Providing "and to whom" can be risky because it does not specify an exact name, and anybody who is in that position at a later time, can be affected by whatever is being referred.
Answer:
$46.31
Explanation:
Calculation to determine the current share price
Using this formula
Current share price=6.5*Present value of annuity factor(9.1%,12)
Present value of annuity=Annuity*[1-(1+interest rate)^-time period]/rate
Let plug in the formula
Current share price=6.5*[1-(1+0.091)^-12]/0.091
Current share price=6.5*[1-(1.091)^-12]/0.091
Current share price=6.5*7.124793
Current share price=$46.31
Therefore the current share price will be $46.31
Answer: Air travel is a normal good and vacation travel by car is an inferior good
Explanation: What is a normal good and what is an inferior good.
Normal goods are those goods for which the demand rises as consumer income rises. While inferior goods are goods whose demand increases when consumer income decreases.
This therefore means that the demand of inferior goods is inversely related to the income of the consumer.
From the question above, we can say that car trips are inferior goods while the air travel are normal goods.
Answer:
The operating income will be:
Total contribution($2.50 x 29,000) = 72,500
Less: Fixed cost = 31,200
Operating income = 41,300
Explanation:
The contribution per unit is $2.50. This per unit contribution will be multiplied by the number of units produced and sold in order to obtain total contribution. Operating income is the excess of total contribution over fixed cost.
Answer:
process that seeks to improve the performance of primary and support processes.
Explanation:
Development process is defined as a seeks improvement of primary and support activities by using strategy, organisation, marketing, conceptualisation, plan creation, evaluation, and commercialisation of a product or process.
Development process is used by firma to convert viable ideas to profitable products.
Innovative ideas are generated by the companie's team, and through critical evaluation the best and most commercially viable option is chosen for further product development.
This is a cycle that is continous and gives the innovative company a competitive edge.