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Galina-37 [17]
3 years ago
15

Picozzi Snow Removal's cost formula for its vehicle operating cost is $2,060 per month plus $306 per snow-day. For the month of

January, the company planned for activity of 16 snow-days, but the actual level of activity was 18 snow-days. The actual vehicle operating cost for the month was $7,720. The vehicle operating cost in the planning budget for January would be closest to:
Business
1 answer:
ArbitrLikvidat [17]3 years ago
7 0

Answer:

Planning budget=$6,956

Explanation:

<em>The planning budget is that which is based on the expected level of activity. It is the original budget used for planning purpose</em> .

The planning budget for Picozzi would based on the planned activity level of 16 snow-day

The operation cost formula = 2,060 + $306 per snow-day

Planning budget  = 2,060 + (306×16)=$6,956

Planning budget=$6,956

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Market segment profiles are used to describe _____________ members of a market segment, and to explain ______________members in
irga5000 [103]

Market segment profiles are used to describe the similarities among potential members of a market segment, and explain the differences among members in different market segments.

<h3>What is Market segment profiles?</h3>

The process of segmenting a market of potential customers into smaller, more focused groups based on shared traits like demographics, interests, needs, or location.

There are four primary categories of market segmentation-

  • demographic.
  • Psychographic.
  • Geographic.
  • Behavioral.
<h3>What are the levels of market segmentation?</h3>

There are four levels of market segmentation-

  • Mass Marketing.
  • Segment Marketing.
  • Niche Marketing.
  • Micro Marketing.

Learn more about Market segment profiles brainly.com/question/9016551

#SPJ4

7 0
2 years ago
Money markets are marketsfora.Foreigncurrencies.b.Consumer automobileloans.c.Common stocks.d.Long-term bonds.
Harlamova29_29 [7]

Answer:

e. Short-term debt securities such as Treasury bills and commercial paper.

Explanation:

  • A money market is an organized exchange market and were the participant can lend and borrow short terms high quantity debt security with an average maturity with less than and year. And thus enables the government and other institutions of the short terms securities.
4 0
3 years ago
Martina wants to expand her business. She will need to buy a larger facility and equip it with additional machinery. She should
soldi70 [24.7K]

Answer:

Certified Development Company 504 Loan Program

Explanation:

The US Small Business Administration 504 Loan or Certified Development Company program is designed to provide financing for the purchase of fixed assets, which also means real estate, buildings and machinery, at a price below the normal market rate. Its mission involve boosting the development of various businesses. The SBA offers a number of different loan programs linked to a particular capital need of growing businesses. The 504 program works by sharing the loan among three parties. The business owner puts in a minimum of 10%, a conventional lender which is the bank puts up 50%, and Certified Development Company (CDC) puts up the remaining 40%.

5 0
4 years ago
One use of inventory is A. to provide a hedge against inflation. B. to tightly synchronize production and distribution processes
liubo4ka [24]

Answer:

A, to provide a hedge against inflation

Explanation:

An inventory is the goods or materials or items held by a company for sale at a future period. An inventory could also be called stock.

Inventory has its uses among which is to provide a hedge for inflation. Inventory helps to provide an hedge against inflation as it can be used to keep good or material or ites for sale at a later date in the situation of price rise.

Simply put, Inventory helps to hold out goods, items, materials till a period when it can be resold at a higher price.

Note that, the goods to be kept for future resale is always bought a a lower price today.

Cheers.

3 0
3 years ago
Calculate the presentvalue of $5,000 received five years from today if your investments pay a. 6 percent compounded annually b.
Goryan [66]

Answer: 3736.30 ,  3402.90 ,  3104.60 , 3069.56 , 3051.35

Explanation: We can compute present values by using the following formula :-

=\:present\:value\:=\frac{future value}{\left ( 1+interest\:rate\right )^{no. of periods}}

=\:present\:value\:=\frac{5000}{\left ( 1+o.o6\right )^{1}} = 3736.30

=\:present\:value\:=\frac{5000}{\left ( 1+o.08\right )^{1}} = 3402.90

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{1}} = 3104.60

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{2}} = 3069.56

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{4}} = 3051.35

7 0
3 years ago
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