Answer:
Purchases= $57,530
Explanation:
Giving the following formula:
Production= 91,500*(1 - 0.18)= $75,030
Beginning inventory= $25,000
Desired ending inventory= $7,500
<u>To calculate the budgeted purchases, we need to use the following formula:</u>
<u></u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= 75,030 + 7,500 - 25,000
Purchases= $57,530
Answer:
mutual funds
Explanation:
Mutual funds are made up of a pool of money from different investors and that money is used to buy securities, stocks, bonds, etc. The mutual fund manager decides on what the mutual fund will invest. The mutual fund's portfolio has to be structured to match the investment objectives of the fund. Mutual funds are usually considered safe investments since a large portion of their funds comes from employer sponsored retirement plans.
Answer:
b. stimulus generalization
Explanation:
This reaction from the overall market population is due to stimulus generalization. Since potential customers that have been in the market have already seen the products that Patek Phillippe has already introduced and saw them as high-end luxury products, then the market automatically places any future product that Patek Phillippe releases as in the same category. They do this without doing any research or analyzing the product, instead, they solely categorize new products as luxury due to Patek Phillipe's brand.
