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2 years ago

What role does advertising play in monopolistic competition?

1 answer:

5 0

Advertising is a technique used by firms in monopolistic competition to create product differentiation. The goal of product differentiation and advertising in monopolistic competition is to make sure the the market is under control, and as a result, charge a higher price

Explanation:

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Match each type of savings account with its features

ExtremeBDS [4]

Stock-rises and falls with market
youth-schools often sponsor it
NOT SURE ABOUT THESE LAST 2
Credit Union account-members own it
online-minimal overhead = high interest rate

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2 years ago

Read 2 more answers

7. The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $1.87 million, and the 2018 balance sheet show

irina1246 [14]

Answer:

The firm's cash flow to creditors during 2018 was –$85,000

Explanation:

The firms cash flow to creditors would be calculating by substracting the interest expense of the firm to the long-term debt taken during the period.

Cash flow to creditors = Interest expense – Net new LTD borrowing

Cash flow to creditors = Interest expense – (LTDend – LTDbeg)

Cash flow to creditors = $255,000 – ($2,210,000 – 1,870,000)

Cash flow to creditors = –$85,000

6 0

3 years ago

You accept a new job with a starting salary of $53,000. You receive a 4% raise at the start of your second year, a 5.5% raise at

vredina [299]

Answer:

a. Salary for the second year:

Salary is to increase by 4% in second year.

= 53,000 * (1 + 4%)

= $55,120

b. Third year salary:

Second year salary will increase by 5.5%

= 55,120 * (1 + 5.5%)

= $58,151.60

c. Fourth year salary:

Third year salary to increase by 11.1%

= 58,151.60 * (1 + 11.1%)

= $64,606.43

8 0

3 years ago

Calculate the value of a bond that matures in 16 years and has a $ 1 comma 000 par value. The annual coupon interest rate is 13

spayn [35]

Answer:

$1,069.74

Explanation:

We use the present value formula which is shown in the attachment below:

Data provided in the question

Future value = $1,000

Rate of interest = 12%

NPER = 16 years

PMT = $1,000 × 13% = $130

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the value of the bond is $1,069.74

7 0

3 years ago

Bill has been adding funds to his investment account each year for the past 3 years. He started with an initial investment of $1

Nookie1986 [14]

Answer:

2.96% will be effective rate of the investment

Explanation:

First year:

1,000 x 1 + 10%) = 1,100

Second year:

1,100 + 3,000 = 4,100 invesmtent balance

4,100 x (1 - 5%) = 3,895

Third year:

3,895 + 2,000 = 5,895

5,895 x (1 + 2%) = 6012.9

Fourth year:

6012.9 + 500 = 6512.9

6,512.9 x (1+ 8%) = 7033.932

We calcualte rate that is equivalent with the following cash flow:

$1,000 (1+r)^4 + 3,000 (1+r)^3 + 2,000(1+r)^2 + 500(1+r) = 7,033.93$

We solve using excel goal seek

0.029646151

6 0

3 years ago