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Eva8 [605]
3 years ago
8

A survey by the National Restaurant Association found that 70% of consumers say that they are more likely to visit restaurants t

hat offer locally produced food. If the city has a metropolitan population of 1,773,120, how many might prefer a restaurant with locally produced food?
Business
1 answer:
LekaFEV [45]3 years ago
3 0
To determine the number of consumers which might prefer eating locally produced food, we simply multiply the metropolitan population by the decimal equivalent of the percentage given. That is,
                            = (1,773,120)(0.70) 
                            = 1,241,184
Thus, 1,241,184 will most likely prefer the locally produced food. 
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max2010maxim [7]

Answer:

Explanation:

a.Present value of inflows=cash inflow*Present value of discounting factor(rate%,time period)

=150,000/1.12+210,000/1.12^2+360,000/1.12^3

=557580.18

NPV=Present value of inflows-Present value of outflows                  

=557580.18-460,000

=$97580.18(Approx)=Value of factory

b.Hence since net present value is positive;factory is a good investment

(Yes)

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3 years ago
Using your computer for non-work activities while you are being paid to work is known as
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3 years ago
As a stockholder in Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets o
fgiga [73]

Answer:

See below

Explanation:

a. Earnings per share

= After tax earnings / Number of common shares outstanding

= $3,000,000 / 761,000

= $3.9 per share

b. Assuming that a share of Bozo Oil's company has a market value of $40, then, the firm's price earning ratio would be:

= Common stock market value / Earnings per share

= $40 / $3.9

= 10.26

c. The book value of a share of Bozo Oil's common stock

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= ($15,000,000 - $9,000,000) / 761,000

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7 0
3 years ago
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hammer [34]

Answer:

market segment

Explanation:

We know that a market segment is a group of people who share one or more common characteristics, lumped together for marketing purposes.

In this example, The Coffee Collective is seeking to discover target customers who share particular coffee drinking habits and who are open to loyalty reward programs. Thus, they aim to find potential customers who share common characteristics.

7 0
3 years ago
a a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping dem
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It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.

<h3>What is competitive market?</h3>

A perfect competitive market has a straight line graph on the demand of goods and services this means that the goods are sold at the market price. Monopoly market price are not regulated hence the curve is not straight.

Therefore, It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.

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2 years ago
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