Answer:
$2,250,000
Explanation:
The computation of the estimated next year sales is shown below:
= Sales last year at full capacity + Sales last year at full capacity × next year percentage × capacity percentage
= $2,000,000 + $2,000,000 × 50% × 25%
= $2,000,000 + $250,000
= $2,250,000
We simply applied the above formula so the correct estimated sales for the next year could come
Answer:
9.90%
Explanation:
The appropriate approach is to include the amount expected to kept in non-interest bearing account as part of the loan
total loan=$400,000/0.95= 421,052.63
Interest charge = 421,052.63*9%*6/12=$18,947.37
interest rate percentage=$18,947.37/$400,000=4.74%
Effective annual rate=(1+4.74%
/6)^12-1 =9.90%
By dividing by 6, the interest is expressed in monthly terms
By raising to the power of 12 , it is expressed in yearly terms
Explanation:
Over the years veterinary professionals have played significant and contributory roles in animal and human health and welfare, biomedical research, food quality, food safety, food security, ecology, ethology, epidemiology, microbiology, parasitology, pathology, physiology, psychology, radiology, research and development of pharmaceuticals, remedies, vaccines, and toxicology; also as educators, trainers, and policymakers, and also interlinked with wildlife conservation efforts and the protection of the environment and biodiversity. As challenges have risen, veterinarians have found ways to adapt given that their knowledge and training makes them multifunctional professionals. This aids societies so that its animals stay healthy and productive. It is not surprising that becoming a veterinarian is a highly popular career choice.
Answer:
-$35
Explanation:
The computation of the change in net working capital is as follows:
Net working capital = current assets - current liabilities
For 2014,
net working capital i s
= ($3,135 - $1,545)
= $1,590
And,
for 2015,
net working capital is
= ($3,100 - $1,545)
= $1,555
So, the change in net working capital is
= ($1,555 - $1,590)
= -$35
Answer:
Skimming
Explanation:
Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.
Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.
