gold door credit bank is offering 7.3 percent compounded daily on its savings accounts. you deposit $3,543 today. how much will you have in the account in 12 years?

Answers

Answer 1

Gold Door Credit Bank offers 7.3% interest rate compounded daily on its savings account. Depositing $3,543 today, the amount in the account after 12 years is approximately $9,220.59.

Using the formula for compound interest, we can calculate the future value of the deposit after 12 years as:

FV = PV x (1 + r/n)^(n x t)

Where FV is the future value, PV is the present value (the deposit amount), r is the annual interest rate (7.3%), n is the number of times the interest is compounded per year (365 for daily compounding), and t is the number of years.

Substituting the values, we get:

FV = 3,543 x (1 + 0.073/365)^(365 x 12)

FV = 3,543 x (1.000200)^(4,380)

FV = $9,220.59

Therefore, the amount in the account after 12 years will be approximately $9,220.59.

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Related Questions

how does lever simplify the work? explain.​

Answers

Explanation:

A lever works by reducing the amount of force needed to move an object or lift a load. A lever does this by increasing the distance through which the force acts. ... Instead, they make the work easier by spreading out the effort over a longer distance.

North Side, Inc. has no debt outstanding and a total market value of $175,000. Earnings before interest and taxes, EBIT, are projected to be $16,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 30 percent higher. If there is a recession, then EBIT will be 70 percent lower. The company is considering a $70,000 debt issue with an interest rate of 7 percent. The proceeds will be used to repurchase shares of stock. There are currently 2,500 shares outstanding and the tax rate is 34 percent. What will be the percentage change in EPS if the economy has a strong expansion?

Answers

north side all the way

help!!!
Scenario:
Wanda knows that she is going to incur increased costs if she expands her business. She is concerned about the impact these costs will have on her profit margin and the long-term sustainability of the business.
Currently, Wanda buys free-range chickens and bison and lamb that are fed only non-GMO feed, but this costs her almost 50 percent more than some other sources. Wanda is confident that she could still provide a high-quality product while reducing the cost of her ingredients.
The problem is that the Salty Pawz Web site and all of the product labels contain information about how her products use free-range chickens and animals not fed with GMOs.
Wanda is concerned about whether she can ethically switch ingredients without informing her customers and changing her labels. The dogs will still be getting treats that are healthier than mass-produced ones, and the chances of anyone finding out about the switch are slim.
Should Wanda be worried about deciding to use cheaper ingredients to make her dog treats?

Your Task:
Explain the ethical considerations involved in moving from free-range, sustainable, non-GMO ingredients to cheaper ingredients that still make a good product without informing Wanda's customers.
What is your advice to her concerning this decision, both for and against swapping out the higher-cost ingredients for something cheaper?
Since the treats are being fed to animals, does Wanda have the same ethical responsibilities to her customers that she would have if she were making treats for human consumption?

Answers

Even if Wanda printed all those labels, she still needs to let the customer know that some of the ingredients have changed. If she still decides to put the old label on the new treat.

What is long-term corporate sustainability?

Sustainability is a business approach to creating long-term value by considering how a particular organization functions in the environmental, social and economic environment. Sustainability is based on that developing these strategies enhances the company's life.

Which factors have greatest impact on company's sustainability?

These results show that the factors that influence corporate sustainability include the following five factors: Shared leadership, innovation, economic factors, corporate governance, shared value creation.

How does sustainability affect profitability?

Sustainable profitability of a business means that an organization provides services or products that are profitable and environmentally friendly. Companies that proactively plan for climate change achieve an 18% higher return on investment (ROI) than those that don't.

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A monopolist _____ than a perfectly competitive industry.
A. charges a higher price
B. earns less profit in the long run
C. charges a lower price
D. produces a larger quantity

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A monopolist charges a( A) higher price than a perfectly competitive industry in the long run.

This is because a monopolist has the power to control the market and can set prices at a level where they can earn maximum profit.

In contrast, in a perfectly competitive industry, there are many small firms that compete with each other, resulting in lower prices and lower profits.

However, the higher price charged by a monopolist may also result in a lower quantity produced, as consumers may be deterred by the high price.

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Which of the following is another name for hard skills?
A. People skills
B. Technical skills
C. Management skills
D. Study skills

Answers

Technical skills is another term that is used to refer to hard skills.

What is meant by technical skills ?

