Answer:
The correct answer is E
Explanation:
Educate is the word which is defined as teaching, train, provide intellectual, social instruction and moral to someone, which is usually at a university or at a school.
When the potential consumers who arrive at the stores or websites, the marketer have the opportunity for educating the customers regarding the offered advantage or benefits and the value proposition. Therefore, it is an example of educating the consumers.
Answer: 24 months
Explanation:
The law of the state allows for periods more than 24 months, a 2 years of conversion privilege is required by federal law.
Answer:
profit margin = 23.33%
Explanation:
profit margin = net profit / net sales
- net profit = $2,800
- net sales = $12,000
profit margin = $2,800 / $12,000 = 0.233333 = 23.33%
The profit margin is a profitability ratio used to compare how many cents different companies are able to make from selling $1. Different companies have different sales levels, but we can group companies by industries and then compare them in order to determine which ones are more efficient at generating income. E.g. Company A sells $100 million but only makes $2 million in profits per year (PM = 2%), and it is much less efficient than Company B that sells $10 million and makes $1 in profits (PM = 10%). Company A's costs are too high compared to Company B's costs.
Options:
a) $10,000
b) $1,000
c) $1,100
d) $11,000
Answer:
d) $11,000
Explanation:
There is 1% chance of involving in the auto accident
1% of $100, 000 = 1/100 * 100000 = $1000
The insurance company charges a 10% risk premium
10% of $100,000 = 10/100 * 100000 = $10,000
Full coverage = $10,000 + $ 1000
Cost of Full coverage = $11,000
