Allison has a horse stall cleaning business that has been growing rapidly since she started it three years ago. She estimates the total number of horse stalls in her market to be 5000, owned by a total potential population of 1500. Currently, there are only two competitors in the market, Allison, who has 650 stalls that she cleans, and Sam's Hayfaring Maneger, that cleans 1,320 stalls. The remainder of the stalls are cleaned by their owners rather than by a service. Allison prices her cleaning services at $12 per stall per month and Sam charges $8 for the same service. Allison's sales are derived from 104 customers while Sam's are from 71 customers, meaning that Sam's customers have more stalls on a per capita basis. What is the market penetration rate based on potential customers

Answers

Answer 1

Answer:

the market penetration rate based on potential customers is 11.66%

Explanation:

The computation of the  market penetration rate based on potential customers is shown below

= Alison + sam

= (104 customers ÷ 1500)  + (71 customers ÷ 1500)

= 6.93 % + 4.73%

= 11.66%

hence, the market penetration rate based on potential customers is 11.66%

We simply added both the Alison and sam so that the market penetration rate could come


Related Questions

what is the median of 0,9,6,4,2​

Answers

Answer:

I think the answer is 3 or 5

Explanation:

hope everyone is healthy

Suppose the skills needed to perform the work in the two industries are identical, and the supply of labor to the two industries is fixed at 6,000 workers per day. What will be the equilibrium wage, and how many workers will work in each industry?

Answers

Answer and Explanation:

The computation of the equilibrium wages and the number of workers in each industry is as follows:

Since the supply of labor is 6,000

As per the attached graph, the common rate is $8 per hour so if we take 2000 workers in industry A and 4000 workers in industry b  

So, the equilibrium wage would be $8

Hence, the same would be considered and relevant too

Select the correct answer.

Why do some critics feel that the IMF should not act to influence exchange rates under some conditions?

A.
They believe that wild swings in currency exchange rates are healthy.
B.
They believe that currencies must find their own market levels.
C.
They fear that the IMF may take over the country’s economy.
D.
They fear that politicians may be using the IMF to cover up their actions.

Answers

Answer:

Explanation:

They believe that currencies must find their own market levels.

Give four items of information you would expect to find on a statement of account

Answers

Answer:

An overall balance. This might be positive (if the customer owes you money), negative (if you own them money), or at 0 (if all payments have been settled).

A date range. You might create an account statement that covers a specific month, year, or quarter – or you might want to show every single transaction between you and your customer. Either way, the dates should be clear.

Every transaction made within the specified date range, including sales (paid upfront or on credit), payments, and refunds. You should list the date and value of each transaction.

Document numbers to support each transaction. This might include the numbers from invoices, credit notes, or payment receipts.

Contact details for you and your customer – including company name, address, phone number, or email address.

A currency. This is particularly important if you have customers abroad. Even if you have transactions in multiple currencies, an account statement should only be in one.

I hope i helped! xoxo

The brenda one is the question thank youuu:)

Answers

Answer:

C. y = 11000(1.086)^7

Explanation:

Given the following data;

Principal = $11,000

Interest rate = 8.6% = 8.6/100 = 0.086

Time = 7 years

To derive a mathematical expression, we would use the compound interest formula;

[tex] A = P(1 + \frac{r}{100})^{t}[/tex]

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

t is the number of years for the compound interest.

Substituting into the formula, we have;

[tex] A = 11000*(1 + \frac{8.6}{100})^{7 [/tex]

[tex] A = 11000*(1 + 0.086)^{7 [/tex]

[tex] A = 11000*(1.086)^{7 [/tex]

[tex] A = 11000*1.78 [/tex]

A = $19,580

why is it so important to check the accreditation of a private higher leaning institution?Explain Three reasons​

Answers

Answer:

Explanation:

Accreditation helps determine if an institution meets or exceeds minimum quality standards. It also helps students determine acceptable institutions for enrollment. Accreditation assists institutions in determining acceptability of transfer credits.

