Answer:
Getting a work-study job
Working at an on-campus job
Explanation:
The first option that will meet Matt's needs is to get a work-study job. A work-study job is like a financial aid program available in the universities to help students out of their financial needs. Work-study job is a part-time job that will enable Matt to work while studying at the University in California. It allows Matt to engage in a part-time job for some hours a week during his free time, like 20 hours a week while he studies in school and earns some money to subsidize the cost of his studies since Matt wants to avoid paying debt once he is out of school.
A work-study job is the best option for Matt's finance position because it will provide financial assistance for the cost of his education.
The other option for Matt is to work at an on-campus job. This is almost the same as a work-study job because it is a part-time job and carried out only in his free time. It is a part-time job done by students in the university while studying to help their financial needs. The only difference with the work-study job is that the job here will only be done on campus, unlike work-study job which can be done outside the campus. Here Matt will have to get a part-time job on campus and not outside the campus.
Answer:
Company ABC has two primary segments.
Explanation:
Market segmentation involves splitting up an organization's clients into groups by putting people with similar characteristics in one group.
Similar characteristics could be age,sex,level of income and even level of literacy.
By segmenting markets,an organization is able to identify the customers who contribute most to its bottom line and decide on how to deal with them so as to keep them satisfied and ensured their repeat business
Explanation:
an entrepreneur is always creative have ideas make best decision thinks before decision
Answer: y = 66x - 1200
Explanation: The charity organisation has to sell a number of tickets to cover their production costs of $1,200. It is given that after selling 200 tickets they retain a net profit of $12,000. Net profit is deduced as: Total sales - total costs. Sales is calculated as total tickets x selling price per ticket.
If we let b represent the sales earned from selling tickets, then:
Net profit = total sales - total costs
12,000 = 200b - 1,200
We can then solve for b by taking the 1200 to the other side of the equal sign. When we do that the sign of that number changes. This is also the same as adding 1200 to both sides of the equal sign:
∴12000 + 1200 = 200b
13200 = 200b
To get the price of one single ticket, b, we need to divide both sides by 200.
∴ b = 66
This means that each ticket's selling price is $66.
So when when we take it back to the calculation of net profit then it becomes:
Net profit = total sales - total costs
y = 66x - 1200
To test:
y = 66x - 1200
= 66 (200 tickets) - 1200
= $12,000
Answer:
Present value of lease payments is $17720.57
Explanation:
The value of lease payments can be treated as an annuity due as the lease payments qualify the criteria of annuity- the payment amount is constant, is paid after a constant interval of time and the time is definite and known.
So, we will use the formula for the present value of annuity due as the payments are being made at the start of the period. The formula for the present value of an annuity due is attached.
PV of lease = 3600 + 3600 * [ {1 - (1 + 0.17)^-(8-1)} / 0.17 ]
PV of lease = $17720.56848 rounded off to $17720.57
