Answer:
7.06%
Explanation:
The computation of the coupon rate is given below:
Given that
FV is $1,000
PV is $978
NPER is 9
RATE is 7.4%
The formula is given below:
=PMT(RATE,NPER,-PV,FV,TYPE)
After applying the above formula, the PMT is $70.57
Now the coupon rate is
= $70.57 ÷ $1,000
= 7.06%
Answer:
C) Represent Cash Discounts
Explanation:
Cash discount refers to a reduction in the price with the objective being prompt payment. A cash discount when offered by a seller is termed as a sales discount.
For example, so as to initiate prompt payment from the buyers, sellers may offer a discount such as 2% if the payment is made within 10 days when the ordinary extended credit period is 30 days.
Such a discount is usually offered by the seller when he/she is low on cash and there is immediate requirement of cash.
A sales discount leads to reduction of gross sales as it is deducted from gross sales to reveal net sales made by a firm during a period.
For Kodak film inc. , the advent of digital technology can best be described as disruptive innovation.
When a product or service that was previously only available to affluent or highly educated people is transformed into one that is more widely available and accessible, this is referred to as disruptive innovation. By displacing well-established competitors, this transition causes a market disruption.
A prime example of a disruptive invention is Amazon, which debuted as an online bookshop in the middle of the 1990s. Enabling technology, an inventive business model and a consistent value network are necessary for disruptive innovation. The process of developing to enhance goods and services for current clients is known as sustaining innovation.
To know more about sustaining technology see:
brainly.com/question/28437156
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Answer:
C. Supply of lobster is greater in summer than in spring .
Explanation:
Demand & supply refer to consumers & producers ability & willingness to buy & sell at given prices respectively .
Demand curve is downward sloping, supply is upward sloping - due to law of demand & law of supply .
Market Equilibrium is where Demand = Supply & the curves intersect . Decrease in demand (Lobsters spring case) generally creates excess supply which leads to competition among sellers and reduces the prices . However if price is increasing despite of demand decrease (Lobsters spring case) , the excess supply due to demand shortage would not have happened due to c) lesser supply in spring. So , decrease in demand off set by decrease in supply also in spring would have led to lobsters' higher price despite of lower demand in spring.