segments for the commercial enterprise to the carrier via OCHOM.
A target marketplace is a set of human beings that have been identified as the most probable ability customers for a product because of their shared traits together with age, income, and lifestyle.
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Answer:
10.46%
Explanation:
Data provided in the question
NPER = 4 years
Price of the bond is $956.12
Yield to maturity is 11.43%
Coupon rate = 10%
We assume the face value be $1,000
So the coupon payment is
= Face value × Coupon rate
= $1,000 × 10%
= $100
Now the current yield on this bond is
= Coupon payment ÷ Price of the bond
= $100 ÷ $956.12
= 10.46%
Answer:
The answer is d. wholly owned subsidiary
Explanation:
A wholly owned subsidiary is a company whose entire stock is held by another company, called the parent company. In this case Fun Times will own 100% of Events & Adventures' common stock.
Answer:
$1,933.32
Explanation:
Total materials handling cost for the year = $16,652.90
Total direct labor hours:
= [(Total expected units produced for wall mirrors × Expected direct labor hours per unit for wall mirrors) + (Total expected units produced for Specialty Windows × Expected direct labor hours per unit for Specialty Windows)]
= [(13,400 × 6) + (1,320 × 8)]
= 80,400 + 10,560
= 90,960
Cost per Direct labor hour:
= Total Expected material handling cost ÷ Total direct labor hours
= $16,652.90 ÷ 90,960
= $0.18308
Material handling Cost allocated to specialty windows:
= Cost per Direct labor hour × Direct labor Hours
= $0.18308 × (1,320 × 8)
= $0.18308 × 10,560
= $1,933.32
Therefore, the total materials handling cost allocated to the specialty windows is closest to $1,933.32 .
