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marta [7]
3 years ago
13

Green Industries purchased a machine from Cyan Corporation on October 1, 2021. In payment for the $145,000 purchase, Green issue

d a one-year installment note to be paid in equal monthly payments at the end of each month. The payments include interest at the rate of 18%. Monthly installment payments are closest to\
Business
1 answer:
agasfer [191]3 years ago
6 0

Answer: $13293.59

Explanation:

The following information can be deduced from the question:

Number of periods (n) = 12

Interest rate(i) = 18%/12 = 1.5%

Purchase price = $145000

PVA = [1 -(1.015)^-12] / 0.015 = 10.90751

Monthly installments payment = Purchase price / PVA

= $145000 / 10.90751

= $13293.59

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As more competitors launch their own products and the product progresses along its life cycle, company attention is focused on c
Mazyrski [523]

Answer:

B) selective

Explanation:

Selective demand can be defined as the consumers' preference for a specific brand.  

When your product is launched and during the growth stage, its demand can be classified as primary demand since there is little or no competition and consumers will buy the new product. But when more competitors get into the market and start launching their owns products, you must create a preference for your brand. Your products needs to stand out and develop or maintain core competencies during the maturity stage.

6 0
3 years ago
Listed below are current asset items for Lester Company at December 31, 2019. Finished goods inventory $35,000 Cash 22,000 Prepa
ioda

Answer:

Current Assets :

Work in process inventory          23,000

Raw materials inventory              17,000

Finished goods inventory           35,000

Supplies                                            500

Accounts receivable                     4,000

Prepaid expenses                         2,000

Short-term investments              25,000

Cash                                            22,000

Total                                           128,500

Explanation:

Current Assets are always shows in the order of their liquidity in the Balance Sheet. That is the order in which they are quickly be converted into cash within a period of less than 12 months. Start with the Inventories to cash and cash equivalents as shown above.

7 0
3 years ago
Product deletion can best be described as the process of deleting a product from the product mix when it a. no longer responds t
Mamont248 [21]

Answer:

(c). no longer satisfies a sufficient number of customers

Explanation:

Product deletion refers to removal or discontinuance of a product from the product line when such a product has been consistently incurring losses since a number of years and it's further continuation would adversely affect the other products and profitability.

A product is usually deleted from the product line on the grounds of it's failure in satisfying a sufficient number of customers.

Hence, the correct option is (c). no longer satisfies a sufficient number of customers.

5 0
4 years ago
How might firms BEST use marginal analysis to determine price and output when there are additional costs related to hiring a new
wel

Answer:

bruh ok look its A

Explanation:

because this fool just got me wrong

7 0
4 years ago
Jackson is the owner of a small pizzeria and draws a variety of competition—from other local restaurants offering pizza to the l
Nataly [62]

Answer:

The correct answer is letter "B": False.

Explanation:

Small businesses have an advantage in differentiating their products because they are closer to their clients and are often more flexible than their bigger competitors. The differentiation of innovative goods is often a key factor in small business success.

6 0
4 years ago
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