Name two things other than the 5 c’s that can affect pricing?
Answer:
Present Value= $19,652.37
Explanation:
Giving the following information:
You are the financial manager for a recreation center that has signed an option to purchase new elliptical machines for $22,500 in two years. If you have an investment opportunity that guarantees 7% interest.
PV= FV/(1+i)^n
PV= 22,500/ (1.07^2)= $19,652.37
In order to obtain a
learners permit, teen drivers are required to pass a written test. Typically
they will prepare for this exam by completing a drivers education course.
Though not a requirement in all states, drivers ed is the easiest way to be
thoroughly prepared for the complicated driving laws and scenarios you’ll face
on the permit exam. Once you pass your permit test and earn a permit, there may
still be certain restrictions attached to this provisional license — such as
requiring a licensed driver over a certain age to be seated in the passenger
seat, limiting your driving to daylight hours, and other state-mandated rules.<span>
General United States Permit Requirements
While each state has its own set of guidelines, in
general, teens between 14 and 18 years of age can start the drivers
education and learners permit process. Once a teen driver has obtained a
learners permit, there are additional state-specific requirements they must
meet before they can apply for their drivers license.
<span>Before obtaining a learners permit in any state, a
teenager is required to pass a driving knowledge test. Drivers education is the
best way for a teen to prepare for this exam, whether the state requires it or
not. In some cases, passing a drivers ed final exam can substitute for the
written exam. No matter how the test is taken, students must pass with at least
a 70% or higher, depending on that state’s minimum. Once he or she passes, a
teen driver will be issued a learners permit. Some states require teen drivers
to have a permit for a minimum of 6 months before they can take their drivers
license exam.</span></span>
Answer: Loss leader pricing
Explanation:
Loss leader pricing is a pricing strategy that involves fixing the price of a product well below its cost or market price to attract a new set of customers. In most cases, the "loss" in such products is shifted to another product to cushion its effect. The grocery store is selling milk at $1.50 lower than its market cost by employing loss leader pricing strategy to its business model.