The given scenario shows a very good example that brand equity increases a firm's ability to gain a competitive advantage
<h3>
What is Competitive Advantage?</h3>
This refers to the condition that puts a particular company in a favorable position over its competitors.
Hence, we can see that based on the competitive advantage that Nike as a company has, Josh believes that they are better than others and this shows that brand equity increases a firm's ability to gain a competitive advantage.
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Answer:
Explanation:
Giving the following information:
For each of the following investments, we need to use the following formula:
FV= PV*(1+i)^n
(a) $5,500 in 10 years at 9% compounded semiannually.
i= 0.09/2= 0.045
n= 10*2= 20
FV= 5,500*1.045^20= $13,264.43
(b) $12,500 in 15 years at 8% compounded quarterly.
i= 0.08/4= 0.02
n= 15*4= 60
FV= 12,500*(1.02^60)= $41,012.88
(c) $13,600 in seven years at 6% compounded monthly.
i= 0.06/12= 0.005
n= 7*12= 84
FV= 13,600*(1.005^84)= $20,677.03
Answer: Increase by $3,500
Explanation:
The Net Working Capital of a company is calculated by subtracting Current liabilities from current assets.
Raw materials are current assets and Accounts Payable are current liabilities.
The Net working capital resulting from accepting this project is;
= 12,000 - 8,500
= $3,500
Net Working capital investment would increase by $3,500.
The total fixed cost should equal $1000.
<h3>What is the total fixed cost?</h3>
The first step is to determine the average fixed cost. The average fixed cost can be determined by subtracting the average variable costs from average total costs.
$70 - $60 = $10
Total fixed cost is the product of average fixed cost and output
100 x $10 = $1000
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Semantics is the meaning derived from words.