Answer:
A high-end pricing policy or premium pricing should be the best pricing strategy for a company that specializes in one unique product. The High-end pricing policy sets a high price for products. The objective is to create a perception that the product is of high quality.
Explanation:
Hopefully that helps! If you got any questions about my answer lmk!
44% annual interest sounds too good to be true, but we'll work with it.
Don't know exactly how much is <span>$12 comma 00012,000.
I will work with $1,000,000 (one million). You can scale the results to the right amounts.
Future value = $1,000,000
i=0.44
n=88
Present value=$1,000,000/(1+0.44)^88=$1.159*10^(-8), not even one cent!
However, if the interest rate is 4% for 88 years (more likely), then
Present value=F/(1.04^88)=1,000,000/1.04^88=$317,000.50.
That's the amount you need to put in today to get $1000000 in 88 years at 4% APR (compounded annually).</span>
Answer:
$161 million
Explanation:
Given that,
Gross profit = $350 million
Operating expenses = $120 million
Tax rate = 30%
First, we need to find out the income before taxes by subtracting operating expenses from the gross profit then we are able to determine net income after taxes.
Income before tax:
= Gross profit - Operating expenses
= $350 million - $120 million
= $230 million
Net income after taxes:
= Income before tax - Taxes
= $230 million - (0.30 × $230 million)
= $230 million - $69 million
= $161 million
Answer:
The journal entries are made below;
Explanation:
May 1. Account Receivable-Beijing Palace Co. Dr.$18,900
Sales Revenue Cr.$18,900
Cost of Goods Sold Dr.$11,200
Inventory Stock Cr.$11,200
Aug 30. Cash Dr.$8,000
Bad Debt Expense Dr.$10,900
A/R-Beijing Palace Co. Cr.$18,900
Dec 8. A/R Beijing Palace Dr.$10,900
Bad Debt Expense Cr.$10,900
Cash Dr.$10,900
A/R Beijing Palace Co. Cr.$10,900
A bakery invests a portion of profits into sending its employees to a training on how to use more energy-efficient ovens that also can hold more baked goods. Hoping to achieve by investing in the training, the goal of the bakery is increase productivity. The new learning to employees will help them how to use more of the energy-efficient ovens and probably find a way that they won't have to waste more electricity and produce more baked goods.
The answer would be letter A.
