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3 years ago

Value can be increased by increasing perceived benefits while holding price or cost constant. Question 11 options: TRUE FALSE

Business

1 answer:

skad [1K]3 years ago

7 0

Answer:

True

Explanation:

Value is the perception of the benefits or utility associated to consuming a good or a service in relation to the price of that good or service. This basically refers to consumer surplus, how much are consumers willing to pay for a good or service vs the actual cost of the good or service. If you increase the perceived benefits, then our consumers will value our goods or services more and this would increase their consumer surplus.

Consumers are the ones that ultimately will decide the value of our goods or services, and if they assign us a higher perceived value, they will be willing to pay a higher price for them.

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The following credit sales are budgeted by Novak Corp.: May $580700 June 854000 July 1195600 August 1024800 The company’s past e

Andru [333]

Answer:

The anticipated collections for August are $1024800

Explanation:

Based on the past experience part, the cash inflows for August will include 8% of June's sales collection, 20% of July's sales collection and 70% of August's sales collection.

Thus, the anticipated collection for August will be:

8% of June' sales = 854000 * 0.08 = 68320

20% of July's sales = 1195600 * 0.2 = 239120
70% of August sales = 1024800 * 0.7 = 717360

Total anticipated collection-August = 68320 + 239120 + 717360 = $1024800

8 0

3 years ago

Listed below are the top 10 annual salaries (in millions of dollars) of TV personalities. Find the range, variance, and stand

Juli2301 [7.4K]

Answer:

$24.7million

$97.86million

$9.89million

Explanation:

From the sample , the lowest number is 16.3 and the highest number is 41, the range is

41-16.3

=$24.7 million

Σ $\frac{(x-x_{mean} )^2}{n}$

In the sample given the mean is . : (41 +40 +38+ 32+ 23+ 22+ 20+ 18+ 17.8 +16.3 )/10

mean=26.81

Using that, we can find the variance:

[(41-26.81)^2+(40-26.81)^2+(38-26.81)^2+(32-26.81)^2+(23-26.81)^2+(22-26.81)^2+(20-26.81)^2+(18-26.81)^2+(17.8-26.81)^2+(16.3-26.81)^2]/10=97.86million

The standard deviation is just the square root of the variance:

standard deviation=√(var)

, the standard deviation is the square root of 97.86, which equals $ 9.89 million

4 0

3 years ago

Present and future value tables of $1 at 3% are presented below

Molodets [167]

Answer:

B. $228,122.

Explanation:

Number of quarters = 3 * 4 = 12

Quarterly interest rate = 12%/4 = 3%

From the table, the correct discounting factor for the future value (FV) = 1.42576

We then have:

FV = $160,000 * 1.42576 = $228,122

Therefore, the maturity value of the CD is $228,122.

5 0

3 years ago

Based on the spreadsheet below, which of the following is a true statement? a. The net cash flow is negative. b. The net cash fl

Afina-wow [57]

Answer:

c. The net cash flow is positive.

Explanation:

A net positive balance occurs when the total cash inflow exceeds total cash outflows. Inflow is cash coming in, while outflow is cash leaving the business. In a business, sales represent cash inflows, while expenditure represents cash outflows.

In this case, the sales total to $1,600 while expenses are $1,490. The net cash flow is the difference between the inflows and the outflows. Here, the difference is a positive $110.

6 0

3 years ago

Read 2 more answers

The managing director of top dog companies

Alexeev081 [22]

Answer:

What???

Explanation:

Jens-Peter Clausen. Managing Director and DE GmbH Partner.

Katrin Clausen. Manager.

Im not sure if my answer is right ▪_▪

4 0

3 years ago