Answer:
1. C)Unknown
2. C)Unknown
Explanation:
The company wants to disengage staff based on seniority but does not state of it is the highest ranking or lowest ranking that will go
So if we assume the two lowest ranking staff are to be let go.
From the scenario above Fred is more senior than Cheryl and Sue, so he must be 1st or 2nd.
To determine if Mike is to be terminated, he is senior to Cheryl. If Cheryl is 4th then Mike can be 3rd and will go. If Cheryl is 3rd then Mike can be 1st or 2nd and will stay. There is no way to determine Mike's rank from the data given.
To determine if Sue will go, Fred is more senior to Sue. So if Fred is 1st Sue can be 2nd and stay. However Sue can be 3rd or even 4th and still satisfy the conditions. So in this case also we cannot determine if Sue will be laid off with the data given.
Answer:
a. Revenue = $23,660
b. Revenue = $40,837.50
Explanation:
a) Data and Calculations:
Minimum number of chairs to be sold under the deal = 260
Price at minimum number of chairs (260) = $91
Maximum number of chairs to be sold under the deal = 450
Discount offered for quantity above 260 = $0.25 per chair on the entire order
Price at maximum number (or just above 260 chairs) = $90.75 ($91 - $0.25)
Minimum revenue to be made under this deal = $23,660 (260 * $91)
Maximum revenue to be made under this deal = $40,837.50 (450 * $90.75)
Answer:
The answer is producers need to know what consumers want so they can sell more and make more profit.
Answer:
C. was formed on January 18
Explanation:
Since in the question it is mentioned that On Jan 8, Quastrar sent the letter for selling the restaurant supplies to Hylian company for $10,000. On Jan 17, Quastrar sent the revoking letter offer and the same would be received by Hylian on Jan 21. On Jan 18, Hylian mailed the letter regarding the acceptance to Quastrar and the same would be received by Quastrar on Jan 20.
So, the contract between them would be created on Jan 18 as the acceptance is sent on Jan 18 i.e. prior the revocation letter
Answer
The ranking from highest to lowest on the interest rates they offer to consumers on savings accounts ,Online Bank, Credit Union, Traditional Bank
Explanation
i)Online Bank-This is a banking platform where transactions are made or conducted electronically.They are well created financial website with a user-friendly interface which allows the customer or the client to be able to transact conveniently from the comfort of his/her place. The interest rates they offer to consumers on savings accounts are high compared to Credit Union, Traditional Bank
ii)Credit Union- These are financial organisations that are owned by members and with their main goal or aim is to make sure that their members receives convenient and competitive services. They are non profit making institutions owned by members. The interest rates they offer to consumers on savings accounts are lower compared to online bank but higher compared to Traditional Bank
iii)Traditional bank - These were the original banking institutions which included checking and savings accounts .They were mostly meant for deposits and loans and their main driver is profit. The interest rates they offer to consumers on savings accounts are the lowest compared to online bank and Credit Bank