1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Westkost [7]
3 years ago
11

The current market demand for paper clips is 320 million and its market development index is 55. calculate the approximate marke

t potential for paper clips.
Business
1 answer:
Rina8888 [55]3 years ago
8 0

To calculate for the approximate market potential, we simply have to take the ratio of the current market demand over the market development index in fraction. That is:

market potential = 320 million / 0.55

<span>market potential = 582 million</span>

You might be interested in
Straight Industries purchased a large piece of equipment from Curvy Company on January 1, 2019. Straight Industries signed a not
Damm [24]

Answer:

$30,604

Explanation:

The computation of the interest expense for the year 2020 is as follows:

2019 interest expense is

= Equipment amount × rate of interest

= $311,967 × 9%

= $28,077

The Dec 31 2019 liability of book value is

= $311,967 + $28,077

= $340,044

Now the interest expense for the year 2020 is

= $340,044 × 0.09

= $30,604

3 0
2 years ago
Data concerning Dorazio Corporation's single product appear below:
Reika [66]

Answer:

30600 less 25 000 = 5600

increase in net income

Explanation

                                               1400 units                                               1000 units

sales                                       224 000                                                  160 000  

(1400*160) (1000*160)                                                                          

variable costs                   (106 400)                                                    (48 000)

(1400*76) (1000*48)                                                      

contribution margin            117 600                                                     112 000                          

fixed costs                             (87 000)                                                  (87 000)                                              

net operating income            30 600                                                   25000                              

6 0
3 years ago
When the news was dominated by only three networks and a handful of national papers, the news sources tended to be _____________
harkovskaia [24]

More moderate. Now there are more organizations that focus on a far left or far right audience and their coverage is more polarized/biased toward their opinion that in the past.

5 0
3 years ago
Which of the following most accurately explains why even if you won $1 million in a lottery, you still would not escape the scar
liubo4ka [24]

Answer:

All Individuals, whether rich or poor,are dissatisfied with their material well-being and would like more.

Explanation:

Individuals wanting more and not being satisfied with their material well being goes back to the fundamental problem of economics-unlimited human wants. Economists argue that human wants are unlimited and insatiable irrespective of their economic class. Whether rich or poor, no man is satisfied with his material well-being. Every man still feel something is lacking after acquiring so much or so little. He still has the scarcity problem.

This never-ending desire is embedded in the physiological make up of a man. When a man gets food, then he wants house. When he gets house, he wants car. When he gets a car, he wants to buy a private jet. In short, the more he gets, the more he wants more.

And that`s is the reason why you would win $1 million and stills not satisfied with having enough. You would still believe you lack something. You would still want to acquire more just to solve this scarcity problem.

Other options do not explain the problem ; they just points at microeconomics and macroeconomics issues.

5 0
3 years ago
Stewart inc.'s latest eps was $3.50, its book value per share was $22.75, it had 215,000 shares outstanding, and its debt-to-ass
Vikki [24]
<span>80,000 people who traveled to the West in search of riches</span>
4 0
3 years ago
Other questions:
  • g You will be receiving cash flows of: $2,000 today, $3,000 at end of year 1, $5,000 at end of year 3, and $7,000 at end of year
    12·2 answers
  • According to the box, "Will Strategy Robots Replace Managers?", with robots having the capabilities to do a multitude of busines
    12·1 answer
  • What is the difference between an invoice and a purchase order?
    8·1 answer
  • Ann and Bob form Robin Corporation. Ann transfers property worth $420,000 (basis of $150,000) for 70 shares in Robin Corporation
    10·1 answer
  • While training for her new job as a pharmaceutical sales representative, Valerie spent several days shadowing an experienced com
    10·1 answer
  • Who is an HR manager?
    8·1 answer
  • Sales price $6.74 per unit
    5·1 answer
  • Why is compound interest preferable to simple interest when investing?
    12·1 answer
  • A project requires a $28,000 investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 Year 2
    11·1 answer
  • chris and his best friend jason have just opened a specialty beer bar in phoenix, arizona. they know the bottom-line profit they
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!