The following describes which type of bank? "Serves everyday people like you and me!"

A frim must choose its ______ carefully; if its picks too narrow a set it may fail to reach the volume of sales it needs but if

anygoal [31]

Answer:

target markets

Explanation:

Based on the information provided within the question it can be said that the firm must choose it's target markets carefully. In the context of marketing, target markets are the population of consumers that the marketing is aimed towards convincing them to buy the company's product. Choosing the right market would lead to an explosion in sales, but the opposite would completely kill a products sales.

8 0

3 years ago

Assume the service rate for a queue in a truck-loading operation is 2 trucks per hour. Using the infinite queuing notion for the

ivolga24 [154]

Answer:

C: 0.5 hours

Explanation:

Average service time = 1/Average service rate = 1/2 = 0.5 hours

3 0

3 years ago

Sneed Corporation reported balances in the following accounts for the current year: Beginning Ending Income tax payable $ 54 $ 3

bogdanovich [222]

Answer:

$181

Explanation:

Given that,

Beginning:

Income tax payable = $54

Deferred tax liability = $75

Ending:

Income tax payable = $34

Deferred tax liability = $145

Tax expenses during the year = $231

Amount of tax paid during the year:

= Tax expenses during the year + (Beginning - ending tax payable) - (Ending - Beginning deferred tax liability)

= $231 + ($54 - $34) - ($145 - $75)

= $231 + $20 - $70

= $181

7 0

3 years ago

At a price of $8.5 per ticket, a musical theater group can fill every seat in their 1800 seat performance hall. For every additi

sasho [114]

Answer:

The ticket price that maximizes revenue is $18.10

Explanation:

Hi, first we need to construct the revenue equation in terms of the additional dollar charge (that would be X). That is:

$Revenue=Price*Quantity$

$Revenue=(8.5-X)(1,800-65X)$

So we expand it:

$Revenue=15,300-552.5X+1,800X-65X^{2}$

$Revenue=-65X^{2} +1247.5X+15,300$

This is a parabola, and we need to find its vertex, which in our case that would be the maximum additional dollar charge in order to obtain the highest revenue possible, to find the vertex, we need to consider that:

$Y(X)=AX^{2}+ BX+C$

And to find the X-coordenate we have to use the following equation.

$Vertex(X)=\frac{-B}{2A}$

In our case, A= -65; B= 1,247.5, so, all should look like this:

$Vertex (X)=\frac{-(1247.50}{2(-65)} =9.6$

That means, we need to make 9.6 increments of $1 in order to obtain the max revenue possible, therefore, the price would be

Price = $8.50 + $1(9.6)= $8.50 + $9.6 =$18.10

Best of luck.

7 0

3 years ago

Assume that the corporate tax rate is 34% and the personal tax rate is 30%. The founders of a newly formed business are debating

miv72 [106K]

Answer:

b. 23.8%

Explanation:

For computing the percentage difference, we have to compute the Pre-tax income of both corporations and the partnership

For corporations:

Pre-tax income = (1 - corporate tax rate) × (1 - personal tax rate)

= (1 - 0.34) × (1 - 0.30)

= 0.66 × 0.70

= 0.462 or 46.2%

For partnership:

Pre-tax income = (1 - personal tax rate)

= (1 - 0.30)

= 0.70 or 70%

So, the difference would be

= 70% - 46.2%

= 23.8%

5 0

3 years ago