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Free_Kalibri [48]
3 years ago
7

TUMI brand briefcases are very expensive, high-end briefcases that are generally sold in specialty luggage shops. Which of the f

ollowing is the most promising target market for TUMI briefcases?a. police officers.
b. executives.
c. construction workers.
d. postal workers.
e. students.
Business
1 answer:
myrzilka [38]3 years ago
7 0

Answer:

B. Executives

Explanation:

Option E is wrong. Students do not need high-end briefcases for school or other tasks.

Option D is incorrect. Postal workers do not need any expensive briefcases to carry postal service and letters.

Option C is false. Construction workers cannot afford expensive briefcases.

Option A is not correct. Police officers have not necessary to have those briefcases.

Option B is correct. Executives often need high-end briefcases to keep essential things with them. They can also afford expensive bags.

You might be interested in
Complete the sentences with the correct function of money. Norah walks into her favorite department store, Bullseye, to pick out
Illusion [34]

Answer: Unit of account

Store of value

Medium of exchange

Explanation: Money has three functions:

Unit of account

Store of value

Medium of exchange

Unit of Account- Money can be used as a measure in determining value of goods and services. Norah compared the price of the dress to determine the dress costs less.

Store of value- money retains it value over periods of time, therefore it can be used to store value. Norah is saving money in a piggy bank.

Medium of exchange - money is used to facilitate transactions: it can be used to exchange for goods and services. Norah exchanged money for a dress.

I hope my answer helps.

4 0
3 years ago
A ________ demand curve for shampoo would be caused by a change in the price of shampoo.
aleksklad [387]

Answer:

c) movement along 

Explanation:

A change in price of shampoo would lead only to a movement along the demand curve for shampoos. The movement could either be up or down. If price increases, the movement is up and if prices decreases, the movement is down.

Changes in price affect the quantity demanded. If price is increased, quantity demand falls and if price falls, quantity demanded rises.

Other factors lead to a shift of the demand curve. Some of them include:

1. Change in consumers income

2. Change in taste

3. Change in price of subsituites.

I hope my answer helps you

6 0
4 years ago
Combined Communications is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend b
den301095 [7]

Answer:

Current Market value of the stock at 8.5% return: 105.88

Explanation:

We will calculate the present value of the dividends:

\left[\begin{array}{ccc}Year&Cash \: Flow&PV\\1&1.722&1.59\\2&2.12&1.8\\3&2.61&2.04\\4&3.21&2.32\\5&3.40&98.13\\&&105.88\\\\\end{array}\right]

We will do the following:

each dividends we multiply by the previous, by the grow rate of 23%

D1 1.40 x ( 1 + 23%) = D2 = 1.722

D2 1.722 x ( 1 + 23%) = D3 = 2.12

...

Then after the four years we calculate the gordon model for the infinite series of dividends

\frac{divends}{return-growth} = Intrinsic \: Value

3.95/(0.085-0.06) = 158

Then calculate the present of each dividends applying the present value of a lump sum

\frac{Principal}{(1 + rate)^{time} } = PV

\frac{1.722}{(1 + 0.085)^{1} } = PV_{div1}

PV div1 = 1.59

\frac{2.12}{(1 + 0.085)^{2} } = PV_{div2}

PV div2 = 1.8

\frac{2.61}{(1 + 0.085)^{3} } = PV_{div3}

PV div3 = 2.04

...

Then we add them and get the present value of the stock

4 0
4 years ago
Latting Corporation has entered into a 7 year lease for a building it will use as a warehouse. The annual payment under the leas
ira [324]

Answer:

D) $26,688

Explanation:

The computation of the present value is shown below:

= Annual payment × PVIFA for 7 years at 6%

= $4,781 × 5.5824

= $26,688

Refer to the PVIFA table

Simply we multiply the annual payment with the PVIFA so that the accurate amount can come.

The present value is come after considering the discount rate for the given number of periods

3 0
4 years ago
Hans entered the U.S. on December 15, 2013 in F-1 immigration status. He had never been to the United States before and he did n
Taya2010 [7]

Answer:

<u>a. True.</u>

Explanation:

The F-1 immigration status visa allows a foreigner like Hans to pursue academic studies in the United States.

It is important to note that an F-1 status holders can work legally and earn income on-campus, through scholarships etc, and are therefore <em>mandated </em>to file tax returns reporting all such income and pay taxes on it.

Since Hans arrived in the United States for the first time, he can file as nonresidents for tax purposes.

8 0
4 years ago
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