Answer:
Instalment receivables (net) of $2,905,600 is the correct answer.
Explanation:
Instalment Receivables ($5,000,000 - $460,000) = $4,540,000
Deferred gross profit ($1,800,000 - $165,600) = $1,634,400
Instalment Receivables (Net) = $2,905,600
Answer:
d. the complexity of the product.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. The pre-service strategies includes identifying the following target market, design, branding, market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Personal selling also known as face-to-face selling can be defined as a sales technique or strategy in which the salesperson meets with the potential buyer (customer) for the sole purpose of convincing him or her to buy a product.
For Michael, personal selling works better than other forms of promotion because of the complexity of the product i.e high technicalities associated with the product. The product Michael are highly technical and as such would require guidance or explanation on how to safely use them.
Answer:
the lifetime learning credit is $38
Explanation:
The computation of the lifetime learning credit is shown below:
= 20% of tuition cost
= 20% of $190
= $38
Hence, the lifetime learning credit is $38
We simply applied the above formula so that the correct value could come
And, the same is to be considered
he is eligible for 20% only so the same is relevant
Answer:
Elascticity of supply is 2.38, which means that it is highly elastic.
Explanation:
At a wage rate of $50 per hour, Charles is willing to work 10 hours per week.
At a wage rate of $65 per hour, he is willing to work 19 hours per week.
Here,
P1 = $50, P2 = $65, Q1 = 10 hours, Q2=19 hours
Change in labor supply
= 
= 
= 
= 0.62
Change in labor price
= 
= 
= 
= 0.26
Elasticity of supply
=
=
=2.38
Elascticity of supply is 2.38, which means that it is highly elastic.
Answer:
A corporation is a separate entity apart from that of the owners. A corporation is not responsible for its debts if it fails. A corporation is much larger than other kinds of businesses.
Explanation:
