The Weak Axiom of Revealed Preference (WARP) is a fundamental theoretical criterion for the consistency of economic behavior that is necessary to ensure the existence of a utility function that reflects the preferences of a rational consumer.
The Walrasian demand function x(p, w) can be derived from a rational preference relation by a two-stage process: First, the rational preference relation generates a set of feasible consumption bundles (or budget sets) that are consistent with the consumer's income and the prices of the goods. Second, the consumer chooses a consumption bundle that maximizes his or her utility subject to the budget constraint. The Walrasian demand function x(p, w) gives the quantity of each good that the consumer demands as a function of the prices and the income.
If the consumer's preferences are rational, then the Walrasian demand function x(p, w) must satisfy the Weak Axiom of Revealed Preference (WARP).The Weak Axiom of Revealed Preference (WARP) is a condition that requires that if a consumer chooses a consumption bundle x over another consumption bundle y when the prices and income are (p,w), then the consumer must also choose x over y when the prices and income are (p',w'), where p' is any price vector that is not equal to p and w' is any income level that is not smaller than w.
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A $5,000,000 issue of construction bonds were sold at par by he capital projects fund, Debt issuance costs included administrative fees of $45,000 and prepaidinsurance costs of $5,000.
Prepare in general journal form the necessaary entries in the governmental activities and approppriate fund journals for each transaction. Expanations may be omitted, For each entry you prepare, name the fund on which the entry should be made.
Answer and Explanation:
The journal entries are shown below:
Cash Dr $5,000,000
To Bond proceeds $5,000,000
(Being issuance of the constructions bonds are recorded)
Debt issuance cost $50,000
To Cash $50,000
(Being debt issuance cost is recorded)
Cash $4,950,000
Debt issuance cost $50,000
To Bond Proceeds $5,000,000
(being issuance of the construction bond is recorded)
Organizational objectives and supply objectives typically are expressed:
a. differently, making it difficult to translate organizational objectives into supply objectives.
b. differently, providing the supply manager multiple opportunities to tap into organizational resources.
c. the same (survival, growth, financial, and environmental), but long-term at the organizational level and short-term at the supply level.
d. the same factors (quality, quantity, price, delivery and service), but long-term at the organizational level and short-term at the supply level.
e. in ways that are very specific to the organization, making it difficult to convey objectives to suppliers.
The answer is d. Organizational objectives and supply objectives are typically expressed in the same factors of quality, quantity, price, delivery, and service. However, these objectives are often long-term at the organizational level and short-term at the supply level. This means that supply managers must align their objectives with the overall organizational strategy to achieve the desired results.
It is important for supply managers to understand the company's goals and objectives to develop effective supply chain strategies that can support the organization's growth and financial objectives. While there may be some differences in the way these objectives are expressed, they should ultimately align to create a cohesive approach to achieving success.
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Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months.
The time it will take to increase the limit to $1,600 is 2.5 years, when the credit card has a credit limit of $1,000.
What is a credit card?A credit card is a payment card issued to users or cardholders to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt that is promised to the card issuer to pay them for the amounts plus the other agreed charges. The card issuer usually a bank or credit union creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.
A credit card is different from a debit card.
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Your question was incomplete, your full question probably was:
Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months. They will not increase your credit line more than 10% each 6-month period. Assuming they increase your limit each 6-month period by 10%, how long will it take to increase your limit to $1,600?
The profit graph allows users to easily identify: (Check all that apply.)
a) the profit at any given sales volume.
b) the sales volume required to reach the break-even point.
c) total expenses incurred at any given sales volume.
The profit graph provides valuable information to businesses as it helps users to identify various aspects related to profits. Users can easily determine the profit at any given sales volume.
The profit graph is a graphical representation of the profits earned by a business at different sales volumes. It plots the total revenue and total expenses incurred by the business against the sales volume, which helps in analyzing the profitability of a business. By looking at the profit graph, users can easily identify the profit earned at any given sales volume. This information can be used to make informed decisions regarding pricing strategies and determining the optimum sales volume to maximize profits.
Moreover, the profit graph also helps users in identifying the break-even point. The break-even point is the point where the business earns enough revenue to cover all its expenses, and its profit is zero. By looking at the profit graph, users can determine the sales volume required to reach the break-even point. This information is critical for businesses as it helps them in setting sales targets and in making important decisions regarding pricing and cost management.
