Because of the relatively high interest rates, most consumers attempt to pay off their credit card bills promptly. however, this is not always possible. an analysis of the amount of interest paid monthly by a bank's visa cardholders reveals that the amount is normally distributed with a mean of $27 and a standard deviation of $7. a. what proportion of the bank's visa cardholders pay more than $30 in interest? b. what proportion of the bank's visa cardholders pay more than $40 in interest? c. what proportion of the bank's visa cardholders pay less than $15 in interest? d. what interest payment is exceeded by only 20% of the bank's visa cardholders?

Aceramics manufacturer sold cups last year for $7.50 each. variable costs of manufacturing were $2.25 per unit. the company needed to sell 20,000 cups to break even. net income was $5,040. this year, the company expects the price per cup to be $9.00; variable manufacturing costs to increase 33.3%; and fixed costs to increase 10%. how many cups (rounded) does the company need to sell this year to break even?

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.