Dear tutor need help, please Case Study, Exam: Lululemon faces competition in the sports clothing market The degree to which the Athletic Leisure Clothing market has evolved since the startup days of Lululemon Athletica Inc. can be observed in a busy neighborhood of Toronto. Toronto-based Michi, started six years ago by Michelle Watson and it has become high-end competition for Lululemon. Ardith, opened by Miranda Bryden in January 2015 is spare in presentation and clear-headed in its objective: to offer what Bryden calls "gym to the street" fashion in a boutique setting. It's the lines Bryden carries that must keep Lululemon designers worried. From London's Lucas Hugh laser-cut leggings (the brand is renowned for its high-end technical wearand it gained considerable media coverage for designing the training gear for The Hunger Games: Catching Fire) to the designed-and-manufactured-in-Toronto Michi line, which somehow manages to blend allure, empowerment and athletic prowess. It's worth noting that Michi is one of the lines carried by Bandier, the new retailer that has caught the notice of Forbes magazine for its high-end multi-brand incursion into athletic wear, or maybe street wear. The growing chain is run by a woman, Jennifer Bandier. In a New York Times interview last week, Bandier was described as a fitness-wear seeker who wanted her clothes "to be as stylish as the Frame Denim and Isabel Marant she prefers." Bandier carries Lucas Hugh, with its careful detailing and sometimes-stratospheric prices. The line's Nordica leggings are priced at $420 (U.S). At Ardith, Lucas Hugh pants start at $220 and top out at $320 for its "spark" print pant, made from custom fabric. To complete their strategy, Michi promotes its product line using advertising commercials with several Social Media players. "Our customers are busy women with busy schedules," Lucas Hugh founder Anjhe Mules told the Telegraph last year in addressing the pricing issue. "They are committed exercisers who'd spend that much on a pair of jeans, but actually they wear their gym gear more." Miranda Bryden digs into other aspects of this building upheaval in the market — let's call it the luxury fitness-wear market. Fabric sourcing. Milling. Place of manufacture. "It's another consideration for people carefully considering their environment when buying," Bryden says.. What does all this mean for Lululemon? Not all that long ago, Lululemon with their Yoga pants was deemed the strongest supplier of yoga wear using premium prices, selling through their own retail stores and advertising in sports magazine and Television commercials. In the past decade, that market has become increasingly fractured, with Lululemon finding itself somewhere in the middle, having lost something of its high-end image in the market. Among the competitors of Lululemon,Yogasmoga who last week declared that his company, with its absolute superior product line was going to be "better than Lululemon, just more authentic." Then there's Prana, Lol, Zobha. And Under Armour. Faced with this strong competition Lululemon is planning to introduce a new line of sports jackets in order to keep growing. Question # 1 Describe the complete Marketing Strategy ( 4p's and Target market) that Lululemon had been using. Use specific information from the case in order to answer this question Question # 2 Has Lululemon lost its positioning in the market? DISCUSS, supporting your answer by using specific information from the case. Question # 3 Explain which Strategic Alternative for growth will Lululemon use in order to keep growing in general as a company? (Support your answer with information in the case) Question # 4 Which kind of Competitive Advantage does Yogasmoga seem to have? ( support your answer from specific information contained in the case.

Answers

Answer 1

Question #1:

Lululemon utilizes the 4Ps (Product, Price, Place, Promotion) in their marketing strategy, focusing on premium yoga wear, setting premium prices, distributing through their retail stores, and advertising to their target market.

Question #2:

Lululemon has faced increased competition and market fragmentation, impacting its once-strong positioning in the premium yoga wear market.

Question #3:

To sustain growth, Lululemon plans to introduce a new line of sports jackets, diversifying their product portfolio and catering to evolving customer needs.

Question #4:

Yogasmoga claims a competitive advantage over Lululemon, positioning themselves as more authentic and offering superior products.

Question #1:

Lululemon has been using a comprehensive marketing strategy that incorporates the 4Ps (Product, Price, Place, and Promotion) and targets a specific market segment. In terms of product, Lululemon focuses on premium yoga wear, positioning itself as a supplier of high-quality athletic apparel. Their clothing is designed for yoga enthusiasts, emphasizing functionality, comfort, and style. Lululemon's pricing strategy involves setting premium prices for their products, reflecting their brand image and the perceived value of their offerings. They distribute their products through their own retail stores, creating a direct channel to reach their target customers. Lululemon also invests in advertising through sports magazines and television commercials to raise brand awareness and promote their products to their target market.

Question #2:

Lululemon has experienced some loss in its positioning within the market. While it was once regarded as the strongest supplier of premium yoga wear, the market has become more fragmented over the years. The case highlights the emergence of high-end competitors such as Michi, Ardith, Yogasmoga, Prana, Lol, Zobha, and Under Armour. These competitors are offering unique features, designs, and marketing approaches that have challenged Lululemon's position. Additionally, Lululemon's high-end image has somewhat diminished, making it fall into the middle ground in the market. The increased competition and evolving market landscape have impacted Lululemon's positioning.

Question #3:

To sustain growth, Lululemon plans to adopt a strategic alternative focused on introducing a new line of sports jackets. By expanding their product offerings, Lululemon aims to attract new customers and retain existing ones. This strategic move allows them to diversify their product portfolio and cater to the evolving needs and preferences of their target market. Introducing sports jackets aligns with Lululemon's core focus on athletic apparel and provides an opportunity for expansion and market growth.

Question #4:

Yogasmoga seems to possess a competitive advantage based on its claim of having a superior product line and being more authentic than Lululemon. The case mentions that Yogasmoga declared their intention to be "better than Lululemon, just more authentic." By positioning themselves as a brand that offers a higher level of authenticity and superior products, Yogasmoga aims to differentiate itself from Lululemon and attract customers who value these attributes. This competitive advantage is based on the perceived quality and authenticity of Yogasmoga's offerings, which they believe surpass Lululemon's.

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Related Questions

What is the purpose of the Subtotal feature?

Answers

Use the SUBTOTAL function to exclude filtered or hidden rows when calculating a total. You can choose any one of the 11 functions that SUBTOTAL can calculate, such as Sum, Average, Count or Max. Hope this helps!!

6. Identify a change in technology during each of the time periods in history below that you believe improved the
way marketing activities were completed. List the example and explain how it contributed to marketing during
that time.
(a) 1900s to 1930s
(b) 1930s to 1950s
(c) 1950s to 1980s
(d) 1980s to today
Answer:

Answers

Answer:

Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.

Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.

The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.

11. Write the slope-intercept equation of a line through point (2, 5). The new line is to be parallel

to the line 9x - 3y = -6. ​

Answers

The slope-intercept equation of the new line through point (2, 5) is y = 3x - 1.

To find the equation of a line parallel to 9x - 3y = -6, we need to first rearrange the equation into slope-intercept form:

9x - 3y = -6

-3y = -9x - 6

y = 3x + 2

So the slope of this line is 3.

Since the new line is parallel, it will have the same slope.

Using the point-slope form of the equation of a line:

y - y1 = m(x - x1)

where (x1, y1) is the given point, (2, 5), and m is the slope, 3:

y - 5 = 3(x - 2)

y - 5 = 3x - 6

y = 3x - 1

Therefore, the slope-intercept equation is y = 3x - 1.

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Which of the following is an advantage of diversity in the workforce?
OA. Discrimination is increased.
B. Communication is easy.
OC. Teams are more productive.
D. Wages are always fair.

Answers

One advantage of diversity in the workforce is C. Teams are more productive.

What good thing does diversity at work bring?

As a result of diversity in the workplace, there will be a flow of different ideas from various perspectives on how to handle things.

This would lead to more productivity as the best formulas from different cultures are applied to production to make it better.

In conclusion, an advantage of diversity in the workforce is teams are more productive.

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a monopoly is producing where average total cost equals $30, marginal revenue is $40, and the price is $50. if atc is at its minimum level and the atc curve is u-shaped, in order to maximize profits this firm should:

Answers

When the average total cost is $30, the marginal revenue is $40, and the price is $50, a monopoly is in operation. In order to maximise revenues, this company should: If atc is at its minimum level and the atc curve is u-shaped reduced output.

A monopoly's demand curve often intersects the average cost at its lowest point and is on the right side of the marginal revenue curve. Similar to this, when the average cost curve is at its smallest, the marginal cost curve crosses the average cost curve. Reduced Output Period is a period during the Term when the Facility's generation ,The average cost should be more than the marginal revenue at the point where profits are maximized. Since the marginal revenue in the provided example exceeds the minimum average cost, output should be decreased in order to maximise profit. Since the price is higher, the monopoly will still make super normal profits.

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Match the requirements for application to the type of school.

1. requires high school transcripts or GED application
graduate school
2. requires high school transcripts as well as the SAT or ACT, which demonstrate the ability to succeed
career or technical program
3. requires college transcripts that demonstrate a bachelor’s degree was earned; may require the GRE or another specific exam that demonstrates the ability to succeed in a specific program
Things to match to: graduate school, career or technical program, and university

Answers

Answer:

1. graduate school

2. career or technical program

3. university

Explanation:

I'm assuming after thoroughly reading your long descriptions.

The Magnuson-Moss ______ Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.

Answers

Answer: Warrantly

directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.

Products are invented and revised by which department? Marketing Production Research and Development Finance

Answers

Answer:

Research and Development

Explanation:

Research and Development department is responsible for the new product development and any kind of modifications in the products. This department is responsible for investigation done by the organisation to improve the existing products and developing of new related products. Nowadays companies are more amounts for Research and Development, then only the organisation can survive in the market. The department aims to make new ideas, information and technology that improves the products effectiveness.

Describe three reasons as to why GM builds cars in China. Should GM do what the USA President wants and move production of cars sold in China from China to the USA? Explain.

Answers

Answer:

Three reason why GM build cars in China:

China has lower labor costs. This is the main reason, a Chinese worker earns a lot less than an American worker, and this results in a substantial cost reduction for GM.

China has important economies of scale. The United States also has important economies of scale, but China may have the edge in some economic sectors.

Finally, the third reason is that China has very good infrastructure like trains, roads, and ports, and this facilitates the logistics for GM.

If the president wants GM to move production back in the US, GM could demand better infrastructure (labor costs cannot be lowered, and the economies of scale are already there), and perhaps other complementary incentives like corporate tax reductions, or even subsidies.

What are the general requirements and major impacts of the gdpr?

Answers

The general requirements and major impacts of GDPR are  Requiring the consent of subjects for data processing, Anonymizing collected data to protect privacy, and also Providing data breach notifications.

In the term of economic, The General Data Protection Regulation also known as GDPR. GDPR generally can be defined as a Regulation in EU law on data protection and privacy in the EU and the European Economic Area. The GDPR has a function to establishes the general obligations of data controllers and of those processing personal data on their behalf (processors). There are several important aspects of GDPR, such as Data minimisation, Accuracy, Storage limitation, and also Integrity and confidentiality.

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PLEASE HELP QUICKLY
Question 2 (2 points)
An individual who would like to become an entrepreneurial database administrator would most likely start a business by
(A) freelance writing for differenT companies
(B) creating a startup computer repair business
(C) offering database development and design services
(D) begin painting abstract art​

Answers

Answer:

C. offering database development and design services

a.
The amount of money in a savings account is an example of which of the following?
investment asset
b. liquid asset
C. long term asset
d. use asset
Please select the best answer from the choices provided
A
B
O O OO
С

Answers

Answer:

I do not understand the question. is "a" the question? if not then what is.

I think it’s C because when you’re saving us for something in the future

Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences​

Answers

The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.

A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.

Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.

The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.

The question was incomplete, Find the full content below:

Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?

A. high school diploma

B. associate degree in performing arts

C. bachelor's degree in art history

D. doctorate in computer sciences​

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Computers, cell phones, and other kinds of technology have allowed people to
communicate how?
Not at all
Slowly
Instantly
Mentally

Answers

Answer:

C

Instantly! People can instantly communicate with each other using tech.

1 point
Which of the statements below is TRUE about filing your taxes? (Assume
that your only income comes from the salary you earn at Big Tech
Company.) *
You need to file your tax return by the end of the calendar year (typically December
31st)
If your employer takes out federal income taxes through payroll withholdings, you do
not need to file a tax return
You must file your tax return by April 15th of the following year or request an
extension by that date
You do not need to pay any income taxes until April 15th, so you should ask your
company to wait until after that date to withhold any money

Answers

Answer:

The true statements are;

You must file your tax return by April 15th of the following year or request an extension by that date

Explanation:

The due date at which tax returns are filed timely is on the 15th of April of the following year otherwise the Form 4868 should be filed on or before the 15th of April to obtain Automatic Extension of Time so as to be permitted to File U.S. Individual Income Tax Return while still having those filed tax return still being considered timely.

You must file your tax return by April 15th of the following year or request an extension by that date.

A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures. A failure to pay in a timely manner, along with evasion of or resistance to taxation, is punishable by law.The statement that is true about filling the taxes is "You must file your tax return by April \(15th\) of the following year or request an extension by that date.''

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based on the w-2 provided, lily paid indiana a state income tax rate of ____.

Answers

Based on the W-2 provided, it appears that Lily paid Indiana a state income tax rate of 3.23%.


The W-2 is a tax form that employers are required to provide to their employees at the end of the year. It shows how much money was earned and how much taxes were withheld, including federal and state taxes. The state income tax rate varies by state, and it is important to make sure that the correct rate is used when calculating taxes.

In Lily's case, the W-2 clearly indicates that she paid a state income tax rate of 3.23% to Indiana. This information is important for Lily to know when filing her taxes, as it will impact how much she owes or is refunded by the state.

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can i doit without pay

Answers

Answer:

what?

Explanation:

walt made an extra $10,000 last year from a part-time job. he invested part of the money at 8% and the rest at 7%. he made a total of $760 in interest. how much was invested at each rate?

Answers

The amount invested at each rate is Walt invested $6,000 at 8% and $4,000 at 7% to make a total interest of $760.

The amount of money invested at each interest rate can be determined using algebra. Let x be the amount invested at 8% and y be the amount invested at 7%.

Then we can write two equations based on the given information:

x + y = 10,000 (since the total amount invested is $10,000) 0.08x + 0.07y = 760 (since the total interest earned is $760)To solve for x and y, we can use the method of substitution. We can rearrange the first equation to get y = 10,000 - x, and then substitute this expression for y in the second equation:

0.08x + 0.07(10,000 - x) = 760

Simplifying this equation:

0.08x + 700 - 0.07x = 760

0.01x = 60

x== 6,000

Now that we know x, we can use the first equation to find y:

y = 10,000 - x

y= 10,000 - 6,000

y = 4,000

Therefore, Walt invested $6,000 at 8% and $4,000 at 7%.

To check if this answer is correct, we can verify that the interest earned is indeed $760.0.08(6,000) + 0.07(4,000)

= 480 + 280

= 760

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When management fails to set priorities for work, employees tend to _______. a. Decide which tasks to do by flipping coins b. Schedule tasks over a reasonable period of time c. Assume each task is of equal importance d. Work on one task to completion before moving on Please select the best answer from the choices provided A B C D

Answers

Answer: C. ASSUME EACH TASK IS OF EQUAL IMPORTANCE

Explanation:

its right

Answer:

C. assume each task is of equal importance

Explanation:

Edge 2021

During the two years he has been working, Jeffrey has saved some money to buy a house. His parents have agreed to loan him part of the down payment, and he has started to look for a house he can afford. He discovered a great house that has two apartments in it. He has looked at all the information carefully, done his budget, and thinks he can afford the house because he will live in only part of it and will rent out the other half. If Jeffrey buys this house, lives in the apartment upstairs and rents out the apartment downstairs, which of the following is true?

Answers

Answer:

you have to give "the following"

In general Accounts are split into Personal Accounts and ImpersonalAccounts
True
False

Answers

Answer:

True.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).

Thus, it is a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.

An account can be defined as a formal and individual record of the financial transactions of a person, business firm, goods, assets, liability, etc.

All the transactions with respect to a particular item such as income, expenses, assets, liability, etc., are recorded in its account.

In general, accounts are split or divided into two main categories and these includes;

I. Personal Accounts

II. Impersonal Accounts.

Please select the steps involved in GOMS. (Multiple answers possible) Measures. Selections. Operators. Goals. Methods. Options. What are some of the advantages of a Heuristic Evaluation? (Multiple answers possible) Combines well with other evaluations methods. Can be cheap. Simple to perform. Generates quantitative insights. Requires in-person user testing. Can be done by anyone. Why is it important to keep your audience in mind when you communicate research results? (Multiple answers possible) You need to make sure to tell everybody what they want to hear. It doesn't matter how great of an insight you have if no one understands it. Knowing what main takeaways and insights to communicate to the individual audience can increase stakeholder buy-in. It doesn't matter.

Answers

GOMS steps: Goals, Operators, Methods, Selections.

Advantages of Heuristic Evaluation: Can be cheap, Simple to perform, Combines well with other evaluation methods. Importance of audience in communicating research results: Knowing what main takeaways and insights to communicate to the individual audience can increase stakeholder buy-in.

GOMS (Goals, Operators, Methods, Selections) is a cognitive modeling technique used to analyze human-computer interaction. It involves breaking down tasks into these components to estimate task completion time and identify potential usability issues. Heuristic Evaluation is a usability inspection method where evaluators assess a system's user interface against a set of usability principles or heuristics. Advantages of heuristic evaluation include its cost-effectiveness, simplicity in execution, and compatibility with other evaluation methods, allowing for comprehensive usability assessments.

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The adjusted trial balance of Sheffield Corp. At December 31, 2020, includes the following accounts: Common Stock $17,900, Dividends $7,900, Service Revenue $37,700, Salaries and Wages Expense $16,300, Insurance Expense $2,000, Rent Expense $3,700, Supplies Expense $1,800, and Depreciation Expense $1,500.


Prepare an income statement for the year

Answers

Financial statements include the income statement. Additionally, it displays the company's financial performance for the time period by displaying the total revenue and subtracting the total expenses to get at the net income.

                                                                                  Amounts

Service Revenue                                                      $37,700

Less: Salaries and Wages Expense                        $16,300

Insurance Expense                                                   $2,000

Rent Expense                                                            $3,700

Supplies Expense                                                     $1,800

Depreciation Expense                                              $1,500

Operating Income                                                     $16,300

Only the revenue and expenses for the period are shown in the income statement. One of a company's financial accounts, an income statement, commonly referred to as a profit and loss account, lists the revenues and expenses for a specific time period. It describes the process through which revenues are converted into net income or net profit.

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Q1 Selling price per unit $35
VC per unit $11
Fixed Cost $ 43,000
Sales volume or units sold or sales in unit 19,000
1) Please calculate the Total Sales, Total VC,
Total CM and Net Income
2) if r

Answers

The break-even sales volume is approximately 1,792 units..

1) calculation of total sales, total vc, total cm, and net income:

total sales = selling price per unit x sales volume or units sold

total sales = $35 x 19,000

total sales = $665,000

total vc (variable cost) = vc per unit x sales volume or units sold

total vc = $11 x 19,000

total vc = $209,000

total cm (contribution margin) = total sales - total vc

total cm = $665,000 - $209,000

total cm = $456,000

net income = total cm - fixed costs

net income = $456,000 - $43,000

net income = $413,000

2) calculation of the break-even sales volume

break-even sales volume = fixed costs / contribution margin per unit

break-even sales volume = $43,000 / ($35 - $11)

break-even sales volume = $43,000 / $24

break-even sales volume = 1,791.67 units

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an asset market is said to experience a speculative bubble when

Answers

An asset market is said to experience a speculative bubble when the prices of assets in that market rise rapidly and are driven by expectations of further price increases, rather than underlying economic fundamentals.

This can create a self-fulfilling cycle, where investors buy into the market with the hope of selling at a profit, which drives prices up even further. However, at some point, the market may reach a point of saturation, where there are no more buyers willing to pay inflated prices, causing a sudden and significant drop in prices and potentially leading to a market crash. Speculative bubbles can occur in various asset markets, such as stocks, real estate, and cryptocurrencies.
An asset market is said to experience a speculative bubble when the prices of assets, such as stocks, real estate, or commodities, rise rapidly and significantly above their fundamental value due to high demand and speculative trading.

In a speculative bubble, investors buy assets with the expectation that they can sell them at a higher price in the future, which in turn drives up the prices further. This cycle of increasing demand and rising prices continues until the bubble bursts, causing a sharp decline in asset prices and potentially leading to financial losses for investors.

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pportunity and related factors Develop a research instrument that can be used to assess customers' buyir behaviour for any product of your choice.​

Answers

How to assess the behavior of consumers Facial expressions can be used to gauge eating habits and consumer preferences. shopping behavior analysis. investigating customer behavior in a natural setting. study of neuromarketing.

Many things about a person's thoughts can be deduced from their facial expressions. Humans are capable of expressing their feelings both verbally and physically. Our body language can occasionally be a dead giveaway to the true emotions we are experiencing. Unconsciously, our eyes, lips that tremble a little, nose that wrinkles, etc., all convey our hidden feelings.

