Answer:
B) Net sales will increase.
Explanation:
Net sales = total sales - sales returns and allowances
If the percentage of sales returns and allowances is reduced, then total net sales should increase. E.g. total sales are $100, sales returns and allowances are $4, then net sales = $96. If sales returns and allowances decreases to $2, then net sales will be $98.
Also, if the fee that credit cards charge decreases by 1%, net sales will also increase. Credit card fees decrease total sales, e.g. you sell $50 using credit card and the credit card company charges you $1.50, your total sales will be $48.50, but if the credit card company only charges $1, then total sales will be $49.
Answer:
b. increase; decrease
Explanation:
As the input prices increase, the firms average cost will increase as well, this will make the equilibrium point move as the supply curve will shift to the left.
This movement will met the demand curve at a higher price and therefore, a lower quantity as the consumer demands decreases when the price of a certain good increase and move a portion of his consumption to other goods whch now has a lower opportunity cost.
Answer:
$34,116
Explanation:
To determine how much Pete would should save, we have to determine the present value of $13,000
Present value is the sum of discounted cash flows
present value can be calculated with a financial calculator
Cash flow each year from year 1 to 3 = $13,000
I = 7%
Present value = $34,116
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
General Motors company have embraced many of the competitive price decisions. For instance , a simple pricing strategy.
Simple pricing strategy approach involves setting of prices which depends upon what your rival companies are offering as well as maintaining the quality of the products and services offered by you.
In this case, you should increase the number of sales by initiating different types of discounts.
This price decision taken by simple pricing strategy is optimal since it has maximized the profits on all products and services offered by General Motors Company.
Price adjustments could be made by understanding our customer needs and the quality of the product or services the customers want. The profit consequences in terms of price adjustment are relatively high since we are able to exceed the production than the demand.
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The true statement is because of the small amount of risk involved, Rodney should expect to only earn a small amount of interest on his deposit.
<h3>What is the risk and interest rate ?</h3>
The Federal Deposit Insurance Corporation (FDIC) was established as a result of the bank runs that plagued the era of the great depression. The FDIC insures the deposits of bank depositers. This eliminates the risk that customers would lose the money deposited if the bank becomes insolvent.
Due to the fact that bank deposits are insured, there is a little or no risk associated with saving your money in the bank. There is a positive relationship between interest rate and risk. Since, the risk is low, the interest rate would be low.
To learn more about the federal deposit insurance corporation, please check: brainly.com/question/827771
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