Technical skills are the specialized knowledge and proficiency needed to carry out certain activities and make use of particular equipment and programs in practical settings. Almost every sector and industry, from IT and business administration to health care and education, need a wide range of technical abilities.

Technical skills are specialized knowledge or talents that may be applied to real-world work in the fields of math, science, technology, engineering, and the arts. The use of certain tools and the technology needed to employ those tools are often prerequisites for technical abilities.

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Answer:B. Technical Skills

Explanation:

took the test

TRUE/FALSE.In most ad agencies, the people who first conceptualize the target markets, strategy, and budget process are the members of the creative team.

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False. In most ad agencies, the people who first conceptualize the target markets, strategy, and budget process are typically not members of the creative team.

While the creative team plays a crucial role in developing the creative aspects of advertising campaigns, such as the design, messaging, and visual elements, the initial conceptualization of target markets, strategy, and budget is usually handled by other members of the agency, such as account planners, account executives, strategists, and marketing specialists.

These individuals work closely with clients to understand their goals, target audience, market research, and budget constraints. They then collaborate to develop a strategic approach and plan that aligns with the client's objectives before involving the creative team to bring the concept to life.

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According to the fdic community banks have less than what in assets than most cases

According to the fdic community banks have less than what in assets than most cases

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According to the FDIC, community banks have less than $ 10 million in assets in most cases.

       An asset refers to economic or financial bonds that can act as benefits and rewards in the future. A community bank refers to a banking institution that is locally owned and looked over. It is not an official banking system. The local community looks after the finance, transactions, and loans.

       FDIC stands for Federal Deposit Insurance Corporation. It looks after the supply of insurance deposits and looks after the safety and security of the deposits. This institution works with two agencies- American depository institutions and the National Credit Union Administration.

       According to the definitions created by FDIC, any bank containing less than $ 10 million in assets is known as a community bank.

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explain advertisement

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Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.

On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage is 8.5%. Record the transaction.

Answers

Answer:

Kindly see attached picture

Explanation:

Sales tax percentage= 8.5%

Sales = 10,000

Sales tax payable = 0.085 × 10000 = 850

Accounts payable = 10000 + 850 = 10850

Kindly see attached picture for journal entry

On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage

Paying off the balance of your credit card each month is an acceptable use of credit.

a. true

b. false

Answers

The statement "Paying off the balance of your credit card each month is an acceptable use of credit" is true., because when you pay off the balance of your credit card each month, it means that you are not carrying any debt from one month to the next. This is generally considered a responsible and acceptable use of credit.

By paying off the balance in full and on time, you avoid accruing interest charges on the unpaid balance. This helps you save money in the long run. It also helps you build a positive credit history, which is important when applying for future loans or credit.

Paying off the balance each month also helps you stay within your budget and avoid accumulating debt that you may struggle to repay later. It encourages good financial habits and promotes responsible spending.

Overall, paying off the balance of your credit card each month is a smart and acceptable way to use credit. It allows you to enjoy the convenience and benefits of a credit card while avoiding unnecessary interest charges and potential debt.

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Thirty small communities in Connecticut (population near 10,000 each) gave an average of x = 138.5 reported cases of larceny per year. Assume that σ is known to be 43.5 cases per year.
(a) Find a 90% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.) lower limit upper limit margin of error
(b) Find a 95% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.) lower limit upper limit margin of error
(c) Find a 99% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.) lower limit upper limit margin of error

Answers

(a) 90% Confidence Interval:

The 90% confidence interval for the population mean annual number of reported larceny cases in such communities can be calculated using the formula:

Lower Limit = x - (Z * σ / √n)

Upper Limit = x + (Z * σ / √n)

where x is the sample mean, σ is the known standard deviation, n is the sample size, and Z represents the critical value for the desired confidence level.

Given:

x = 138.5 (sample mean)

σ = 43.5 (known standard deviation)

n = 30 (sample size)

Confidence Level = 90%

Using the Z-score for a 90% confidence level (which corresponds to a two-tailed test), the Z-value is approximately 1.645.

Calculating the confidence interval:

Lower Limit = 138.5 - (1.645 * 43.5 / √30)

Upper Limit = 138.5 + (1.645 * 43.5 / √30)

The margin of error can be determined by finding half the width of the confidence interval:

Margin of Error = (Upper Limit - Lower Limit) / 2

(b) 95% Confidence Interval:

Following the same steps as above, but with a different Z-value for a 95% confidence level, the Z-value is approximately 1.96.

