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rjkz [21]
3 years ago
13

To help cosmetic company RedRain Inc. launch a new line of lipstick, tickets that can be redeemed for prizes are enclosed in som

e of the lipstick packages. This activity is best classified as
Business
1 answer:
Mrac [35]3 years ago
6 0

Answer:

Sales Promotions

Explanation:

The reason is that the company is trying to attract its customers by providing tickets that has ability to win prices and these prices are the motivating factors for the consumer to buy these products. Other tactics also include seasanol sales discounts to sell the remainder of the stock and "Buy One and Get one Free".

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Distinguish between the costs of having a basic checking account and an interest-bearing checking account
boyakko [2]

Answer:

Checking account is what you can use, and ibca is account that has interest rate.

Explanation:

3 0
3 years ago
An official statement has a dated date of March 1, but the first interest payment is October 15. This most likely reflects A) a
Greeley [361]

Answer:

A) a long coupon.

Explanation:

Hope this helps you :)

3 0
2 years ago
Elite Couture, a high-end fashion goods store has to decide on the quantity of Luella Bartley handbags to sell during the Christ
adelina 88 [10]

Answer:

170 bags should be purchased to maximum expected profi!

4 0
2 years ago
Admirable Inc. makes three products in a single facility. Data concerning these products follow: Product A B C Selling price per
Fiesta28 [93]

Answer:

Product A $3.43

Product B $8.32

Product C $6.62

Explanation:

Calculation to determine How much of each product should be produced to maximize net operating income

Product A Product B Product C

Selling price per unit $72.70 $77.10 $76.10

Direct materials $33.10 $40.60 $46.40

Direct labor $22.00 $13.10 $7.20

Variable manufacturing overhead $4.60 $4.40 $3.30

Variable selling cost per unit $1.60 $3.20 $2.00

Total variable cost per unit $61.3 $61.3 $58.9

Contribution margin per unit $9.6 $15.8 $17.2

Product A ($72.70-$61.3=$9.6)

Product B ($77.10-$61.3=$15.8)

Product C ($76.10-$58.9=$17.2)

Mixing minutes per unit 2.8 1.9 2.6

Contribution margin per unit $3.43 $8.32 $6.62

Rank in terms of profitability 3 1 2

Product A ($9.6/2.8=$3.43)

Product B ($15.8/1.9=$8.32)

Product C ($17.2/2.6=$6.62)

Therefore How much of each product should be produced to maximize net operating income will be:

Product A $3.43

Product B $8.32

Product C $6.62

3 0
3 years ago
If $3000 is invested at 9% interest, compounded annually, then after n years the investment is worth an = 3000(1.09)n dollars. (
Charra [1.4K]

Answer:

The first five terms of the sequence are:

First year: $3270.00

Second year: $3564.30

Third year: $3885.09

Fourth year: $4234.75

Fifth year: $4615.87

Explanation:

When we're dealing with compound interest rates we're dealing with interests being re-invested into the original investment. This means that the new interests of one period will bear interests in the next period. This can be simply calculated using the compound interest formula.

The formula for compound interest rates is P(1+i)^{n}

Where:

<em>P</em> is the principal amount being invested,

<em>i</em> is the interest rate,

<em>n</em> is the number of years.

So for the first year we replace in the formula with the given values:

3000 × (1.09)^{1} = $3270

And for the rest of the years we only need to modify the value of <em>n</em>.

For the second year we'd have:

3000 × (1.09)^{2} = $3564.3

And so on.

4 0
3 years ago
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