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3 years ago

________ is a marketer's tool in assessing products in terms of suitability for a market.

1 answer:

3 0

Surveys. Marketers can gather a rather accurate and broad account of the products they offer through surveys because the data size can be extremely large. Incentives can be offered so the surveys can be answered truthfully.

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The following account balances were taken from the adjusted trial balance of Kendall Company: Revenues $ 22,400 Operating Expens

dsp73

Answer:

Retained earnings-Closing = $19,900

Explanation:

Given that,

Revenues = $22,400

Operating Expenses = $15,000

Dividends = $4,500

Retained Earnings(opening) = $17,000

Net Income = Revenues - Operating expenses

= $ 22,400 - $15,000

= $7,400

Statement of Retained Earnings:

Retained earnings-Closing:

= Retained earnings -opening + Net Income - Dividends

= $17,000 + $7,400 - $4,500

= $19,900

7 0

3 years ago

_____1. The price paid for the use of someone else’s property.

jonny [76]

The correct term to fill in the blank would be rent. The price paid for the use of someone else's property is called rent. It is a periodic and fixed amount of money paid by one that uses the possession of one.

7 0

4 years ago

Consider an offer to supply 5 paintings per year to an art gallery in Rome for the next five years. The contract is exclusive, m

IceJOKER [234]

Answer:

I will accept the offer if the price per painting is $56,312.41 or higher.

Explanation:

We will calculate the present value of the other option which is, selling our painting as a freelancer.

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 315,000.00

time 5

rate 0.2

$315000 \times \frac{1-(1+0.2)^{-5} }{0.2} = PV\\$

PV $942,042.8241

Now, we subtract the signing bonus of 100,000

942,042.83 - 100,000 = 842,042.83

And solve for the annual proceeds from the painting we need to equalize the opportunity cost:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 842,042.83

time 5

rate 0.2

$842042.83 \div \frac{1-(1+0.2)^{-5} }{0.2} = C\\$

C $ 281,562.03

Now, we divide by the 5 painting per year:

$281,562.03 per year / 5 painting per year = $56,312.41

3 0

3 years ago

Why might buying a home during a recession be a good decision for some consumers? Check all that apply. a. Housing prices are do

andreev551 [17]

Answer:

a. Housing prices are down.

c. Less demand means more options for buyers.

d. Less demand means less competition with other buyers.

Explanation:

During a recession in the economy, the aggregate demand is on a lower side. This makes the housing prices lower. Lower prices due to lower demand, imply more options for the buyers. Lower demand indicates less competition with other buyers for a buyer.

Hence, all (a), (c) & (d) are the main solutions to the problem, that's why it's easier to get a mortgage.

5 0

3 years ago

Read 2 more answers

Watson consulting, llc is a consultancy to consultants. They have bonds which have a face value of $1,000. The bonds carry a 3.5

Montano1993 [528]

Answer:

The current market price is $ 883.08

Explanation:

The current market price can be ascertained using the pv excel function as follows:

=-pv(rate,nper,pmt,fv)

rate is the semiannual yield to maturity which is 5%/2

nper is the number of semiannual coupons in the bond i.e 10*2=20

pmt is the semiannual coupon=3.5%*1/2*$1000=$17.5

fv is the face value of the bond

=-pv(5%/2,20,17.5,1000)=$ 883.08

3 0

3 years ago

​________ is a​ marketer's tool in assessing products in terms of suitability for a market.

________ is a marketer's tool in assessing products in terms of suitability for a market.