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EastWind [94]
3 years ago
10

Charles was the last person on his block to purchase a color television set, and that was in the 1980s. He just couldn't see the

reason to purchase a new color television if his old one was working just fine. He finally purchased one because his old TV stopped working. In terms of adopter categories, Charles would be classified as a(n) _____.
Business
1 answer:
dezoksy [38]3 years ago
3 0

Answer:

Charles is classified in the adopter category called "Latecomers"

Explanation:

Latecomers are traditional consumers. For them, buying a new product brings a feeling of extreme psychological discomfort. They do not like news, even flee from it, and consider it immature to buy an innovative article in the market.

Latecomers represent 16% of consumers, are insecure to adopt new things, do not like to try new things and do not follow fads. Being traditionalists, they always perform the same way and only adopt innovation when there is no other alternative. Like Charles, who only bought the color TV because his old tv stopped working.

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Franklin Aerospace has a quick ratio of 2.00x, $36,225 in cash, $20,125 in accounts receivable, some inventory, total current as
MrRissso [65]

Answer:

8.28 times

Explanation:

The number of times that Franklin Aerospace sell and replaces its inventory shall be determined through following mentioned formula:

Inventory turnover=sales/inventory balance

First we have to calculate the inventory balance which shall be determined as follows:

Quick ratio=current assets-inventory/current liabilities

2= $80,500-inventory/ $28,175

$56,350=$80,500-inventory

Inventory=$80,500-$56,350=$24,150

Now we will the number of times that Franklin Aerospace sell and replaces its inventory:

Inventory turnover=$200,000/$24,150=8.28 times

8 0
3 years ago
You own a house near the beach. Your Home Owners insurance has an annual premium of $1,250. However,since you live only 112 feet
vampirchik [111]

Answer:

1,437.50

Explanation:

6 0
3 years ago
You are told that standing up during the Cowboys football game will give you a better view of the field. However, if everyone st
Mars2501 [29]

Answer:

I think the answer is e. Because you the variable that if everyone stands up you cant see is omitted.

6 0
3 years ago
During reconstruction, a major economic development in the south was the:
Lelechka [254]

During reconstruction, a major economic development in the south was the: spread of sharecropping.

Sharecropping was an agricultural initiative that was developed in Georgia and other parts of Southern American during reconstruction.

The idea behind sharecropping was that laborers who had no land could be given access to the lands owned by others for cultivation.

At the end of the farming season, they could be given a share of the profits realized from their work.

Learn more about sharecropping here:

brainly.com/question/881028

3 0
2 years ago
Which of the following is considered a purchase tax?
Butoxors [25]

I believe the answer is: D. excise tax

.

Purchase tax refers to the tax that must be paid by the buyer whenever they purchase a certain product. One of the example would be an excise tax.

Excise tax is the tax that buyers must paid when we buy a product that create some sort of negative effect to the society or environment. Example of an excise tax would be gasoline tax.

4 0
3 years ago
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