Answer:
An Undifferentiated Approach.
Explanation:
While dealing specifically with the marketing mix (product, price, place, promotion), an undifferentiated approach particularly refers to the situation when an organization provides its customers and market with the same product and offers even without considering the different needs and wants of different customer segments. Organization do not do segmentation and targeting, they believe that one single undifferentiated offer will fulfill the needs of their customers quite effectively.
In this problem, we have to calculate the number of years it takes to fully exhaust the fund if Jimmy withdraws 30,000 per year
This can be calculated using NPER function in excel as in =NPER(rate,pmt,pv) where
RATE = annual interest rate = 3% = 0.03
PMT = annual withdrawal amount = 30000
PV = Present value of accumulated savings = 255906
Number of years =NPER(0.03,-30000,255906) = 9.9999 years = 10 years
(Note the PMT is input with a negative sign since it is a withdrawal and is a cash outflow)
Number of years it takes to completely exhaust the fund = 10 years
The answer is "HIV/AIDS".
HIV stands for Human immunodeficiency virus infection and refers to a virus or infection that attacks on our immune system and on the off chance if it is untreated, immune system of a person will be totally demolished. AIDS stands for acquired immune deficiency syndrome and alludes to a set of indications and diseases that happen at the exceptionally last phase of HIV contamination. Testing routinely for HIV implies you can get to treatment if you require it and remain healthy.
Answer:
$7,700
Explanation:
There are two basis of accounting. These are the cash and accrual basis. In the cash basis of accounting, expenses are full recognized only when cash has been paid.
Hence unlike in the accrual basis where the payment or non payment results in the recognition of the expense once it has been incurred (and a corresponding asset or liability in form of prepayments and accrued expense), expenses under the cash basis of account would always result in a debit to expense and a credit to cash.
As such, if On January 1, the law firm paid $ 7 comma 700 for seven months of advertising, this will be recognized as the expense for the two months ending February 28 under the cash basis.