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Gemiola [76]
3 years ago
5

Connor, the owner of a start-up, has studied his competitor's offerings, the value delivered by his company's products, and the

cost of providing the product to customers. Based on this research, he has set the prices for his products. Because of this, Connor should:_______.
Business
1 answer:
DanielleElmas [232]3 years ago
8 0

Answer:

A. never apologize for the price he quotes.

Explanation:

The prices that connor set was based on his research which included careful calculations of prices the competitors are selling at, the worth in value of his own product combined with the cost of providing that valued product. Hence, given what he considered before naming a price, he should never apologize for any price he quotes. Because, the prices he sets are a reflection of the profits he needs to make and also for sustainability of the business.

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Blue Ridge Bank has a PM of 12 percent, an interest income to total assets ratio of 6.00 percent, and a noninterest income to as
lakkis [162]

Answer:

8.10 Percent

Explanation:

= 0.12 * (6% + 1.50%) * 9

= 8.10%

5 0
3 years ago
Long-term investments that cost the company $25 were sold during the year for $54 and land that cost $53 was sold for $28. In ad
adell [148]

Answer:

Explanation:

Long-term Investment cost = $25

Long-term Investment sales value = $54

Gain from Long-term Investment = $(54-25) = $29

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Loss from sale of Land = $(28-53) = -$25

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6 0
3 years ago
Crossroad Corporation is trying to decide whether to invest to automate a production line. If the project is accepted, labor cos
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8 0
3 years ago
Katie had a high monthly food bill before she decided to cook at home every day in order to reduce her expenses. She starts to s
Orlov [11]

Answer:

The c orrect answer is A.

Explanation:

Giving the following information:

Annual deposit= 1,410

Annual interest rate= 5%

Number of years= 8 years

To calculate the future value of her investment, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {1,410*[(1.05^8)-1]}/ 0.05

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4 0
4 years ago
The Engine Division provides diesel engines for the Motor Home Division of a company. The standard unit costs for Engine Divisio
Lisa [10]

Answer:

The best transfer price to avoid transfer price problems is $2,310

Explanation:

Transfer Price = Variable cost + Fixed Fee

Variable Cost = Direct Material + Direct labor + Variable Overhead

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                       = 2,100

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                        = 2,100 + 210

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Therefore, The best transfer price to avoid transfer price problems is $2,310

3 0
3 years ago
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