Answer:
Purpose of business is to increase general well being of people by selling goods and services.
Explanation:
The main purpose of business is to increase well being of people, make profits for its stakeholders and offering value for money to its customers or clients through products and or services. The products and services provided by the company should not harm its customers and clients instead these products and services should provide benefits to its users and satisfy their needs. While making profits a company should keep scarce resources in mind so the needs of the future generation is not compromised also it does not harm the environment by its poisonous wastage. Every business requires some form of investment as an input though which quality output can be provided to its customers and clients.
Option answer:
d. Interest = $10.64 and New Balance = $360.64
Answer:
A = $360.64
A = P + I where
P (principal) = $350.00
I (interest) = $10.64
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 1.5/100
r = 0.015 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 350.00(1 + 0.015/4)(4)(2)
A = 350.00(1 + 0.00375)(8)
A = $360.64
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $350.00 at a rate of 1.5% per year compounded 4 times per year over 2 years is $360.64.
Energizer emphasizes the importance of a relationship marketing. Why? Relationship marketing builds brand loyalty, interaction and long-term engagement from consumers. Energizer used this method from the beginning wanting to connect with their audience and build one-on-one relationships. The Energizer Bunny came about to promote their brand and customers connected and now recognize the Bunny as part of Energizer.
Answer:
Explanation:
While buying a computer , the potential purpose and usage of the computer should as well as the component of the computer to buy should be considered in order to make a right selection .
As graphics designing software is processor intensive , a processor with a very high speed of at least 1 Ghz and an adequate RAM to aid faster process at once , minimum of 8Gb is required.
However , considering the function of a secretary which is to track billing and hours , a computer with a slower process will definitely perform the task
The break-even point in units using the mathematical equation is 2,000 in units and the unit contribution margin is 80 per unit.
<h3>Break even points in units</h3>
a. Break-even point in unit
Using this formula
Break-even point in unit=Fixed cost/(Selling price-Variable cost)
TC = FC + VC
Sales - TC = Net Income
Sales - TC = 0
Sales - FC - VC = 0
2500(Q)-160,000-170(Q) = 0
80(Q)-160,000 = 0
80(Q)=160,000
Q=160,000/80
Q=2,000 break-even in units
b. Unit contribution margin
Unit contribution margin = Selling price- Variable cost
Unit contribution margin= $250 - $170
Unit contribution margin =$80 per unit
Inconclusion the break-even point in units using the mathematical equation is 2,000 in units and the unit contribution margin is 80 per unit.
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