Lower Limit = 138.5 - (1.96 * 43.5 / √30)

Upper Limit = 138.5 + (1.96 * 43.5 / √30)

Margin of Error = (Upper Limit - Lower Limit) / 2

(c) 99% Confidence Interval:

Similarly, for a 99% confidence level, the Z-value is approximately 2.576.

Lower Limit = 138.5 - (2.576 * 43.5 / √30)

Upper Limit = 138.5 + (2.576 * 43.5 / √30)

Margin of Error = (Upper Limit - Lower Limit) / 2

Confidence intervals provide a range of values within which we can estimate the true population mean with a certain level of confidence. The formula used in this case is based on the assumption that the population standard deviation is known. The Z-value is determined based on the desired confidence level and represents the number of standard deviations required to encompass the specified confidence level.

In part (a), a 90% confidence interval is calculated, which means we are 90% confident that the true population mean annual number of reported larceny cases falls within the computed interval. The margin of error is the amount by which the sample mean is expected to deviate from the true population mean, and it is half the width of the confidence interval.

In parts (b) and (c), confidence intervals are calculated for 95% and 99% confidence levels, respectively. As the confidence level increases, the range of the confidence interval becomes wider, reflecting increased uncertainty and providing a more conservative estimate of the population mean.

It is important to note that these calculations assume a random and representative sample, and that the sample standard deviation (σ) accurately reflects the population standard deviation.

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One way to more effectively prevent failure of the expatriate assignment is to:____.

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One way to more effectively prevent failure of the expatriate assignment is to- Prepare expatriates and their families for assignments

Traditionally, expatriate assignments occurred when a multinational hired an employee and assigned him to work abroad for one of three reasons: to support a foreign affiliate, as a broadening assignment, or to serve as a "foreign correspondent" performing tasks overseas for the benefit of the home-country employer. However, multinational corporations are increasingly seeing traditional expatriate assignments as ineffective.

A business expatriate is an employee who was originally hired and worked for a multinational in one country and is now reassigned to work temporarily abroad in a new overseas location. At the end of a business assignment, an expatriate always expects to return home—to be "repatriated." A business expatriate is a "permanent transferee" who has no intention of returning home.

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#1 You are driving down the highway when one of your tires suddenly blows out. You should

Pump your brakes rapidly, and steer your vehicle to control any skids.

Avoid using your brakes. Slow down gradually and concentrate on steering.

Press hard on your brake pedal and stop as quickly as you can.

Answers

Avoid using your brakes. Slow down gradually and concentrate on steering

when calculating gdp, the bureau of economic analysis revises its quarterly data

Answers

The Bureau of Economic Analysis (BEA) revises its quarterly data when calculating GDP to ensure accuracy and reliability

The calculation of GDP involves measuring the value of all final goods and services produced within a country's borders during a specific time period. Due to the complexity and vastness of economic data, initial estimates of GDP may not capture the full picture accurately. To ensure the accuracy and reliability of GDP figures, the BEA conducts regular revisions of its quarterly data.

These revisions involve incorporating new information, updated data sources, and improved methodologies. As more accurate and comprehensive data becomes available, the BEA adjusts its initial estimates to provide a more precise and refined measure of economic activity. This revision process helps to ensure that GDP figures reflect the most current and reliable information for economic analysis and policymaking.

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7. Sharon spent the weekend with her friend Amelia. Amelia proposed a plan for shoplifting CDs from a local music store. Sharon was to go to the store clerk, say she felt ill, and then pretend to faint. This distraction would allow Amelia, at the other end of the store, to place CDs in her shopping bag without risk of being seen. At first Sharon said she could not do something like that because it is against the law. Amelia argued that Sharon would not be breaking the law, only Amelia would. Is Amelia right? If a person can think of a way to profit by violating the law without risk, what reasons are there for not breaking the law?

Answers

Answer: Amelia is wrong because she is a partaker in the crime.

Explanation:

When gang members rob a shop, not all do the robbing at the same time, some drive the robbers, some stay on guard to watch the situation, and they are those that rob, but when they are caught, the law prosecutor goes for all of them involved because they acted as a team to carry out such act. It is same with this scenario, anyone who is fully aware and supported any criminal acts is considered a violator of the law. All people who participated in a criminal act is guilty of the crime.

However, it will only be punishable if there are witnesses and evidence to show that they partook in the event.

