Answer:
Micro-marketing targeting strategy
Explanation:
In the micro-marketing targeting strategy the company focuses on a very small number of potential customer because getting tenders from any of these would easily breakeven the company. The only source of income for such new businesses are their former employer or company who might contract with them for provision of product or services and from its great contacts value that the company possesses which can be used to influence the behavior to opt to the products and serives of this new company.
Answer: Thomas’ age is 15
Explanation:
T + 2T = 45
3T = 45
Divide both sides by 3
T = 15
Answer:
degree of operating leverage 6.04
Income if sales increase by 10%: 72,180
Explanation:
degree of operating leverage:
contribution per ticket
60 sales price - 24 variable cost = 36 dollars
36 x 7,550 = 271,800 total contribution
fixed cost (226,800)
profit 45,000
degree of operating leverage: 6.04
the sales have a multiplier effect of 6.04
a 10 percent increase on sales translates to 60.4 percent in the net operating income:
income with a 10% sales:
45,000 x ( 1 + 60.4%) = 72.180
Answer: 42 days
Explanation:
To solve the above question, first, we will have to calculate the debtors turnover ratio which is the date sales uncollected for the year. This will be:
= Sales/Average Accounts Receivables
= $612,000 / $70,422
= 8.69 times
Since we are using 365 days for a year, then the firm's days sales uncollected for the year will be calculated as:
= 365 / 8.69
= 42 days
Answer:
c. $50,400
Explanation:
The computation of the interest expense is shown below:
= Borrowed amount × rate of interest
= $480,000 × 10.5%
= $50,400
hence, the interest expense is $50,400
Therefore the correct option is c.
We simply applied the above formula so that the correct value could come
And, the same is to be considered