Non price competition is competing against others when price isn't the driving force of differentiation. If a local restaurant repairs a new recipe for it's lunch menu it is using the physical characteristic form of non price competition. The restaurant is hoping to differentiate based on the quality and taste of their new lunch item compared with another restaurants.
Answer: The Rate of return earned by Investment G is 8.37%, while the rate of return earned by investment H is 8.54%.
We have
Investment G Investment H
Future Value of returns 151000 271000
No. of years 7 14
Costs 86000 86000
Rate of Return Formula :
Substituting we get ,
Investment G
RoR = 8.37%
Investment H
RoR = 8.54%
Answer:
The first step in the human resources planning process is to assess future labor demand.
Explanation:
This gives room for the organization to know their strength and asses their supply for current needs and future purposes
Answer:
The lender will require that the property to generate $140,000 to maintain the required debt coverage ratio.
Explanation:
Use the formula of Debt coverage ratio to calculate the return that property should generate for required Debt coverage ratio.
Debt Coverage Ratio = Net Income / Loan amount
1.4 = Net Income / $100,000
Net income = $100,000 x 1.4
Net income = $140,000
The lender will require that the property to generate $140,000 to maintain the required debt coverage ratio.
