Answer: trade shows
Explanation:
In marketing mix, the place is simply referred to as the process of movement if goods and services from the producer to the prospective consumers or consumers.
The place also refers to how ones good or service is bought and the place where it is being sold. The movement could be through intermediaries like distributors, the wholesalers, retailers etc.
In the above, the place will be the trade shows.
The concept of market conduct includes such things like profit , loss and assest growth targets.
Explanation:
Market conduct is used in insurance industry to describe the problems that are related to the sale and distribution of insurance. It deals with the pricing and promotion strategies based on the players in the market related to their aim , objective and desicion making process.
Based on this concept all consumers are seen as potential customers with similar needs. They have proper regulations to check the customers are charged fair and reasonable insurance prices.
They will also ensure whether the consumers have access to beneficial and compliant insurance products.
Answer:
Results are below.
Explanation:
To determine whether the project should be accepted or not, we need to calculate the net present value. <u>If the NPV is positive, the project should be accepted.</u>
<u>To calculate the NPV, we will use the following formula:</u>
NPV= -Io + ∑[Cf/(1+i)^n]
Cf1= 9,800/1.0975= 8,929.38
Cf2= 16,400/1.0975^2= 13,615.54
Cf3= 21,700/1.0975^3= 16,415.20
Total= $38,960.12
NPV= -38,700 + 38,960.12
NPV= 260.12
<u>The project is profitable. </u>
Letter of credit that can be split up between many suppliers, each able to present their own documents for payment and allowing the trader to take his profits from the balance of the credit, is called Transferable Letter of Credit
.
Explanation:
Transferable Letter of Credit is a credit document in which the party can transfer the credit in full or partial to another beneficiary.
A transferable credit letter that enables a receiver to further pass all or part of the payment to another supplier in the chain or to some other receiver. This usually occurs when the recipient is merely a conduit to the actual supplier. Such LC allows the beneficiary to have their records, but to further pass the credit.
Answer:
$3,000
Explanation:
Per IRS form 8829, allocation of total expense to home office can be arrived by dividing the total usable area of home by the work area to get the percentage of expenses allocable to home office.
So, 250 square feet / 1500 square feet = 16.6666666%
Total expenses incurred;
Rent $12,000
Utilities 4,800
Maintenance 1,200
—————
Total $18,000x16.6666666%=$3,000
or simply, $18,000 x 250/1500 = $3,000 (to be exact in decimal points)
