Answer:
D) There are few close substitutes for toothpaste.
Explanation:
Products that have a very low price elasticity (inelastic) ten d to be basic necessities and/or products that do not have many substitutes. For example, gasoline's demand is very inelastic since it is a basic necessity and its only substitute product is diesel (electric cars represent less than 1% of total cars, so electricity is not even a competitor).
The three main toothpaste brands in the US are Crest, Colgate and Sensodyne. Both Crest and Colgate are manufactured by Procter and Gamble, and GlaxoSmithKline manufactures Sensodyne. So there is really not very much competition since 8 out of 10 top toothpaste brands belong to the same company (P&G).
Answer:
$26,294.8
Explanation:
Total expects sales at Next years = $672,500
The profit margin =4.6 percent
For the profit margin of expects sales at Next years= (4.6/100 ×$672,500)
= $30,935
dividend payout ratio =15 percent
distributed dividends= (15/100× $30,935)
= $26,294.75
the projected increase in retained earnings= difference between the profit margin of expects sales at Next years and distributed dividends
= ($30,935 - $4,640.25)
= $26,294.8
Answer:
a. the difference between actual and budgeted fixed overhead costs.
Explanation:
As we know that
The variance is shows the difference between the actual amount and the budgeted amount or estimate amount
So, the total fixed overhead variance is the difference between the actual fixed overhead costs and the budgeted fixed overhead costs i.e to be fixed in nature
Hence, the first option is correct
Answer: Message travels over channel-A
Explanation: For effective Communication, the following steps must be considered
1.Sender has an idea
2.Sender encodes message
3.Receiver decodes message
4Feedback travels to sender.
Using the appropriate marketing channels which involves transfer of products/services from producer to consumer through functions of Specialization and division of labor, one can achieve that messages pass through appropriate channels
In using non-traditional channels the use of the Internet and mail-order channels, are employed .
Answer:
Bond Price = $875.6574005 rounded off to $875.66
Explanation:
To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,
Coupon Payment (C) = 1,000 * 0.05 = $50
Total periods (n) = 3
r or YTM = 0.10
The formula to calculate the price of the bonds today is attached.
Bond Price = 50 * [( 1 - (1+0.10)^-3) / 0.10] + 1000 / (1+0.10)^3
Bond Price = $875.6574005 rounded off to $875.66
