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Oksanka [162]
3 years ago
5

Cono-Cool air conditioners cost $350 to purchase, result in electricity bills of $160 per year, and last for 5 years. Luxury Air

models cost $550, result in electricity bills of $120 per year, and last for 8 years. The discount rate is 21%.
a. What are the equivalent annual costs of the Econo-Cool models? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

b. What are the equivalent annual costs of the Luxury Air models? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

c. Which model is more cost-effective? Econo-Cool Luxury Air

d-1. Now you remember that the inflation rate is expected to be 10% per year for the foreseeable future. What are the equivalent annual costs of the Econo-Cool and Luxury Air models? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

d-2. Which model is more cost-effective? Econo-Cool Luxury Air
Business
1 answer:
tatuchka [14]3 years ago
7 0

Answer:

a) The equivalent annual costs of the Econo-Cool models= $436.50

b) The equivalent annual costs of the of Luxury Air models = $515

c)Econo-cool model

d 1 .(i) $464.15

      (ii) $597.95

d 2 . Econo-cool model

Explanation:

a) Econo-cool model

Purchase price= $350

Discount =21%

Electricity bill= $160 per year

Annual cost per year will be

$350 * 79/100 =$276.50 ------after applying the 21% discount

$276.50+$160 =$436.50 -------after adding electricity cost per year

The equivalent annual costs of the Econo-Cool models= $436.50

b) Luxury Air Models

  Purchase price at the shop=$550

  Discount =21%

  Buying price =79/100*$500 = $395

 Electricity cost = $120 per year

 Annual cost = $395+$120 =$515

The equivalent annual costs of the of Luxury Air models = $515

c) The Econo-cool model

d (1) Econo-cool model

$350 *110/100 =$ 385 -----due to inflation

Apply the discount = 385*79/100 =$304.15

Add the cost of electricity = $304.15+$160 =$464.15

For Luxury Air model

$550*110/100 =$605

Apply the discount = $605*79/100 =$477.95

Add electricity bill = $477.95 +$120 =$597.95

d(2) Econo-cool model

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Answer:

b. attempts to provide a product with greater customer value than the first mover.

Explanation:

In marketing, it is believed that the first mover gains an edge over the followers. A first mover is the initial entrant and provider of products and services catering to a marketing segment.

A second mover refers to the immediate next of the first mover. The advantage second mover has over the first mover being, it can analyze the response the first mover generated and effectively gauge what went right and what went wrong for the first mover.

This way, the second mover can provide improved products than the first mover by not committing same errors as the first mover.

5 0
3 years ago
Yasmin listed a house at a 6% commission rate, and it just sold for $463,500. Her brokerage and the buyer’s agent’s brokerage sp
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Answer:

$8,343

Explanation:

Calculation to determine How much did Yasmin earn from this transaction

First step to calculate the Total commission from sale

Total commission from sale= ($463,500 × 0.06)

Total commission from sale=$27,810

Second step is to calculate Yasmin's firm's share

Yasmin's firm's share= ($27,810 ÷ 2)

Yasmin's firm's share=$13,905

Now let calculate How much did Yasmin earn from this transaction

Yasmin's Earning = ($13,905 × 0.60)

Yasmin's Earning=$8,343

Therefore the amount that Yasmin earn from this transaction is $8,343

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Leonore's Luxury Leather Footwear Corp. conducted a SWOT analysis and determined that at least 57% of consumers would demand hig
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Answer: Forecast.

Explanation:

The predicted increase in sales of of the Leonore's Luxury Leather footware is an example of a forecast of future events. A forecast is an estimation of an event or trend that would possibly occur in the future.

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3 years ago
You own an e-commerce site that sells skis and related winter sports gear. You gather your team of six employees and ask them to
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The great ideas for improving engagement on the website can be tried, EXCEPT Sponsoring a giveaway for a free pair of skis.

Instead of sponsoring a giveaway for a free pair of skis, your e-commerce site should employ integrated marketing.

<h3>What is integrated marketing?</h3>

Integrated marketing involves aligning all marketing tactics with a unified, customer-focused promotional messaging, enabling a consistent customer experience with your sports gear brand.

The advantages of integrated marketing include increasing:

  • Brand awareness
  • Brand loyalty
  • Sales volume and revenue.

Thus, the great ideas for improving engagement on the website can be tried, EXCEPT Sponsoring a giveaway for a free pair of skis.

Learn more about integrated marketing at brainly.com/question/9696745

3 0
2 years ago
Melba purchases land from Adrian. Melba gives Adrian $225,000 in cash and agrees to pay Adrian an additional $400,000 one year l
Scorpion4ik [409]

Answer:

  • Melba's adjusted basis for the land at the Acquisition date is $625000
  • Melba's adjusted basis for the land one year later is $645000

Explanation:

The adjusted basis for a property/land is the net cost of the property after adjusting for factors that might attract tax as related to the land

The adjusted basis for the land at the acquisition date is the net cost of the land at the acquisition date which will be ( $225000 + $400000 ) because that was the net cost of the Land at the date of acquisition before an agreement was later reached by Melba requiring him to pay $400000 plus an interest of 5%

Hence the adjusted basis for the land one year later will be

=  ( $225000 + $400000 ) + 5% of $400000

= ( $625000 ) + $20000

= $645000

6 0
3 years ago
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