Seadrill Engineering licensed software to oil-drilling firms for 5 years. In addition to providing the software, the company also provides consulting services and support to ensure smooth operation of the software. The total transaction price is $350,000. Based on standalone values, the company estimates the consulting services and support have a value of $100,000 and the software license has a value of $250,000. Assuming the performance obligations are not interdependent, the journal entry to record the transaction includes

Answers

Answer:

A credit to sales revenue for $250,000 and

A credit to unearned service revenue of $100,000

Explanation:

Based on the information given we were told that the support have a value of the amount of $100,000 and the software license has a value of the amount of $250,000 which means that in a situation where the performance obligations are not interdependent, the appropiate journal entry to record the transaction will includes:

A CREDIT to SALES REVENUE $250,000

A CREDIT to UNEARNED SERVICE REVENUE $100,000

___Information pertains to the problem and hand
A) accurate
B) complete
C) relevant
D) timely

Answers

Timely is the answer

what are important of storing​

Answers

Answer:

I'm sorry, but the way you worded this is impossible to understand. SO therefore, I cannot answer your question.

Explanation:

Please help--

Spending that is based on the purchase decisions you make that can vary from month to month is a ___

Answers

Fixed expense? Sorry if I’m wrong, pls don’t hate me lol

You are contemplating adding direct selling activities to your existing bricks-and-mortar retail business to increase sales. You are concerned, however, that the negative aspects of direct selling outweigh the positive. Which of the following is a negative aspect of direct selling that you must mitigate in some way to be successful? a. Customers get personal attention. b. Products are presented at convenient locations for customers. c. Products are presented at convenient times for customers. d. Direct selling is a less expensive form of retailing.

Answers

Answer: It may be more expensive and time-consuming than using an intermediary

Explanation:

Direct sales activities could be described as a firm using individuals to sell their product at the location of the customer's. The sales person would take the product to both prospective and already existing customers and tilt a way to sell the product. One of the things to consider in business is how to cut cost of doing business and still being able to deliver. Using direct sales method would actually work but would be expensive engaging those who would carry out the job whom you will place on salaries.

Gianna and Nadia want to create a cash flow statement. What will this process MOST likely include?

A. They will decide what they will be spending for the next month.

B. They will determine what their total net worth is
.
C. They will record their income and expenses for a month.

D. They will include this statement on their tax return.

Answers

Answer:

c

Explanation:

Answer: They will record their income and expenses for a month.



In 2016, unemployment in Egypt was 12.5% and in Saudi Arabia, it was 5.7%.

A. Explain one way unemployment may have been measured in the two countries.

B. Why may the unemployment rate be higher in one country than another?

C. Explain what should influence the measures that the Egyptian government should take to
reduce unemployment in the country.​

Answers

Answer:

hi sorry but i need more pionts to post my question because im cheating in online exam and i honestly dont know anything pls dont report or delete im not even in high school well i selected high  school by mistake but im in middle school

Explanation:

Which of the following is true of an unsecured loan?

A. They are exclusively for cars, houses, and other large purchases
B. Collateral could be collected by the lender if the debt is not paid
C. They never have any interest added onto them
D. Items of value that the borrowers owns are not at risk of repossession

Answers

Answer:

B

Explanation:

The statement "The value of an item where the borrowers owned but they are not at the repossession risk" is to be true.

The unsecured loan is the type of loan in which there is no need for any type of collateral property.

The lender does not takes the assets of the borrower as the security but it gives the approval of an unsecured loan depends upon the creditworthiness of the borrower.

Examples are:

Personal loans.Students loans.Credit cards.

The following information related to unsecured loans is

It does not for cars, houses, or any other large purchasesIn this, the collateral does not involve.It contains high interest.

Therefore we can conclude that,  option d is correct.

Learn more about the unsecured loan here: brainly.com/question/8347317

Rita notices her credit score has gone down. She most likely ________.
A
maxed out her credit cards

B
keeps her debt below 30% of her credit card limit

C
pays the balance on her credit card every month

D
never misses a credit card payment

Answers

a - Rita maxed out her credit cards
A. Cuz I’m smartnndndndmdm try the other one piece of my hair like it just

A client of yours has heard about private equity investing from some wealthy friends and asks you, the registered representative about it. This customer is age 51 and earns $160,000 per year. He is willing to assume a moderate level of risk in pursuit of higher returns. This customer has a liquid net worth of $450,000 and has a diversified equity and bond portfolio. You should tell the customer that the best way to make a private equity investment is to invest in a(n):
A. Hedge Fund
B. VC Fund
C. REIT
D. BDC

Answers

Answer: BDC

Explanation:

The customer will be informed that the best way to make a private equity investment is to invest in a BDC.

A business development company (BDC) refers to a closed-end fund whereby investments are made in firms that are developing.

Business development companies are publicly traded and gives the investors high dividend yields. BDCs are considered to be good investment due to the fact that they yield high equities.

COLORADO HAS A STATE INCOME TAX OF 4.63% ON ALL INCOME AND A SALES TAX OF 2.9%. ARE THESE TAXES PROPORTIONAL, PROGRESSIVE, OR REGRESSIVE

Answers

Answer:

Progressive because It is a tax in which the tax rate increases as the income increases.

Grant, Inc. acquired 30% of South Co.'s voting stock for $200,000 on January 2, 2015. Grant's 30% interest in South gave Grant the ability to exercise significant influence over South's operating and financial policies. During 2015, South earned $80,000 and paid dividends of $50,000. South reported earnings of $100,000 for the six months ended June 30, 2016, and $200,000 for the year ended December 31, 2016. On July 1, 2016, Grant sold half of its stock in South for $150,000 cash. South paid dividends of $60,000 on October 1, 2016. Before income taxes, what amount should Grant include in its 2015 Income Statement as a result of the investment

Answers

Answer:

$24,000

Explanation:

Calculation to determine Before income taxes, what amount should Grant include in its 2015 Income Statement as a result of the investment

Using this formula

Income Statement=Amount earned during 2015*Interest rate

Let Plug in the formula

Income Statement=$80,000*0.30

Income Statement=$24,000

Therefore Before income taxes, what amount should Grant include in its 2015 Income Statement as a result of the investment is $24,000

Charge cards require the cardholder to pay the full balance each due date.
True
or
False

Answers

I guess it is False.

All of the following are examples of a capital project EXCEPT

a - installing a new computer network system.

b - buying a six-month supply of packaging materials to take advantage of a limited discount.

c - purchasing ships to transport goods overseas.

d - purchasing a supplier company.

Answers

Answer:

c

Explanation:

purchasing ships to transport goods oversees

Answer: buying a six-month supply of packaging materials to take advantage of a limited discount

Explanation: I did the test

Marci has been offered two jobs. One is for an entry-level public relations
specialist in a big city, the other is for an entry-level public relations specialist
in a smaller town. Based on just this information, what factor might help
Marci decide which job offer to accept?

Answers

Answer: The pay offered and if she’ll be able to afford the lifestyle she wants at that location.

Explanation: yes

There are two occupations that Marci could accept. One is for a young public relations professional in a large city, the income provided, and whether she will be able to afford the lifestyle she wants there.

What do you meant by public relations?

Public relations (PR) is the activity of organizing and distributing information to the general public from an individual or an organization (such as a company, a governmental body, or a nonprofit organization) in an effort to change that person's perception. Publicity is different from public relations in that publicity is not under internal control and is generated by third parties.

Public relations can be used by a business or individual to reach out to their audiences with news stories and issues of general interest without asking for money up front.

Much of the publicity comes from the media. This distinguishes it as a type of marketing communications from advertising. Instead of spending money on marketing or advertising, public relations seeks to generate or receive publicity for clients in the form of earned media.

Learn more about public relations, from :

brainly.com/question/27993099

#SPJ2

The City Parks and Recreation Dept. is planting 20 acres of
new park land. The department is renting a grass seed planter
for $17.50 per acre and a tractor for 3 days at $215 per day.
A 7% usage tax is charged. Find the total rental charge.

