Answer:
Jeremy should consider hiring an experienced and creative marketing team. Every product is brought into the market through the efforts of the market team. It is the responsibility of the sales and marketing team to carry out market analysis and come with creative ideas to reach the target market.
For Jeremy to increase sales and his connection with the customer base, he needs to work on establishing a sales and marketing department whose sole focus would be to convert his plans into effective actions.
Answer:
C: 4
Explanation:
The computation of the payback period is shown below:
Incremental investment in truck 2 is
= $44,000 - $31,000
= $13,000
Now
Year Cash saving in cost Cumulative
1 -$1,000 -$1,000
2 $4,000 $3,000
3 $5,000 $8,000
4 $5,000 $13,000
5 $3,000 $16,000
6 $3,000 $19,000
7 $2,000 $21,000
Explanation:
Tourism has become one of the main income sources for many developing countries like Nepal. Nepal has great potential to become a top destination for tourists as the nation is famous for its snowcapped mountains, abundant flora and fauna, exciting trekking routes and rich cultural and religious diversity.
Answer:
The main difference between accounting and economic Profit is that accounting profit refers to monetary revenue minus monetary costs which includes any type of cost in the organization in the form of rents, salaries, material costs etc. Economic profit refers to the monetary revenue minus total cost.
Explanation:
