Answer:
The primary role of Exotic Craft's marketing division is to guarantee that the company's products are delivered to content customers.
Explanation:
The marketing division holds a crucial dual responsibility; it must ensure customer satisfaction and simultaneously work towards increasing overall sales and market share. The marketing department acts as the public face of the company and strives to represent it in the most favorable light.
Answer:
The true statements regarding the market are:
1) The cupcakes are priced below their equilibrium level. This is evident as excess demand exists, which wouldn't be the case at the equilibrium price.
3) Customers getting cupcakes are those who value them the most, seen through their willingness to queue before the bakery opens.
4) The bakery does not rely solely on price for distributing cupcakes. Timing plays a role; only those who arrive early get them.
Statements (2) and (4) are incorrect because those conditions only hold true at the equilibrium point.
a. The break-even point equals Fixed Cost divided by Contribution per unit. This results in a break-even point of $1,500,000 divided by $19.95, which equals 75,188 subscribers. b. The new break-even point would be calculated by $1,500,000 divided by $24.95, yielding 60,120 subscribers. c. Currently, the subscriber base consists of 73,000, and after accounting for a loss of 10,000 subscribers, the adjusted total is 63,000. Since 60,120 subscribers are required to break even, the company remains profitable with 2,880 extra subscribers exceeding the break-even number.
Response: $1091.61
Clarification:
Based on the inquiry, fifteen years ago, Mr. Fairhold invested $50,000 in a single-premium annuity contract, and this year, he began to receive a monthly payment of $1,300 that will last throughout his lifetime, with an expected total of $312,000. The taxable amount of each monthly payment for Mr. Fairhold is calculated as follows:
In accordance with the inquiry, Mr. Fairhold will recoup his $50,000 tax-free. The exclusion ratio is formulated by dividing the investment by the anticipated return. This yields:
= $50,000/$312,000
= 0.1603
Given that he receives a monthly payment of $1,300 and the exclusion ratio stands at 0.1603, the tax-free return on investment would then amount to:
= $1,300 × 0.1603
= $208.39
Taxable portion of the annuity payment will therefore be:
= $1300 - $208.39
= $1091.61