By observing one's facial expressions, one can determine their emotional condition. Even as children, a teacher's severe gaze was all it took to get us to straighten up and obey. Our face is a reflection of our innermost emotions. A small percentage of people have extremely expressive faces that reveal their entire emotional state.

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The Classic Car Co. Has a before-tax cost of debt capital of 9%, a cost of preferred stock of 10%, a cost of equity capital of 14%, and a marginal tax rate of 40%. The market values of its debt, preferred stock and common stock are $40 million, $20 million, and $60 million respectively. Therefore, for evaluating average risk projects, the manager should use a discount rate of _____. (Do not round intermediate calculations. Round final answer to two decimal places. )

Answers

The manager should use a discount rate of 12.56% for evaluating average risk projects.

To calculate the discount rate for evaluating average risk projects, we need to find the weighted average cost of capital (WACC). The WACC is a combination of the costs of debt, preferred stock, and equity capital, each weighted by its respective proportion in the company's capital structure. Here's a step-by-step explanation:

1. Calculate the after-tax cost of debt: Before-tax cost of debt (9%) * (1 - marginal tax rate (40%)) = 9% * (1 - 0.4) = 5.4%.

2. Calculate the proportion of each component in the capital structure:
- Debt: $40 million / ($40 million + $20 million + $60 million) = 0.4
- Preferred stock: $20 million / ($40 million + $20 million + $60 million) = 0.2
- Common stock: $60 million / ($40 million + $20 million + $60 million) = 0.6

3. Multiply the cost of each component by its proportion:
- Debt: 5.4% * 0.4 = 2.16%
- Preferred stock: 10% * 0.2 = 2%
- Equity capital: 14% * 0.6 = 8.4%

4. Add the weighted costs together to get the WACC:
WACC = 2.16% + 2% + 8.4% = 12.56%

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ECONOMICS CHAPTER 2 SECTION 3

explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market

ECONOMICS CHAPTER 2 SECTION 3

Answers

Private property rights  and market is  in which people buy and sell resources or goods and services.

Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.

Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.

Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.

Factor market and product market-  The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.

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Charles Adams deposited $1,000 in a savings account that earns 4%
interest compounded monthly. He made no other deposits or
withdrawals. What was the amount in the account at the end of 2
months? How much is the compound interest?
$1,006.67 and $6.67
$1,013.67 and $13.67
О. $1,020.10 and $20.10
$1,040.40 and $40.40

Answers

Answer:

$1,013.67 and $13.67

Explanation:

The formula for calculating compound interest is as follows

FV = PV × (1+r)^n

Where Fv is the future value

Pv is the present value, $1000

r is the interest rate 4%

n is number of periods= 2 months

Since time is in months, applicable interest rates will be 4% per year divided by 12 months multiplied by 2

=4/12 x 2 =0.67%

Fv = $1000 x (1 + 0.67/100)^2

Fv = $1000 x (1.0067)^2

Fv = $1000 x 1.01344489

Fv= $1,013.44

The amount will be $1,013.44.

Interest will be $1,013.44 - $1000 = $13.44

HELP PLEASE!!!!


In general, reducing the monthly payment (P) of a credit card but keeping the interest rate (i) and present value (PV) the same will __________.


a. decrease the number of periods (n) needed to pay off the debt

b. increase the number of periods (n) needed to pay off the debt

c. eliminate the number of periods (n) needed to pay off the debt

d. have no effect on the number of periods (n) needed to pay off the debt


The answer is B. Just took the test

HELP PLEASE!!!! In general, reducing the monthly payment (P) of a credit card but keeping the interest

Answers

Answer:

B. ¯\_(ツ)_/¯ᵐᵃʸᵇᵉ cause yeah

Reducing the monthly payment (P) of a credit card but keeping the interest rate (i) and present value (PV) the same will increase the number of periods (n) needed to pay off the debt.

What is an Interest rate?

Interest is paid by a borrower and this is the amount of money that is added to the money borrowed.

Interest is usually recovered with the money borrowed in bits and the rate or amount is determined by the lender.

There is a given period to pay a loan depending on the amount borrowed the more you pay the lesser the time of repayment.

Therefore, reducing the monthly payment (P) of a credit card but keeping the interest rate (i) and present value (PV) the same will increase the number of periods (n) needed to pay off the debt.

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