Answer: 12.47%
Explanation:
First convert the APR to the relevant periodic rate.
The compounding is done daily so the periodic rate is:
= 11.75%/365
Effective Annual rate is calculated by the formula:
= ( 1 + periodic rate) ^ compounding period per year - 1
= ( 1 + 11.75%/365)³⁶⁵ - 1
= 12.47%
Answer:
$273,600
Explanation:
The selling price per unit is $160
Variable expense per unit is $70.40
Fixed expense per month is 153,216
Therefore the monthly breaking can be calculated as follows
CM ratio = 56%
=>56/100
= 0.56
= 153,216/0.56
= 273,600
Hence the monthly break even in monthly dollars sales is $273,600
John is a customer service employee at a small
bakery. He notices a customer deliberating the chocolate chip
or sugar cookies. In his head, John hears his boss, "I trust your
judgment; do what it takes to delight the
customer." With that in mind, John offers the customer a sample of each
cookie. John's boss uses empowerment as a motivational tool. (empowerment)
<span>
</span>
<span>Resource similarity and market commonality are factors that determine the extent to which firms will be in direct competition with each other. A market commonality refers to how many markets where a firm and a competitor are involved together. This will show the importance of the different markets and how they are related and important to one another. </span>
Answer:
Equity
Explanation:
If the firm wishes to raise money by selling its shares of stock to the general public through the capital market, i. e. stock exchange market, it is called equity financing. It is often referred to as a primary stock market. As Extreme Entertainment, Inc. does not have much money to expand its business; it sells its share in the stock market to raise its capital.
