Answer:
1) Part 1. Operating Income = Revenue - Operating cost
=201,000 - 56,000
=$145,000
Part 2. Operating Income = Revenue - Operating cost
= 159,000 - 55,000
= $104,000
Part 3. Operating Income = Revenue - Operating cost
= 89,000 - 15,000
=$74,000
2. Part 1. Operating Income = Revenue - Operating cost
=201,000 - 45,600
=$155,400
Part 2. Operating Income = Revenue - Operating cost
=159,000 - 25,000
=$134,000
Part 3. Operating Income = Revenue - Operating cost
=89,000 - 55,400
=$33,600
Answer:
Modified Rebuy.
Explanation:
Modified Rebuy can be defined as the desires of a buyer to re-purchase or reorder the products previously bought but with certain modifications either in prices, products, suppliers, or terms. The buyer may modify the current purchasing terms because he may not be satisfied with the supplier or may have some new requirements.
In the given case, the modification in supplier has been made by the organization to get a better price. Thus this is an example of modified rebuy.
So, the correct answer is modified rebuy.
Answer:
$8.19 million
Explanation:
A movie star was paid $1 million in 1960 to do a movie
The CPI was 29.3 in 1960
The CPI in 2014 was 240
Therefore the amount that was earned in dollars by the movie star in 2014 can be calculated as follows
= 240/29.3
= 8.19 × $1 million
= $8.19 million
Hence the movie star earned $8.19 million in 2014
Even though the company is no longer able to pay the retirees, they are still protected because <u>The </u><u>Pension Benefit Guarantee Corporation</u><u> will pay a </u><u>basic benefit. </u>
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The Pension Benefit Guarantee Corporation:
- Was created to protect the pensions of millions of Americans
- Provides a basic benefit to pensioners who need pension payments when their companies no longer pay them
The basic benefit is a percentage of the benefits the retirees receive from their normal plan so it is not much. Retirees will often have to supplement this option.
In conclusion, The <u>Pension Benefit Guarantee Corporation </u>will pay out something to the retirees.
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