A customer calls to order a gift for their oldest child's 8th

Your finance textbook sold 52,500 copies in its first year. The publishing company expects the sales to grow at a rate of 16 per

nadya68 [22]

Answer:

The sales figure in year 3 is 81,947

The sales figure in year 4 is 90,142

Explanation:

The number of copies the publisher expects to sell in 3rd and 4th can be determined by computing the growth rate and increased sales from year 1 to year 4.

Year growth sales

1 52,500*(1+16%) 60,900

2 60900*(1+16%) 70,644

3 70644*(1+16%) 81,947

4 81,947*(1+10%) 90,142

The sales of finance books in year 3 and 4 are 81,947 and 90,142 respectively

Note that the growth rate is continuous that accounted for the need to apply the growth rate to the previous year sales in order to arrive at current year sales

5 0

3 years ago

In the evolution of marketing, the marketing concept era emphasized selling and advertising in an effort to persuade consumers t

larisa86 [58]

Answer:

In the evolution of marketing, the marketing concept era emphasized selling and advertising in an effort to persuade consumers to buy existing products.

False

Explanation:

Reasons why it is false in the evolution of marketing in modern era is to sell and advertise. There are numerous ways to add to sales and advertisement, in order to sell existing products or goods it is expedient to package, re-package, brand, re-brand before placing such goods for advertisement because these would change the face of goods to be sold. hence; increase sales

8 0

3 years ago

"A customer contributed $50,000 to a variable annuity contract. The account value has grown over the years and the NAV is now $7

makvit [3.9K]

Answer: $20,000 of the distribution is taxable and $5,000 is not taxable

Explanation:

The options to the question are:

A. The entire $25,000 distribution is not taxable

B. $5,000 of the distribution is taxable and $20,000 is not taxable

C. $20,000 of the distribution is taxable and $5,000 is not taxable

D. The entire $25,000 distribution is taxable.

From the question, we are told that a customer contributed $50,000 to a variable annuity contract and that the account value has grown over the years and the NAV is now $70,000.

We are further told that the customer is now age 60, and takes a lump-sum distribution of $25,000 to pay for expenses. This indicates that there will be tax deductible in the amount of :

= $70000 - $50000 = $20,000. It should also be noted that $5000 won't be taxed.

4 0

4 years ago

Employees read scientific research studies and attend expert presentations to identify the training and nutrition protocols most

OleMash [197]

Answer:

A) Intuitive - Thinking

Explanation:

It is an intuitive problem-solving style because the employees are first absorbing information by reading the scientific papers, and afterwards, they go through a cognitive process in which new information and old information are related in order to reach new conclusions. This is the congnitive process that intuitives follow.

It is a thinking problem-solving style because the conclusions are now put into an orderly format: guidelines, programs, etc. Besides, the employees employ measuring techniques to evaluate the effectiveness of the programs. This kind of detailed, scientific approached is how thinkers go about solving tasks.

3 0

3 years ago

The following credit sales are budgeted by Novak Corp.: May $580700 June 854000 July 1195600 August 1024800 The company’s past e

Andru [333]

Answer:

The anticipated collections for August are $1024800

Explanation:

Based on the past experience part, the cash inflows for August will include 8% of June's sales collection, 20% of July's sales collection and 70% of August's sales collection.

Thus, the anticipated collection for August will be:

8% of June' sales = 854000 * 0.08 = 68320

20% of July's sales = 1195600 * 0.2 = 239120
70% of August sales = 1024800 * 0.7 = 717360

Total anticipated collection-August = 68320 + 239120 + 717360 = $1024800

8 0

3 years ago