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Minchanka [31]
3 years ago
13

Honda Motor Company is considering offering a $ 1 comma 900 rebate on its​ minivan, lowering the​ vehicle's price from $ 29 comm

a 700 to $ 27 comma 800. The marketing group estimates that this rebate will increase sales over the next year from 39 comma 900 to 55 comma 800 vehicles. Suppose​ Honda's profit margin with the rebate is $ 6 comma 730 per vehicle. If the change in sales is the only consequence of this​ decision, what are its costs and​ benefits? Is it a good​ idea?​ Hint: View this question in terms of incremental profits.
Business
1 answer:
Debora [2.8K]3 years ago
8 0

Answer:

It is a good idea as the profit will increase by 301,434,000

Explanation:

Profit with the rebate: 6,730

minivan sold 55,800

total profit:

55,800 x 6730 =  375,534,000

not we will calcualte the cost which is:

39,000 minivan will be sold at 1,900 lower cost:

39,000 x 1,900 = 74.100.000 opportunity cost

net : 375,534,000 - 74,100,000 = 301,434,000‬

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Which of the following is an outcome of effective listening in the workplace? Group of answer choices Lost opportunities A premi
Andrej [43]

Answer:

Stronger organizational relationships

Explanation:

Effective listening enables individuals bro better understand each other and fosters collaboration.

When employees listen effectively to one another they build stronger relationships. This is important in organisations that have high diversity in the employee pool.

Also effective listening helps employees better understand customer needs and enables them to effectively meet customer expectations.

Most customer problems are easily solved when the employee listens carefully to what the customer is saying

6 0
3 years ago
If the sales volumes in the east and west regions had been reversed, what would be the company’s overall break-even point in uni
Illusion [34]

The break-even point is the level of sales at which profits are equal. The company sold 38,000 units in the eastern region and 13,000 units in the western region

Equal gross revenue means no loss or profit for small businesses. This means that we have reached a stage of production where the cost of production equals the revenue of the product.

To calculate the breakeven point in units, use the following formula: Points (Sales) = Fixed Costs ÷ Contribution Margin

The break-even point (BEP) helps the business owner/CFO to realistically check how long it will take to see a return on an investment. For example, calculate or model the minimum turnover required to cover the cost of entering a new location or new market.

Learn more about BEP at

brainly.com/question/21137380

#SPJ4

6 0
1 year ago
Item 1Item 1 Thomas invests $109 in an account that pays 6 percent simple interest. How much money will Thomas have at the end o
olga nikolaevna [1]

Answer:

Total amount at the end of 4 years = $135.16

Explanation:

A simple interest account pays interest on only the sum deposited at an annual rate for a specified period of time without compounding or adding the interest earned in a particular period in the calculation of interest earning for the next period. Thus, if 1000 is invested and interest s earned at 10% then the interest earned will remain constant for every period the money is still deposited in the account.

The formula to calculate interest under simple interest method is,

Interest = Principal * Annual Rate * Time in years

Total Interest earned = 109 * 6% * 4

Total interest earned = 26.16

Total amount at the end of 4 years = Principal + Interest

Total amount at the end of 4 years = 109 + 26.16

Total amount at the end of 4 years = $135.16

5 0
4 years ago
1. What is the current balance that Joe Doe owes? $1270.54
Dominik [7]

<u>Explanation:</u>

1. $1270.54. This is evident since this was written at the bottom of the credit card statement.

2. $500. We find this under the row for payments.

Purchases made:

  • 3/25 Groceries land: $142
  • 3/27 Book store: $33
  • 4/1 Restaurant: $125
  • 4/19 Bob's Auto: $425

3. $500

4. Because he made late payments and it comes with a $35 penalty fee as stated in the credit policy of the company.

5. $10.54.

6. $5,000 credit limit, and $3,729.46 is Joe's available credit line.

7. Purchases: 13.99%, Balance transfers: 13.99%, Cash Advances: 25.99.

8. $25.

9.  4/29/19.

10. No, because there is no cash advance charge on the statement.

11. In other to inform the card-holders about the financial burdens attached to paying only the minimum payment due.

8 0
3 years ago
A sales agent, employed by the Sponsor's first-tier, downstream, or related entity (FDR), submitted an application for processin
fenix001 [56]

Options :

A. Refuse to change the date or waive the premiums, but decide not to mention the request to a supervisors or the compliance department

B. Make the requested changes because the sales agent determines the beneficiary's start date and monthly premiums

C. Tell the sales agent you will take care of it, but then process the application properly (without the requested revisions) - you will not file a report because you don't want the sales agent to retaliate against you

D. Process the application properly (without the requested revisions), inform your supervision and the compliance officer about the sales agent's request

E. Contact law enforcement and the Centers for Medicare & Medicaid Services (CMS) to report the sales agent's behaviro

Answer: D. Process the application properly (without the requested revisions), inform your supervision and the compliance officer about the sales agent's request.

Explanation: In the scenario described above, the sales agent request are huge and probably violates ideal business process. When such requests are made, it is important to take note of the requester and it's requests even though such request of rolling back enrollment date and waiving of monthly premium should not be processed. The appropriate heads and stakeholders should be duly informed such as the suowrvisor and compliance officer in other to investigate and uncover why such request was made by the sales agent and then take necessary steps required.

7 0
3 years ago
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