1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
masya89 [10]
3 years ago
6

For the U.S. soft drink market, of the 300 million people in the U.S., 80% of the population is the maximum number of consuming

units. The average soft drink consumer buys 365 soft drinks a year at an average price of $0.98 per drink. What is the annual market potential of soft drink in dollar value
Business
1 answer:
neonofarm [45]3 years ago
6 0

Answer:

Annual market potential = $85,848 millions

Explanation:

The annual market potential is the expected sales value for the soft drink product  for a year should the maximum number of potential consumers purchase the product at the average price.

Annual market potential = Average price × No of consuming unit × consumption rate per annum

Maximum number of consuming unit = 80%× 300 million =240 million

Consumption rate per buyer per annum = 365

Average price = $0.98

Annual market potential ($) = 0.98× 240× 365 =$85,848 millions

Annual market potential = $85,848 millions

You might be interested in
Select the BEST answer choice.
Kobotan [32]

Government can demonstrate its economic involvement by <em>d. manages regulatory programs.</em>

According to the regulation on consumer services, Sam's Super Healthy Candy must inform consumers about the added sugar in its products. For failing to do this, the government severely fined the company. In this way, the government shows that it is involved in the economy through its regulatory activities.

The government does not show its economic involvement by only <em>maintaining competition, producing goods and services, or providing welfare services.</em>

Thus, the government demonstrates its economic involvement by <em>regulating the activities of commercial entities.</em>

Learn more: brainly.com/question/19663917

4 0
2 years ago
Which investment type typically carries the least risk
iren [92.7K]
I think it would be the fixed income market. Hope this helps you.
 <span />
5 0
3 years ago
Read 2 more answers
Name the written test a potential driver must pass and list the minimum required score to earn a learner’s license.
pav-90 [236]
In order to obtain a learners permit, teen drivers are required to pass a written test. Typically they will prepare for this exam by completing a drivers education course. Though not a requirement in all states, drivers ed is the easiest way to be thoroughly prepared for the complicated driving laws and scenarios you’ll face on the permit exam. Once you pass your permit test and earn a permit, there may still be certain restrictions attached to this provisional license — such as requiring a licensed driver over a certain age to be seated in the passenger seat, limiting your driving to daylight hours, and other state-mandated rules.

General United States Permit Requirements

While each state has its own set of guidelines, in general, teens between 14 and 18 years of age can start the drivers education and learners permit process. Once a teen driver has obtained a learners permit, there are additional state-specific requirements they must meet before they can apply for their drivers license.

Before obtaining a learners permit in any state, a teenager is required to pass a driving knowledge test. Drivers education is the best way for a teen to prepare for this exam, whether the state requires it or not. In some cases, passing a drivers ed final exam can substitute for the written exam. No matter how the test is taken, students must pass with at least a 70% or higher, depending on that state’s minimum. Once he or she passes, a teen driver will be issued a learners permit. Some states require teen drivers to have a permit for a minimum of 6 months before they can take their drivers license exam.
8 0
3 years ago
Comfort chair company manufacturers a standard recliner. During February, the firm's Assembly Department started production of 7
guapka [62]

Answer:

1. a. 81,500

2. $38,481

3. $461,382

Explanation:

<u>The equivalent units for conversion costs during February.</u>

Conversion Costs = 15,700 x 65% + 62,900 x 100% + 10,100 x 85 %

                              = 81,690 units

Material Costs = 15,700 x 0% + 62,900 x 100% + 10,100 x 100 %

                        = 73,000 units

<u>The amount of direct materials cost assigned to ending work-in-process inventory at the end of February.</u>

Step 1 : Determine Cost per Equivalent unit

Conversion Costs = $168,000 ÷ 81,690 units = $2.06

Material Costs = $278,000 ÷ 73,000 units = $3.81

Total Cost = $2.06 + $3.81 = $5.87

Step 2 : Direct Material Cost assigned to ending work-in-process

Ending work-in-process (Material Cost) = 10,100 x $3.81

                                                                 = $38,481

<u>The cost of the goods transferred out during February.</u>

Cost of the goods transferred out = $5.87 x 78,600

                                                        = $461,382

8 0
2 years ago
A regional automobile dealership sent out fliers to prospective customers indicating that they had already won one of three diff
Bas_tet [7]

Answer:

the requirements are missing, so I looked for a similar question.

<em>a. How many fliers do you think the automobile dealership sent​ out? </em>

<em> b. Using your answer to​ (a) and the probabilities listed on the​ flier, what is the expected value of the prize won by a prospective customer receiving a​ flier? </em>

<em> c. Using your answer to​ (a) and the probabilities listed on the​ flier, what is the standard deviation of the value of the prize won by a prospective customer receiving a​ flier?</em>

a) the total fliers sent out = 31,246 + 1 + 1 = 31,248

b) expected value = [(1 x $28,000) + (1 x $100) + (31,246 x $5)] / 31,248 = $5.90

c) σ² = [($28,000 - $5.90)² x 1] + [($100 - $5.90)² x 1] + [($5 - $5.90)² x 31,246] / 31,248 = ($783,669,634.80 + $8,854.81 + $25,309.26) / 31,248 = $25,080.13

σ = √$25,080.13 = $158.37

4 0
2 years ago
Other questions:
  • Deep Mining and Precious Metals are separate firms that are both considering a silver mining project. Deep Mining is in the actu
    10·1 answer
  • __________ is setting a price for products that must be used along with a main product, such as blades for a razor and games for
    10·1 answer
  • Bonita Company assigns overhead based on machine hours. The Milling Department logs 2350 machine hours and Cutting Department sh
    11·1 answer
  • Rent controls can cause a. ​a decline in the quality of housing available for rent. b. ​the development of a black market to all
    14·1 answer
  • Arturo hires Kate to work in new sporting goods store. "Look," he explains, "I can only pay you $9.00 per hour. But if business
    8·1 answer
  • A person who invests in a business but takes no part in the day to day operations of the business is called a(n)
    9·1 answer
  • Which of the following comparisons best isolates the impact of a change in activity on performance?
    11·1 answer
  • Conifer Craft is a furniture firm that specializes in creating customized furniture for the commercial market. The firm has rece
    5·1 answer
  • There are 10,000 shares of $20 par value cumulative 7 percent preferred stock outstanding, and 90,000 shares of common stock out
    12·1 answer
  • Suppose you started a new job recently. While you were completing your employee information forms online, you noticed that you m
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!