Answer: Option (B)
Explanation:
Here, in this particular case we can state that Lenox would use <em>personal selling </em>as the promotional element in order to reach their Macy's buyer. Personal selling is referred to as use of individuals by businesses in order to sell their commodity after meeting their respective clients face-to-face. The sellers mostly tend to advance the commodity through their belief, conviction appearance and the knowledge regarding the commodity.
Marcus is an operations manager, meaning he works to design and control production and operations involved in making and delivering a product.
Answer:
It would need to charge at least 66,960 to break even.
But it should offer his normal fee
Explanation:
Sales revenue 736,000
Cost Labor (466,000)
Lease (49,300)
Rent (42,400)
Supplies (32,300)
Tom salary <u> (73,500) </u>
Operating profit 50,500
increase in labor cost 58,800
increase in lease 4,930
supplies increase 3,230
the rent is a fixed cost, it would not change.
Total incremental cost: 66,960
It would need to charge at least 66,960 to break even.
Anyway, Tom should offer their normal fee as this job takes responsabilities and use Tom capacity to attend other client as it would invest time on this store rather than other projects
Answer:
The correct answer is option C.
Explanation:
US demand for Japanese products will create a supply of US dollars and demand for Japanese yen in the foreign exchange market.
This is because when the US consumers purchase Japanese products they need to pay in Japanese yen, so they will exchange US dollars for Japanese yen. Consequently, this will lead to an increase in the supply of US dollars and a demand for Japanese yen.
The options provided are incorrect. The correct answer is given below
Answer:
New Portfolio beta = 1.125
Explanation:
The portfolio beta is the function of the weighted average of the individual stock betas that form up the portfolio. The formula to calculate the beta of a portfolio is as follows,
Portfolio beta = wA * Beta of A + wB * Beta of B + .... + wN * Beta of N
Where,
- w represents the weight of each stock in the portfolio
New Portfolio beta = 50000/200000 * 0.8 + 50000/200000 * 1 +
50000/200000 * 1.2 + 50000/200000 * 1.5
New Portfolio beta = 1.125