However, the profit graph does not provide information on the total expenses incurred at any given sales volume. It only represents the total expenses incurred by the business against the sales volume. To calculate the total expenses at any given sales volume, users need to look at the detailed financial statements of the business. Nonetheless, the profit graph is a valuable tool that provides critical information to businesses, helping them to make informed decisions and achieve profitability.
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It is important for the salesperson to pay close attention to the buyer's interests during the need discovery phase to:
Based on business strategy, the salesperson needs to pay close attention to the buyer's interests during the need discovery phase to "uncover the dominant buying motives."
What is the Need Discovery Phase?The need discovery phase is when firms or salespeople try to understand the motives of the consumers, their needs, and requirements.
As a salesperson, knowing why the buyer or consumer wants to buy a product will give you an edge to know how to market your products to the consumer.
Hence, in this case, it is concluded that the correct answer is "uncover the dominant buying motives."
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Can you explain the significance of Hershey Trust having equity in a corporation, and what it implies for the company's ownership structure and decision-making processes?
The Hershey Trust having equity in a corporation is significant because it implies that the Trust is a major shareholder and has a significant ownership stake in the company.
This ownership structure can impact the decision-making processes. By owning a significant portion of The Hershey Company's equity, the Hershey Trust has the ability to influence the company's strategic direction and overall management of the company as the Hershey Trust would have a say in major decisions such as mergers and acquisitions, major investments, and changes in leadership. The Trust's significant ownership stake also means that the company's financial performance would have a direct impact on the Trust's finances and investments. Overall, the Hershey Trust's equity in the corporation signifies a significant relationship between the Trust and the company, and highlights the importance of their ongoing collaboration and partnership.
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3. If you meet with a professional buyer who is trained in negotiation, what tactics can you expect the person to use? How would you respond to each of these tactics?
Answer:
Explanation:
A professional buyer usually has uses many different tactics in a meeting/negotiation in order to get the best price possible or a price that largely favors them as a buyer. Two of these tactics would be to point out negative aspects of the asset being sold while another one would be a take-it-or-leave-it offer. With both of these tactics, the buyer tries to make the asset seem as not worth its asking price and then with the offer, the buyer is making it seem as though the seller will not receive a better offer and tries to make them accept the offer out of fear of missing out on the sale. Personally, the best way I would respond to both of these tactics would be to continuously point out the positive aspects of the asset and stay firm to your initial/needed price point.
When an employee is terminated, IS administrators should receive advance notice so that they can ________.
When the employee is terminated the IS administrators should receive advance notice so that they can remove the user account and password.
By terminated, this means that this employee has ceased to be a worker of the organization. As a person that no longer works there, it would be of no use for them to still have access to company facility.
If the user account and the password is not removed, this employee would be able to find his way into the database of the company. He would still have a hold on confidential information.
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dividends paid to common stockholders be deducted from the payer's taxable income for tax purposes. multiple choice question. may can cannot should
Dividends paid to common stockholders cannot be deducted from the payer's taxable income for tax purposes.
What is dividend?Dividend can be defined as the portion of profit that a company or an organization paid to stockholders based on the fact that stockholders are investors who invested their money into a company with an expectation to share profit with the company they invested in.
Dividends paid to stockholders cannot be lessen from the payer's taxable income for tax purposes as the dividend are portion of profit that companies paid to their stockholders.
Therefore the correct option is C.
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T
the group of consumers most likely to purchase a particular product are called a
Answer:
A target market.
Explanation:
The group of consumers most likely to purchase a particular product is called the target market.
What is a target market?A target market is a group of people that have been identified as the most likely potential customers for a product because of their shared characteristics such as age, income, and lifestyle.
Identifying the target market is a key part of the decision-making process when a company designs, packages, and advertises its product. A new product must satisfy a need or solve a problem, or both. That need or problem is probably not universal unless it reaches the level of indoor plumbing. More likely, it is needed by a subset of consumers, such as environmentally-conscious vegetarians, or science nerds, or outdoor enthusiasts. It may appeal to a teenager or a middle-aged professional, a bargain-hunter or a snob.
