Answer:
The correct answer is ($596.93 with a year of<u> 360 days</u>) or ($588.75 with a year of <u>365 days</u>)
Explanation:
First step: Divide the annual property taxes into the number of days in a year.
$1,776 ÷ 360 days = 4.9333 (price per day, With a year of<u> 360 </u>days)
$1,776 ÷ 365 days = 4.8657 (price per day, With a year of <u>365</u> days)
Second step: Multiply the price per day by the number of days of the closing, for this case May 1
Jan= 31 days
Feb= 28 days
March= 31 days
April= 30 days
May= 30 days (but the closing is on 1 May, for this month, count just 1 day)
= 31 (Jan) + 28 (Feb) + 31 (March) + 30 (April) + 1 (May) = 121 days until May 1
Third step: Price per day x number of days until closing
$4.9333 x 121 days = $ 596.93
$4.8657 x 121 days = $ 588.75
A Caribbean resort wishes to identify customers that can afford and have the most interest in taking tropical vacations. Using the VALS framework, the resort can develop a successful advertising campaign based on the <u>Underlying motivations</u><u> </u>of its target customers.
<u>Explanation:</u>
They are companies built around mission and vision. There is a driving factor causing the company to be founded with the main goal of helping people and changing the world. Regular and consistent confidence comes when you are building your company over an idea bigger than just earning money.
Thus here Caribbean resort is identifying the customers or targeting audiences who can afford and eager to have such vacations. They have decided to study all thus with VALS i.e. the framework for "Values and Lifestyles", which is a proprietary analysis approach used to classify psychographic audiences. Market segmentation is intended to assist companies in customizing their goods and services to target the customers who are most likely to buy them.
Answer:
free rider
Explanation:
In economics, a free rider is someone that benefits from using some service or good but is not doing anything to pay for his/her consumption of the service or good, i.e. they are using something for free and they do not wish to change that situation.
Free riders are much more common than what many believe, for example, people living in the suburbs that go into a city and use their public services, e.g. transportation, roads, police officers, parks, etc.
Answer:
The correct answer is $129,360.
Explanation:
According to the scenario, the given data are as follows:
List price of equipment = $120,000
Cash discount = $2,400
sales tax = $6,000
Installation charges = $1,760
concrete slab = $4,000
So, we can calculate the total cost by using following formula:
Total cost = $120,000 - $2,400 + $6,000 +$1,760 + $4,000
= $129,360
