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2 years ago

A business goes to the trouble and expense of segmenting its markets when it expects that this extra effort will

1 answer:

5 0

When a business extra effort is expected to increase profit, they will incur an expense of segmenting its markets.

<h3>What is market segmentation?</h3>

A market segmentation refers to segregating market into element that includes age, gender, occupation, income etc

In conclusion, when the business extra effort is expected to increase profit, they will incur an expense of segmenting its markets.

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Suppose when you are 21 years old, you deposit $1,000 into a bank account thatpays annual compound interest, and you do not with

Fofino [41]

Answer:

The difference between the two rates is $4,428.33.

Explanation:

When the interest is compounded, it is calculated over the value of the investment at the end of the previous year. So, value at year 1 will be 1,000*(1+rate). At second, it will be 1,000*(1+rate)*(1+rate), or 1,000 * (1+rate)^2.

If we extend the analysis, at year 44, the investment will be worth 1,000*(1+r)^44.

If rate is 5 percent, the result of the deposit is 1,000*1.05^44 = 8,557.15

If rate is 6 percent, the result of the deposit is 1,000*1.06^44 = 12,985.48

The difference is 4,428.33.

8 0

4 years ago

Money that can be easily divided into smaller units of value has the characteristics of

Anna007 [38]

A) Divisibility can easily be divided into smaller value.

8 0

3 years ago

Read 2 more answers

Amarillo Company experienced the following events during its first accounting period. (1) Purchased $5,000 of inventory on accou

Alik [6]

Answer:

$4,000

Explanation:

The computation of the cash to be required to settle the liability is shown below:

= Purchase value of inventory - returned inventory which was purchased

= $5,000 - $1,000

= $4,000

It is a net purchase plus it is the cash required to settle the liability

There is no discount applied in the question as dates are not given so we ignored it.

4 0

4 years ago

You just purchased a brand new BMW 7-series for $97,600 using a dealer loan at an interest rate of 6.75 percent and zero down pa

Ivenika [448]

To calculate the loan balance after making the third payment, we use the future value concept, which shows the balance as $61,153.54.

<h3>What is the future value concept?</h3>

The future value concept describes the idea that the present value of cash flows today are not worth the same as their future value because of the time value of money.

The future value can be computed using the following future value formula:

FV = PV(1+r)^{n}

FV = future value

PV = present value

r = annual interest rate

{n} = number of periods interest held

Alternatively, we can use an online finance calculator to determine the future value of the loan after the third payment as follows:

<h3>Data and Calculations:</h3>

N (# of periods) = 7 years

I/Y (Interest per year) = $6.75

PV (Present Value) = $97,600

FV (Future Value) = $0

<u>Results:</u>

Annual Payment = $16,817.29

Sum of all periodic payments = $117,721.04 ($16,817.29 x 7)

Total Interest = $20,121.04 ($117,721.04 - $97,600)

Balance after the third payment = $61,153.54

<h3>Schedule of Payment:</h3>

Period PV PMT Interest FV

1 $97,600.00 $16,817.29 $5,452.83 $86,235.54

2 $86,235.54 $16,817.29 $4,685.73 $74,103.98

3 $74,103.98 $16,817.29 $3,866.85 $61,153.54

4 $61,153.54 $16,817.29 $2,992.70 $47,328.95

5 $47,328.95 $16,817.29 $2,059.54 $32,571.19

6 $32,571.19 $16,817.29 $1,063.39 $16,817.29

7 $16,817.29 $16,817.29 $0.00 $0.00

Thus, the loan balance after making the third payment is $61,153.54.

Learn more about determining the loan balance at brainly.com/question/22846480

8 0

3 years ago

Orange Superstore is largely customer centric and economical in its methods. The store sells the best quality products at prices

balandron [24]

Answer:

The correct answer is letter "D": cost advantage strategy.

Explanation:

Cost advantage strategy is a technique implemented by companies to provide equal benefits to consumers at a lower price than competitors. Firms achieve this practice by maximizing the utilization of technology, processes, and resources. If a company implements and sustains operations with a cost advantage strategy it is said it has obtained a comparative advantage.

7 0

3 years ago