Answer:
option (a) $98,878
Explanation:
Given:
Annuity = $13,000
Time = 15 years
Rate = 10%
now,
Present value = Annuity × ( Annuity factor for 15 year and rate 10% )
from the table the annuity factor can be found out by using the table provided in the question
pointing to the value common in the row of 15 and column of 10% i.e (7.606)
thus,
or
Present value = $13,000 × ( 7.606 )
or
Present value = $98,878
hence the correct answer is option (a) $98,878
Answer:
Net operating income= $20,500
Explanation:
Giving the following information:
Sales (6,300 units) $ 403,200
Variable expenses 277,200
Fixed expenses 103,500
First, we need to calculate the unitary selling price and variable cost per unit.
Selling price= 403,200/6,300= 64
Unitary variable cost= 277,200/6,300= 44
For 6,200 units:
Sales= 6,200*64= 396,800
Varaible cost= 6,200*44= (272,800)
Contribution margin= 124,000
Fixed costs= (103,500)
Net operating income= $20,500
Answer:
A. True
Explanation:
Account Title Debit Credit
Cash 6500
Investment in CDW Corp. 6500
The combustion happens when the gas hits the spark plugs in the the chamber where the heads are.
Answer: Reference group is very important in purchasing the items listed above, this is because in our society today, everyone wants to use the best product, and products that are recognized for its customer's satisfaction.
Reference group is important because they influence the decision of consumers when trying to purchase a particular product, reference group can be friends, experts, family or neighbors who an individual can approach to seek for more information about a particular product, especially when purchasing a product we have never used before, this is like seeking for consumer reviews.
We believe that a product with more customer review is safe to purchase, for example while getting a new car or iPod we might want to ask for its longevity, how expensive the spare parts are if spoilt and so on, we often based our decision on what most people think about it.
2. Yes their influence will affect the brand or model purchased, this is because while seeking the help of a reference group they tend to recommend some best brand in the market on which the consumer make the final decision on.
3. Their influence on the items listed above can be informational this is because when a reference group influences a consumer behavior or decision based on giving fact or information on the social, financial and performance risk of a particular product, especially in a situation where the consumer has little or no knowledge about the item to be purchased for example like the car, iPod and others, this kind of influence is informational.