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3 years ago

In the context of consumer learning, which of the following statements is true of direct experience? Select one:

Business

1 answer:

dimulka [17.4K]3 years ago

8 0

Answer: Information acquired is extremely vivid.

Explanation: Consumer learning involves consumers acquiring knowledge about a product consciously or unconsciously which directly affects their view of the product.

Since the knowledge gotten about the product is directly gained by the consumer, it creates a clear and lasting impression on them.

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Ocean Breeze Co. paid $500 cash for expenses related to advertising for the period. Which of the following shows how this event

Simora [160]

Answer:

($500) = NA + NA + ($500)

Explanation:

In this question, the following accounting equation is used

Assets = Liability + common stock + retained earnings

As in the transaction, it is given that $500 cash is paid for advertising expense, so this event would be affecting the accounting equation for asset and the retained earning account i.e

($500) = NA + NA + ($500)

As cash is paid which reduces the asset balance plus the retained earning balance is also get reduced by $500

3 0

3 years ago

Investing $1,500,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 1.7% in thi

laila [671]

Answer:

Payback = 19 month

Explanation:

Firm has invested in TQM's Channel Support systems of $1,500,000, It will increase demand of product by 1.7%.

Last years sales revenue was $163,290,917, a 1.7% increase will mean the sales will be:

= $163,290,917 * (1+0.017)

= $163,290,917 * (1.017)

= $166,066,862.59

Thus increase in sales revenue is:

= $166,066,862.589 - $163,290,917

= $2,775,945.589

Now consider contribution margin. From Total Sales, direct variable costs are deducted to get total contribution. The Overall contribution margin is It is 34.1%.

So extra contribution due to 1.7% increase in sales is = $2,775,945.589 * 34.1%

= $946,597.45

Thus increase in contribution margin will also increase profit to the same extent as there is no addition in fixed cost due to this project. So firm will be able to recover $946,597.45 of initial investment of $1,500,000 in one year.

Pay back is the time required to recover this full initial investment. It ascertained by dividing $1,500,000 amount by the net addition in profit per year.

Payback = $1,500,000 / $946,597.45

Payback = 1.585 per year * 12 month

Payback = 19.02 month

Payback = 19 month approximately

5 0

3 years ago

Assume there is a fixed exchange rate between the Canadian and U.S. dollar. The expected return and standard deviation of return

gregori [183]

Answer:

The expected return on the portfolio is 15.5%.

Explanation:

The expected return on portfolio formula requires multiplying every asset's weight in the portfolio by their respective expected return, then summing up all values together.

$\text{Expected Return}=W_{A}\cdot R_{A}+W_{B}\cdot R_{B}$

Here,

W = weight of the respective asset

R = expected return of the respective asset

It is provided that:

The expected return on the U.S. stock market is 18%.

The expected return on the Canadian stock market is 13%.

The proportion of money invested in both stock markets is 50%.

Compute the expected return on the portfolio as follows:

$\text{Expected Return}=W_{U}\cdot R_{U}+W_{C}\cdot R_{C}$

$=(0.50\times 0.18)+(0.50\times 0.13)\\=0.09+0.065\\=0.155$

Thus, the expected return on the portfolio is 15.5%.

4 0

3 years ago

In a contract, what is consideration? A. The list of people who are legally authorized to negotiate the contract B. An exchange

vovikov84 [41]

Consideration is the concept of legal value in connection with contracts, so option A. The list of people who are legally authorized to negotiate the contract !

4 0

3 years ago

Read 2 more answers

A company engineer has an idea that by implementing an IoE solution the company will save time in getting a product to market. T

frozen [14]

Answer:

Software system modeling is a technique to deal with the complexity inherent in these systems. The use of models helps the software engineer to "visualize" the system to be built. In addition, models of a higher level of abstraction can be used for communication with the customer. Finally, the modeling tools and those of Automated Software Engineering. They can help verify the correctness of the model.

3 0

4 years ago

​In the context of consumer learning, which of the following statements is true of direct experience?​ Select one:

In the context of consumer learning, which of the following statements is true of direct experience? Select one: