Answer:
Design a FB page and other social media (YT, LinkedIn, etc.) for Decorators Inc. and establish some type of sales promotion for people who like them, e.g. offer discounts.
Explanation:
Young professional use social media a lot and they usually have budget constraints, therefore offering a discount can be very useful.
Answer:
b. $14.7 million
Explanation:
In order to compute the asset retirement obligation, first we have to compute the expected cash flows which are shown below:
= Cash outflows × probability + Cash outflows × probability
= $10 million × 60% + $30 million × 40%
= $6 million + $12 million
= $18 million
Now the asset retirement obligation would be
= (Expected cash flows) ÷ (1 + interest rate)^ number of years
= ($18 million) ÷ (1 + 0.07)^3 years
= ($18 million) ÷ 1.225043
= $14.7 million
Answer:
The correct option is Dana might be indifferent between C, A, and B.
Explanation:
Note: See the attached photo for the indifference curve showing points A, B and C.
The answer can be explained using an indifference curve.
An indifference curve is a graph that depicts the combination of two commodities that provide equal satisfaction or utility to the consumer. A consumer is indifferent between the two commodities at each point on an indifference curve because all points on the curve provide him with the same level of satisfaction or utility.
In the attached photo, bundles A, B and C are plotted as points on the same indifference curve (IC). Since points A, B and C are on the same IC, it therefore implies that Dana might be indifferent between C, A, and B.
Therefore, the correct option is Dana might be indifferent between C, A, and B.
Answer: more
Explanation: When marginal cost is greater than marginal benefit at the current activity level, the decision maker can increase net benefit by decreasing the activity because Answer total benefit will rise by more than total cost will rise.
Answer:
See explanation section
Explanation:
We know, 3/10, n/30 means the customer will get 3% discount if he/she gives the payment within 10 days, however, he/she has to pay the money within 30 days.
As Snell company sold the products on April 1, and received the payment on April 8, the company gave a 3% discount to customer. As there is discount, the financial statements will be as follows:
Income statement
Sales = $50,000
Less: Sales discount = (1,500)
<u>$50,000 × 3% </u>
Net sales $48,500
