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1 year ago

When consumers are evaluating alternatives, they will clarify the information they have gathered in what three ways?.

Business

1 answer:

Nonamiya [84]1 year ago

4 0

The three ways in which consumers clarify information when evaluating alternatives are:

by coming up with brand names that might meet their criteria.
by suggesting criteria to use for the purchase.
by developing consumer value perceptions.

<h3>What is Consumer Alternative?</h3>

This refers to the different choices which a consumer has because of the access he has to wide range of similar products.

With this in mind, we can see that when consumers are making evaluations and want to clarify information about the alternatives they can take, they come up with brand names, suggest criteria and then then develop consumer value perceptions.

Read more about consumer alternatives here:

brainly.com/question/25815053

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What stock exchange does Netflix trade on?

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Answer:

Netflix trades on NASDAQ.

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3 years ago

Accountants record, classify, and __________ the results of the financial information they gather.

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1 year ago

Brodkey Shoes has a beta of 1.30, the T-bill rate is 3.00%, and the T-bond rate is 6.5%. The annual return on the stock market d

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Answer:

e. 14.95%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 6.5% + 1.30 × (13% - 6.5%)

= 6.5% + 1.30 × 6.5%

= 6.5% + 8.45%

= 14.95%

All other information which is given is not relevant. Hence, ignored it

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3 years ago

The accounts receivable balance on January 1 of the current year was $82,000, of which $63,000 represents uncollected December s

hoa [83]

Answer:

Option (b) is correct.

Explanation:

Cash sales in January = $40,000

Credit sales = $140,000

Account receivable balance of December (in Jan 1 balance) should be:

= 45% of December credit sales and,

only 40% of December credit sales will be collected in January.

The amount collected in January will be:

= $63,000 × (40%/45%)

= $56,000

Total cash collected during January:

= Cash sales in January + 55% of credit sales in January + Amount collected from November sales + Amount collected from December sales

= $40,000 + (55% × $140,000) + $19,000 + $56,000

= $192,000

Note: Missing part of this question is attached with the answer.

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3 years ago

Kensington Corp. reports net income of $280,000 for the year ended December 31, 2020. The company recorded an unrealized loss on

yan [13]

Answer:

Kensington Corp.

Accumulated other Retained Earnings

comprehensive income

December 31, 2020 $33,000 (DR) $340,000 (CR)

Explanation:

a) Data and Calculations:

Tax rate = 25%

Accumulated other Retained Earnings

comprehensive income

December 31, 2019 $18,000 (DR) $100,000 (CR)

Net income for 2020 280,000

Unrealized loss for 2020 15,000

Dividends for 2020 (40,000)

December 31, 2020 $33,000 (DR) $340,000 (CR)

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3 years ago