How do objectives make it more likely that you will reach your goals?
.A.Objectives are based on others' experiences.
.B.Objectives provide a step-by-step path to success.
.C.Objectives are the best way to assess your interests.
.D.Objectives help guide your career choices.

Answers

Answer:B.Objectives provide a step-by-step path to success.

Explanation:

describe how expectation of changes in supply can affect the supply of a product

Answers

Expectations sellers have for a good's future price, which is taken for granted when constructing a supply curve. If sellers anticipate a higher price, supply will decline. If sellers anticipate a lower price, supply will rise.

How expectations can affect demand?

Buyer expectations are one factor that shifts demand. Buyers who postpone purchasing an item today in the hopes that the price will drop in the future reduce the current demand for that item. On the other hand, if a customer anticipates that the price will rise in the future, there will be a greater demand for the product right now.

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how to do note 3 of financial statement​

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Answer:

Notes to financial statements reveal the specific assumptions that accountants make when compiling a company's income statement, balance sheet, statement of changes in financial position, or statement of retained profits.

Explanation:

Explain the word taxation.​

Answers

Taxation is the practice of a government collecting money from its citizens to pay for public services, taxation is practice of collecting taxes (money) from citizens based on their earnings and property

To be eligible for federal grants to pay for college, a student must _____.

(PLATO CORRECT ANSWER ONLY)

A. attend either a public university or community college
B. complete one year of college in good standing
C. complete the FAFSA before the deadline
D. be able to pay more than half the tuition

Answers

C. A student must complete the FAFSA before the deadline to be religionless for federal grants

Standards that help to shape behaviors towards employees, the organization, and other economic agents are Select one: A. Regulations B. Laws C. Managerial ethics. D. Utility maximizing techniques. E. Social responsibilities.

Answers

Answer:

C) Managerial ethics

Explanation:

Managerial ethics can be regarded as rules as well as principles that are out in place by upper management of an organization which serve as a moral guidance for the rest of the organization. It is usually a guidelines put in place by supervisor for employee in the organization to know what is right or wrong. It should be noted that Managerial ethics are Standards that help to shape behaviors towards employees, the organization, and other economic agents.

At Ancestry, even in a job as seemingly specialized as that of genealogist, the component parts of the job are quite varied. If Ancestry asked you to advise the company on restructuring job design, how would you explain a recommendation for further specialization?
The workers in highly specialized jobs tend to report higher levels of job satisfaction.
When workers perform small, simple tasks, they become very proficient at each task.
Specialization increases the transfer time between tasks.
Highly specialized workers may feel their jobs are too stimulating.

Answers

A recommendation for further specialization within the job of a genealogist would involve breaking down the job into smaller and more specific tasks. By doing this, the genealogist would be able to focus and become more proficient in certain specialized areas.

What does a genealogist do?

A genealogist is a person who studies and traces family histories and lineages. They use a variety of sources such as birth, marriage, death and census records to build family trees and track down historical information about ancestors.

This would allow for a higher transfer time between tasks, resulting in increased job satisfaction. For example, a genealogist may specialize in researching a particular geographic area or time period.

In addition to increasing job satisfaction and providing the opportunity to specialize, further specialization also has the potential to increase the efficiency and quality of the genealogists’ work. By breaking down the job into smaller tasks and becoming more proficient in certain areas, the genealogist is better able to focus on the quality of their work and deliver results more quickly.

By breaking down the job into smaller tasks, the genealogist is able to focus, become more proficient, and specialize in certain areas. This leads to increased job satisfaction and improved work quality.

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If sales tax is 6%, how much sales tax must you pay on an oven that costs
$362? +

Answers

Answer:

$21.72

Explanation:

Sales tax is 6%

The cost of the oven is $362

Sales tax for the oven will be 6% of $362

=6/100 x $362

=0.06 x $362

=$21.72

Vollmer Manufacturing makes three components for sale to refrigeration companies. The components are processed on two machines: a shaper and a grinder. The times (in minutes) required on each machine are as follows:MachineComponentShaperGrinder164245342The shaper is available for 120 hours, and the grinder is available for 110 hours. No more than 200 units of component 3 can be sold, but up to 1000 units of each of the other components can be sold. In fact, the company already has orders for 600 units of component 1 that must be satisfied. The profit contributions for components 1, 2, and 3 are $8, $6, and $9, respectively.a. write the LP model to maximize profit and solve it to find the optimal number of components and total profit.b. what are the objective function coefficient ranges for the three components? interpret these ranges for company management.c. what are the right hand side ranges for the shaper constraint? interpret the shadow price for this constraint and the right hand side for this constraintd. if more grinder time could be made available, how much would it be worth?e. if more units of component 3 can be produced, how much would an additional unit add to profit?

