Y = original value • growth ^(time/period of growth)
30000000000000 = 15000000000000 • (1+0.02)^(x/1)
Divide both sides by 15 trillion
2 = (1.02)^(x)
take logarithm of both sides
log2 = log1.02^x
Bring x down using log law
log2 = xlog1.02
Divide both sides by log1.02
x = 35
35 years
Answer:
Strengths:
- Name recognition is the biggest strength.
- they offer variety of products than its competitors and the products are of good quality at an affordable price.
Weaknesses:
- As it is being run as full-fledged restaurant overhead cost is high. this means their overhead cost is higher.
- They mostly cover urban areas with a considerable population and customer segment.
Opportunities:
- They have further scope to increase their product line according to the location and increase the revenue.
- Their facilities can be made more attractive and innovative to engage more customers.
- the business can lend and promote discounts to increase the satisfaction level of the customer.
Threats:
- increasing competition.
- Raising raw material price, especially dairy products that costomers want/need.
the business should work on:
The company has to focus more on new product development. Further, it is recommended to customize the taste of the product according to the local needs. Also, if the overhead cost is reduced by implementing modern and more economical infrastructure facility. The company has to make sure that, the facility also attract more customers. This would be added advantage to provide more offers and discounts to the customer. Hence this would increase customer satisfaction and bring more loyal customers.
Explanation:
Answer:
c. ribbon
Explanation:
Ribbons are command bars or toolbars which organize features of a program into series of tabs at the top of a window. Ribbons appear across the top of each page and display many of the most commonly-used tools, controls, and commands. Ribbons increase discoverability of features and functions of the programs.
Answer:
"Decrease by 250" is the appropriate response.
Explanation:
The given values are:
Revised fixed cost,
= $150,000
Current selling price,
= $100
Current variable cost,
= $60
Current contribution will be:
=
=
=
Now,
The revised BEP will be:
=
On substituting the values, we get
=
=
hence,
=
=
Thus the above is the correct answer.
Answer:
$10,300
Explanation:
Accounts receivable, beginning = $24,000
Credit sales = $450,000
Cash collections from customers = $460,000
Accounts receivables written off = $3,700
Accounts receivables, ending = Accounts receivable, beginning + Credit sales - Cash collections from customers - Accounts receivables written off
Accounts receivables, ending = $24,000 + $450,000 - $460,000 - $3,700
Accounts receivables, ending = $10,300
So, at the end of the year, the balance in the Accounts receivable is $10,300.