Answer:
The beginning balance in accounts receivable was: $47,500
Explanation:
Sales reported on the income statement were $385,500, Accounts receivable increased of $385,500 during the period.
Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $359,000. The company collected $359,000 from the sales. Accounts receivable decreased of $359,000 during the period.
The beginning balance in accounts receivable = The ending balance of accounts receivable + Accounts receivable decreased during the period - Accounts receivable increased during the period = $74,000 + $359,000 - $385,500 = $47,500
Amount invested in both schemes is $45,000
returns in investment g is 75,000 in 6 years.
yearly return is:
75000/6=12,500
returns in investment h is 105,000 in 9 years
yearly return is:
105,000/9
=11,666.67
from the above results we can conclude that investment g has the higher returns.
A = Pe^(rt)
<span>A = 5e^(0.02)(8) = 5.87 billion </span>
Answer:
Marketing is a broad subject with various techniques and tools. Thus, there can be a lot of methods through which a marketing manager can stabilize the operations of company to some extent. The main methods are as follows :
1. Use of social media :
Almost every second individual in our society is actively engaged in social media. Therefore, it is an efficient as well as relatively less expensive method of targeting the audience.
2. Knowing the audience :
One best way to hedge the market uncertainties is to completely understand the behavior of your customers. Thus, one can conduct research on different levels to understand customer preference.
Answer:
The answer is: Akamai will probably lower its prices too.
Explanation:
When a company's competitors offer similar products and lower their prices, they are expecting a substitution effect to happen. This means that your customers will stop buying from you and will start buying similar substitute products from the competition at lower prices.
Akamai will probably try to avoid this from happening and the only feasible way they can do it is by also lowering their prices to match the competition's.
