Answer: Brand image
Explanation:
Brand image is what consumers think about a particular brand. Brand image is the perception of a particular brand in the customers minds.
A brand image develops over time as customers form the image based on their experiences and interactions with the brand. The aim of brand image is to generate more profit by bringing new customers, introducing a new product and better relationship between the organization and its consumers.
Answer:
92.86%
Explanation:
Debt-to-income ratio is a comparison or personal debts against income. It is used to assess an individual ability to accommodate more debts.
The formula for for calculating Debt to income is
Debt to income is <u> Total of Monthly Debt Payments </u>
Gross Monthly Income
For Affan, Total debts are $450 + $375 + $50+ $100 =$ 975
Gross income is not given , we use net income which is $1,050
Debt to income ration = $975/$1050
= 0.92857 x 100
= 92.86%
Answer:
The WACC is 12.24%
Explanation:
The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital structure can be comprised of three components which are debt, preferred stock and common stock.
The formula for WACC is,
WACC = wD * rD * (1-tax rate) + wP * rP + wE * rE
Where,
- w represents the weight of each component in the capital structure
- r represents the cost of each component
- We take the after tax cost of debt. Thus we multiply the cost of debt by (1 - tax rate)
WACC = 0.3 * 0.10 * (1 - 0.4) + 0.03 * 0.13 + 0.67 * 0.15
WACC =0.1224 or 12.24%
I think the correct answer would be that the period's net income that is calculated would be overstated. Not accounting the salvage would mean that the calculated income is too much of what it really is since the depreciation value is miscalculated. Hope this helps.
Answer:
$4,953
Explanation:
Given by the question, we have:
+) Present value of annuity = $17,400
+) Return on the investment = annual interest rate on the loan = 9.4%
The type of this annuity is annuity due.
We have the equation to calculate the present value of annuity due as following:
PV Annuity Due = P × [1 - (1 + r)^(-N)]/r × (1+r)
=> P = PV Annuity Due ÷ {[1 - (1 + r)^(-N)]/r × (1+r)}
In which:
+) P: Annual payment
+) r: annual interest rate = 9.4% = 0.094
+) N: Number of payments = 4 (As the loan is repaid in 4 payments)
+) PV Annuity Due = 17,400
=> P = 17,400 ÷ {[1 - (1 + 0.094)^(-4)]/0.094 × (1+0.094)} ≈ $4,953