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kherson [118]
3 years ago
7

When does a business make a profit? A business makes a profit when its exceed its .

Business
1 answer:
Rasek [7]3 years ago
8 0

Answer:

when sales revenue exceed costs

Explanation:

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Find the effective interest rate per payment period for an interest rate of 9% compounded monthly for each of the given payment
Temka [501]

Answer:

a. 0.75% per month

b. 2.25% per quarter

c. 4.5% semi- annually

d. 9% yearly

Explanation:

a. Computing the effective interest rate per payment period for the payment schedule which is monthly:

Effective rate (monthly) = Nominal rate (r) / Compounded monthly (m)

where

r is 9%

m is 12

Putting the values above:

= 9% / 12

= 0.75% per month

b. Computing the effective interest rate per payment period for the payment schedule which is quarterly:

Effective rate (quarterly) = Nominal rate (r) / Compounded quarterly (m)

where

r is 9%

m is 4

Putting the values above:

= 9% / 4

= 2.25% per quarter

c. Computing the effective interest rate per payment period for the payment schedule which is semi- annually:

Effective rate (semi- annually) = Nominal rate (r) / Compounded quarterly (m)

where

r is 9%

m is 2 (every 6 months)

Putting the values above:

= 9% / 2

= 4.5% semi- annually

d. Computing the effective interest rate per payment period for the payment schedule which is annually:

Effective rate (annually) = Nominal rate (r) / Compounded yearly (m)

where

r is 9%

m is 1 (end of the year)

Putting the values above:

= 9% / 1

= 9% yearly

3 0
3 years ago
Paying for a WiFi Network. Consider a small town with 1,000 households. The town could install a wireless WiFi network that woul
lesantik [10]

Answer:

a.The efficiency of the WiFi system will depend upon the usage and the speed of internet provided by the ISP (Internet Service Provider). Keeping in mind that the town have 1,000 households the network to choose will need to be fast and reliable also each household should be allowed to download a certain amount of DATA via internet so that the each household can get benefit from the WiFi System.

b. If each household is willing to pay $50 per year the contribution received will be $50×1,000 = $50,000. So the cost of WiFi system will be recovered.

c. If the town keeps tracks of the contributions and ask the household to contribute at least $20 per year so yes the total cost of WiFi system will be recovered. $20× 1,000= $20,000

Explanation:

6 0
3 years ago
What are the eight differences between personal selling (direct contact) and non-personal selling (indirect contact, such as Int
Julli [10]

Answer:

internet banking facility

3 0
3 years ago
Tasteequik Food markets one line of food products to consumers looking for meals that are very simple and quick to prepare. Tast
Stolb23 [73]

Answer:

Letter A is correct. <u>Benefit segmentation.</u>

Explanation:

Benefit segmentation is a marketing strategy that consists of dividing your audience according to the benefits or advantages perceived by the consumer when purchasing a product or service. Segmentation can occur according to various variables such as performance, customer service, special features, quality, and more.

There are several benefits added to this benefit segmentation strategy, especially the conversion of interest in the product or service into new customers, as well as customer retention and satisfaction.

To be successful and achieve the benefits described, segmentation must be designed and targeted to create marketing and advertising that engages the customer and assists in building brand value.

4 0
3 years ago
In a production process new raw materials are considered_____ whereas the finished products are considered______
loris [4]

Answer:

In a production process new raw materials are considered_____ whereas the finished products are considered______

WIP (Work IN Process)

Units for Sale/ Raw Material for other Processes

Explanation:

WIP (Work IN Process)

The raw material in WIP is converted to useful material for other processes.

Work in process consists of materials labor factory overhead or collectively called as conversion costs. In Work in Process these are completed fully or to a certain limit and send to other processes for further work.

Units For sale

Finished goods are ready for sale and send to desired stores or ware houses for storage and further dispatching to retail stores.

Sometimes these units further need servicing or processes in other departments to make a complex unit . In these situations they are considered raw material for other processes.

3 0
3 years ago
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