In this case, the assessed value is 28% from the market value. So, we need to get 28% from $123,000.
Expressed in figures, we have;
*$123,000 x 0.28 = $34,440.
The assessed value of Greg's home is $34,440, which is 28% of $123,000.
Answer:
$1,720
Explanation:
Total annual premium for both Karen and Mike = $400 + $600 = $1,000
If they insured both cars with the same company, they would save 15% on the annual premiums -> the annual saving = 15% * $1,000 = $150
We use formula FV to calculate the future value of annual payment:
= FV(rate, number of payment, - payment) = FV(3%,10,-150) = $1,720
Company managers should give serious consideration to changing from a low-cost /low price strategy for branded footwear to a different strategy when competition is high among competitors.
<h3>Who are competitors?</h3>
Competitors are individual or people that sell similar products and commodities.
They can be wholesaler or retailers and are usually present in all business.
When there are competitors new strategy should be developed to help get enough sales such that the individual or company do not fall out of sales or market
Therefore,
Company managers should give serious consideration to changing from a low-cost /low price strategy for branded footwear to a different strategy when there is competition.
Learn more on competition below
brainly.com/question/24625436
#SPJ1
The manufacturer of a product that injured consumers, razor sharp electronics, has been found guilty of breaking the criminal liability laws that might have resulted in fines or imprisonment.
<h3>How Does Criminal Liability Work?</h3>
Criminal culpability describes the circumstances under which a person may be held accountable for breaking the law. Criminal liability involves both prospective and actual culpability, which implies that a person may be charged with and punished for either having committed or being suspected of having committed a crime. When it comes to criminal responsibility, the fundamental premise is that the claimed offense has both a mental aspect and a physical element.
To know more about Criminal Liability visit:
brainly.com/question/14567423
#SPJ4