Answer:
Test marketing holds a lot of importance for the company. It allows
the company to test their product in a small region so as to get an
idea whether the product will work in a bigger market or not.
Through this, the company can measure the performance of the
product and can decide whether it should be released nationwide
for sale. Through this, the company can estimate the earnings that
can be earned through this product beforehand.
Explanation:
Answer:
time required is 7.70 years
Explanation:
given data
interest rate = 9%
solution
we know with the compounded continuously rate r and time t amount is
A(t) = A(o) 
.................1
and we have given amount is double so
A(t) = 2 A(o)
so from equation 1 put the value and we get here
2 A(o) = A(o)
ln(2) = 0.09 t
solve it we get time
time t = 7.70 years
so time required is 7.70 years
Answer:
Explanation:
This is a question about allocation based on how much the street frontage will be valued in future. That value will then be allocated to the joint cost to see how much to apportion to Street Frontage now.
The total value of the Street Frontage after development is,
= 125 lots * $70,000
= $8,750,000
The total value of Golf lots are,
= 100 lots * $100,000
= $10,000,000
Adding them up,
= 10,000,000 + 8,750,000
= $18,750,000
This is the total amount of the company could make and therefore the lot's value.
Company incurred the following costs.
= 1,850,000 * 1,450,000
= $3,300,000
The amount of joint costs to be allocated to Street Frontage will be,
= 8,750,000/ 18,750,000 * 3,300,000
= $1,540,000
The amount to allocate to Street Frontage based on the total value of the lot is $1,540,000.
Yes the firm should the 1 percent decrease of the capital won’t effect too much. So yes.
Answer: availability of information and increased interaction throughout the organization
Explanation: An enterprise systems is described as an integrated suite of business applications for virtually every department, process, and industry, that allows companies and organizations to integrate information across operations on a company-wide basis by the use of one large database and as a result, there is an upward increase in the availability of information which leads to increased interaction across departments, processes, and industries throughout the organization.
