Answer: rigid customer base
Explanation: The reason behind the ongoing success of radio industry is that over 90% of individuals in the world, especially in western countries, still listens to audio in their free time once or twice in a given week, thus making it an attractive platform for different business entities to advertise their products.
Thus, because of that rigid customer base, the radio industry is still making millions.
<span>with an exchange rate of 11 pesos per dollar, the hotel stay will cost $636.36</span>
Godiva chocolates produces specially decorated boxes of candies for valentine's day, easter, and christmas. This is an example of occasion segmentation.
Occasion segmentation is when you divide the market into different groups based on different occasions when a buyer will spend money on a product or service. Different products are normally marketed for events and time of the year.
Answer:
$69.53
Explanation:
loan's balance = $94,000
interest expense per year = $94,000 x 4.5% = $4,230
interest expense per day = $4,230 / 365 = $11.5890411
the seller is responsible for 25 days of interest = 25 x $11.5890411 = $289.73
the buyer is responsible for 6 days of interest = 6 x $11.5890411 = $69.53
Answer:
fixed Cost 39,000
Explanation:
<u>The break even point is the level of sales at which net income equal to zero.</u>
This means the company operates and pays their fixed and variable cost
<u>The formula for break even point in units is:</u>
<u>Where:</u>
Contribution per unit = Selling price - variable cost
<em>15 per unit = 28 - 13 </em>
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We are given the BEP and we need to solve for Fixed cost
Fixed Cost = 22,600 x 15 = 39,000
The depreciation expense is irrelevant for the case, we can solve for the total fixed cost directly by using the BEP
