Answer:
strategy 2
Explanation:
According to the scenario, computation of the given data are as follow:-
Particular Revenue from Low-value customers Add Revenue from high-value customers Total revenue from strategy
Accessories 1 Accessories 2
Strategy 1
($32 doll+$32 accessory) $32 ×1 + $32 × 1 + $32 × 1 + $32 × 2
$32 + $32 $32 + $64
= $64 = $96
Total = $64 + $96 = $160
Strategy 2
($3 doll + $61 accessory) $3 × 1 + $61 × 1 + $3 × 1 + $61 × 2
$3 + $61 $3 + $122
= $64 = $125
Total = $64 + $125 = $189
According to the analysis, strategy 2 gives more revenue than strategy 1.
Answer:
change in demand; shift of the demand curve.
Explanation:
We know that income elasticity of demand derives by considering the percentage change in quantity demanded and percentage change in income
In mathematically,
Income elasticity of demand = (percentage change in quantity demanded) ÷ (percentage change in income)
By considering the above information, the change in income preferences is due to change in demand plus it also shift of the demand curve
<span>A short-term mortgage in which small payments are made until the completion of the term, when the entire balance is due, is BALLOON MORTGAGE.
Balloon mortgage is a type of loan that needs to be paid in a lump sum or is repaid at the end of the loan period, in a single payment. Depending on the agreement between the borrower and the lender, this type of payment may be interest free. Interest may apply but is usually smaller than long-term loans.
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Answer:
$19,478
Explanation:
<u>Computation of tax liability</u>
i. Total income excluding LTC gain = 108,000 - 5,800 = 102,200
ii. Tax on 102,200 as per single tax schedule = 14605.5+((102200-85525)*24%) = 18607.50
iii. Tax on LTC gain at 15% = 5800 * 15% = 870
So, Gross Tax liability = $18607.50 + $870 = $19477.50 = $19,478
Note: As per Long term capital gain schedule
Well organized business writing use short sentences and paragraphs...aren’t always the best, using big sentences and paragraphs often more helpful and successful
