I would pick D. Because the customer would be giving feedback from their own personal experience from the product they bought.
Answer:
$73,254.81
Explanation:
We assume fees paid as annuity (PMT). Now, we have to find Present Value (PV) of annuity
PV = PMT*(1- 1/(1+r)^n) / r
Where PMT = 10000, n = 8 payments, r r = 4.0%/2 = 2% = 0.02
PV = $10,000 * (1 - 1/(1+0.02)^8) / 0.02
PV = $10,000 * (1 - 1/1.171659381) / 0.02
PV = $10,000 * 0.146509629 / 0.02
PV = $73254.8145
PV = $73,254.81
$73,254.81 is the money i must deposit today if i intend to make no further deposits and would like to make all the tuition payments from this account.
Answer:
Difficult to Imitate (I)
Explanation:
The unique microprocessors developed by the company contribute to its high resource immobility. According to the resource-based view of competitive advantage, when a company is achieving resource immobility, it allows the company to create competitive advantage.
The theory of Resource-Based View is that if Trust Machines can create a company of people, processes and technologies that cannot be easily copied or imitated by competitors it means that your resources are diverse and immobile, and it can create competitive advantage.
Answer: d. provide disclosure in the footnotes to the financial statements.
Explanation:
A contingent liability is an obligation that a company might owe in future depending on the outcome of an event such as a law suit.
To record a contingent liability in the books, two conditions must be satisfied;
- Loss must be probable
- Amount must be estimable
If these two conditions are not satisfied then the contingent liability may simply be disclosed as a footnote in the financial statement. The amount here is not estimable so can be disclosed as a footnote.
Answer:
False
Explanation:
Variable costs are part of direct expenses incurred in the production of goods meant for sales. Variable costs have a direct and proportionate relationship with the output level. An increase in output level increases variable costs. Examples of variable costs are packaging and raw materials.
The contribution margin is the dollar amount available from the sale of each unit to cater for fixed costs and profits. It is calculated by subtracting variable costs from the selling price. The contribution margin is used in determining the break-even point and the output level required to achieve desired profits.
