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Andre45 [30]
3 years ago
12

A real estate agent is considering changing her land line phone plan. There are three plans to choose from, all of which involve

a monthly service charge of $20. Plan A has a cost of $.41 a minute for daytime calls and $.16 a minute for evening calls. Plan B has a charge of $.51 a minute for daytime calls and $.15 a minute for evening calls. Plan C has a flat rate of $80 with 300 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening.
a. Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month. (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Cost for Plan A $
Cost for Plan B $
Cost for Plan C $
b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (Round each answer to the nearest whole number.Include the indifference point itself in each answer.)
c. Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans A and B? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places. Omit the "%" sign in your response.)
Business
1 answer:
BlackZzzverrR [31]3 years ago
7 0

Answer:

a. Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.

  • Cost for Plan A = ($0.41 x 120) + ($0.16 x 40) + $20 = $ 75.60
  • Cost for Plan B = ($0.51 x 120) + ($0.15 x 40) + $20 = $ 87.20
  • Cost for Plan C = $80 + $20 = $100

b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?

  • If the agent will use the service only for daytime calls, Plan A is better if the agent uses 195 minutes maximum. If the agent expects to use 196 or more minutes, then Plan C is better.

c. Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans A and B?

  • Plan A charges 10¢ less per daytime minute, while plan B charges 1¢ less for evening minutes, that means that the proportion of daytime calls should be 1/11, while the proportion of evening calls should be 10/11.

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iVinArrow [24]

Answer:

a) geographic diversification strategy.

Explanation:

In this scenario, Symphon Times Inc., a Swiss-based premium watch brand, has recently started selling its watches through company-owned retail outlets in major cities of the emerging nations. The type of diversification strategies the firm is pursuing is a geographic diversification strategy.

Geographical diversification strategy can be defined as the process of diversifying your investments across various geographical regions (market) so as to improve profits or returns on investment and primarily to mitigate the overall business risk.

Hence, using the geographic diversification strategy Symphon Times Inc., is spreading its risk across various geographical regions or emerging nations by allocation of its resources in order to prevent them from being vulnerable to external conditions and to improve their performance and competitiveness. Thus, a geographic diversification strategy is simply a business management strategy that entails "not putting all your eggs in a basket" rather you should have them spread across in order to prevent or mitigate the overall risks.

<em>Additionally, in order to preserve wealth and to reduce portfolio risks it is advisable that business owners such as Symphon Times Inc. engage in geographic diversification strategy.</em>

4 0
3 years ago
why is allowance for doubtful accounts credited, instead of accounts receivable, when recording the adjusting entry for bad debt
alukav5142 [94]

The allowance for doubtful accounts credited, instead of accounts receivable when recording the adjusting entry for bad debts  Because accounts receivable is made up of numerous client accounts, it cannot be credited unless it is known which particular customer will not pay.

The provision for questionable accounts is referred to as a "counter asset" since it reduces the value of an asset, in this example, the accounts receivable. The compensation, often known as a doubtful account, is management's projection of the amount of accounts receivable that customers will not pay. Let's assume, using the aforementioned example, that on June 30 a business reports an accounts receivable debit balance of $1,000,000. The business predicts that $50,000 will not be converted into cash and expects some consumers won't be able to pay the full amount.

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7 0
1 year ago
Jang-mi owns her own cleaning business and posts on local message boards online to advertise her business. Customers can reach o
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(C) Direct marketing.

<h3>What is telemarketing?</h3>
  • Telemarketing is a form of direct marketing in which a salesman calls potential clients to ask them to purchase goods or services.
  • This can be done over the phone, during a prearranged in-person meeting, or by web conferencing.
<h3>What is microtargeting?</h3>
  • Direct marketing datamining techniques that use predictive market segmentation are part of microtargeting, which is frequently used by political parties and election campaigns.
<h3>What is direct marketing?</h3>
  • The act of presenting an offer directly to a target client and providing them with a way to respond immediately is known as direct marketing.
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  • Advertising, in contrast, is a form of mass messaging.
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3 0
1 year ago
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fiasKO [112]

Answer:

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7 0
2 years ago
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Currently the price of Titanic stock is $20 a share. You have $40,000 of your own funds to invest. Using the initial margin of 5
PtichkaEL [24]

Answer:

The percentage profit if you purchase the stock and it rises to $30 a share

= $166.67

Explanation:

Titanic stock is $20 a share. You have $40,000 of your own funds to invest.

∴ $4,000.00/$20 = 200.00 shares were bought with $4,000.00

With margin of 50 percent and maintenance margin of 30 percent,

50% + 20% = 80%

∴  New Cost of Stock ($30.00) ÷ $4,000.00)

= $133.33 X 0.80

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