Answers

Manufacturing can be defined as  the production of goods through the use of labour, machinery, tools and biological or chemical processing or formulation.

Explain the whole process.

Let C1 units of component 1 manufactured.

Let C2 units of component 2 manufactured

Let C3 units of component 3 manufactured

Now, 8C1 + 6C2 + 9C3

       6C1 + 4C2 + 4C3 < 7200

       4C1 + 5C2 + 2C3 < 6600

                              C3 <200

                    C2           < 1000

         C1                      > 600

            C1  , C2, C3 > 0

Therefore , the solution is

C1 = 600

C2= 700

C3 = 200

Through this method we can find out about various components, ranges and units produced.

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Promotion is one of the 4P‘s of marketing. The promotion mix is ___??

Answers

Answer: Promotion mix could be defined as several methods or tools used to improve the market situation of a product, so the product could have more presence and demand in the market.

Explanation:

Promotion mix could be defined as several methods or tools used to improve the market situation of a product, so the product could have more presence and demand in the market. Some of what makes it up are public relations, advertising, personal sales.

Sheffield Company sells on credits goods that cost $317,500 to Ricard Company for $400,000 on January 2, 2020. The sales price includes an installation fee, which has a standalone selling price of $49,500. The standalone selling price of the goods is $350,500. The installation is considered a separate performance obligation and is expected to take 6 months to complete. (a) Prepare the journal entries (if any) to record the sale on January 2, 2020

Answers

To record the sale on January 2, 2020, the following journal entries need to be prepared:

1. Record the sale of goods:
Accounts Receivable (Ricard Company) - Debit: $400,000
Sales Revenue - Credit: $350,500
Inventory - Debit: $317,500

2. Record the sale of installation service:
Accounts Receivable (Ricard Company) - Debit: $49,500
Installation Revenue - Credit: $49,500

Note: Since the installation service is considered a separate performance obligation, it needs to be recognized as a separate revenue stream. The standalone selling price of the installation service is $49,500, which is recognized as Installation Revenue. The Accounts Receivable (Ricard Company) is debited for both the goods and the installation service, as the sale is on credit.

To record the sale on January 2, 2020, you'll need to account for the standalone selling prices of both the goods and the installation fee. Here's a step-by-step explanation of the journal entries you'll need to prepare:

Step 1: Determine the total transaction price
Total transaction price = $400,000

Step 2: Allocate the transaction price to the performance obligations
Goods: ($350,500 / $400,000) x $400,000 = $350,000
Installation: ($49,500 / $400,000) x $400,000 = $50,000

Step 3: Prepare the journal entries on January 2, 2020

Journal Entry 1 - Record the sale of goods:
Debit: Accounts Receivable $350,000
Credit: Sales Revenue $350,000

Journal Entry 2 - Record the cost of goods sold:
Debit: Cost of Goods Sold $317,500
Credit: Inventory $317,500

Journal Entry 3 - Record the installation fee as a performance obligation:
Debit: Accounts Receivable $50,000
Credit: Unearned Installation Revenue $50,000

So, on January 2, 2020, you will need to prepare the three journal entries above to record the sale, cost of goods sold, and the installation fee as a separate performance obligation.

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Shannon Company segments its income statement into its North and South Divisions. The company’s overall sales, contribution margin ratio, and net operating income are $480,000, 36%, and $9,600, respectively. The North Division’s contribution margin and contribution margin ratio are $92,000 and 40%, respectively. The South Division’s segment margin is $32,500. The company has $62,400 of common fixed expenses that cannot be traced to either division. Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. (Round your percentage answers to 1 decimal place (i.e. 0.1234 should be entered as 12.3

Answers

Answer:

