Jenna puts $100 in a savings account in 2016 and sees a 3% increase in her account without depositing additional money is an example of earning interest.
The interest rate that investment is earning for you is known as earned interest. For instance, if you invest $1,000 in an investment that yields 10% annually, your interest earnings for that year will be 10%, or $100.
A sum that a business receives from interest-bearing bank accounts or other investments. In the accounting period in which the interest is earned, the sum should be recorded as Interest Revenues, Interest Income, or Investment Revenues.
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Answer:
X = 325 cars will yield same profit in both locations
Explanation:
Location City Outskirts
Dealer Price $ $
(98 x 330) 32340 32340
Labour,Material
and Transportation Cost
($30/car x 330 cars) (9900)
( $38/car x 330 cars) (12540)
<u>Fixed Cost (6950) (4350)</u>
Profit 15,490 15450
City will yield greatest profit if monthly demand is 330 cars
Location City Outskirts
Dealer Price $ $
(98 x 430) 42,140 42,140
Labour,Material
and Transportation Cost
($30/car x 430 cars) (12900)
( $38/car x 430 cars) (16340)
<u>Fixed Cost (6950) (4350)</u>
Profit 22,290 21450
City will yield greatest profit if monthly demand is 430 cars
b)
let X be the volume of output for both sites to yield same profit
City
Dealer Price = 98X
Labour, material and transportation= 30X
Fixed cost = 6950
Profit = 98X-(30X+6950)
Outskirts
Dealer Price = 98X
Labour,Material and transportation = 38X
Fixed Cost = 4350
Profit = 98X-(38X+4350)
Both Profits are same therefore
98X-30X-6950 = 98X-38X -4350
-30X+38X = -4350+6950
-8X = 2600
X = 325 cars will yield same profit in both locations
She have to pay back 6973$
Encourage the customer to complain without interruption and then give a sympathetic response.
<u>Explanation:</u>
Here are straightforward tips, layouts and models for composing great objections letters. This way to deal with grumblings letter-composing is compelling for private purchasers and for business-to-business clients who look for positive results from composing letters of grievance.
The standards apply to grievances messages and telephone calls as well, despite the fact that letters remain commonly the most dependable and successful approach to grumble, particularly for genuine protests.
Viable grievances letters (and some other method for grumbling) ought to be:
Envision you are the individual accepting clients' letters of protests. This causes you understand that the individual perusing your letter is a genuine person with sentiments, attempting to carry out their responsibility as well as could be expected.
Your letter ought to urge them to react emphatically and supportively to the protest. Regardless of how frantic you feel, hostility and showdown doesn't urge a supportive response to objections.
Answer:
Acquisition of new technology products and services
Explanation:
In order to remain relevant, keep with the times and perform better than competitors in pleasing customers, businesses need to have competitive advantage.
Regarding the question above, the first banks to implement the use of ATMs, online services and electronic statements would have had competitive advantage over their competitors. Therefore, other banks would have quickly followed suit and implemented modern business operations in order to remain in business.
Failure to do this could result in the demise of the business.
