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4 years ago

Explain how personal selling can help solve the problem of information overload.

1 answer:

5 0

Basically its giving you less space for everything no to be so crowdy around the space you dont want alot of things around.

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What is the percentage return on a stock that was purchased for $48.40, paid a $1.67 dividend, and was then sold after one year

Marysya12 [62]

Answer:

-1.10%

Explanation:

Calculation for percentage return on a stock

Stock percentage return=$46.20 + 1.67 - 48.40)/$48.40

Stock percentage return= = -.0110*100

Stock percentage return=-1.10%

Therefore the percentage return on a stock is -1.10%

7 0

3 years ago

On June 10, Sheridan Company purchased $7,700 of merchandise from Crane Company, terms 3/10, n/30. Sheridan Company pays the fre

sveta [45]

Answer:

Sheridan Company journal entries:

June 10

Dr Merchandise inventory 7,700
Cr Accounts payable 7,700

June 11

Dr Merchandise inventory 430
Cr Cash 430

June 12

Dr Accounts payable 800
Cr Merchandise inventory 800

June 19

Dr Accounts payable 6,900
Cr Cash 6,693
Cr Merchandise inventory 207

4 0

4 years ago

If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year, Find the amount in the bank after 14 y

Harlamova29_29 [7]

Answer:

1. Interest compounded annually = $18,049.74

2. Interest compounded quarterly = $18,493.77

3. Interest compounded Monthly = $18,598.16

4. Interest compounded continuously = $18,651.19

Explanation:

First let me state the formula for compound interest:

The future value of a certain amount which is compounded is the total amount (Principal + interest) on the amount of money, after compound interests have been applied, and this is shown below:

FV = PV $(1+\frac{r}{n} )^{n*t}$

where:

FV = Future value

PV = Present value = $7,000

r = interest rate in decimal = 0.07

n = number of compounding periods per year

t = compounding period in years = 14

For interests compounded continuously, the Future value is given as:

FV = PV × $e^{r*t}$

where

$e$ is a mathematical constant which is = 2.7183

Now to calculate each on the compounding periods one after the other:

1. Interest compounded annually:

here n (number of compounding periods annually) = 1

Therefore,

FV = 7,000 × $(1+\frac{0.07}{1})^{14}$

FV = 7,000 × $1.07^{14}$ = $18,049.74

2. Interest compounded quarterly:

here, n = 3 ( there are 4 quarters in a year)

FV = 7,000 × $(1+\frac{0.07}{4} )^{4*14}$

FV = 7,000 × $1.0175^{56}$ = $18,493.77

3. Interest compounded Monthly:

here n = 12 ( 12 months in a year)

FV = 7,000 × $(1+\frac{0.07}{12} )^{12*14}$

FV = 7,000 × $1.005833^{168}$ = $18,598.16

4. Interests compounded continuously:

FV = PV × $e^{0.07 * 14}$

FV = 7,000 × 2.66446 = $18,651.19

3 0

3 years ago

Dairy Farm enters into a contract with EZ Serve Ice Cream Company to supply milk. Later, Dairy decides that it is no longer adva

andrew-mc [135]

Answer:

Explanation:

<em>A breach of contract occurs when one of the parties to a contract decides not to honor all or some of the terms spelled out in the contract. In other words, a breach of contract occurs when actionable terms in the contract are neglected by one of the parties to the contract.</em>

The actionable term in the contract signed by both Diary Farm and EZ Serve Ice Cream Company is for Diary Farm to supply milk to EZ Serve Ice Cream Company. <u>Hence, not supplying milk as agreed represents a breach of the contract, all other things being equal.</u>

Correct option: C

3 0

4 years ago

Star software systems and henry orally agree for henry to write special accounting software. this software usually takes three y

ELEN [110]

There are 6 requirements for a verbal contract:

An offer. -- they had this

An acceptance. -- the contract was accepted

Competent parties who have the legal capacity to contract. - they both have the right to make this decision

Lawful subject matter. this is not an illegal operation

Mutuality of obligation. Both parties are obligated to do something in this case.

Consideration. if there were discussions of payment, then yes this is a legally enforceable contract.

4 0

3 years ago