                                 Shannon Company

                         Segmented Income Statement

                                 Total Company        North                     South

                                                                   Division                 Division

Total sales                  480,000  100%      230,000  47.9%    250,000 52.1%

Variable costs            307,200   100%      138,000   44.9%    169,200  55.1%

Contribution margin   172,800   100%       92,000   53.2%     80,800  46.8%                        

Traceable fixed          100,800   100%       52,500   52.1%      48,300  47.9%

Segment income         72,000   100%       39,500   54.9%     32,500  45.1%

Common fixed             62,400   100%

Net income                    9,600   100%

North's total sales = $92,000 / 40% = $230,000

South's total sales = $480,000 - $230,000 = $250,000

South's contribution margin = $172,800 - $92,000 = $80,800

Total segment income = common fixed + net income = $62,400 + $9,600 = $72,000

The sources of customer expectations are market-controlled factors such as:
A) The individual's innate needs
B) The individual's previous experiences
C) Word-of-mouth communication
D) Sales promises
E) What the competition is offering

Answers

I think the answer is D) Sales promises

The sources of customer expectations are market-controlled factors such as sales promises. Hence, option D is appropriate.

What are the sales promises?

The discounted price at which services or products are being sold is known as the "sale promise." Typically, this price is provided for a brief period to boost sales during a slow period or just get rid of extra inventory. The discount is represented in the advertisement as a percentage of the list price.

The rate is commonly expressed as a percentage. Multiply this rate by the original price to determine the discount. Subtract the discount from the original price to get the sale promises.

The selling price is the amount that a customer paid for a service or product. It may differ based on the price that buyers are prepared to pay, the seller's acceptance threshold, and how competitive that price is with those of other companies in the market.

Hence, option D is correct.

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Assuming James were to take on a sole investor who gives him a total of $100,000 for a 60 percent stake in his company, how much is James’ business valued at?

Answers

Part 4. The value of James' business is $166,667. option A

Part 5. the most favorable trade credit term for James would be "2/10, Net 30. Option A

Part 4: To calculate the value of James' business, we can use the concept of valuation based on the investor's stake. If the investor is giving James $100,000 for a 60 percent stake in the company, we can set up a proportion to find the total value of the business.

Let "x" be the total value of the business. We can write the proportion as:

$100,000 / x = 60% / 100%

Simplifying the proportion, we have:

$100,000 / x = 0.6

Cross-multiplying, we get:

0.6x = $100,000

Dividing both sides by 0.6, we find:

x = $100,000 / 0.6

x = $166,667

Therefore, the value of James' business is $166,667.

The correct answer is A) $166,667.

Part 5: As James markets his bike tires to sporting goods manufacturers, the most favorable trade credit terms for him would be those that provide a shorter payment period and offer an early payment discount. This allows James to receive payment quickly and potentially benefit from a discount.

Among the options provided, the trade credit term that would be most favorable to James is "2/10, Net 30." This means that if the manufacturers pay within 10 days, they can take a 2% discount, and if they don't take the discount, the full payment is due within 30 days.

This gives James the advantage of receiving payment earlier if the manufacturers choose to take the discount, or receiving the full payment within a reasonable timeframe if they don't.

Therefore, the most favorable trade credit term for James would be "2/10, Net 30."

The correct answer is "2/10, Net 30."

Option A

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Finance & Banking - HW Savel Help Save & Exit Required information 17 7d. Assuming James were to take on a sole investor... Part 4 of 5 Assuming James were to take on a sole investor who gives him a total of $100,000 for a 60 percent stake in his company, how much is James' business valued at? 434 points Multiple Choice $166667 $100,000 $60,000 $1000.000 Required information 18 As James markets his bike tires to sporting goods manufacturers, what trade credit terms would be the most favorable to him not the manufacturers? Part 5085 Multiple Choice 4.34 points Net 15 Net 30 2/10, Net 60 Net 50 2/10. Net 30

calculating the uniform price at which a good is sold in a price discriminating monopoly with two demand curves

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In a price-discriminating monopoly with two demand curves, the uniform price is calculated by finding the price that maximizes the monopolist's total revenue.

This can be done by determining the quantity demanded at each price level for both demand curves and then setting the total revenue equal to the cost of production.

Let's assume that the two demand curves are represented by the equations:

Q1 = a - b1P

Q2 = a - b2P

where Q1 and Q2 are the quantities demanded at price P for each demand curve, and a, b1, and b2 are parameters specific to each demand curve.

To find the uniform price, we need to find the price at which the total revenue is maximized. The total revenue is calculated by multiplying the price by the quantity demanded for each demand curve and summing them up:

TR = P * Q1 + P * Q2

To maximize the total revenue, we differentiate the total revenue function with respect to P and set it equal to zero:

d(TR)/dP = 0

By solving this equation, we can find the price that maximizes total revenue, which would be the uniform price in this case

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