The target market also can inform a product's specifications, packaging, and distribution.
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What makes some strong cultures helpful in gaining and sustaining a competitive advantage, while other strong cultures are a liability to achieving that goal?
The strong culture is assisted through gaining and sustaining a competitive advantage as they are based on the trust, values and togetherness with teamwork.
What is Culture?Culture refers to the practices and beliefs that are undertaken by the people of the particular region for long years. It represents the society that follows the social structure and people in the organization that shares the values and beliefs with each other.
A great culture is built on principles, trust, beliefs, and collaboration. It is understandable to see the significant benefits of having a strong culture for certain firms when it is always upgrading itself with particular values, concepts, and diversification, as well as adjusting to shifts in the business environment.
Therefore, it can be concluded that few strong cultures that can help organizations obtain and keep a competitive advantage
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How have newer work models made the workplace more efficient?
Explanation:
Don't be Afraid to Delegate. While this tip might seem the most obvious, it is often the most difficult to put into practice. ...Match Tasks to Skills. ...Communicate Effectively. ...Keep Goals Clear & Focused. ...Incentivize Employees. ...Cut Out the Excess. ...Train and Develop Employees. ...Embrace Telecommuting.Answer:
1)Assign a task to the person with the right skills. When a new assignment arises, managers tend to think: "Who on my staff has time to take this on?" This is not an effective way to make a decision.
2)Limit meetings: Let's face it: Unless it's a necessary client meeting or important brainstorm session, nine times out of 10,
3)Systematize processes to save people time. There may be old ways of doing things in your company that take up a lot of time. When you ask managers why you do things that way, they may say: "Well, that's just how we've always done it."
4)Provide quiet, uninterrupted spaces to work. This goes back to those colleagues disrupting your work to discuss personal issues. Most people work better in an environment without a lot of noise. Cubicle farms make it hard to accomplish meaningful work. The open physical layout of many offices today, as well as "open-door" policies establish an open invitation for co-workers to interrupt others.
5)Determine where people need to be located. Companies are beginning to realize that telework saves them money and greatly increases productivity. Employees working from home tend to accomplish more than their counterparts sitting in an office. This is mainly due to the lack of office distractions listed above and the extra time people can put into work since they can start and end their day during typical commute times. Also, business travel is not always a necessity, as it is both a high monetary and time cost to incur.
Explanation:
Hope it HELPS you .....
The closing of a post-interview thank-you note should remind the interviewer of the candidate's interest in the position and use the "you" attitude. Which is the best way to close the thank-you letter?
a.I am eager to become part of such an established and respected company and hope to hear from you soon.
b.I am certain that my contributions will improve Mercer's already excellent record and look forward to joining the staff soon.
c.Because I have interviewed at several other firms, I would appreciate hearing from you as soon as possible.
A. "I am eager to become part of such an established and respected company and hope to hear from you soon."
In a post-interview thank-you note, it is important to leave a positive impression and reiterate your interest in the position. Option a. accomplishes this by expressing eagerness to join the company and the hope to hear from the interviewer soon. It conveys enthusiasm and a desire to move forward in the hiring process. Option b. also expresses confidence in one's abilities but lacks the personalized touch of option a. Option c. brings up other interviews and may come across as pushy or desperate, which is not recommended.
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You are using a classification model for stakeholders’ analysis that groups the stakeholders based on their level of authority and their level or concern regarding the project outcomes. This is known as:
Group of answer choices
Power/influence grid.
43) Generally, a bid differs from a proposal in that the term:
Group of answer choices
Bid is used when the seller selection decision will be based on price.
Bid is used when technical capability or technical approach are paramount.
Proposal is used when the selection decision will be based on price.
Proposal is used when the project time frame is limited.
Influence/impact grid.
Power/interest grid.
Salience model.
42) A thorough analysis of the ____________ will help identify potential risks to the project.
Group of answer choices
Risk identification checklist based on historical information and knowledge
Project's change control system
Project's mission statement
Project's schedule and budget
1. You are using a classification model for stakeholders’ analysis that groups the stakeholders based on their level of authority and their level or concern regarding the project outcomes. This is known as Salience model. Therefore, the correct option is D.
2. Generally, a bid differs from a proposal in that the term as bid is used when the seller selection decision will be based on price. Therefore, the correct option is A.
