Answer:
It’s when you convince people to buy a product, or service. Marketing is used in this.
Explanation:
Answer:
Loss
Explanation:
Because she started with 860.00 then ended with 300
Answer:
$720 and $180
Explanation:
According to the scenario, computation of the given data are as follows:
Premium for 3 years = $2,700
So, premium for 1 year = $2,700 ÷ 3 = $900 per year
Manufacturing operation percentage = 80%
Selling and administrative operation percentage = 20%
So, Premium for manufacturing operation = $900 × 80% = $720
And Premium for selling and admin operation = $900 × 20% = $180
Answer:
-7.407%
Explanation:
Let interest rate be x%
Present value of payment = $130,002 * PV of discounting factor (rate%, time period)
$103,200 = $130,002 * 1.0x^3
1.0x^3 = $103,200 / $130,002
1.0x = ($103,200 / $130,002)^(1/3)
1.0x = 0.793834^(1/3)
1.0x = 0.92592660981
x = (0.92592660981 - 1) * 100
x = -0.07407*100
x = -7.407%
Answer:
$280,000
Explanation:
Computation for the company’s residual income for the year
Using this formula
Residual Income=Operating income- (Average operating assets×Rate of return)
Let plug in the formula
Residual Income = $450,000 – ($1,700,000 x 10%)
Residual Income=$450,000-$170,000
Residual income=$280,000
Therefore te company’s residual income for the year will be $280,000
