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Liono4ka [1.6K]
3 years ago
14

Making a credit card minimum payment:

Business
1 answer:
Natasha_Volkova [10]3 years ago
5 0
the correct answer to this problem is a.
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Allison has a horse stall cleaning business that has been growing rapidly since she started it three years ago. She estimates th
Reil [10]

Answer: 13.2%

Explanation:

Given data:

No of stores in the market = 5000

No. of store owners = 2000.

Allison charges = $8/month

Sam charges = $8/month.

Solution:

The market penetration rate would be calculated based on potential customers.

Using our general formula,

Market penetration=Numbers of customers who purchased Allison derived sales and Sam derived sales /Total potential population

Where,

Total potential population=1,500

•Allison derived sales = 129 customers

•Sam derived sales = 69 customers

•Numbers of customers who purchased Allison derived sales and Sam derived sales=129 customers+ 69 customers

•Numbers of customers who purchased Allison derived sales and Sam derived sales =198 customers

Let’s input this into our general formula.

Market penetration

= 169 customers/1,500

= 0.132*100

= 13.2%

The market penetration rate based on potential customers is 13.2%

8 0
3 years ago
Hardmon Enterprises is currently anâ all-equity firm with an expected return of 15.2%. It is considering a leveraged recapitaliz
Veseljchak [2.6K]

Answer and Explanation:

The computation is shown below:

a. The expected return of equity is

= Expected return + debt to equity ratio × (expected return - debt cost to capital)

= 15.2% + 0.5 × (0.152 - 0.05)

= 20.3%

b. Now the debt cost of capital is 7%

So, the expected return of equity is

= Expected return + debt to equity ratio × (expected return - debt cost to capital)

= 15.2% + 0.5 × (0.152 - 0.07)

= 27.5%

c. As we know that if the investment has a higher return than of course it has high risk also or we can say it is compensated by high risk

So it would be best shareholder interest

8 0
3 years ago
At the end of 2022, the following information is available for Great Adventures.
almond37 [142]

Answer:

12j123j2 23j12n3jn2m3i 1j3n2ij3 1

Explanation:

213gh12oi 4n1j4noi4 12im4

5 0
3 years ago
Due to budget restrictions, a business school could afford to hire only one new faculty member for the next academic year. Howev
kakasveta [241]

The correct answer would be, Compromise.

After a lengthy discussion, it was decided that the budget would be hired for the next year. In this situation, Compromise strategy of conflict management is used.  

Explanation:

In simple words, Conflict Management is the management of Conflict between two parties, or between two issues. In this process, the negative aspects of the issue are lowered while positive aspects are being highlighted.

Compromise is that strategy of Conflict Management in which a settlement is made below the desired standards in order to resolve the conflict.

So when temporary faculty is hired in the school instead of the need of permanent faculty, due to the shortage of budget, Compromise Strategy of Conflict Management is being used.

Learn more about Conflict Management at:

brainly.com/question/12441613

#LearnWithBrainly

3 0
4 years ago
An increase in government purchases shifts the aggregate demand curve to the right by an amount equal to
LUCKY_DIMON [66]
<span>The shift will be equal to the increase in the amount multiplied by the spending multiplier. This multiplier is found by dividing (1 / marginal propensity to consume). The MPC is the value that shows how much of the new money injected into the economy will be spent by consumers and, thus, is the basis for the multiplier.</span>
4 0
3 years ago
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