3. A thorough analysis of the risk identification checklist based on historical information and knowledge will help identify potential risks to the project. Therefore, the correct option is A.
1. Salience model is a classification model used for stakeholders’ analysis that groups the stakeholders based on their level of authority and their level of concern regarding the project outcomes. It prioritizes stakeholders according to their power (influence), legitimacy (authority), and urgency (level of concern). The model aids in the identification of the most important stakeholders who require the most attention and engagement. Hence, the correct answer is option D.
2. In general, a bid differs from a proposal in that the term "bid" is used when the seller selection decision will be based on price, whereas "proposal" is used when the selection decision will be based on technical capability or approach. Hence, the correct answer is option A.
3. A thorough analysis of the risk identification checklist based on historical information and knowledge will help identify potential risks to the project. This checklist provides a list of potential risks based on experience from similar projects in the past, which will aid in identifying risks before they occur.
The other options (Project's change control system, Project's mission statement, and Project's schedule and budget) are important elements of project management, but they do not directly assist in identifying potential risks. Hence, the correct answer is option A.
Note: The question is incomplete. The complete question probably is: 1. You are using a classification model for stakeholders’ analysis that groups the stakeholders based on their level of authority and their level or concern regarding the project outcomes. This is known as: Group of answer choices A) Power/influence grid. B) Influence/impact grid. C) Power/interest grid. D) Salience model.
2. Generally, a bid differs from a proposal in that the term: Group of answer choices A) Bid is used when the seller selection decision will be based on price. B) Bid is used when technical capability or technical approach are paramount. C) Proposal is used when the selection decision will be based on price. D) Proposal is used when the project time frame is limited.
3. A thorough analysis of the ____________ will help identify potential risks to the project. Group of answer choices A) Risk identification checklist based on historical information and knowledge. B) Project's change control system. C) Project's mission statement. D) Project's schedule and budget.
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michelle works in retail and cant decide what products to include in the stores front window display what is the first step she should take to solve this problem
Michelle works in retail and can't decide what products to include in the store's front window display. What is the first step she should take to solve this problem?
A. List the options.
B. Evaluate the decision/choice.
C. State the problem.
D. Determine the pros and cons.
Answer:
C. State the problem.
Explanation:
To start with, Michelle must remember why he wants to put the product on the front window display. Next, he has to remember what he gains from displaying the products which are to advertise to potential customers.By stating this problem, Michelle now knows what products to include in the front window display because he can now sort the products that are likely to attract customers and display them.in the hvacr trade tubing is joined together by what?
Answer:
Copper tubing is joined using flare connection, compression connection, pressed connection, or solder. Copper offers a high level of corrosion resistance but is becoming very costly.
Which is a characteristic of judging approach
Answer:
Clarity and Closure
Explanation
Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.
Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.
Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.
Under the LIFO retail method, we determine that:__________.
a) a new layer of inventory has been added during the period if the ending inventory at retail is greater than the beginning inventory at cost.
b) the ending inventory at retail is greater than the beginning inventory at retail.
c) the ending inventory at retail is less than the beginning inventory at retail.
Answer: the ending inventory at retail is greater than the beginning inventory at retail
Explanation:
In the Last-In-First-Out(LIFO) method, it is assumed that the units that are sold are the ones that were recently bought.
Under the LIFO retail method, to determine a new layer at retail, the beginning inventory at the retail will have to be deducted from the ending inventory at retail.
This means that a new layer of inventory will be added when the ending inventory at retail is greater than the beginning inventory at retail.
Using the SMART goal-writing criteria, what refers to being able to complete a goal? A. Realistic B. Measurable C. Attainable D. Specific
Answer:
C.
Explanation:
attainable or to attain the goal
Workplace technology is relied upon by businesses to increase
O A. Employee turnover
O B. Philanthropy
O C. Efficiency and effectiveness
O D. Malfunction and futility
Answer:
C
Explanation:
Workplace Technology focues on maximizing effency to increase profit margines
How are traditional and Roth IRAs different from 401(k) plans?
A. Traditional and Roth IRAs are set up by companies, while 401(k)
plans are not
B. Traditional and Roth IRAs are tax deductible, while 401(k) plans
are not.
