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jeyben [28]
3 years ago
12

German automakers Audi, Mercedes-Benz, and BMW all share the same goal of leading the international luxury vehicle market. Audi

has made the decision to target younger professionals in established markets and this decision is reflected in the company's new, trendy body designs. Audi's approach of targeting younger professionals in established markets is a strategic move aimed at ________.A. attacking competitionB. reducing costsC. increasing qualityD. diversifying risks
Business
1 answer:
Lena [83]3 years ago
5 0

Answer:

A. Attacking Competition.

Explanation:

Audi's approach of targeting younger professionals in established markets is a strategic move aimed at attacking competition because 'target market'is a market positioning strategy. A target market is a particular group of customers that a product or company is aiming at, and in the case of Audi it is young professionals in established markets. Target market is also a marketing strategy which shows the area of the market that a particular competitor wants to focus on, to gain market share.

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Kier Company issued $660,000 in bonds on January 1, Year 1. The bonds were issued at face value and carried a 5-year term to mat
yuradex [85]

Answer:

Interest Expense $39,600

Cash Flow from Operating Activities $39,600

Explanation:

Payment of Interest Expense is the cash expense paid during the year which is deducted from the operating profit in the calculation of net income which is used to determine the cash flow from operating activities.

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At the time of payment Journal Entry will be as follow

Dr. Interest Expense   $39,600

Cr. Cash                       $39,600

As the cash is paid against the operating activities.

3 0
3 years ago
To complete your degree and then go through graduate school, you will need $95,000 at end of each of the next 8 years. Your Aunt
VARVARA [1.3K]

Answer:

PMT = $95,000

Rate = 4%

Life = 8 years

a. Amount to be deposited today

= PV(Rate, N, -PMT)

= PV(4%, 8, -95,000)

= $639,610.76

b. Amount in account after 3rd withdrawal

= PV(Rate, N, -PMT)

= PV(4%, 5, -95,000)

= $422,913.12

c. Balance in account after 8th withdrawal

= = PV(Rate, N, -PMT)

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= $0

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5 0
3 years ago
Justin deposits $4,000 into an IRA account that earns an annual interest rate of 6.5%. If he makes no additional deposits, how m
Liula [17]

Answer:

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8 0
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