The rule of 72 says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72.
so in this equation we would use: 72/x=12 then you solve for X
X = 6%
So it would take approximately 6% ROI
Answer:
The correct words for the blank spaces are (in that order): predatory; average; lowered.
Explanation:
Predatory pricing is the scheme in which a business falls in its attempt of <em>reducing the price</em> of its goods or services drastically compared to the <em>market prices</em>, to drag consumers massively. While this might be beneficial for customers in the short run, in the long term business competitors could disappear creating a monopoly, something that gives the predatory-pricing firm all the power to increase the goods or services price at will.
Answer:
D)
Explanation:
Based on the information provided within the question it can be said that this is associated with the company capability of being able to collect fuller and richer information about markets, customers, prospects, and competitors. This is because with by knowing what customers are purchasing and how often they are getting lots of information regarding what products are good in the market, customer information including frequency of purchases, what customers are likely to buy, and even the effect that the competitors are having on the market.
Answer:
Zero,( no raise at all)
Explanation:
The total labor cost for the two employees is
=$36,000 + $24,000
=$60,000
If only 5% of increases in payroll is approved, the actual increase
=5/100 x $60,000
=0.05 x $60,000
=$3,000
If the second employee is to get a raise of $3,000 per year, then the first employee will not get any raise.