Market share is the part of the total sales held by one seller.
For example, a monopolist holds 100 percent of total sales. The 100 percent refers to the market share. In a monopoly, only one business has the good or service that is being offered in the market. Thus, consumers have no other choice but to purchase said good or service from the monopolist.
Answer:
27%
Explanation:
The actual rate being charge on these loans is the effective annual rate and the formula to calculate it is:
i=(1+(r/m))^m−1
i= effective annual rate
r= interest rate in decimal form=0.24
m=number of compounding periods per year= 52 (a year has 52 weeks).
i=(1+(0.24/52))^52-1
i=1.27-1
i=0.27
According to this, the answer is that the actual rate being charge on these loans is 27%.
Answer:
$87,650
Explanation:
The computation of the dollar amount of returns and allowances is shown below:
= Gross sales for store B × customer returns and allowances percentage
= $876,500 × 10%
= $87,650
By multiplying the gross sales with the customer returns and allowances percentage we can get the dollar amount with respect to the returns and allowances and the same is to be considered
The correct answer is layers of management. Layers of
management is defined as a centralized, bureaucratic organization structure by which
it is composed of three levels of management that are; top-level, middle level,
and first level managers that are less top level managers.
Financial literacy is the set of skills and knowledge needed to make INFORMED DECISION about money matters. The correct option is A.
Financial literacy refers to an education that empowers one with knowledge and understanding about how to manage money in an efficient manner. It enables one to make financial decisions that are based on facts and not emotions. Financial literacy involves acquiring skills in making appropriate financial decisions which can involve any of the following: budgeting, insuring, investing, tax planning, retirement, etc.
