Answer: 13.2%
Explanation:
Given data:
No of stores in the market = 5000
No. of store owners = 2000.
Allison charges = $8/month
Sam charges = $8/month.
Solution:
The market penetration rate would be calculated based on potential customers.
Using our general formula,
Market penetration=Numbers of customers who purchased Allison derived sales and Sam derived sales /Total potential population
Where,
Total potential population=1,500
•Allison derived sales = 129 customers
•Sam derived sales = 69 customers
•Numbers of customers who purchased Allison derived sales and Sam derived sales=129 customers+ 69 customers
•Numbers of customers who purchased Allison derived sales and Sam derived sales =198 customers
Let’s input this into our general formula.
Market penetration
= 169 customers/1,500
= 0.132*100
= 13.2%
The market penetration rate based on potential customers is 13.2%
Answer:
The business cycle is crucial for businesses of all kinds because it directly affects demand for their products. Boom: high levels of consumer spending, business confidence, profits and investment. Prices and costs also tend to rise faster. Unemployment tends to be low as growth in the economy creates new jobs.
Answer:
controlling
Explanation:
Based on the information provided within the question it can be said that the manager is performing the management function known as controlling. This function focuses on analyzing a situation and checking for errors in order to be able to take corrective actions. Which in this scenario, by seeing that the outfield star is having a problem getting hits, the manager can now take appropriate measures to try and solve this problem.
The amount of the stock price that will be reflected in the PVGO is $10
The value of an organization's potential future growth is symbolized by the acronym PVGO, or "present value of growth opportunities." It represents the potential value for the organization by reinvesting its earnings back into the business.
Expected Dividend payment (D) = $2.50
Total Earnings (E) = $4
Rate of return (ROR) = 20%
Step 1. Using no growth rate (GR), computing the stock price (SP)
Since the growth rate is not specified, 0% is taken as the default value.
The stock price (SP) = E/ROR
= $4 / 20%
Stock price = $20.
Step 2. Computing the SP reflected in PVGO.
So, total SP with no GR
= $30 - $20
Stock price with no growth rate = $10
Hence, the $10 will be reflected in the PVGO
Learn more about PVGO:
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Answer:
A. The first cash flow of an annuity due is made on the first day of the agreement.
G. The last cash flow of an ordinary annuity is made on the last day covered by the agreement.
Explanation:
The computation is shown below:
As we know that
Future value after 4 years is
= Annual deposit × Cumulative FV factor at 9% for 4 periods of an ordinary annuity
= $6,000 × 4.57313
= $27,439
Therefore the above statements are true and the same is to be considered
Hence, all other statements are incorrect