Answer:
The answer is $26,900
Explanation:
The interest payment on $175,000 principal is:
8% x $175,000
$14,000
At the end of each year, both principal and interest payment will be paid.
The total payment for December 31, Year 1 is $40,900. Meaning this contains both the principal and interest payment.
So in the light of the above, the principal out of this money will be:
Total amount paid minus interest paid.
$40,900 - $14,000
=$26,900
Receivables turnover ratio can be calculated by dividing the net value of credit sales during a given period by the average accounts receivable during the same period. Average accounts receivable can be calculated by adding the value of accounts receivable at the beginning of the desired period to their value at the end of the period and dividing the sum by two.
500,000÷((80,000+40,000)÷2)
=8.3
The program is called: permission marketing.
The required details about permission marketing is mentioned in below paragraph.
Permission marketing refers to a shape of marketing and marketing wherein the supposed target market is given the selection of opting in to get hold of promotional messages. The idea of permission advertising has been popularized through Seth Godin, an entrepreneur and author. He first mentioned the concept of permission marketing at period in his book Permission Marketing: Turning Strangers Into Friends, And Friends Into Customers. Permission advertising is characterised as anticipated, personal, and relevant. It is frequently located as the other of direct advertising wherein promotional cloth is historically despatched to a extensive patron population with out their consent.
To learn about permission marketing visit here.
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Answer: Preferences and taste
Explanation:
The preferences and the taste are the characteristics in the business that are changed according to the customer requirement for the various types of products and the services in an organization.
The preferences is one of the main factors which helps in influencing the user or the customers demand.
According to the given question, the non-pricing determinant of the demand is changing according to the preferences and the taste of the consumer as the requirement of the user are get changed in the market.
Therefore, Preferences and taste is the correct answer.
False. A family's resources are limited.
