Answer:
Product development.
Explanation:
The product development stage is the initial part of a product life cycle. Market research is carried out at this stage to determine how well the product will sell in the market.
Product development stage involves the creation of a particular product from an idea and then introducing it into the market. Getting feedback about the product from test users is very important in this stage.
Answer:
True
Explanation:
Financial statement of an organisation consist of the Income statement, Balance sheet and the statement of cash flow.
The income statement shows the total revenue and expenditure of firm during a period (i.e, during a trading year). Income statement usually is prepared to show the gross profit and net profit of the business during a trading period.
On the other hand, The balance sheet of a firm shows the financial position of the firm as at a particular period of time. It show the owner's equity, the asset and the liabilities of the business as at a particular date.
However, the cash flow statement shows the inflow and outflow of cash in and out of the business. it shows the net change in cash resulting from the operation, investment and other financial activities of the firm during a period of time.
Hence, we can conclude that the main quality of a financial statement is that it must be timely (i.e should be available immediately at the end of the financial year for it to be useful because when delayed, it become useless.
Answer: D. less than
Explanation:
Firms generally maximise output at the point where Marginal Revenue equals Marginal Cost. Any output greater than this point will lead to a higher amount of marginal cost being incurred vs marginal revenue which also means that a higher proportion of total cost was being incurred.
If a company therefore decides to remedy this and reduces output, this will lead to a fall in both revenue and cost. However, because the cost had been higher past that point, when it falls back to the maximising level, costs will fall more than revenue so that marginal revenue will equal cost again. This also means that total cost would fall more than total revenue.
<span>Choice (A) is the correct answer. When an economy is expanding, the country will be able to purchase more products from foreign businesses, while also being able to produce more products. This will, in turn, cause the trade deficit to rise while still keeping productivity at the required high level.</span>
Answer:
$271.97
Explanation:
For this question we use the PMT i.e monthly payment that is presented on the attached spreadsheet. Kindly find it below:
Data provided in the question
Given that,
Present value = $30,000
Future value = $0
Rate of interest = 4.70% ÷ 12 months = 0.391666%
NPER = 10 years × 12 months = 120 months
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the monthly payment is $271.97