C. Traditional and Roth IRAs are set up by individuals, while 401(k)
plans are not
D. Traditional and Roth IRAs have no limits on annual contributions,
while 401(k) plans do.
Answer:
C.traditional and Roth IRAs are set up by
individuals, while 401(k)
plants are not
Explanation:
hope can help
Traditional and Roth IRAs are different from 401(k) plans as Traditional and Roth IRAs are set up by individuals, while 401(k)plans are not. Option C. This is further explained below.
What is Roth IRAs?Generally, Roth IRAs is simply defined as Individual retirement accounts (IRAs) are taxed at the time of deposit, but all future withdrawals are tax-free with a Roth IRA.
In conclusion, Traditional and Roth IRAs are distinct from 401(k) plans as Traditional and Roth IRAs are set up by people, whereas 401(k)plans are not.
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Small business service organizations that are patterned after the Agricultural Extension Service are known as
Answer: Small Business Development Centers
Explanation:
Small business service organizations that are patterned after the Agricultural Extension Service are known as Small Business Development Centers.
Small Business Development Centers help in giving assistance that are business-related and also help in giving knowledge to entrepreneurs in order to help them begin and run their business.
Your opening a small toy store. Identify three decision about inventory you would need to buy in your first year of operation. What type of information, if any would you want or need to have available in you accounting information system to help you make each of those decisions?
Your main focus should be towards what kind of toys kids demand or you should have proper supply or not.
There are three inventory decisions you would need to make throughout your first year of business :
1. The most crucial decision you must make is how many new toys should be bought to satisfy expected demand for the product. Sales will be lost if you order too little, and profits will be decreased if you order too much due to the low pricing offered during clearance sales.
2. The second most crucial decision you must make is to keep your toys up to dated according to kids interest.
3. The third most important decision not to move towards higher return in your first year by offering less price than M.R.P.
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Abdul spends all of his income on food (F) and shelter (S). His budget line is given by the equation 5F + 20S = 100. Which of the following consumption bundles is part of his consumption possibilities?
ï‚· 8 units of F and 3 units of S
ï‚· 14 units of F and 2 units of S
ï‚· 0 units of F and 6 units of S
ï‚· 20 units of F and 15 units of S
Abdul's budget line is given by the equation 5F + 20S = 100. This means that he has a fixed income of 100 units and he can spend it on either food or shelter or a combination of both. The budget line shows all the possible consumption bundles that Abdul can afford given his fixed income and the prices of food and shelter.
To determine which of the given consumption bundles is part of Abdul's consumption possibilities, we need to plug in the values of F and S in each option and see if it satisfies his budget constraint.
Let's take the first option of 8 units of F and 3 units of S. Plugging in the values, we get 5(8) + 20(3) = 100. This option satisfies Abdul's budget constraint and is therefore part of his consumption possibilities.
Similarly, we can check the other options. The second option of 14 units of F and 2 units of S gives us 5(14) + 20(2) = 100, which also satisfies the budget constraint. The third option of 0 units of F and 6 units of S gives us 5(0) + 20(6) = 120, which is greater than Abdul's income and hence not feasible. The fourth option of 20 units of F and 15 units of S gives us 5(20) + 20(15) = 500, which is also greater than Abdul's income and hence not feasible.
Therefore, the consumption bundles that are part of Abdul's consumption possibilities are the first and second options, which are 8 units of F and 3 units of S, and 14 units of F and 2 units of S, respectively.
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though an organization's good reputation is a valuable resource that takes years of superior marketplace competence to achieve, it is not a good basis for building a competitive advantage because it can be destroyed almost instantly by bad publicity.
a) true
b) false
Judging is:
Select the best answer choice.
A.
One's openness and flexibility to new information
B.
Perceiving people
C.
Responding to what the world throws at an individual
D.
Imposing order on the outside world
what is qbasic program
Answer:
structured programming language :)
Explanation:
Answer:
structured
Explanation:
Builtrite common stock just paid a dividend of $2.50 and dividends are expected to grow at a 6% annual rate. If you require an 13% annual return, what do you believe is a fair price for Builtrite stock?
To calculate the fair price for Builtrite stock when a dividend is paid and dividend are expected to grow at a 6% annual rate and an investor requires a 13% annual return, we can use the dividend discount model.
