The amount of interest you are charged on credit card purchases
Answer:
2. c. 66.982
See explaination
Explanation:
Please kindly check attachment for the step by step solution of the given problem.
Entrepreneurial team is a group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product.
<h3>What is
Entrepreneurial team?</h3>
Entrepreneurial team serves as the team that come together to form a team of managers so that can carry out research to work on a new product.
They are usually from different areas of business with necessary skills for the work.
Learn more about Entrepreneurial team on:
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Answer:
B) John can expect to earn $120,000 in revenue more by expanding, but that is less than the cost of expansion, $150,000.
Explanation:
If John decides not to expand his expected revenue will be = ($100,000 x 50%) + ($300,000 x 50%) = $50,000 + $150,000 = $200,000
If John decides to expand his expected revenue will be = ($100,000 x 30%) + ($300,000 x 30%) + ($500,000 x 40%) = $30,000 + $90,000 + $200,000 = $320,000
If John decides to expand, his revenue will increase by $120,000.
Since we are not told if John's revenue is yearly or not, I assume that it includes a whole business or project cycle. The cost of expanding is $150,000 while the incremental revenue is only $120,000.
