Answer:
The answer is: after 8 games
Explanation:
You can solve this problem in two ways:
Deanna Lise
Start with $15 $13
After 1 game $14.25 $12.50
After 2 games $13.50 $12.00
After 3 games $12.75 $11.50
After 4 games $12.00 $11.00
After 5 games $11.25 $10.50
After 6 games $10.50 $10.00
After 7 games $9.75 $9.50
After 8 games $9.00 $9.00
Or you can solve this equation:
= (price of arcade D - price of arcade L) / (Deanna's money - Lise's money)
= ($0.75 - $0.50) / ($15 - $13) = $0.25 / $2 = 8
Answer:
$3,515
Explanation:
The computation of the catering supplies is shown below:
= Catering supplies per month + per job cost × expected number of jobs + per meal cost × expected number of meals
= $350 + $89 × 21 jobs + $9 × 144 meals
= $350 + $1,869 + $1,296
= $3,515
Since the question is asking for planning budget so we considered the expected units in terms of jobs and meals
Mayonnaise is delicious, agree? Yes indeed.
Answer:
71.57 days
Explanation:
For computing the average collection period first we have to determine the account receivable turnover ratio which is shown below:
Account receivable turnover ratio = Credit sales ÷ average accounts receivable
where,
Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2
= ($75,000 + $83,000) ÷ 2
= $79,000
And, the net credit sale is $403,000
Now put these values to the above formula
So, the answer would be equal to
= $403,000 ÷ $79,000
= 5.10 times
Now
Average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio
= 365 days ÷ 5.10 times
= 71.57 days
Answer:
Differentiation strategy
Explanation:
This question defines the differentiation strategy. It is an approach which businesses develop whereby they provide their customers with unique and different goods and services than what other competing firms may have to offer in the market. The main goal is to have an advantage increase in the market compared to others.
