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stira [4]
3 years ago
13

Jim wilson is trying out for his high school varsity basketball team. jim feels he needs an extra advantage to ensure that he ma

kes the team so he goes to foot locker. once at the store, he chooses the best looking and most expensive shoes the store carries. jim's buying process is influenced most by ____ factors.
Business
1 answer:
Pachacha [2.7K]3 years ago
7 0

Answer:

Psychological factors.

Explanation:

Buying the nicest and most expensive shoes may not actually help Jim be a better basketball player. Jim's choices are not based in rationality but in the psychological belief that nice shoes will give him an advantage.

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Tom Cruise Lines Inc. issued bonds five years ago at $1,000 per bond. These bonds had a 25-year life when issued and the annual
Dmitrij [34]

<u>Solution and Explanation:</u>

Required Return after 5 year =  Real rate of return +   Inflation premium + Risk premium

Required Return after 5 year = 5+2+4

Required Return after 5 year =11%

No of year left to maturity = 25

Annual Interest payment = 15%*1000 = 150

Face value of Bond = 1000

New price of the bond = pv (rate, nper, pmt, fv)

New price of the bond = pv (11%,25,150,1000)

New price of the bond = $ 1336.87

4 0
3 years ago
The manufacturing overhead budget at Cutchin Corporation is based on budgeted direct labor-hours. The direct labor budget indica
Setler [38]

Answer:

$59,080

Explanation:

The calculation of September cash disbursements is shown below:-

September cash disbursement = Company's budgeted fixed manufacturing overhead - Depreciation + Variable manufacturing overhead

= $43,120 - $3,640 + $7.00 × 2,800

= $43,120 - $3,640 + $19,600

= $62,720 - $3,640

= $59,080

Therefore for computing the September cash disbursement we simply applied the above formula.

4 0
3 years ago
What is bank interest​
Fynjy0 [20]

Bank interest is when you leave money in the bank for saving purposes. Then the money stays in the bank and you get money for keeping your money in the bank.

3 0
3 years ago
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The Maryville Construction Company occupies 105,800 square feet for construction of mobile homes. There are two manufacturing de
madam [21]

Answer:

$404,800

Explanation:

Calculation to determine How much rent is allocable to the assembly department using the direct method of allocation

Using this formula

Rent =Area used by Assembly department / Total Area used by Manufacturing Departments x Total Rent paid

Let plug in the formula

Rent =36,850/ (36,850+30,150) x $736,000

Rent=36,850/67,000*$738,000

Rent=0.55*$736,000

Rent= $404,800

Therefore How much rent is allocable to the assembly department using the direct method of allocation is $404,800

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3 years ago
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The appropriate response is an innovator. It is a man which is the first to attempt new thoughts, procedures, products and ventures. Albeit minimum various the individuals from this boldest gathering are urbane, have cash and advanced education, are pulled in to change and new encounters, and utilize different data hotspots for settling on a buying choice. Pioneers are trailed by early adopters, early greater part, late larger part, and loafers, in a specific order.
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