Answer: c. The face value ($70,000), interest rate (6%), and term (120 days) are needed to calculate the maturity value of the note.
Explanation:
The Maturity Value of the note payable will be the Total Amount at the end of 120 days. This amount would be the face value of the Note plus the interest that would have accrued over these 120 days.
Maturity Value = Face Value + ( Face Value * interest rate * term)
= 70,000 + ( 70,000 * 0.06 * 120/360)
= 70,000 + 1,400
= $71,400
Option C is correct.
Answer:
production
Explanation:
Based on the information provided within the question it can be said that Seth's acquisition of the game is by production. This is the process of completely creating from scratch the idea that leads to the product. Which is what Seth did since he developed the game from zero. Using the computer that was gifted to him as a tool.
Answer: Customer Relationship Management.
Explanation:
Customer Relationship Management or CRM is a business management model that is based exclusively on the relationship between staff and their current and potential customers. His primary focus is customer retention and driving sales by attracting new customers.
To obtain new clients, they use computer software to expand their database, meet the needs of their clients, and expand their marketing process.
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Answer:
The correct answer is no immediate effect..
Explanation:
The impact of the minimum price on the functioning of the market will depend on whether said price is below or above the equilibrium price (the price at which the market would freely tend if there were no public intervention).
If the minimum price is below the equilibrium price it has no impact since the market will naturally be above said minimum price.
On the other hand, if the minimum price is higher than the equilibrium price, this ceiling will prevent the market from reaching its equilibrium point. The price will be at said minimum level where the quantity supplied will be greater than the quantity demanded, which will cause an excess supply that will remain unsold.
If the maximum price is above the equilibrium price it will not have any impact since the market will naturally tend to be below this maximum limit.
If, on the contrary, the maximum price is lower than the equilibrium price, then this limit will prevent the market from reaching equilibrium. The price will be at the maximum limit where the quantity supplied will be less than the quantity demanded. This will cause excess demand, so part of it will remain unmet.
Answer: marketing managers making pricing decisions.
Explanation:
Management's product and service choices and decisions can influence the cost behavior. The product design, location of plant, technology used in developing a product, product quality, features of product, distribution of product, profit margins, incentives, labor daily wages, and other factors all can influence the cost and pricing decisions of the product.
