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3 years ago

PLS HELP!!

Business

1 answer:

dedylja [7]3 years ago

5 0

Answer:

Benefits

Explanation:

Both existing and potential customers attached the value of a product to its perceived benefits rather than its technical features.

When selling a product, businesses should focus more on communicating the benefits of a commodity than its features. Customers are more concerned with the advantages they stand to gain by consuming goods or services.

Focusing on benefits allows a business to set high prices and differentiate the product from its competitors. Communicating benefits creates a psychological conviction on customers, making them want to buy the product, thereby increasing sales.

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Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand

defon

Answer:

Explanation:

Fixed costs - will remain similar no matter of output amount

Variable costs - vary with the change in output

Average cost=(Fixed cost(FC) + Variable cost(VC))/number of units produced

VC = VC per cup of coffee served *cup of coffee served in a week

Total Cost(TC)= FC+VC

Average cost=TC/Cup of coffee served in a week

1. Let's calculate for 2000 cups of coffee:

FC remain the same! = $1200

VC=0.22*2000= $440

TC=FC+VC= 1200+440= $1640

Average cost of 1 cup of coffee= TC/#of cups=1640/2000=$0.82

2. Calculation for 2100 cups:

FC=1200

VC=0.22*2100=462

TC=1200+462=1662

Av cost=1662/2100=0.79

3. Calculation for 2200 cups:

FC=1200

VC=0.22*2200=484

TC=1200+484=1684

Av cost=1684/2200=0.77

As the number of cups increased from 2000 to 2100, the average cost per cup devreased 0.82 to 0.79. Then when number of cups increased to 2200, average cost decreased to 0.77. The reduction is due to the variable cost

4 0

3 years ago

Vasguez Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $20,000 CR. During 2020, it wrote off $14,400

Ket [755]

Answer:

a. $14,200

Explanation:

The computation of the bad debt expense is shown below:

Balance in Allowance for doubtful Accounts = Opening Balance in Allowance for Doubtful Account - Accounts Wrote Off + Bad debts recovered

= $20,000 - $11,400 + $4,200

= $9,800

And, Closing Balance is

= $480,000 × 5%

= $24,000

So, the bad debt expense is

= $24,000 - $9,800

= $14,200

We simply applied the above calculations

5 0

4 years ago

A portion or share of ownership in a corporation is called a _____.

Katarina [22]

The correct answer is C. Stock

When you buy stocks, you buy pieces of the company. You trade stocks on a stock market.

8 0

3 years ago

Read 2 more answers

Prahm Corp. wants to raise $5.3 million via a rights offering. The company currently has 590,000 shares of common stock outstand

lawyer [7]

Answer:

Proceeds from sale of rights will be $49407.62

Explanation:

Proceeds from the sale of rights

=> Net Proceeds per share = Subscription price per share x (1 – Spread)

= $27 × (1 – 0.06)

= $25.38 per share

=> New shares offered = money raised/net proceeds per share

= 5300000/25.38 = 208826 Shares

=> Number of rights needed = current shares/New share offered

= 590000/208826 = 2.82532

=> The Ex-rights stock price will be

Ex-rights stock price = ((Number of rights needed × selling price per share) + Subscription price) + (Number of rights needed + 1)

= ((2.82532 × 54) + $27 per share) / (2.82532 + 1) = $46.94177 per share

So, the value of a right = Selling price per share - Ex-rights stock price

= $54 - $46.94177

= $7.05823 per share

Therefore, proceeds from selling the rights will be

= Number of shares × value of a right

= 7000 × 7.05823

= $49407.62

Proceeds from sale of rights will be $49407.62

5 0

4 years ago

With the help of a diagram explain types of price elasticity of supply

SIZIF [17.4K]

Answer:

...

Explanation:

...

8 0

4 years ago