Answer:
Maximum amount to be paid = $ 11,978.13
Explanation:
<em>This is an example of an annuity . </em><em>An annuity </em><em>is a series of periodic equal cash inflows or cash outflows occurring for certain number of years.</em>
<em>The maximum amount to be paid would be the present value (PV) of the cash flows discounted at the required rate of return of 8%</em>
This would be be done using the formulae below:
PV = A × 1 - (1+r )^(-n)/r
A- 3000 r - 8%, n - 5
PV = 3000× 1 -(1.08^(-5))/0.08
= 3000 × 3.9927
= $ 11,978.13
Maximum amount to be paid = $ 11,978.13
The audience, and how willing they will be to comply with what is being asked. If they are not likely to be receptive, it would be better to use an indirect approach to warm them up to the idea first.
Answer:
If Aquataste sticks to the agreement, Waterland has an incentive to renege on the agreement by producing 350 gallons because Waterland’s profits would then increase from $375 to $525.
Explanation:
If Waterland and Aquataste both produce 250 gallons each and charge $1.50 per gallon.
There would be 500 gallons in total, and the total revenue would be
$1.50 × 500 = $750
which when shared equally between Waterland and Aquataste would result in each of them getting $375 each.
But if Aquataste sticks to the agreement, Waterland has an incentive to renege on the agreement by producing 350 gallons, still charging $1.50 and Waterland’s profits would then be
$1.50 × 350 = $525
Hope this Helps!!!
Answer:
Marketing Mix
Explanation:
Marketing mix is a combination of various components which are controlled by an organization or firm aimed at influencing a consumer's desire in purchasing their products. It is centered upon the historical 4Ps of marketing which are
1. Place
2. Promotion
3. Product, and
4. Price.
It is the method or technique used in taking or rather introducing or new product or service to the market. It is a group of tools used by businesses and marketers in selling their products and services to the buyers and final consumers.
The first thing you should do to solve this problem is to know how much was the discount of the sunglasses.
We have then:
44.95 $ ---> 100%
26.97 $ ---> x
Clearing x:
x = (26.97 / 44.95) * 100 = 60%
therefore, the discount is
100-60 = 40%.
Then, the original price of the swimsuit will be
(28.95 $) * (1 + 0.40) = 40.53 $
answer:
the original price of a bathing suit that has a sale price of $ 28.95 is $ 40.53
