Please help, it’s multiple choice

You are working as a communication specialist for BMW which is releasing a new luxury car in March 2021. BMW have already carrie

Ray Of Light [21]

Answer:

Here is the answer!

Explanation:

You are working as a communication specialist for BMW which is releasing a new luxury car in March 2021. BMW have already carried out a market survey and have already determined the price of the product and the targeted audience.

You are working as a communication specialist for BMW which is releasing a new luxury car in March 2021. BMW have already carried out a market survey and have already determined the price of the product and the targeted audience. Now that your company have to start a sale campaign, you have been asked to elaborate with your team the communication strategy for conducting this campaign during spring and summer (From March to August). Write your strategy in almost five pages

8 0

3 years ago

A new factory manager was hired for a company that was experiencing slow production rates and lower production volumes than dema

rodikova [14]

Answer:

C. unfavorable direct labor cost variance

Explanation:

The payment of cash bonuses would result in an unfavorable direct labor cost variance

. The Direct labor cost variance is unfavorable if the actual cost per hour is higher than the standard cost which in this question is as a result of bonuses charged to the direct labor budget. In other word, the factory paid more per hour of labor than what it has estimated

4 0

3 years ago

g after examining the various personal loan rates available to you, you find that you can borrow funds from a finance company a

IceJOKER [234]

question text WITH missing information:

After examining the various personal loan rates available to you, you find that you can borrow funds from a finance company at an APR of 12 percent compounded monthly or from a bank at an APR of 13 percent compounded annually. Which alternative is more attractive?

If you borrow $100 from a finance company at an APR of 9% percent compounded for year, how much do you need to payoff the loan?

Answer:

The finance company option is better as we are taking the loan we want the lower rate possible.

We need $109 to payoff the loan of $100 at 9% annualy after a whole year.

Explanation:

We solve for the effective rate of 12% compounded monthly

$(1+\frac{0.12}{12} )^{12}$ = 1.12682503 = 0.126825 = 12.6825%

As this rate is lower than 13% this option is better

If we take 100 dollars after a year we have to pay:

$100 x (1 + r) = 100 x (1 + 0.09) = 100 x 1.09 = $109

5 0

3 years ago

g If a firm can earn a profit stream of $50,000 per year for 10 years, that profit stream is worth:1)A)nothing today)less than $

galben [10]

Answer:

b)less than $500,000 today, but a positive amount.

Explanation:

By the virtue of the concepts of compounding and discounting, we understand that $1 today is worth more that $1 in the future.

Where Pv = Present value

Fv = Future value

r = discount rate

t = time

Fv = Pv ( 1 + r)^t

As such If a firm can earn a profit stream of $50,000 per year for 10 years, that profit stream is worth less than $500,000 today, but a positive amount.

5 0

3 years ago

Aziz Industries has sales of $100,000 and accounts receivable of $11,500, and it gives its customers 30 days to pay. The industr

AfilCa [17]

Answer:

The effect of this is to add $328.22 to the net income.

Explanation:

The Days Sales Outstanding (DSO) can be calculated using the following formula:

DSO = (Accounts Receivable / Credit Sales) * 365 ................ (1)

This can now be determined using the following 4 steps:

Step 1: Calculation of Aziz Industries' current DSO (DSOa)

Using equation (1), we substitute the relevant values and solve as follows:

DSOa = (11,500 / 100,000) * 365

DSOa = 41.98 Days

Step 2: Calculation of the amount Accounts Receivable needs to be lowered to so that DSO will be 27 days

By this, we have:

y = the amount that the Accounts Receivable needs to be lowered to = Accounts receivable = ?

Sales = $100,000

DSO = industry average DSO = 27 days

Substitute the relevant values into equation (1) and solve y, we have:

27 = (y / 100,000) * 365

27 / 365 = y / 100,000

0.073972602739726 = y / 100,000

y = 0.073972602739726 * 100,000

y = $7,397.26

Step 3: Calculation of decrease in Accounts Receivable

Decrease in Accounts Receivable = Aziz Industries' current accounts receivable - y = $11,500 - $7,397.26 = $4,102.74

Step 4: Calculation of addition to net income which is the same as the interest earned

Addition to net income = Decrease in Accounts Receivable * Percentage earned on any cash freed-up by this change = $4,102.74 * 8% = $328.22

Therefore, the effect of this is to add $328.22 to the net income.

8 0

3 years ago