Answer: The answer is given below
Explanation:
1. False
The is not an effective beginning for the letter. From the question, we can see that the person needs invoicing process information. The best beginning will have been "Based on your request to know about the invoicing process information ....
2. B. Satisfy the inquiry and take the opportunity well introduce another product as well.
The technique that should be used to promote a business when responding to a customer's inquiry is by first satisfying the inquiry. This is done by giving a detailed and correct answer to the question that is asked by the person. After satisfying the person, then another product can be introduced to the person. The person will be willing to listen after his curiosity or inquiries gas been satisfied.
3. The strategies that a direct response message should use are:
A. List answers to the customer's questions in the order asked.
B. Close pleasantly with a forward looking statement
C. Place the most important information first.
When replying direct messages, the most vital information should be put at the top so that it could easily be seen by the customer and answers should also be provided to the questions asked by the customer based on the way that the customer asked the questions. This will make the reply logical and easily comprehendible. Lastly, the closing remarks should be pleasant, and positive.
B. H0 : There is no association between race and the section of the apartment complex.
H A: There is an association between race and the section of the apartment complex.
Find the χ2 statistic
Solution
The formula for calculating χ2 statistic is given by ;
χ2∗ =∑(Oi−Ei)2/Ei, where Oi and Ei is the i^th observation and the i^th expected count
From the given data calculated the expected count using the formula; E = (row total *column total)/sample size
χ2 = 7.104439336,
χ2 = 7.104 (rounded to 3 decimal .places)
The P-value is;
Degrees of freedom = (2-1)*(2-1) = 1, χ2 = 7.1044
P-value from chi-square calculator is 0.007689
Answer:
a. True
Explanation:
The foreign exchange market is a market for converting the currency of one country into that of another country.
For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.
Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.
The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis that states that asset (share) prices reflect all information and it is very much impossible to consistently beat the market.
Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.
Answer:
$117,800
Explanation:
GDP formula is:
GDP= Consumption (C)+ Investment (I)+ Government expenditure ()+ Net exports (exports-imports)
Last year, C= $69,000 and it increased 10% (100%+10%=110%),
This year: C= $69,000*1.10= $75,900.
Last year: I= $18,000 and it decreased 5% (100%-5%=95%).
This year: I= $18,000*0,95= $17,100
Last year: G=$19,000 and it increased by 20% (100%+20%=120%)
This year: G= $ 19,000*1.20=$22,800
Last year: X-M= $2000 and it remained the same
This year: X-M= $2000
Current year´s GDP= $75,900+$17,100+$22,800+$2000= $117,800
Answer:
A. $41,120.
Explanation:
Year Description Cash flow Present [email protected]%
0 Equipment cost ($30,000) ($30,000)
1-4 Additional CF $24,000 $69,929.10
4 Residual value $2,000 $1,184.16
Present value total $41,113.26
Based on the above calculation, the answer shall be A. $41,120.
