Answer:
1. ANSWER: 20,000
2. ANSWER: $400,000
3. ANSWER: $28.45
Explanation:
1. If the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million;and Topco, Inc. has a planned market share of 10 percent. Then, Topco have the potential to sell in this market 10% * $4 million / $20 = 20,000 units of the proposed cell phone.
2. The planned market share in dollars is 10% * $4 million = $400,000
3. If Atlantic Car Rental charges $29.95 per day to rent a mid-size automobile. Pacific Car Rental, Atlantic's main competitor, just reduced prices on all its car rentals. In response, Atlantic reduced its prices by 5 percent.
Now Atlantic's new cost of rental for mid-size cars is: 95% of $29.95 = $28.45
Usually, this will cause a price deduction to get rid of available products..? plse, dbl..chk
The answer is most definitely google docs
Answer:
$1,200
Explanation:
For this question, we use the unitary method that is shown below:
Given that
Conversion price = $1,000 par
And, the subordinated debentures is $40
And the present market price is $48
So, the present conversion value is
= Conversion price × the present market price ÷ the subordinated debentures
= $1,000 × $48 ÷ $40
= $1,200