Answers

Answer:

$727.60

Explanation:

total rental charge = total cost of renting the grass seed planter + cost of renting the tractor + usage tax

total cost of renting the grass seed planter = $17.50 x 20 = $35

cost of renting the tractor = 3 x $215 = $645

total cost of renting = $645 + $35 = $680

Usage tax = 7% x $680

0.07 x $680 = $47.6

total rental charge  = $680 + $47.60 = $727.60

What is cold Storewhat is cold Store

Answers

Answer:

Explanation:

Cold

by which process is the glucose absorbed​

Answers

Glucose and galactose are absorbed across the apical membrane by secondary active transport (along with Na+) through the Sodium-Glucose cotransporter (SGLT1). Both glucose and galactose exit the cell via GLUT2 receptors across the basolateral membrane into the blood.

Glucose is absorbed into the small intestine

The average life expectancy of which type of economy is generally very high?
A.
economies with a high HDI and GDP
B.
economies with a low HDI and GDP
C.
economies with a high GDP
D.
economies with a low GDP
E.
economies with a high PPP only

Answers

Answer:

c

Explanation:

im not 100% sure but i think c is the one

Active listening is a process of communication in which the listener engages the speaker by repeating or rephrasing the speaker’s words; the listener may also mirror body language or _____.

apathetic behavior
tone of voice
nervous tics
hand gestures

Answers

Answer: tone of voice

Explanation:

Active listening refers to a process of communication whereby the speaker is engaged by the listener who repeats the words or statements heard.

Active listening involves the individual listening with all his or her senses and giving the speaker all the attention needed.

In active listening, the listener can mirror the body language or the tone of voice of the speaker. Active listening can be either acquired or developed through constant practice.

Dave works as a traveling pharmacist. He does not work at one pharmacy but fills in all over the country whenever another pharmacist needs a day off. This is an example of a(n)
traditional career
entrepreneurship
remote worker
non-traditional career​

Answers

Answer:

non-traditional career​

Explanation:

The non-traditional career refer to the job where the job could be filled from one gender. According to the Labor US department it means the occupation where the one gender would compromise for lower than 25% of the employed individuals in such occupation

Since in the given situation dave does not work at one pharmacy but want to fill in over the country in the case when the other person needs a day off

So this represent the non-traditional career​

The following are true about US exports and exporters except for which statement?
O The majority of US companies export their products.
O US companies that export their goods or services grow faster.
O Exports, including services, accounted for almost $2 trillion in 2010.
O The export sector helps create and maintain job growth.Best answer to the right answer

Answers

Answer: D

Explanation:

Answer:

A, the majority of US companies export their products.

Explanation:

As it said in the lesson, "Less than one percent of America's 30 million companies export." Therefore, A cannot be true.

As the level of economic integration increases, trade barriers _____. The cost of doing business goes down for producers, and consumers ______ for goods and services.

options for first space: decrease, increase, remain the same
options for second space: pay more, pay less, pay the same

Answers

Answer:

increasepay more

this is because of the rise in products

Answer:

1. decrease

1.increase

You are employed by a bank with the title financial adviser. In your capacity at the bank, you are required to hold a general securities registration in order to provide information on securities and to process orders. Your sponsoring broker-dealer is an affiliated firm owned by the bank holding company that also owns the bank you work for. A client comes to the bank seeking advice on certificates of deposit offered by the bank as well as mutual fund investments. Under the Uniform Securities Act, which of the following choices BEST describes what you are allowed to do when giving advice to the client?

- You are not allowed to advise the client since the bank is not an investment adviser
- You may give the client advice since the broker-dealer and the bank are excluded from the definition of an investment adviser
- You may give the client advice only on the mutual funds since certificates of deposit are governed by banking rules and you are registered with a broker-dealer
- You may not give advice on the certificates of deposit since the bank is not a registered investment adviser

Answers

Answer:

- You may give the client advice since the broker-dealer and the bank are excluded from the definition of an investment adviser

Explanation:

According to the uniform securities act, the following describes that you are permitted to do at the time when you are giving suggestions to the client

As we know that the broker or dealer as the case may be & the bank would not be included in the investment advisor definition

iSo the same would be considered for the given situation

Hence, the second option is correct

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