The full process to create a product or service is called a __

Your grandmother recently surprised you and gave you $15,000 expressly for the purpose of starting your retirement savings. Her

qaws [65]

Answer:

A. $115,291.30

B. $421,536.55

C. $1,471,502.67

Explanation:

The expression that describes the final amount of a $15,000 investment compounded annually for 35 years is:

$A = \$15,000*(1+i)^{35}$

A. 6% per year

i = 0.06

$A = \$15,000*(1+0.06)^{35}\\A = \$115,291.30$

B. 10% per year

i = 0.10

$A = \$15,000*(1+0.10)^{35}\\A = \$421,536.55$

C. 14% per year

i = 0.14

$A = \$15,000*(1+0.14)^{35}\\A = \$1,471,502.67$

3 0

3 years ago

Buzz Coffee Shops is famous for its large servings of hot coffee. After a famous case involving McDonald’s, the lawyer for Buzz

Tasya [4]

Answer:

the proper recording of this liability each year from 2016 through 2018 under GAAP is $150,000.

Explanation:

since the first amount cannot be determinable now, we cannot record it as a liability.

After the settlement of the dispute by the customer and company outside the court the company should record the loss and a liability at an amount of $150,000 because it is certain and determinable now.

7 0

3 years ago

Carmex Lip Balm was created in 1937 by Alfred Woelbing and his wife in his family kitchen in Wauwatosa, Wisconsin. Over the next

WINSTONCH [101]

Answer:

1. b. Competitive

2. a. It should provide superior value in terms of lower price, and/or convenience, and accessibility

Explanation:

The competitive pricing is marketing strategy in which a product price is set after careful consideration of competitor's price. The pricing of a product is determined based on competitor's product price. The Carmax product moisture plus should follow competitive pricing strategy as the market is not in the mature stage.

The Carmax should offer lower price and create high value to the consumers. Carmax can gain competitive advantage by economies of scale and some unique features.

5 0

3 years ago

Which of the following is one of the value gaps that can undermine customer experiences and can damage relationships?

s2008m [1.1K]

Answer:

Service Quality Gaps

Explanation:

Service Quality simply refers to the level of satisfaction a customer gets from a service.

Therefore, Service Quality Gaps is one of the value gaps that can undermine customer experiences and can damage relationships.

This is because, based on the level of customer satisfaction, a relationship could be built or destroyed.

5 0

2 years ago

Coronado Corporation had net sales of $2,409,000 and interest revenue of $35,100 during 2020. Expenses for 2020 were:

Ivenika [448]

Answer:

Coronado Corporation

Income statement for the year 2020

$ $

Net Sales 2,409,000

Interest Revenue 35,100

Total income 2,409,000

Cost of goods sold (1,452,700)

Gross Income 956,300

Operating Expense

Administrative expenses 215,700

Selling expenses 287,700

Total Operating Expenses (503,400)

Operating Income 452,900

Interest expense (49,800)

Income before Tax 403,100

Tax rate 30% 120,930

Net Income 282,170

Explanation:

Sales and Interest revenue are from the revenue section and totalling them we get total income. After deducting cost of goods sold we have gross income. From here we will subtract operating expenses from gross income to reach at operating income. after deducting interest and tax expenses we can have net income for the year.

3 0

3 years ago

The full process to create a product or service is called a ___?