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max2010maxim [7]
4 years ago
14

What is the apr on a loan that charges interest at the rate of 1.4% per month?

Business
1 answer:
anyanavicka [17]4 years ago
5 0
The APR stands for the Annual Percentage Rate.  To find the APR (12 months) on a loan that charges interest at the rate of 1.4% per month you will need to multiply the monthly rate of 1.4 by 12 months. 1.4 x 12 months = 16.8% APR
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Assume yourself as a Marketing Specialist of a Company and Determine the New Product Development Process by manufacturing a New
Gwar [14]

Explanation:

Assuming my company produces body care products and decides to introduce a new product–a toothbrush, the development process would involve:

1. Idea Generation:

It smbegins with an idea or imagination of what the ideal toothbrush would be, what problem would it solve for consumers. The idea could be random or it could be as a result of an identified need.

2. Idea Evaluation:

Remember, it is one thing to have an idea but another to have an idea that would work. Therefore, quality time would be taken to separate workable ideas about the ideal toothbrush from bad ones. This idea evaluation process is a very useful stage in the product development process.

3. Concept Development and Testing:

Remember, testing the concept about the new toothbrush allows for an expanded idea. The prototype of the toothbrush would be tested with consumers to find out whether the idea is worth the effort. Their feedback would be noted to improve the product further.

4. Marketing strategy

5. Final Product development

6 0
3 years ago
EXCESS CAPACITY Williamson Industries has $7 billion in sales and $1.944 billion in fixed assets. Currently, the company’s fixed
Lubov Fominskaja [6]

Answer:

a. <u>Calculation of level of sales</u>

Level of sales = Sales / Operating capacity

= 7,000,000,000/90%

= $7,777,777,777.78

b. <u>Calculation of Target fixed Assets/Sales ratio</u>

Fixed assets sales ratio = Fixed assets / Level of sales

= 1,944,000,000/7,777,777,777.78

= 0.249942857

= 0.25

c. <u>Calculation of Increase in Fixed assets</u>

Increase in fixed assets = Fixed assets sales ratio * (Increase in sales - Level of sales)

= 0.249942857 * (7,000,000,000*1+15% - 7,777,777,777.78)

= 0.249942857 * (8,050,000,000 - 7,777,777,777.78)

= 0.249942857 * 272,222,222.222

= $68,040,000.

8 0
3 years ago
Subway, the sandwich shop, is run by Jim, Tim and Kim. When a customer arrives, Jim spends 5 minutes taking order from the custo
Marizza181 [45]

Answer:

22 minutes minimum time

Explanation:

In the given scenario Subway sandwich shop has given its processes and time of each process.

We are to calculate the minimum time it will take to process a order. So we add all the times

Below is breakdown of the process time

Jim take orders 5 minutes

Tim prepares bread and Kim prepares filling for the order 7 - 10 minutes. We use 7 minutes since we are looking for minimum time.

Jim then assembles the bread 5 minutes

Time delivers order and takes payment 5 minutes

Total time = 5 + 7 + 5 + 5 = 22 minuites

6 0
3 years ago
When channel members are linked by legal agreements that specify each member's rights and responsibilities, ____ exists.
Ne4ueva [31]

Answer:

D. a contractual VMS

Explanation:

  • A contractual VMS is a Vertical Marketing System that is formed by the individual firms operating at different channel layers.
  • Has integrated operations at a contractual basis and each layer helps in the achievement of the economy of scale by the integration of their operations.
  • <u>Hence they share their rights and responsibilities be it the producer, the wholesaler, or the retailer thus having all the elements of production and distribution channel fall in a single ownership in their legal agreements.</u>
4 0
4 years ago
Who is this guy please help me!!!!!! As Soon As Possible
Virty [35]

Answer:

This guy is Steven Cree. Steven Cree is an Scottish film and theater actor. Cree began his career in 2001 by playing a guest starring role in a comedy series. In 2009. he moved on from television screen to feature in film roles and played many characters in different films such as  Antonio Vivialdi in Condor Pictures' Vivaldi. Apart from television and films, Steven Cree is also known for his exceptional work in theater.

6 0
3 years ago
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