It is not possible that she spent $320 for the second purchase, this is because the prices of the books and the video games did not change.
In her first purchase, Marrillia bought 4 books and 3 videos and in her second purchase, she bought double of the products she bought in the first purchase, that is, 8 books and 6 videos. Since there is no price change in the products, Marilla must have spend $360 [$180 * 2] in her second purchase.
Answer:
The answer is option B) without a carefully calculated financial plan, a firm has little chance for survival, regardless of its product or marketing effectiveness.
Explanation:
The financial plan of an organization also known as financials is a record used to determine how a business will afford to achieve its strategic goals and objectives.
The Financial Plan collates each of the activities, resources, equipment and materials that are needed to achieve these objectives and specify time frames involved.
A financial plan contains a sales forecast, expense budget, cash flow statement, income projections, asset and liabilities, depreciation table, break even analysis and pre-operating costs. It shows whether the firm is making profit or running at a loss.
It is usually prepared in a spreadsheet.
This plan is what the bank and investors will need to evaluate your business.
Without a carefully calculated financial plan, a firm has little chance for survival, regardless of its product or marketing effectiveness.
I am sure that it’s D. Roth IRA
Answer:
Phelps, Inc.
EPS for 2018 $0.93
ROE for 2018 13.3%
Price/Earnings Ratio for 2018 10.75
Explanation:
a) Data and Calculations:
December 31, 2017 December 31, 2018
Assets $87,938 $103,319
Liabilities 19,174 23,003
Equity $68,764 $80,316
Outstanding common
stock 13,190 11,527
Stock price per share $10
Net income $9,761 $10,719
EPS for 2018 $0.93 ($10,719/11,527)
ROE for 2018 13.3% ($10,719/$80,316*100)
Price/Earnings Ratio for 2018 10.75 ($10/$0.93)
EPS (Earnings Per Share) = Net income/Number of outstanding shares
ROE (Return on Equity) = Net income/Equity * 100
Price/Earnings Ratio = Stock price/EPS
Answer: Market is a place where sellers meet buyers and buyers meet sellers. Sellers come to advertise what they are trading, buyers come to buy what they need or want
Explanation:
Market is a place where sellers meet buyers and buyers meet sellers. Sellers come to advertise what they are trading, buyers come to buy what they need or want. My company in this case study is an industrial company(that sells pumps, Industrial consumables), and most times we don't actually have a place where we go to sample our products except for exhibitions. What we do most times to sell our products is to reach out to our clients through social media, television and radio ads, going to them for presentations. It is oligopoly kind of business, meaning they are competitions and we have a few firms that dominate the market, so we have to brand ourselves very well in performance and competency to beat the competition.