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hodyreva [135]
3 years ago
9

Which of the following statements is​ TRUE? A. Just because one firm receives a 3.20 overall rating and another receives a 2.80

in a​ CPM, it does not necessarily follow that the first firm is precisely​ 14.3% better than the​ second, but it does suggest that the first firm is better in some areas. B. Just because one firm receives a 3.20 overall rating and another receives a 2.80 in a​ CPM, it does not necessarily follow that the first firm is precisely​ 12.5% better than the​ second, but it does suggest that the first firm is better in some areas. C. Just because one firm receives a 3.20 overall rating and another receives a 2.80 in a​ CPM, it follows that the first firm is precisely​ 12.5% better than the​ second, and that the first firm is better in some areas. D. Just because one firm receives a 3.20 overall rating and another receives a 2.80 in a​ CPM, it does not necessarily follow that the first firm is precisely​ 14.3% better than the​ second, but it does suggest that the first firm is much better in many areas. E. When one firm receives a 3.20 overall rating and another receives a 2.80 in a​ CPM, it follows that the first firm is precisely​ 14.3% better than the second.
Business
1 answer:
ruslelena [56]3 years ago
5 0

Answer: Option E: E.Just because one firm receives a 3.20 overall rating and another receives a 2.80 in a​ CPM, it does not necessarily follow that the first firm is precisely 14.3 percent better than the​ second, but it does suggest that the first firm is better in some areas is TRUE

Explanation:

Because one firm receives a 3.20 overall rating and another receives a 2.80 in a​ CPM, it does not necessarily follow that the first firm is precisely 14.3 percent better than the​ second, but it does suggest that the first firm is better in some areas.

The former firm received such high rating most times because of pedigree or experience or winning rate which does not judge it better than the latter firm in all areas.

You might be interested in
Roles of private sectors in tourism in Africa
larisa [96]

The roles of private sectors in tourism in Africa include the following:

  1. Investing in the tourism sector with time and money.
  2. Reducing trips to destinations outside of Africa.
  3. Identifying holiday centers and attractive sites
  4. Developing beaches.
  5. Promoting tourist products through Social Media.
  6. Encouraging adventure tours.

<h3>What is tourism?</h3>

Tourism is the process of spending time away from your home for the following purposes:

  • Recreation
  • Relaxation
  • Pleasure
  • Using commercial services.

In Africa, tourism centers have been identified in Uganda, Algeria, Egypt, South Africa, Kenya, Morocco, Tunisia, Ghana, and Tanzania.

The types of tourism include:

  • Adventure tourism
  • Beach tourism
  • Cultural (food) tourism
  • Ecotourism (experiential tourism)
  • Medical tourism
  • Wildlife tourism.

Thus, the private sectors in Africa have different roles in tourism development.

Learn more about tourism in Africa at brainly.com/question/3079557

6 0
2 years ago
You bought a share of 6.6 percent preferred stock for $97.68 last year. The market price for your stock is now $102.42. What is
Angelina_Jolie [31]

Answer:

The aggregate return for the last year is 11.61%

Explanation:

The return on any asset is the increase in price, in addition to any dividends or the cash flows, which is divided by the initial price. Since, the preferred stock is assumed to have a $100 par value of, the dividend amounts to $6.60, therefore, the return for the year would be:

Return (R) = (Market Price - Stock Price + Dividend) / Stock Price

R = ($102.42 - $97.68 + $6.60) / $97.68

R = .1161, or 11.61%

6 0
3 years ago
Better Corp. (BC) began operations on January 1, Year 1. During Year 1, BC experienced the following accounting events: 1. Acqui
makkiz [27]

Answer:

Better Corp. (BC)

a. Accounting Equation

Assets                =       Liabilities       +               Equity

1. Cash $7,000                                                   Common stock $7,000

2. Cash $12,000        Bank loan payable $12,000

3. Cash $47,000                                                Service Revenue $47,000

4. Cash ($30,000)                                              Op. expenses ($30,000)

5. Cash ($8,000)                                                Cash dividend ($8,000)

6. Land $20,000 Cash ($20,000)

Assets $28,000   =  Liabilities $12,000  + Equity $16,000

b. Total assets = $28,000

Total liabilities = $12,000

Stockholders' equity = $16,000

Balance Sheet as of December 31, Year 1

Assets:

Cash                     $8,000

Land                  $20,000

Total assets      $28,000

Liabilities:

Bank loan         $12,000

Equity:

Common stock $7,000

R/Earnings          9,000

Total equity    $16,000

Liabilities and

 Equity          $28,000      

c. Total assets = $28,000

Total liabilities = $12,000

Total equity = $16,000

d. The Land will be shown on the December 31, Year balance sheet at $20,000.  The reason is that this is the acquisition cost and the land is not held for trading (no information provided).

Explanation:

a) Data and Analysis based on the Accounting Equation:

1. Cash $7,000 Common stock $7,000

2. Cash $12,000 Bank loan payable $12,000

3. Cash $47,000 Service Revenue $47,000

4. Cash ($30,000) Operating expenses ($30,000)

5. Cash ($8,000) Cash dividend ($8,000)

6. Land $20,000 Cash ($20,000)

7 0
3 years ago
Crane Companybudgeted manufacturing costs for 60000 tons of steel are: Fixed manufacturing costs $50000 per month Variable manuf
Tomtit [17]

Answer:

$530,000

Explanation:

Given that

Fixed manufacturing cost = 50000

Variable manufacturing cost = 12 per ton steel

Total number of steal produced = 40000

Recall that

Total manufacturing cost = Total fixed manufacturing cost + total variable manufacturing cost

Total variable manufacturing cost = variable cost per ton × output

= 40000 × 12

= 480,000

Therefore,

Total manufacturing cost = 50000 + 480000

= $ 530,000

Total manufacturing cost = $530,000

7 0
3 years ago
Robin Brothers works for a winery that sells to restaurants through distributors. She knows the types of wine her company sells
qaws [65]

Answer:

A missioniairy salesperson

Explanation:

Missionary selling is a form of personal sales in which the salesperson provides information to an individual who will influence the purchase decision. This is an indirect sales technique; the goal is not to close a sale, but merely to get information into the hands of a key decision-maker. Robin is providing information to restaurants in order to "Help Them" to buy her company's wine.

3 0
4 years ago
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