Answer:
The answer is C.
Explanation:
Necessity goods are the goods or services that a consumer will continue buying whether income falls or the price rises. This type of goods are considered essential. The are not sensitive to price. To Jane, Diet coke is a necessity because she takes it everyday.
While luxury goods are goods that are really not essential. They are owned or bought for the sake of showing wealth or affluence. To Jane, gourmet cheese is a luxury good.
Answer:
The period of payback of the project is 2.30 years. Therefore, the correct answer is C
Explanation:
We will computing the Cumulative Cash Flow from Year 0 to Year 3
Cumulative Cash Flow Year 0 = Cash Flow of Year 0
= -$1,150
Cumulative Cash Flow of Year 1 = Cash Flow of Year 1 + Cash Flow of Year 0
= $500 + (-$1,150)
= -$650
Cumulative Cash Flow of Year 2 = Cash Flow of Year 2 + Cumulative Cash Flow Cash Flow of Year 1
= $500 + (-$650)
= -$150
Cumulative Cash Flow of Year 3 = Cash Flow of Year 3 + Cumulative Cash Flow Cash Flow of Year 2
= $500 + (-$150)
= $350
Now, Computing the Pay back period with the formula:
Pay back period = 2 + (Cumulative Cash Flow of year 2 / Cash flow of year 3)
= 2 + (-$150/ $500)
= 2 + 0.3
= 2.3 years
Answer:
Part 1. Marketing Department
Part 2. Sales Department
Explanation:
The Marketing department is the one which is responsible for creating product awareness among the target market segment customers. The marketing department assesses the best option to approach the customers present in the market segment. The option that will generate greater product awareness and is less costly to the organization is the best option that the market department tries to find to reach customers.
On the other hand, the Sales department is responsible to approach its potential customers to ensure that sales targets are met. They are the ones who will finalise the dealings between the company and the customer to sell the products or services.
Marta, the public relations manager of a local library, is meeting with the news media regarding a new reading program for children. Marta is performing the spokesperson role.
<h3>What is the role of a spokesperson?</h3>
The role of a spokesperson is to communicate information the public wants or needs. The spokesperson is not only responsible for the messages being conveyed, but he or she should also be involved in the development of the key messages.
Managers represent and speak for their organization. In this role, you're responsible for transmitting information about your organization and its goals to the people outside it.
To learn more about spokesperson visit the link
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Answer:
guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk
Explanation:
Given that the purpose of Tax planning is to ensure that there is tax efficiency for the firm, in an after-tax evaluation, the goal of the firm in terms of returns or profits is toll achieved.
Hence, in this case, the correct answer to the question is that TAX PLANNING "guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk."