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Pepsi [2]
3 years ago
15

Betty needs to understand the interest rate for her savings account in order to calculate how much the account will earn in inte

rest. she visits a customer service representative at her new bank to learn how to calculate the interest. he gives her an expression to find the interest rate, r, in her savings account. it is
Business
1 answer:
Tpy6a [65]3 years ago
8 0

r = (18/15)1/3 - 1 = (6/5)1/3 - 1 = (2/5) - 1 = - 3/5 = -0.6.

above is the question but are you sure the question is correct? shouldn't r = (18000/15000)^1/3 - 1? please check.

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Jones Company sells an average of 200 chairs per week, of which 30% are regular chairs and 70% are executive chairs. Regular cha
MissTica

Answer:

Contribution margin per unit: $42.9

Total contribution margin: $8,580

Explanation:

The contribution margin per unit is calculated by calculating the total contribution margin, which is basically the total sales, minus the costs of production, in this cae we have that we sold:

60 regular chairs

140 executive charis

Now the total in sales is:

Regular sales: $6,000

Executive chairs: $23,800

The variable cost of each is:

Regular chairs: $3720

Executive chairs: $17,500

We add up the sales and withdraw from it the total variable cost:

29,800-21,220=8,850

The total contribution margin is equal to $8850.

And the contribution margin per unit is given by dividing the total contribution margin by the number of units sold:

8850/200=  42.9

So the contribution margin per unit is 42.9 dollars.

7 0
3 years ago
Which type of global marketing strategy works best when consumers share the same desires, needs, and uses for a product across c
sdas [7]
Product extension is a global marketing strategy that works best when consumers share the same desires, needs, and uses for a product across countries and cultures. 

They typically use a brand name that is familiar and launch a new product under a familiar brand to see their interest in the item. This could be a new flavor of a drink, color of hair dye, smaller package size, healthier ingredients and so on. 
4 0
3 years ago
The company Lucy works for is made of cross-functional teams that focus on the project at hand. The projects they get are extrem
liberstina [14]

Answer:

Small batch and unit production.

Explanation:

Small batch and Unit production -

In this type of production , the primary focus of the organisation , is the satisfaction of the customer and is based on the preference of the customer .

For this type of manufacturing process , skilled labor and planning is very important to customize and prepare any good or service .

sometimes , the complete team focus on the production of the product one at a time , with lot of caution .

Hence , the information given in the question , the type of manufacturing process is best describes as Small batch and unit production .

6 0
3 years ago
Niels owned three adjoining parcels of land in Arizona. Hannah wanted to buy one. Over dinner, the two sketched and signed this
mart [117]

Answer:

Hannah will lose her suit.

Explanation:

Niels and Hannah did not have a binding deal. They did not decide on a specific lot of land or on a price. It is never even decided how the two of them will decide on a fair method of agreeing on the price. Don't be fooled by words like binding contract. The terms are too vague and therefore Hannah will ultimately lose the case.

7 0
3 years ago
Joey set up a lawn-mowing business in his neighborhood. He currently has 7 customers that want their lawns mowed each week, for
monitta

Answer:

Joey's weekly revenue is $175.

4 0
3 years ago
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