Answer: $17.28
Explanation:
6 month free concession in first year drops rent to:
= 20 / 2
= $10
Effective rent = [Present value of Year 1 rent + Present value of Year 2 rent + Present value of Year 3 rent ] / [ 1 - (1 / (1 + rate)^ number of years) / rate]
= [(10 / (1 + 10%) ) + (21 / (1 + 10%)²) + (22 / (1 + 10%)³)] * [1 - (1 / (1 + 10%)³/ 10%)]
= (9.09 + 17.355 + 16.5289) / 2.48685
= $17.28
Given:
Selling price = 6.99
Cost = 4
The dollar markup is computed by deducting the cost from the selling price.
6.99 - 4 = 2.99 is the dollar mark-up based on cost.
2.99/4 = 0.7475 x 100% = 74.75% is the percentage mark-up based on cost.
Assuming the total amount of gasoline purchased is 12 million barrels per day. The percentage change in the quantity demanded is: 50%.
<h3>Percentage change in the quantity demanded</h3>
Using this formula
Percentage change in quantity demanded= (Total amount of gasoline purchased- total amount of gasoline purchased in united states)/ Total amount of gasoline purchased in united states×100
Let plug in the formula
Percentage change in quantity demanded=(12 - 8) / 8
Percentage change in quantity demanded =4/8×100
Percentage change in quantity demanded=50%
Inconclusion the percentage change in the quantity demanded is: 50%.
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Answer:
$93,900
Explanation:
Computation for pension expense for the year 2020.
PENSION EXPENSE
Service cost $54,700
Interest cost $45,200
($452,000 * 0.10)
Less Actual return ($13,800)
Amortization of PSC $7,800
Pension expense $93,900
Therefore the pension expense for the year 2020 is $93,900
Options:
A) Select distributors; don't let them select you.
B) Look for distributors capable of developing markets.
C) Give local distributors control over marketing strategy.
D) Treat local distributors as long-term partners.
E) From the start maintain control.
Answer:B) Look for distributors capable of developing markets.
Explanation: A Distributor is a person or an organization saddled with the responsibility of transferring products from one point to another. An independent Distributor is a person or an organization which is not owned by the person or Organisations that it serves.
One of the best guildlines for selecting independent distributors is to select a distributor that is capable of developing markets which may be a new market or an existing market.
