Answer:
D. InFocus conducts focus groups to determine its target market.
Explanation:
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Answer:
We have:
Amount of principal = $268,000
Interest payment = $1,522.24
Explanation:
These can be calculated as follows:
Loan principal = Cost of the home * Percentage to borrow = $335,000 * 80% = $268,000
Interest payment = (Loan principal / $1,000) * $5.68 = ($268,000 / $1,000) * $5.68 = 268 * $5.68 = $1,522.24
Therefore, we have:
Amount of principal = $268,000
Interest payment = $1,522.24
Answer:
a) 120 skiers per day
b) 6.25% increase in revenue
Explanation:
a) If the average skier stays 10 days, the average turnover is 1/10 of the skiers per day, or 1200/10 = 120 skiers per day.
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b) For a stay of n days, the average skier spends ...
50 +(n-1)30 = 20 +30n
and the average spending per day is ...
(20 +30n)/n = (20/n) +30
So, for a 10-day stay, the average skier spends in restaurants ...
20/10 +30 = 32 . . . . per day
And for a 5-day stay, the average skier will spend ...
20/5 +30 = 34 . . . . per day
The change in restaurant revenue is expected to be ...
(34 -32)/32 × 100% = 2/32 × 100% = 6.25%
Restaurant revenues will be 6.25% higher compared to last year.
Based on the information given the desired profit per unit is $0.14 per unit.
First step is to find the unit using this formula
Units=Target sales revenue / Target selling price per unit
Units=$850500 / $4.05
Units =210,000
Second step is to calculate the desired profit per unit using this formula
Desired profit per unit=Target selling price per unit - (Target costs / Units)
Desired profit per unit=$4.05-($821250 / 210,000)
Desired profit per unit=$4.05- $3.91
Desired profit per unit=$0.14
Inconclusion the desired profit per unit is $0.14 per unit.
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False
Reason: A Shareholder cannot go for the director's by writing his name on the proxy Statement. Instead he has to place his name on the AGM or Annual General Meeting, where Shareholders meet, propose for their plans and Vote for The Company's Director.