The dividend discount model is calculated as follows: P = D₁ / (r - g) where = the fair price of the stockD₁ = the dividend paid at the end of the first year = the required rate of return = the expected dividend growth rate.
Substituting the given values, we have:P = $2.50 / (0.13 - 0.06)P = $2.50 / 0.07P = $35.71. Therefore, the fair price for Builtrite stock is $35.71.
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The calculation of the fair price for Builtrite stock can be obtained using the dividend discount model. A stock's value can be estimated using the dividend discount model (DDM), which calculates the value of a stock based on its future dividends.
The dividend discount model takes into account the present value of a stock's future dividend payouts, including any growth. Here, the calculation is as follows:Given data:Annual dividend = $2.50Growth rate = 6%Rate of return required by the investor = 13% Formula for calculating fair value:FV = D1/(r-g)Where,FV = fair valueD1 = dividend expected in the next year = $2.50 x (1 + 6%) = $2.65r = Required rate of return = 13%g = Growth rate of dividends = 6%Therefore, FV = $2.65/(13%-6%) = $44.17The fair price of Builtrite common stock is $44.17 per share.
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Briefly explain the two ways to calculate a company's depreciation. Which one is used more often in your opinion? (2 marks) (2) The USASK Corporation recently purchased an asset for $12,223,500. The company's manager expects that the asset will have a 10-year life. The asset has a 20% CCA rate. Calculate the CCA and UCC until the end of year 10. (6 marks)
1. The two ways to calculate a company's depreciation are:
a) Straight-line depreciation: This method evenly allocates the cost of an asset over its useful life.
formula for straight-line depreciation is:
Depreciation Expense = (Cost of Asset - Residual Value) / Useful Life
The straight-line method is simple and provides a consistent depreciation expense each year. It is commonly used for financial reporting purposes as it provides a straightforward and systematic way to allocate the cost of an asset over its useful life.
b) Accelerated depreciation: This method allows for larger depreciation expenses in the early years of an asset's life and smaller expenses in later years. It recognizes that assets often generate more value in their early years and become less productive over time. Examples of accelerated depreciation methods include the declining balance method and the sum-of-the-years'-digits method.
Accelerated depreciation can provide tax benefits by allowing for larger deductions in the earlier years, resulting in reduced taxable income. It also aligns with the economic reality that assets tend to lose value more rapidly in their initial years.
Opinion: In my opinion, the straight-line depreciation method is used more often, especially for financial reporting purposes. It is simpler to calculate and provides a consistent and even allocation of the asset's cost over its useful life. Additionally, it is widely accepted and easier to understand for stakeholders such as investors, creditors, and regulators.
2. To calculate the CCA (Capital Cost Allowance) and UCC (Undepreciated Capital Cost) until the end of year 10, we need to apply the CCA rate and the half-year rule, which allows for a half-year of CCA in the year of acquisition.
Given data:Asset cost: $12,223,500
Useful life: 10 yearsCCA rate: 20%
Applying the half-year rule, we will assume the asset was acquired at the midpoint of the year.
Year 1 CCA: (Asset cost × CCA rate) / 2 = ($12,223,500 × 20%) / 2 = $1,222,350
UCC at the end of Year 1: Asset cost - Year 1 CCA = $12,223,500 - $1,222,350 = $11,001,150
For subsequent years, the CCA will be calculated based on the UCC from the previous year:
Year 2 CCA: UCC at the end of Year 1 × CCA rate = $11,001,150 × 20% = $2,200,230UCC at the end of Year 2: UCC at the end of Year 1 - Year 2 CCA = $11,001,150 - $2,200,230 = $8,800,920
Repeat this process for each year until the end of Year 10.
The CCA and UCC calculations for each year are as follows:
Year 1: CCA = $1,222,350, UCC = $11,001,150
Year 2: CCA = $2,200,230, UCC = $8,800,920Year 3: CCA = $1,760,184, UCC = $7,040,736
Year 4: CCA = $1,408,147, UCC = $5,632,589Year 5: CCA = $1,126,518, UCC = $4,506,071
Year 6: CCA = $900,144, UCC = $3,605,927Year 7: CCA = $720,116, UCC = $2,885,811
Year
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What is the Importance of sales promotion