Answer: initially Sam gross profit would drop. But overtime when he starts gaining customers in his new branch added to the already existing customers in his old branch there would a very large gross profit increase.
Explanation: Gross profit is the percentage of revenue a company retains after accounting for cost of goods/services.
In this case payment of staffs in both the old and new branches would be accounted for, with the new branch still very much dependent on the old branch for payment of staff until it can get its own customers, only then would the new branch be able to be self reliant and also make profit.
Answer:
Target market.
Explanation:
Target market can be defined as a group of potential customers which a business directs it's marketing strategies. It can also be referred to as a group of customers to which a company wants to sell its varoius goods and services.
A target market are people that are willing to purchase a company's product, therefore the organization channels all their marketing campaigns to these group of people. Capturing a particular part of a market means that there will be less competiton for the organisation.
Answer:
Venus, Inc. is employing a push strategy.
Explanation:
This is a promotional strategy used by marketers to "push" their products into the customer and is often used when launching a new product. The idea is to make the product known to the public that <em>does not know</em> of it and is <em>not actively looking for it</em>. Companies often provide incentives to its distributors to give them <u>higher visibility</u> and set up <u>pont-of-sale displays.</u>
Answer:
$ 1,035.18
Explanation:
The price of the bond can be determined using the pv excel function as below:
=-pv(rate,nper,pmt,fv)
rate is the yield of 7.8%
nper is the number of coupons before the bonds are called which is 6
pmt is the annual coupon i.e face value*coupon rate=$1000*7.2%=$72
fv is the call price in six years' time which is $1099
=-pv(7.8%,6,72,1099)=$ 1,035.18
Answer:
Explanation:
Present value of Annuity will be used for this as the future payments are given after equal intervals.
PV of an Annuity = C x [ (1 – (1+i)^-n) / i ]
Where,
C is the cash flow per period
i is the rate of interest
n is the frequency of payments
add given Values in the formula:
$1,000 x [ (1 – (1+4%)^-12) / 0.04 ]= $9387.5 is the Answer
