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postnew [5]
2 years ago
12

After being introduced to a higher-priced washing machine, the customer expresses a desire to purchase a lower-priced item. when

this happens, the customer is said to have
Business
1 answer:
horrorfan [7]2 years ago
3 0

Based on the scenario above, when this happens, the customer is likely to be engaging or to have a traded down. The trading down is being defined as having the quality of the product to be reduced in means of being able for the price to be suited for its consumers.

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Which solutions would be appropriate for everyone in both low financial wellness groups?
Ghella [55]

Answer:

Send information about the benefits of using an employer math for retirement

Explanation:

I got it right.

5 0
2 years ago
Find the interest earned on invested for years at ​% interest compounded as follows. a. Annually b. Semiannually​ (twice a​ year
Katen [24]

Answer:

$3979.79

2  $4023.63

Explanation:

Here is the full question used in answering this question :

Find the interest earned on $15,000 invested for 6 years at 4% interest compounded as follows. a. Annually b. Semiannually (twice a year) c. Quarterly d. Monthly e. Continuously

the formula for determining interest earned is :

future value - present value

The formula for calculating future value:

FV = P (1 + r/m)^mn

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

m = number of compounding

1. 15,000 ( 1 + 0.04)^6 = 18979.79

18979.79 - 15,000 = $3979.79

2 1. 15,000 ( 1 + 0.04/2)^12 = 19023.63 = $4023.63

3 0
2 years ago
Gordon rosel went to his bank to find out how long it will take for $1,200 to amount to $1,650 at 8% simple interest. calculate
Pachacha [2.7K]
The formula is
A=p (1+rt)
A future value 1650
P present value 1200
R interest rate 0.08
T time?
1650=1200 (1+0.08t)
Solve for t
Divide both sides by 1200
1650/1200=1+0.08t
Subtract 1 for both sides
(1650/1200)-1=0.08t
Divide both sides by 0.08
T=((1,650÷1,200)−1)÷0.08
T=4.69 years round your answer to get 5 years

Another way using the formula of simple interest
I=prt
I interest earned which can be found by subtracting the present value from the future value (A-p)=1650-1200=450.
P principle 1200
R interest rate 0.08
T time?
Solve the formula for t
T=I/pr
T=450÷(1200×0.08)
T=4.69 years round your answer to get 5 years

Hope it helps!
3 0
2 years ago
Wildhorse Corp. has total current assets of $12,152,000, current liabilities of $5,849,000, and a quick ratio of 0.94. How much
White raven [17]

Answer:

Wildhorse Corp. has inventory of $6,653,940

Explanation:

The quick ratio is a liquidity ratio that indicates a company's ability to pay its current liabilities when they come due without needing to sell its inventory or get additional financing. The quick ratio is calculated by the following formula:

Quick ratio = (Cash & equivalents + Short Term investments + Accounts receivable)/Current Liabilities

(Cash & equivalents + Short Term investments + Accounts receivable) = Quick ratio x Current Liabilities = 0.94 x $5,849,000 = $5,498,060

Inventory = Total current assets - (Cash & equivalents + Short Term investments + Accounts receivable) = $12,152,000 - $5,498,060 = $6,653,940

4 0
3 years ago
A new machine for harvesting corn will allow rows to be planted only fifteen inches apart, instead of the usual thirty inches. C
Alik [6]

Answer: Option D

Explanation:The optimal spacing for corn seed plant seeds 1.5 to 2 inches deep and 4 to 6 inches apart and rows spacing should be 30 to 36 inches apart. From the above case, the rows spacing is reduced by half which will increase the number of corn plant per acre which would lead to overall more profit from more yield.

Therefore the most appropriate answer to the space given above is option D.

5 0
3 years ago
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