Answer:
(A) cognitive dissonance
Explanation:
The type of cognitive dissonance that appears when a customer seems to regret her or his purchase is commonly known as buyer’s remorse. It can be because customers made an impulsive purchase and thus now is regretting his or her decision, or because the item that she or he purchases are expensive in nature. In addition to the price of the purchased item, other factors that causes buyer’s remorse to arise are high involvement of the purchaser, compatibility of the product purchased, and the purchaser’s goals.
An agreement to exchange dollar bank deposits for euro bank deposits in one month is a <u>forward transaction.</u>
<h3>
What is a forward contract?</h3>
A tailored agreement between two parties to purchase or sell an item at a predetermined price at a later date is known as a forward contract. Although its non-standardized nature makes it particularly suitable for hedging, a forward contract can be utilized for speculating or hedging.
A forward contract can be tailored to a commodity, amount, and delivery date, unlike typical futures contracts. Grain, precious metals, natural gas, oil, and even chicken are examples of traded commodities. Settlement of a forward contract may take place in cash or by delivery.
Forward contracts are categorized as over-the-counter (OTC) instruments because they are not traded on a centralized exchange. While the OTC nature of these products makes it simpler to adjust terms, the absence of a centralized clearinghouse also increases the chance of default.
Thus, it is a forward transaction that is used to exchange dollar bank deposits for euro bank deposits in one month.
For more information on <u>Forward Transaction</u>, refer to the given link:
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Answer:
b. $325,000
Explanation:
The current assets are the assets that are likely to be converted to cash within 12 months. These include cash, inventory, receivables, prepaid expenses etc.
Given;
Inventory = $84,000,
Long-term Debt = $125.000;
Common Stock $60,000;
Accounts Payable $44,000;
Cash $132,000,
Buildings and Equipment $390,000:
Short-term Debt $48.000:
Accounts Receivable $109,000,
Retained Earnings $204,000 Notes Payable $54.000:
Accumulated Depreciation $180.000
Total current asset = $84,000 + $132,000 + $109,000
= $325,000
Answer:
Assertion: When radius of a circular wire carrying current is doubled, its magnetic moment becomes four times.
Reason: Magnetic moment depends on area of the loop.
(a)A
(c) C (d) D
(b) B
Answer:
$12,053.86
Explanation:
The easiest way to calculate this is using an excel spreadsheet and the future value function. Using the FV function =FV(rate,nper,pmt)
- rate = 3%/12 = 0.25%
- nper = 36
- pmt = 175
This function will give us the future value of the annuity =FV(0.25%,36,175) = $6,583.60
Now we must add the future value of the original $5,000:
future value = $5,000 x (1 + 0.0025)³⁶ = $5,470.26
total future value = $6,583.60 + $5,470.26 = $12,053.86
if you do not want to use an excel spreadsheet, you can use the following formula:
F = P x ([1 + r]ⁿ - 1 )/r
F = 175 x [(1 + 0.0025)³⁶ - 1] / 0.0025 = $6,583.60
the answer will be the same
