Answer:
$3,525.00
Explanation:
The hire purchase price will be the sum of the deposit and the total monthly installments.
The deposit is $750
Monthly installments =monthly fee multiplied by 15 months
=$185 x 15
=$2,775.00
Hire purchase cost will be
=$2,775.00 +$750
=$3,525.00
Answer: Trade off analysis
Explanation: In simple words, it refers to the decision making technique under which the decision maker gives up one thing for gaining the other.
In the given case, Global corp. were asking their consumers to prioritize the attributes they were expecting from the new product. The higher demanded attribute would have been added and the lower one will be neglected.
Hence from the above we can conclude that the correct answer is trade off.
Answer:
$439,610
Explanation:
Preparation for the current assets section of the balance sheet
Current assets
Cash $32,000
Accounts Receivable$111,900
Allowance for Doubtful Accounts($9,080)$102,820
($111,900-$9,080)
Inventory $295,000
Prepaid Insurance $9,790
Total current assets $439,610
($32,000+$102,820+$295,000+$9,790)
Therefore the current assets section of the balance sheet is $439,610
If the inverse demand function for a monopoly's product is p = 100 2q, then the firm's marginal revenue function is 200 - 2q. Price becomes a function of quantity demanded in the case of an inverse demand curve. The inverse of a demand curve, this indicates that variations in the amount required cause changes in price levels.
The formula for calculating the demand curve for a product yields the graph of an inverse demand curve. The quantity demanded is a function of price on the demand curve. This aligns the horizontal axis with pricing, with quantity demanded on the vertical axis.
To learn more about demand curve, click here.
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