All categories

3 years ago

Ethnic markets are becoming more important to marketers because ______.

Business

1 answer:

AnnyKZ [126]3 years ago

6 0

The number of ethnic consumers is growing at a much faster rate than the overall society

You might be interested in

What are the relative merits of three trade agreements and alliances?

IgorLugansk [536]

What are the relative merits of three trade agreements and alliances? WTO governs international trade. NAFTA is with North America. EU is Europe's trading bloc.

Trade agreements are essentially pacts between various countries that allow of trade between them. The trade is constructed and based on setting up tax, tariff and treaty agreements that allow for the participants to have investments within the trade. Two or more countries participate on the terms of their trade agreements which allows them to trade with one another.

8 0

3 years ago

In 1895, the first Putting Green Championship was held. The winner’s prize money was $220. In 2016, the winner’s check was $1,46

ad-work [718]

Answer:

(i) 7.54%(Approx).

(ii) $8,995,138.42(Approx).

Explanation:

Given that,

Winner’s prize money = $220

In 2016,

Winner’s check = $1,460,000

We use the formula:

$A=P(1+\frac{r}{100} )^{n}$

Where ,

A=future value

P=present value

r=rate of interest

n=time period.

n = 2016 - 1895

= 121

(a)

$1,460,000=220(1+\frac{r}{100} )^{n}$

$(\frac{1,460,000}{220})^{\frac{1}{121} }=(1+\frac{r}{100})$

(1+r/100) = 1.075440035

r = (1.075440035 - 1) × 100

= 7.54%(Approx).

(b)

n = 2041 - 2016

= 25

$A=P(1+\frac{r}{100} )^{n}$

$A=1,460,000(1+0.075440035)^{25}$

= 1,460,000 × 6.161053698

= $8,995,138.42(Approx).

4 0

3 years ago

The Maurer Company has a long-term debt ratio of .31 and a current ratio of 1.70. Current liabilities are $870, sales are $6,290

Serhud [2]

Answer:

$ 3,912,531 TOTAL NONCURRENT ASSETS

Explanation:

BALANCE

$ 1,479,000 TOTAL CURRENT ASSETS

$ 3,912,531 TOTAL NONCURRENT ASSETS

$ 5,391,531 TOTAL ASSETS

$ 870,000 TOTAL CURRENT LIABILITIES

$ 1,671,375 TOTAL NONCURRENT LIABILITIES

$ 2,541,375 TOTAL LIABILITIES

$ 2,850,156 TOTAL SHAREHOLDERS SEQUITY

$ 5,391,531 TOTAL EQUITY & LIABILITIES

CURRENT RATIO 1,70

$ 1.479,000 TOTAL CURRENT ASSETS

============

$ 870,000 TOTAL CURRENT LIABILITIES

ROE 19,2%

$547,230 Net Income = Sales $6,290,000 * 8,7%

=====================

$2,850,156 TOTAL SHAREHOLDERS SEQUITY

DEBT RATIO 0,31

$ 5,391,531 TOTAL ASSETS

=============

$ 1,671,375 TOTAL NONCURRENT LIABILITIES

3 0

3 years ago

What are high-risk loans?

Elan Coil [88]

I think D

Step by step explanation

7 0

3 years ago

Present Value Computations

Rama09 [41]

Answer:

The present value on January 1, 2016, of $30,000 due on January 1, 2020, and discounted at 10% compounded annually is $ 20,490.40

The present value on January 1, 2016, of $40,000 due on January 1, 2020, and discounted at 11% compounded semiannually is $ 26,063.95

The present value on January 1, 2016, of $50,000 due on January 1, 2020, and discounted at 16% compounded quarterly is $ 26,695.41

Explanation:

The present value formula is given as PV=FV*(1+rs/t)^-nt

where FV is the future worth of the amount

rs is the stated interest

t is the number of compounding per year

n is the number of years of investment which 4 years in this case

PV of $30,000 compounded annually:

PV=$30,000*(1+10%/1)^-(1*4)=$20,490.40

PV of $40,000 compounded semiannually:

PV=$40,000*(1+11%/2)^-(2*4)=$ 26,063.95

PV of $50,000 compounded quarterly:

PV=$50,000*(1+16%/4)^-(4*4)=$26,695.41

7 0

3 years ago