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son4ous [18]
3 years ago
10

Laurie owns a Pluto X20 convertible. She has owned several other Pluto cars over the years. She has even convinced several famil

y members and friends to buy Pluto automobiles. Recently, however, she had a bad service experience at a Pluto dealership. Nevertheless, she decides to purchase a Pluto Y20 for her daughter.
1. In the given scenario, Laurie's engagement with Pluto automobiles best illustrates ___________.
a. brand loyaltyb. brand inertiac. brand equityd. brand extension
Business
1 answer:
VikaD [51]3 years ago
3 0

Answer:

Correct option is A.

Explanation:

Laurie's engagement with Pluto automobiles best illustrates <u>brand loyalty.</u>

Brand loyalty is defined as positive feelings towards a brand and dedication to purchase the same product or service repeatedly now and in the future from the same brand, regardless of a competitor's actions or changes in the environment.

Same is the case with Laurie, even she had a bad experience at the dealership even then she decide to buy a Pluto Y20 for her daughter.

You might be interested in
Quentin's total debt to equity ratio on December 31, 2014, is _______
scoundrel [369]

Answer:

Quentin's total debt to equity ratio on December 31, 2014, is <u>0.62</u>.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached file for the complete question.

The explnation to the answer is therefore given as follows:

The debt-to-equity ratio refers to a financial ratio that is used to measure the relative proportion of debt and Owners' equity that are employed to finance assets of a company.

The debt-to-equity ratio using the following formula:

Debt-to-equity ratio = Total liabilities / Owners' equity ............... (1)

Where;

Total liabilities = Total current liabilities + Non-current liabilities = $72,000 + $34,000 = $106,000

Owners' equity = $170,000

Substituting the value into equation (1), we have:

Debt-to-equity ratio = $106,000 / $170,000 = 0.62

Therefore, Quentin's total debt to equity ratio on December 31, 2014, is <u>0.62</u>.

Download pdf
3 0
3 years ago
Which of the following statements is correct? ACars typically lose the most value in the first year after purchase. BHouses will
VashaNatasha [74]

I believe the answer is: A. Cars typically lose the most value in the first year after purchase

As the miles usage in cars increase, the quality of the machine tend to deteriorate, which would lead to the decrease in the cars' value. On top of that, the new model that given by car companies tend to possess better technology/design. On average, cars tend to lose 15 - 25 % in value during the first year.

7 0
3 years ago
Read 2 more answers
Which of the following costs should be excluded from research and development expense?
DENIUS [597]

Answer:

can you help me with my problem

5 0
2 years ago
Is the manager of South African Airways actively involved in decisions of business?
Viktor [21]

Answer:

he is not

Explanation:

This is being justified by the corruption that is happening in the SAA without his consultation

5 0
1 year ago
FarCry Industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding, 1 million shares o
Crank

Answer:

87.18%

Explanation:

Equity = Common stock + Preferred stock.

We know, WACC = W_{d} * K_{d} + W_{e} * K_{e}

Equity can further be broken into two pieces = Common + Preferred.

In this case, as we do not have any rate of return. We will add all the equity and debt. Then divide the total equity by the total capital structure.

Total capital structure = Common stock + Preferred stock + debt

Total capital structure = 2,000,000 x $26 + 1,000,000 x $14 + 10,000 x 0.97 x $1,000

Total capital structure = $(52,000,000 + 14,000,000 + 9,700,000)

Total capital structure = $75,700,000

Total equity = 2,000,000 x $26 + 1,000,000 x $14 = $66,000,000

the weight would be used for equity in the computation of FarCry’s WACC

= \frac{Total equity}{Total capital structure}

= \frac{66,000,000}{75,700,000}

= 87.18%

5 0
3 years ago
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