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3 years ago

6

Jonathan has been appointed the new Marketing Director for Big Waves Cruise Lines. Big Waves has been modestly successful but te

nds to draw younger cruisers who don’t spend as much on a cruise as older cruisers. What would you suggest Jonathan do to increase revenue?

1 answer:

Nuetrik [128]3 years ago

5 0

Start to advertise to older people a little more since they spend more time on cruises than younger people

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"The function C(t)=C(1+r)t models the rise in the cost of a product that has a cost of C today, subject to an average yearly inf

Cloud [144]

Answer:

$351,912.61

Explanation:

Data provided in the question:

function that models the rise in the cost of a product

$C(t)=C(1+r)^t$

C = $285,700

t = 14 years

r = 1.5% = 0.015

Now,

On substituting the respective values in the given function, we get

inflation-adjusted cost in 14 years i.e C(14) = $285,700(1 + 0.015)¹⁴

or

C(14) = $285,700 × 1.2317

or

C(14) = $351,912.61

4 0

3 years ago

Stanley Corporation manufactures an electronic switch for dishwashers. The cost base per unit, excluding selling and administrat

sammy [17]

Answer:

So markup percentage will be 8 % on total unit cost

Explanation:

We have given that cost base per unit including selling and administrative expenses is $60

per unit cost of selling and and administrative expenses is $15

The company desired ROI per unit is $6

We have to calculate the markup percentage on total unit cost

Markup percentage on total unit cost is given by '

markup percentage = $\frac{desired\ ROI}{cost\ base\ per\ unit+ The \ per\ unit \ cost \ of \ selling \ and \ administrative\ expense}=\frac{6}{60+15}=0.08=8%$

So markup percentage will be 8 % on total unit cost

3 0

2 years ago

Which statement below best captures the overall point and focus of the New York Times article, Document 3?

Artemon [7]

Answer:

Correct Answer:

C) The news story marks the historical event of the first black man being called up to play in the major leagues and expresses some concern over how Robinson will be treated by his major league peers.

Explanation:

<em>Option C ıs the best statement which captures the overall point and focus of the given New York Times article, Document 3.</em>

6 0

3 years ago

Iliana’s gross pay is $2,130 per month. Her deductions total $270. She budgets for $1,000 in fixed expenses and $400 in variable

nexus9112 [7]

Lliana saved $460, her gross of which is $2,130 minus her total deductions which is $270. Her fixed expenses which $1,000 we know that it is liability like payment to the bills, the $400 variables expenses can be her food and transportation or other expense that she might need to spend. In calculation, the equation is $2,130 - $270 - $1,000 - $400 = $460

7 0

3 years ago

Read 2 more answers

John Fare purchased $6,000 worth of equipment by making a $1000 down payment and promising to pay the remainder of the cost in s

vesna_86 [32]

Answer:

C $ 596.39

total payment 7,156.68

Interest expense 2,156.68

Explanation:

6,000 - 1,000 = 5,000 amount to finance

We will calcualte the cuota of an annuity of 6 years with semianual payment at 12% annual rate.

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $5,000.00

time 12 (6 years times 2 payment per year)

rate 0.06 (12% annual we divide by 2 to get semiannual)

$5000 \times \frac{1-(1+0.06)^{-12} }{0.06} = C\\$

C $ 596.39

The total amount paid will be the cuota times the time of the loan:

Total amount paid

596.39 x 12 = 7,156.68‬

The interest will be the difference between the total amount paid and the principal of the loan

Interest paid

total payment 7,156.68

principal (5,000)

Interest expense 2,156.68

7 0

2 years ago