Chopra, Limited, is an Indian company operating in New York state. It offers stylized, boutique public relations services to upscale retailers in quaint New England towns. A major source of revenue is a weekly newsletter that reports on current and projected tourist travel and spending patterns. Preparation of the newsletter requires study and analysis of weather conditions, economic activity,

and travel costs. It is available at an annual subscription rate of $299.99. There are currently 190 subscribers. Preparation and distribution of the newsletter costs $12,000 annually. Chopra has always been able to manage to keep its newsletter operation above their breakeven point. The value of information to Chopra is

A) $236.83.
B) $44,998.10.
C) less than $63.16.
D) at least $12,000.

Answer: D

Business

You might also like to view...

The IMF's unit of account is the SDR

Indicate whether the statement is true or false

Business

________ is a remedy available to either party when it becomes clear that the other party will commit a fundamental breach

A. Anticipatory avoidance B. Missing specifications C. Special performance D. Avoidance of an installment contract

Business