The firm initiates a price decrease, their projection on the competitors' reaction is they will also decrease their price to level with them. Starting a price decrease will affect the whole market of like products. Also, another angle that they considered is they will be reprimanded by their regulatory board.
Answer:
At face value
Explanation:
Short term notes are always recorded at face value, and that applies to both interest and non-interest bearing short term notes.
Non-interest bearing long term notes must be recorded at their discounted value, i.e. you must discount the long term note' face value by the discount rate used by the company.
It defines the purpose. It serves as a guideline for decision-making. It could also attract support and donations.
Answer: b. select appropriate corporate-level strategies
Explanation:
Prior to setting pricing options for its products to maximize profit, a company must select appropriate corporate-level strategies.
This is necessary in order to ensure that the strategies aligns with what the organization is willing to do in order to achieve its profit maximization goal.
Answer:
The multiple choices are:
$5,589.04
$7,452.05
$4,890.41
$5,876.71
$6,410.96
Amount invested in K is $6,410.96
Explanation:
L+K=12,000
from the return perspective
0.0975=K/12000*0.0805+L/12000*0.117
K=12000-L
Substitute for K in the second equation
0.0975=(12000-L)/12000*0.0805+L/12000*0.117
0.0975=(966-0.0805L)/12000+0.117L/12000
0.0975=(966-0.0805L+0.117L)/12000
12000*0.0975=966+0.0365
L
1170
-966=0.0365L
204=0.0365L
L=204/0.0365
L=$ 5,589.04
K=$12,000-$ 5,589.04
K=$6,410.96
