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elena-s [515]
3 years ago
7

On July 1, a bank loaned $10,000 to a company in the form of a note receivable. The note requires interest at an annual rate of

10%, and all interest is payable (due) at maturity. The amount of interest revenue that the bank should accrue at the end of December is:
Business
1 answer:
irga5000 [103]3 years ago
4 0

Answer:

$500

Explanation:

Annual interest revenue = $10,000 × 10% = $1,000

Interest revenue earned from July 1 to December 31 = $1,000 × (6/12) = $500.

Therefore, amount of interest revenue that the bank should accrue at the end of December is $500.

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Answer:

d. Google Ads gives you control over your budget.

Explanation:

As the services work with daily budget the company can chose every day to change the amount of advertizement into the campain Making more ads at lauch and then decreasing overe the following days.

This is not posible in other methods as the radio fee or TV fee are purchase per broadcast or per month thus, the company either pays the fee or the product doesn't get the add.

On gogle add the company decide the amount. Which clearly is a better deal for small and medium firm and even larger firm as well.

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Use the production function: Q = 4L1/2K1/2.Suppose that the price of labor is $5 and the price of capital is $20. Your firm desi
prisoha [69]

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E none of the above

Explanation:

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3 years ago
When Frito-Lay introduced its Stax brand of potato chips. These chips were meant to compete directly against Pringles. The inten
Sedbober [7]

Answer:

B, penetration pricing

Explanation:

Penetration pricing is a pricing strategy in which a manufacturer sets the price of its product low for a start so as to have a wide reach and acceptability in the market.

This pricing strategy is meant to make customers ditch their usual product for the new product, thereby having the new product attracting customers to itself.

Ultimately, penetration pricing increases market share of the new product manufacturer as it gains a lot of customers within the shortest possible time.

Penetration helps to discourage new product entrance into the market thus giving the product a large/high stock turnover throughout the product's distribution channel.

In the above question, Frito lay introduced its chips at a low price of 69cents for a period of time (first few months, say 3 or 4 months for example) in order to gain market share quickly.

Cheers

3 0
3 years ago
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6 0
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Babe Ruth was a famous baseball player in the 1920s. He made a salary of $80,000 in 1930, which was considered outrageous becaus
ArbitrLikvidat [17]

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In real dollars, Babe Ruth's salary = $80,000 / 0.0645 (CPI 1930) = $1,240,000

Since Babe Ruth was the highest paid baseball player back then, if we compare his updated salary to Kershaw's salary, it represents only = $1,240,000 / $33,000,000 = 3.76%.

That means that most of the players' salary raise was due to other factors, not just inflation.

4 0
3 years ago
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