Answer:
Explanation is given below
Explanation:
Given that, the total budget for the media is only $1,000 per month.
For the allocation, each type of media would get at least 25% of the budget.
Hence, from the available information, we have the following:
Parameters:
$1000 = Monthly advertising budget
25%= Minimum spending for each type of media
50 = Value of the index for local newspaper advertising
80= Value of the index for spot radio advertising
Decision variables;
x1= Newspaper advertising budget
x2= Radio advertising budget
LP Model;
Maximize Z=50x1+ 80x2
Subject to:x1+ x2≤1000
x1≥ 250
x2≥ 250
x1,x2≥ 0
p.s. OptimumZ=72, 500,
x1=250,
x2=750
Answer:
$607
Explanation:
Data provided in the question:
Date of closing of sales transaction = April 15
Expected tax for the year = $2,110
Number of days in an year = 365
Now,
Per day tax = [ Expected tax for the year ] ÷ [ 365 ]
= $2,110 ÷ 365
= $5.781 per day
Time period from January 1 to April 15 in days = 105 days
Therefore,
The seller's share of the tax bill
= Per day tax × Time period from January 1 to April 15 in days
= $5.781 × 105
= $606.98 ≈ $607
Answer:
balance of trade
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Basically, trade can be categorized into two (2) main groups and these are;
I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.
II. Export: it involves the sales of goods produced in a domestic country to a foreign country.
In Economics, a balance of trade is a measure of the difference between merchandise imports and exports, as well as a country's international trade in goods. Thus, it's a measure of the difference between the monetary value of the import and export of goods of a country over a specific period of time.
Answer:
The correct answer is letter "B": Cultural similarities.
Explanation:
Cultural similarities refer to customs and special terms that for one region or country are widely accepted but not for others. Those actions or phrases could be exactly the same but carry a different or even negative meaning in different places. This is not limited to actions and terms used in day-to-day activities but also under formal circumstances.
Answer:
3.00%
Explanation:
Required return of a stock = Risk free rate of return + (average required return - Risk free rate of return) (Beta of the stock)
Required return of Stock R = 0.03 + [ (0.09 - 0.03) * 1)] = 0.09
Required return of Stock S = 0.03 + [ (0.09 - 0.03) * 0.45)] = 0.06
Difference = 0.09 - 0.06 = 0.03, or 3%
Therefore, the required return on the riskier stock will exceed the required return on the less risky stock by 3.00%.
