Answer:
Value is defined by what needs to be done
Explanation:
In marketing, value is not defined by what needs to be done, rather it is defined as the satisfaction or benefit that a consumer derives from using a product or service.
This definition of value is always used in comparison to the costs the customer has paid before enjoying those benefits
Hence Value could be said to be Benefits of buying a product - Costs paid for the product
Answer:
<em>Regular savings account </em>
Explanation:
<em>One requires to commit small amounts of income each month on a regular savings account.</em>
In exchange for providing your savings provider a fixed level of income every month, they normally pay you a higher rate of return than, for instance, if you invest a lump sum in a cash ISA or easy access account.
However, the best regular savings rates also exceed the prices on the longer fixed-rate offers offered.
This type of account has rigorous terms of service that may cause you to lose your competitive rate if you fail to adhere to them.
The answer is A because her phone is perfectly fine but because the newer phone is trendy it is A
Answer:
C
Explanation:
For my school, it is more rigorous, and you have to do an honors project, and you don't pass with any grades below 90%. Hope this helps :)
Answer:
Revenue recognized for 2018 is $5,450,400
Profit for the same year is $275,400
Explanation:
The is a method of revenue recognition known as cost to completion. It is used to recognize revenue from long term projects which are mostly construction contracts that will not be completed in a year. In this system, the revenue to be recognized is a function of the cost.
As such, where 30% of the total cost of the project is incurred in the first year, 30% of the total revenue will also be recognized in the first year. The difference between the revenue and the cost gives the profit.
Given that total revenue for 3 years is $18168000
Revenue to be recognized
= 30/100 * $18,168,000
= $5,450,400
Cost incurred
= 30/100 * $17,250,000
= $5,175,000
Profit for 2018
= $5,450,400 - $5,175,000
= $275,400