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Vanyuwa [196]
3 years ago
15

Jen traded in her old car for her heart's desire, a new Lexus sedan. The Lexus is considered a specialty product.

Business
2 answers:
SashulF [63]3 years ago
5 0

Answer:

The statement is: True.

Explanation:

Specialty products are those whose consumers could spend a lifetime saving money with the purpose of purchasing them. They are typically uncommon and luxurious and, in most cases, are bought as a sign of loyalty to the brand or because of special preference to it.

Dominik [7]3 years ago
3 0

Answer:

True

Explanation:

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The Nash Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in t
polet [3.4K]

Answer:

BUILDING C

Explanation:

Calculation to determine In which building would you recommend that The Nash Inc. locate, assuming a 12% cost of funds

BUILDING A $611,000

Calculation for BUILDING B

Annual payments $71,370

X PV factor 8.65246=1+(1-(1.11)^-24)/0.12

Net present value $617,526.1

Calculation for BUILDING C

Annual rental $6,800

X PV factor 7.71993 =(1-(1.11)^-25)/0.12

Present value 52,495.5

Net present value =$657,400- $52,495.5

Net present value =$604,905

Net present value

Building A $611,000

Building B $617,526.1

Building C $604,905

Based on the above calculation Nash inc should locate itself in Building C because it has less Net present value

Therefore the building you would recommend that The Nash Inc. locate, assuming a 12% cost of funds is BUILDING C

4 0
3 years ago
Neo-mercantilists equate political power with economic power and economic power with:______a. corruption.b. a balance-of-trade s
butalik [34]

Answer: balance of trade surplus

Explanation:

Neomercantilism is a policy regime whereby export was encouraged while import was, discouraged. It also controls capital movement, and advocatee for currency decisions to be a government decision.

Neo-mercantilists equate political power with economic power and economic power with balance of trade surplus which is when the value of exports are more than that of imports.

7 0
3 years ago
A company that makes modular bevel gear drives with a tight swing ratio for optimizing fork-lift vehicles was told that the inte
Troyanec [42]

Answer:

The APY is 14.9%

Explanation:

To find the annual percentage yield we need to compute the effective annual rate of interest.

The Effective annual rate of return(EAR) is the equivalent rate to be paid where compounding is done frequently at period or interval less than a year.

Compounding implies the regular interval when interest is always computed; in this scenario, it is monthly.

The EAR can be worked out as follows

EAR = ( (1+r)^m - 1 ) × 100

r- interest rate per period

m- number of periods in a year

EAR - Effective annual rate

r = 3.5%/3 = 1.167 % per month

m= number of months in a year = 12

EAR =( 1.01167^12-1)× 100 = 14.9%

The APY is 14.9%

This implies the quoted interest rate of 3.5% per quarter is the same as paying 14.9% per year

5 0
3 years ago
Mister Plow has contracted to perform snow removal services for the city of Springfield. Record snowfall has more than doubled t
trasher [3.6K]

Answer:

Fixed price contract

Explanation:

A fixed price contract states that price for services rendered is fixed as mentioned in the contract irrespective of time taken and resources used.

Price cannot be revised in case effort and time has increased more than expected. In this case, Mister Plow cannot ask for more money as service contracts are fixed price contracts and terms of contract including price cannot be changed.

7 0
3 years ago
Why can the owner of a business withdraw assets from that business for personal use?
HACTEHA [7]
<span>Since the business owner, by definition, is the person who controls all those assets and is responsible for them, he/she can take parts of them home if they so choose. This is a way to manage resources, especially if those resources are still useful in some way.</span>
5 0
4 years ago
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