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bija089 [108]
2 years ago
6

Marketing professionals understand that people have needs, wants, and demands. A demand is _____.

Business
1 answer:
Sonja [21]2 years ago
4 0
The correct answer is:  [C]: 
____________________________________________________
 "<span>a want for an item that is much in demand by a great number of people" .</span>
____________________________________________________
<u>Note</u>:  Let us consider the other answer choices:
____________________________________________________
Choice:  [A]:  "<span>a need for basic necessities, such as food, clothing, and shelter."
This refers to a "need" — NOT a "demand" ; so we can rule out "Choice: [A] " .
____________________________________________________
Choice:  [B}:  "a need that is really a want, meaning the person can live without what they demand" . 
This refers to a "want" — NOT a "demand" ; so we can rule out "Choice: [B] " .
________________________________________________________</span>
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Forrester Company is considering buying new equipment that would increase monthly fixed costs from $396,000 to $684,000 and woul
Ber [7]

Answer:

50%

Explanation:

Contribution margin is used to determine the profitability of a product. it is price less variable cost

Contribution margin ratio = (price - variable costs) / price

variable cost = 80 - 20 = 60

price = 120

(120 - 60) / 120 = 50%

6 0
3 years ago
Corporate Fund started the year with a net asset value (NAV) of $12.50. By year-end, its NAV equaled $12.10. The fund paid year-
Setler79 [48]

Answer:

The rate of return to an investor in the fund=0.088*100=8.80%

Explanation:

Given Data:

NVA at the start of the year=(NAV)_o=$12.50

NVA at the end of the year=(NAV)_f$12.10

Distributions of income and capital gains =$1.50

Required:

The rate of return to an investor in the fund=?

Solution:

Rate of return=\frac{(NAV)_f+\ Distributions}{(NAV)_o}-1

Rate\ of\ return=\frac{12.10+1.50}{12.50}-1 \\Rate\ of\ return=0.088

The rate of return to an investor in the fund=0.088*100=8.80%

5 0
3 years ago
Ginny Trueblood is considering an investment which will cost her $120,000. The investment produces no cash flows for the first y
velikii [3]

Answer:

The project should be rejected as the payback period of 3.97 years exceeds the required 3 years. So, the correct option is E

Explanation:

The table showing the discounted cash flows of each year:

Computing discounted payback as:

Discounted Payback = Number of years + (Initial Cost - Discounted Cash flow of year 1 + Discounted Cash flow of year 2 + Discounted Cash flow of year 3 / Discounted Cash flow of year 4)

= 3 + ($120,000 - $0 - $28,925.62  - $41,322.31  / $51,226.01)

= 3 + ($49,752.07 / $51,226.01)

= 3 + 0.97

= 3.97

Working Note:

Discounted Cash Flow is computed as:

Discounted cash flow = Cash Flow / (1 + r) ^ n

where

r is rate of return that is 10%

n is number of year

So,

For 1st year:

= $0 / (1 + 0.1) ^1

= $0

For 2nd year:

= $35,000 / (1 + 0.1) ^ 2

= $35,000 / 1.21

= $28,925.61

For 3rd year:

= $55,000 / (1 + 0.1) ^ 3

= $55,000 / 1.331

= $41,322.31

For 4th year:

= $75,000 / (1 + 0.1) ^ 4

= $75,000 / 1.4641

= $51,226.01

6 0
3 years ago
1. You are investing $100 today in a savings account at your local bank. Which one of the following termsrefers to the value of
ahrayia [7]
He earned 11$ interest on his 100$
4 0
2 years ago
Read 2 more answers
Becky was asked to divide a rectangle into 4 equal pieces and to shade one of those pieces. is becky right or not?
gayaneshka [121]
Need to see the picture
4 0
3 years ago
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