Answer:
A. 22.56%
B. 17.97%
Explanation:
a. Calculation for the cost of not taking a cash discount.
Cost of not taking cash discount = ( 2% / 98% )* ( 365 / (45 - 12) )
Cost of not taking cash discount=0.0204*365/33
Cost of not taking cash discount=7.446/33
Cost of not taking cash discount=0.2256*100
Cost of not taking cash discount= 22.56%
Therefore the Cost of not taking cash discount will be 22.56%
b. Calculation for the rate of interest if the company borrow from the bank.
Annual rate of interest = 16% / (1- 11%)
Annual rate of interest = 0.16/0.89
Annual rate of interest = 0.1797*100
Annual rate of interest = 17.97%
Therefore the rate of interest if the company borrow from the bank will be 17.97%
<span>Ultra Vires.
The ultra vires doctrine holds that certain legal actions attach when a corporation tries to carry out acts that are outside of its lawful powers. This doctrine can also include actions that are specifically prohibited by the corporate charter. These actions leave the corporation vulnerable to lawsuits by its employees and third parties because they are per se prohibited. </span>
This kind of reasoning is said to be DEDUCTIVE REASONING.
Deductive reasoning is the process of reasoning based on multiple premises that are generally believed to be true. Deductive reasoning usually moves from the general to the specific. For instance, in the question given above, Jason reasoned that if other products are sold at discounted prices, then the items that are newly available will also be sold at discounted prices.
Answer:
Target market
Explanation:
Target market refers to the potential or existing customers that a business intends to sell its products or services. The target group is the group of people that a firm focuses on when creating its advertising messages.
A business identifies its target group through market research. The firm surveys the market to identify groups of people who are highly likely to buy its products and services.
Answer:
a. Minimize change for workers
Explanation:
Enterprise Resource Planning (ERP) is a method adopted by most companies to manage and integrate the various part of their business. This ERP is based on the usage of software for easier deployment of the integration and it depends on so many factors.
<em>An ERP software system can also integrate planning, purchasing inventory, sales, marketing, finance, human resources, and more of any given business enterprise.</em>
