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vaieri [72.5K]
3 years ago
12

Cheryl Adams is having trouble defining her target market for the bookstore she's opening in her town, which is home to a small

college, a retirement community, and a year-round tourist industry. By deciding to hire a marketing firm to handle the research, Cheryl will probably A. learn a lesson to go with her hunches. B. ruin her budget because of the expense. C. miss opportunities she might have taken a chance on. D. save more money than she spends on the professional research.
Business
2 answers:
Juli2301 [7.4K]3 years ago
8 0

The correct option is D. save more money than she spends on the professional research.

Karolina [17]3 years ago
4 0
The most viable target for her to engage will be the college students and their age group. In this way, she can also tap the tourist market without really having to do much. Hope this helps! Please put Brainliest! Have a great Day!
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Answer:

ROI 87.5%

Explanation:

Return on Investment = return /investment

Total return

50,000 perating income + 20,000 residual income = 70,000 income

The asset could been adquire on lease or through liabilities, this is not investment. The investmetn made is the one done by the shareholders.

Stock Holders equity = investment = 80,000

The shareholders invest this amount to generate

70,000 dollars of return

ROI  70,000/80,000 = 87.5%

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Your investment has a 20% chance of earning a 30% rate of return, a 50% chance of earning a 10% rate of return, and a 30% chance
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Answer:

9.2%

Explanation:

expected return of the investment = potential return x chance of each return happening

Expected return of the investment:

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  • 50% chance of occurring x 10% potential return = 0.5 x 10% = 5%
  • 30% chance of occurring x -6% potential return = 0.3 x -6% = -1.8%
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Which of the following is a possible punishment for copyright infringement? a. Jail time. c. Expulsion or Termination. b. Fines.
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The following data are from the accounting records of Niles Castings for year 2: Units produced and sold 80,000 Total revenues a
Kruka [31]

Answer:

Gross Margin = $ 115,000 Contribution Margin= $ 144,500

Explanation:

Nile Castings

Income Statement

Year 2

Sales Revenue                                                           $ 270,000

Direct Materials                                                            $63,000

Direct Labor                                                                 $ 33,000

Variable Manufacturing Overheads                            $ 18,000

Fixed Manufacturing Costs                                        <u>  $ 41,000</u>

Gross Margin                                                                $ 115,000

Less Marketing & Administrative Costs

Fixed Marketing Costs                                                 $ 38,000

Variable Marketing Costs                                         <u>   $ 11,500</u>

<u>Net Profit                                                                    $ 65,500</u>

Nile Castings

Income Statement Under Absorption Method

Year 2

Sales Revenue                                                           $ 270,000

Direct Materials                                                            $63,000

Direct Labor                                                                 $ 33,000

Variable Manufacturing Overheads                            $ 18,000

Variable Marketing & Administrative Costs               <u> $ 11,500</u>

Contribution Margin                                                  $ 144,500

Less Fixed Costs

Fixed Manufacturing Costs                                       $ 41,000

Fixed Marketing Coss                                               <u>  $ 38,000</u>

<u>Net Profit                                                                    $ 65,500</u>

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3 years ago
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