Understanding a target customer base allows a company to

In 1924, the famous novelist F. Scott Fitzgerald wrote an article for the Saturday Evening Post entitled ?How to live on $36,000

Maksim231197 [3]

Answer:

$4,267,059

Explanation:

to determine the equivalent amount of money between 1924 and 2008, we must divide the 2008 CPI by the 1924 CPI, and then multiply by $36,000:

= (2015 / 17) x $36,000 = 118.53 x $36,000 = $4,267,059

The consumer price index measures the weighted price of basket of goods . It is useful for calculating inflation and comparing how the purchasing value of the US dollar has decreased in time. Basically what this shows us, is that $1 in 1924 would purchase the same amount of goods as $118.53 in 2008.

8 0

3 years ago

Xena is a manager at Ex fox Co. She finds two of her subordinates arguing about which format to follow for their power-point pre

Andrew [12]

Answer:

C. The Withdraw Style

Explanation:

The Withdraw or Avoid style is a style that completely evades a conflict. This style is mostly used or appropriate in the following conditions:

when the conflict is judged to be trivial, as in the question, Xena sees the issue as a trivial
it doesn't require much time to think,
the person invloved does not see the chance of winning the arguments in the conflict or
there is a fear of being met with resentment.

In the withdraw style, the conflict can be postponed indefinely or completely avoided anytime it comes up, In this style, the person involved oes not also see the need to pursue or enforce any beliefs but just allows the issue to go as it is.

Other styles include: Accomodating, Collaborating and Competing.

7 0

3 years ago

Wholesome Pet Food has successfully specialized for 20 years in high-quality pet food made from all-natural ingredients and orga

natta225 [31]

Answer:

a.

Explanation:

Based on the information provided within the question it can be said that the statement that is true from the ones provided is that Wholesome will probably be able to pass the cost on to its customers because they are less sensitive to price increases than the average buyer. Wholesome Pet Foods is a high quality provider, meaning that their products tend to be more expensive, and even still they have been incredibly successful because their clients do not mind paying more for better quality product. Therefore an increase in price will not affect their loyal customers.

7 0

3 years ago

Holly wants to have $200,000 to send a recently born child to college. She sets up a 529 plan and wants to know how much she mus

Yuliya22 [10]

Answer:

The amount Holly will have to invest less each year is $1,226.72.

Explanation:

This can be calculated using the following 3 steps:

Step 1: Calculation of monthly payment at 5% interest rate

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = P_5% * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount Holly wants to have = $200,000

P_5% = Annual investment at 5% = ?

r = Annual interest rate = 5%, or 0.05

n = number of years = 18

Substituting the values into equation (1), we have:

$200,000 = P_5% * (((1 + 0.05)^18 - 1) / 0.05)

$200,000 = P_5% * 28.1323846738217

P_5% = $200,000 / 28.1323846738217

P_5% = $7,109.24

Step 2: Calculation of monthly payment at 7% interest rate

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = P_7% * (((1 + r)^n - 1) / r) ................................. (2)

Where,

FV = Future value or the amount Holly wants to have = $200,000

P_7% = Annual investment at 7% = ?

r = Annual interest rate = 7%, or 0.07

n = number of years = 18

Substituting the values into equation (2), we have:

$200,000 = P_7% * (((1 + 0.07)^18 - 1) / 0.07)

$200,000 = P_7% * 33.9990325104648

P_7% = $200,000 / 33.9990325104648

P_7% = $5,882.52

Step 3: Calculation of the amount Holly will have to invest less each year

Amount to invest less each year = P_5% - P_7%

Amount to invest less each year = $7,109.24 - $5,882.52

Amount to invest less each year = $1,226.72

Therefore, the amount Holly will have to invest less each year is $1,226.72.

5 0

2 years ago

Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $70,600. The company's beginning merchand

dexar [7]

Answer:

$84,100

Explanation:

Haack incorporation cost of goods last year was $70,600

The beginning merchandise inventory was $16,500

The ending merchandise inventory was $30,000

Therefore the total amount of purchases can be calculated as follows

Cost of goods= beginning inventory + purchases-ending inventory.

70,600= 16,500+purchases-30,000

70,600-16,500= purchases - 30,000

54,100 = purchases - 30,000

54,100+30,000= purchases

Purchases= 84,100

Hence the total purchases is $84,100

3 0

3 years ago