We are required to calculate the collection to be made in the month of May.
Based on the credit policy, the collections for the month of May will be as follows:
10% of March Sales - No Information Available
60% of April Sales = 60,000 * .6 = $36,000.
30% of May Sales = 80,000 * .3 = $24,000.
Therefore, the total collection for May is $60,000 (36,000 + 24,000).
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Answer:
(B) a cash cow
Explanation:
Based on the information provided within the question it can be said that in this scenario AI Rubber would be considered a cash cow. This term refers to a business and/or product that generates a steady revenue or profit for the owning company or individual. Since AI Rubber has a 45% market share we can say that they are the cash cow of the corporation.
Answer: Marketers generally have to to deal with the expensive nature of using differentiated marketing strategies.
Explanation: Marketing for different cultures and ethnicities can be a great ordeal. Apart from having to design tailor made services to different target groups there is also a slim chance that local ethnic groups may find differentaited marketing offensive.
For Instance, a new airline in UAE designs different packages for low income earners and middle class earners. Comprising both of different sexes. However, it is a culture in UAE that women are not be seen around men. This poses as a potential threat to business.
The airline would now have adjust their packages to be gender specific.
Green fund with year 1return of -9.5℅ and year two return of +10℅
Principle is the amount borrowed or invested in or from a bank or a financial institution. In this case the principle is $ 25,000, interest rate is 8% and the interest period is 5 years.
Thus amount to be paid after a period of 5 years will be 25,000 ( 1 +0.08)∧5
= 25,000 (1.08)∧5
=25,000 × 1.4693
=$36,733.20
To calculate the interest we subtract the principle sum from the Amount to be paid.
= $36733.20- $25000=11733.20
Therefore, interest =$ 11733.20
