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3 years ago

Socioeconomic market segmentation is another name for _____ segmentation.

1 answer:

7 0

I think the correct answer would be demographic segmentation. It is a type of market segmentation where the consumers are classified according to race, religion, family, gender and/or income. It is a way to help an organization target specific consumers.

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On the basis of the following data taken from the Adjusted Trial Balance columns of the work sheet for the year ended March 31 f

max2010maxim [7]

Answer:

Banes Domino's Company

Closing Entries

Date Acct.No Account Debit Credit

9 Income Summary 329,000.00

11 Salary Expense 244,500.00

12 Rent Expense 48,000.00

13 Depreciation Expense 25,000.00

14 Supplies Expense 9,500.00

15 Miscellaneous Expense 2,000.00

Expenses are closed to Income Summary Account.

10 Fees Earned 510,000.00

9 Income Summary 510,000.00

Revenue Accounts are closed to Income Summary Account.

9 Income Summary 181,000.00

Jack Banes, Capital 181,000.00

To close Income Summary Account

Jack Banes, Capital 47,000.00

Jack Banes, Drawing 47,000.00

To Close withdrawals account.

5 0

3 years ago

Mary O. Andrettey wants to purchase an expensive sports car. She needs to borrow money to purchase the car, and has loan proposa

irina [24]

Answer: Proposal C

Explanation:

The way to solve this is to calculate the Present Values of all these payments. The smallest present value is the best.

Proposal A.

Periodic payment of $2,000 makes this an annuity.

Present value of Annuity = Annuity * ( 1 - ( 1 + r ) ^ -n)/r

= 2,000 * (1 - (1 + 0.5%)⁻⁶⁰) / 0.5%

= $103,451.12

Proposal B

Present value = Down payment + present value of annuity

= 10,000 + [2,200 * ( 1 - ( 1 + 0.5%)⁻⁴⁸) / 0.5%]

= 10,000 + 93,676.70

= $103,676.70

Proposal C

Present value = Present value of annuity + Present value of future payment

= [500 * (1 - (1 + 0.5%)⁻³⁶) / 0.5%] + [116,000 / (1 + 0.5%)⁶⁰]

= 16,435.51 + 85,999.17

= $‭102,434.68‬

<em>Proposal C has the lowest present value and so is best. </em>

6 0

3 years ago

Dudley Savings Bank wishes to take a position in Treasury bond futures contracts, which currently have a quote of 110 − 100. Dud

Aneli [31]

Answer:

a. Long

b. $375.00

Explanation:

a. If interest rates decrease over the period of investment, Treasury bond prices will increase. Thus, Dudley Savings Bank should take a long position in the futures contracts on the Treasury bonds. As T-bond prices go up, so will T-bond futures prices.

b. Given a long position:

Net profit = Sale price of futures − Purchase price of futures

= $107,687.50 − $107,312.50 = $375.00

Purchase price of futures = 107 − 100 = 107 10/32% × $100,000 = $107,312.50

Sale price of futures = 107 − 220 = 107 22/32% × $100,000 = $107,687.50

Explanation:

3 0

3 years ago

What is the incremental manufacturing cost incurred if the company increases production from 20,000 to 20,001 units? 2. What is

sergiy2304 [10]

Answer:Answer:

ik it is it is

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4 0

2 years ago

A taxpayer, age 64, purchases an annuity from an insurance company for $62,000. She is to receive $517 per month for life. Her l

Ber [7]

Answer:

$3,220.90

Explanation:

Expected Return = $517 * 12 months * 20.8 years

Expected Return = $129,043.20

Exclusion Percentage = $62,000/ $129,043.20

Exclusion Percentage = 0.4804593

Exclusion Percentage = 48.05%

Exclusion amount = $6,200 * 48.05%

Exclusion amount = $2,979.1

Amount included in Income = $6,200 - $2,979.1

Amount included in Income = $3,220.90

5 0

3 years ago