Answer:
The correct answer is B.
Explanation:
Savings and credit cooperatives or, simply, credit cooperatives are cooperative societies whose corporate purpose is to serve the financial needs of their members and third parties through the exercise of the activities of credit institutions.
Savings and credit cooperatives are also known for their acronym in English, SACCO: Savings and Credit Cooperative.
These cooperatives are usually local and seem to be more suited to rural areas. Above all they have access to external funds and they are properly managed. And although there is a World Council of Credit Unions (WOCCU) there are few local or rural cooperatives associated with it.
Answer:
$30.07
Explanation:
Rocky river company uses target pricing
The production volume is 602,000 units
The market price is $34 per unit
The total assets is $13,900,000
The desired operating income is 17% of the total assets
= 17/100 × 13,900,000
= 0.17×13,900,000
= 2,363,000
The first step is to calculate the sales value
= 602,000 ×34
= 20,468,000
The total cost can be calculated as follows
= Sales value-desired operating income
= 20,468,000-2,363,000
= 18,105,000
Therefore the target full product cost per unit can be calculated as follows
= Total cost/production volume
= 18,105,000/602,000
= $30.07
Hence the full target product cost per unit is $30.07
Answer:
$5,983.40
Explanation:
Data provided in the question:
Principle amount = $5,000
Interest rate, r = 6% = 0.06
Time, t = 3 years
Compounded monthly i.e number of periods n = 12
Now,
Final amount = Principle × 
or
Final amount = $5,000 × 
or
Final amount = $5,000 × 1.005³⁶
or
Final amount = $5,000 × 1.196
or
Final amount = $5,983.40
Answer:
$75
Explanation:
The formula to compute the price -earning ratio is shown below:
Price earning ratio = Market price ÷ Earning per share
where,
Market price is $60
And the earning per share is
= ($1,500,000 ÷ 300,000 shares)
So, price earning ratio is 12
Now the company stock price is
$12 = Stock price ÷ (2,500,000 ÷ 400,000)
So, Stock price is $75
Answer:
they should spend $2 in promotions
Explanation:
Baldwin's Traditional product Basket will lose 1/3 of its 2019 awareness (72%), which will result in only a 48% during 2020. If the product manager wishes to end 2020 with a 92% awareness, they must spend in promotion enough money to raise awareness by 44%.
- The first $1 million spent in promotions will increase awareness by 26%, to a total of 74% (= 48% + 26%).
- The second $1 million spent in promotions will increase awareness by 18%, to a total of 92% (= 74% + 18%).
