The accounts below all have normal balances.

You are selling a product in an area where 30 % of the people live in the city and the rest live in the suburbs. Currently 20 %

irina1246 [14]

Answer:

a). I would adopt the increase in market share in the suburbs by 15 % since the number of final suburbs dwellers who will use my product is (0.0805 x) which is greater than final city dwellers' (0.075 x)

b). The total percentage of people who are city dwellers who own your product before the new sales drive=46.15%

Explanation:

a). We can make the following expressions;

Total number of both city dwellers and suburb dwellers=x

City dwellers=30% of x=(30/100)×x=0.3 x

Suburb dweller=70% of x=(70/100)×x=0.7 x

Total number of city dwellers who use your product initially=(20/100)×0.3 x=0.06 x

Total number of suburb dwellers who use your product initially=(10/100)×0.7 x=0.07 x

If we increase the market share in the suburbs by 15%

Number of suburb dwellers=0.07 x+(15/100)×0.07 x

Number of suburb dwellers=(0.07 x+0.0105 x)=0.0805 x

If we increase market share in the city by 25%

Number of city dwellers=0.06 x+(25/100)×0.06 x

Number of city dwellers=(0.06 x+0.015 x)=0.075 x

I would adopt the increase in market share in the suburbs by 15 % since the number of final suburbs dwellers who will use my product is (0.0805 x) which is greater than final city dwellers' (0.075 x)

b). Percentage of city dwellers that own your product

Percentage=(Initial number of city dwellers/Total number of people)×100

Percentage=0.06 x/(0.06 x+0.07 x)=(0.06 x/0.13 x)×100=46.15%

The total percentage of people who are city dwellers who own your product before the new sales drive=46.15%

8 0

3 years ago

Which of the following statements is true of an efficient supply chain? a. It works efficiently even when demand for goods and s

bulgar [2K]

Answer:

The correct answer is letter "B": It is designed for efficiency and low cost by minimizing inventory and maximizing efficiencies in process flow.

Explanation:

Efficient supply chains aim to produce high-quality products by reducing manufacturing costs to maximize revenues. As part of the improvement, efficiency relies on reducing the waste of the production process or shipping the goods earlier than planned.

5 0

3 years ago

McCann Publishing has a target capital structure of 35% debt and 65% equity.This year's capital budget is $850,000 and it wants

Nataliya [291]

Answer:

B) $952,500

Explanation:

Calculation for how much net income must it earn to meet its capital budgeting requirements and pay the dividend

Using this formula

Net income = Dividends + (Capital budget ×Equity)

Let plug in the formula

Net Income=$400,000+($850,000×65%)

Net Income=$400,000+$552,500

Net Income=$952,500

Therefore how much net income must it earn to meet its capital budgeting requirements and pay the dividend dividend,all while keeping its capital structure in balance is $952,500

8 0

3 years ago

Which of the following statements concerning research and development is correct? a. Exploratory research is directed toward com

balu736 [363]

Answer:

c. Exploratory research and development research are needed for internal new venturing.

Explanation:

Exploratory research as the name suggests is a form of research and development which is targeted at exploration or discovery of something which did not exist before such a research. It is the foremost research to attain clarity on the exact nature of a problem.

Development research on the other hand utilizes the findings of a research already conducted to design and develop products and methods. Such a research generates required knowledge and designs for production which form ideal models for creation of products.

Internal new ventures refer to starting completely new business ventures in new markets or entering new industry. Such ventures require both exploratory and development form of research as the venture is completely new, which will require both exploration i.e discorvery and development of new products based upon the findings of exploratory research.

8 0

3 years ago

Population growth: Suppose the world population today is 7 billion, and sup- pose this population grows at a constant rate of 3%

Alika [10]

Given Information:

Current Population = P₀ = 7 billion = 7x10⁹

Growth rate = r = 3 %

Period = t = 100 years

Required Information:

(a) Population after 100 years = ?

(b) Population after t = 0, 1, 2, 10, 25, 50 years = ?

(c) Population vs time graph = ?

Explanation:

The human population growth can be modeled as an exponential growth,

$P = P_{0} e^{rt}$

where P₀ is the current population, r is the growth rate and t is the time period

(a) What would the population equal 100 years from now?

$P = 7x10^{9} e^{0.03*100}$

P = 140.6x10⁹

(b) Compute the level of the population for t = 0, t = 1, t = 2, t = 10, 25, and t =50

t = 0

P = 7x10⁹e⁰

P = 7x10⁹

t = 1

P = 7x10⁹e^0.03*1

P = 7.213x10⁹

t = 2

P = 7x10⁹e^0.03*2

P = 7.423x10⁹

t = 10

P = 7x10⁹e^0.03*10

P = 9.45x10⁹

t = 25

P = 7x10⁹e^0.03*25

P = 14.82x10⁹

t = 50

P = 7x10⁹e^0.03*50

P = 31.37x10⁹

(c) Make a population versus time graph

Attached as image

5 0

3 years ago