Answer:
Channel of distribution
Explanation:
Channel of distribution consists of the marketing intermediaries that transport and store goods as they move through their part from the producer to final user.These channels include the distributors , wholesalers ,retailers and the internet.
The main purpose of the channel of distribution is to connect production to consumption and also to create time , place and possession utilities which constitutes the added value of production.
Answer:
$277.61 is applies to the principal balance of the second payment.
Explanation:
Loan is provided to purchase any asset and pay it back on easy installment with some interest amount yearly.
Use following formula to calculate monthly installment:
P = (PV x r) / ( 1 - ( 1 + r )^-n )
P = ( $150000 x 7.35%/12 ) / ( 1 - ( 1 + 7.35% / 12 )^-240
P = 1194.669
1st payment
Payment = $1,194.67
Interest = 150,000 x 7.35/12 = $918.75
Principal Payment = $1,194.67 - $918.75 = $275.92
Outstanding balance = $150,000 - $275.92 = 149,724.08
2nd Payment
Payment = $1,194.67
Interest = 149,724.08 x 7.35/12 = $917.06
Principal Payment = $1,194.67 - $917.06 = $277.61
Answer:
Based on this information, the purchase contract is probably <u>Void/Voidable</u> under the Truth in Lending Act (TILA) of 1968 is a United States
Answer:
Return Address
Explanation:
There are primarily <u>7 parts of a letter</u> and these are the following:
<em>1. Letterhead/Heading (business) or Return Address (an individual)</em>
<em>2. Date</em>
<em>3. Inside Address</em>
<em>4. Salutation/Greeting</em>
<em>5. Body</em>
<em>6. Complimentary Close</em>
<em>7. Signature</em>
The "Return Address" refers to the <em>address of the sender.</em> This includes the name of the sender as well. This is very important especially if the letter requires a response from the recipient.
Answer: A spiff
Explanation:
Spiff is actually a form of slang to refer to someone who receives an incentive for selling an item to customers on behalf of a vendor. This motivates the seller to push the vendor's items (sell them) onto its (seller's) customers. The incentive usually comes in the form of a bonus and is paid out immediately.
In this question the gourmet mustard manufacturer is the vendor, and Beverly is the seller. Beverly receives $1 for every jar of mustard she sells, which is the bonus. This motivates her to keep selling these jars on behalf of the manufacturer (vendor). This payment is immediate, as she receives it everytime she sells a jar of mustard.
