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Zarrin [17]
4 years ago
8

Vitafluid, a health drink, is available at all supermarkets. After research, the marketing team of the branddiscovered that 90 p

ercent of its customers were people between the ages of 30 and 40.Only 10 percent of teenagers liked the drink; the rest disliked it because of its bitter flavor. To attract more teenagers, the brand made its packaging more appealing and modified the formula to make it sweeter. In this scenario, the teenage group can be referred to as a ________.​
Business
1 answer:
Vsevolod [243]4 years ago
5 0
In this scenario, the teenage group can be referred to as a minority.

The majority of people who like the drink are no teenagers. The majority of drinkers are 30-40.

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Sage Company borrowed $3,000,000 on March 1 on a 5-year, 12% note to help finance construction of the building. In addition, the
valina [46]

Question:

Riverbed Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $5,400,000 on March 1, $3,600,000 on June 1, and $9,000,000 on December 31. Riverbed Company borrowed $3,000,000 on March 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 5-year, $6,000,000 note payable and an 11%, 4-year, $10,500,000 note payable. Compute avoidable interest for Riverbed Company. Use the weighted-average interest rate for interest capitalization purposes.

Answer:

The total avoidable interest is $743,040.00

Explanation:

Here we have        

Date         Expenditure              Period         Portion

Mar-01     $5,400,000.00         10/12     $4,500,000.00

Jun-01     $3,600,000                7/12             $2,100,000

Dec-31    $9,000,000                0/12            $0

Total                                                               $6,600,000.00

The weighted average expenditure is  $6,600,000.00

The weighted average rate using the notes payable loan is found by the following calculation

Type of loan Amount             Interest rate Interest incurred

Loan               $6,000,000             10%            $600,000.0

Loan               $10,500,000            11%             $1,155,000.00

Total              $16,500,000                                $1,755,000.0

Weighted average rate = Total interest incurred / Total loans

Weighted average = 1755000/16500000 = 0.10636 = 10.64%

The general interest is found by subtracting the specific loan from the weighted average expenditure

General = Weighted average expenditure - Specific loan

General =  $6,600,000.00 - $3,000,000 = $3,600,000.00

The avoidable interest is found  by summing the specific interest to the weighted average interest as follows

Type of loan    Amount            Interest rate Interest incurred

Specific            $3,000,000   12%   $360,000.00

General            $3,600,000   10.64% $383,040.0000

Total                                                               $743,040.00

The total avoidable interest = $743,040.00

5 0
3 years ago
Forey, Inc. competes against many other firms in a highly competitive industry. Over the last decade, several firms have entered
crimeas [40]

Answer:

The market that characterizes the industry in which Forey competes is a market where competition is at its greatest possible level and it is a perfectly competitive market and the reason is because its returns decrease with the entering of new firms, also four-firm concentration ratio and Herfindahl Hirschman index are both quite small, so no one has significant market power to set or even influence the market price. In the short-run Forey Inc’s profit will decrease as more and more new firms enter the market and in the long-run Forey Inc will receive only normal (zero) economic profit.

4 0
3 years ago
What is the maximum amount a 45-year-old taxpayer and 45-year-old spouse can put into a Traditional or Roth IRA for 2019 (assumi
puteri [66]

Answer:

If you are single, head of household or married filing separately, your contribution limit of $5,500 begins to phase out when your modified AGI reaches $61,000 and is zero beginning at $71,000. If you are married, filing jointly, or a qualified widow or widower, your contribution limit of $5,500 begins to phase out when your modified AGI reaches $98000 and is zero beginning at $118,000. So since they dont have an income limitation and are not covered by another pension plan, they both should be able to contribute $5,500 for a combined result of $11,000 to a Roth IRA

8 0
3 years ago
Read 2 more answers
What is interest earned on bonds called?
____ [38]
They are called fix income securities 
8 0
4 years ago
Suppose the civilian noninstitutionalized working age population is 35.9 million in Laborland, 4.6 million are working part time
frozen [14]

Answer:

The answers are:

A) 25.23 million people

B) 70.28%

C) 4.92 million people

D) 19.50%

Explanation:

Laborland's total labor force can be calculated by adding those who are employed and those who are unemployed but were searching for a job during the last month.

  • 4.6 million (part-time employed) + 15.71 million (full-time employed) + 3.2 million (looked for a job two weeks ago) + 1.72 million (looked for a job between two and four weeks ago) = 25.23 million people

Laborland's labor force participation rate can be calculated by dividing the labor force by the total population.

  • (25.23 million / 35.9 million) x 100% = 70.28%

Laborland's total unemployed can be calculated by adding the number of people without a job that searched for a job during the last month.

  • 3.2 million + 1.72 million = 4.92 million people

Laborland's unemployment rate can be calculated by dividing the total number of unemployed people by the total work force.

  • (4.92 million / 25.23 million) x 100% = 19.50%

6 0
3 years ago
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