Answer:
0.2840 or 28.40%
Explanation:
The formula for EAR= (1 + i/n)^n - 1
Where i= stated interest rate
n= number of compounding periods
In this case since the interest he paid is 1 cent, to convert it into percentage, we divide it by the dollar and multiply by 100
Note: 100 cent = 1 dollar
Therefore 4 dollars= 400 cents
To get the Interest rates= 1/400 x 100
= 0.25
n= 365 since we are computing daily
(1 + 0.25/365)^365 - 1
(1 + 0.000685)^365 - 1
(1.000685)^365 - 1
1.2840 - 1
0.2840 or 28.40%.
According to the scenario, Jim is concerned about the promotion endorsement.
<h3 /><h3>What is Promotion Endorsement?</h3>
It is a marketing strategy used by companies when using an influential person, such as a celebrity to carry out promotional advertisements for a brand, influencing consumers through the image of an admired person.
Therefore, it is ideal that the promotional endorsement is carried out in an aligned way to be effective, as the image of the individual and the values of the company must be compatible to generate the expected value.
Find out more about promotion endorsement here:
brainly.com/question/20364847
#SPJ1
Answer:
A, getting the lead out
Explanation:
The idiomatic expression to get the lead out means to move along quickly or as fast as possible.
Wachovia bank uses the tactics of charging $7 for teller use as a way to discourage lower-tiered customers from coming into the bank to enable the bank business move along quickly. This means that only higher-tiered customers are encouraged to use live teller services as it is believed that they are of higher value than lower-tiered customers as a result of the large amounts of money they have in the bank.
I hope this helps.
Answer:
145 millons free cash flow for the year
Explanation:
100 operating income
+ 15 depreciation (this expense do not involve cash, so they add up cash)
+50 long term asset sales (more cash in form of currency)
-10 capital expenditure (cash used purchase, mantaing or improve their assets)
-10 investment in working capital (we use it to adquire assets or pay liabilities)
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145 millons free cash flow for the year
Answer:
e. trialability
Explanation:
Trialability is the ability to give an idea, process, product, or system a trial before making a final decision.
It indicates the degree to which a product or innovation can be experimented by the customer before they finally buy.
Warby Parker has leveraged on this strategy by allowing customers browse frames on Warby Parker’s website and select five pairs they would like to try on before buying—or not. Warby Parker handles all the shipping costs and provides all the return packaging
