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umka21 [38]
4 years ago
15

Emilio saw a wonderful all-in-one kitchen appliance for sale on TV. The appliance would allow him to get rid of six small applia

nces and leave more room in his kitchen. Emilio called the number and agreed to purchase the product. He then found out that the price only covered the product base and he would have to purchase each appliance add-on individually. When he did, this the product cost significantly more than he originally thought. This is known as the
Business
1 answer:
icang [17]4 years ago
6 0

Answer:

C) low-ball technique.

Explanation:

The low ball sales technique is legal, although it is also deceiving. It refers to a technique where a good or service is offered at a low price to attract customers' attention, and then the product or service is offered at a much higher price to include all the amenities or functions initially offered.

This is a very common car sales technique where a car is advertised at a certain price and the features offered correspond to a higher trim. Once the customers approach the dealership, they are told that the advertised price was for the basic model and that the advertised car is actually worth much more.

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Mattress​ Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last​ year, cost of goods sold was ​$7
Dmitry [639]

Answer:

Weeks supply =  10.70 million (Approx)

Explanation:

Given:

Last​ year, cost of goods sold = ​$7,537.53 million  

Last​ year Inventory = ​$1,551.55 million

Computation:

Average cost of sold good on week basis = Cost of goods sold / Total number of weeks

Average cost of sold good on week basis = $7,537.53 million / 52

Average cost of sold good on week basis = 144.96 million

Computation of weeks supply:

Weeks supply = Last​ year Inventory /  Average cost of sold good on week basis

Weeks supply = $1,551.55 million / 144.96 million

Weeks supply =  10.70 million (Approx)

8 0
3 years ago
From its peak in 1929 to the trough in December 1932, the Dow Jones Industrial Average fell by _____. The Baa-U.S. Treasury spre
amm1812

Answer:

The correct answer is:

90% and 6%

Explanation:

From its peak in 1929 to the trough in December 1932, the Dow Jones Industrial Average fell by 90%. The Baa-U.S. Treasury spread was about 2% at the beginning of 1929. By December 1932, the Dow Jones Industrial Average reached a low, and the spread had increased to 6%.

The Dow Jones Industrial Average is the Index created by Charles Henry Dow, an economist and journalist, who worked for the famous journal The Wall Street as editor. There, he created the scale in order to measure year by year the development or behavior of the 30 largest public limited companies in the United States.

4 0
4 years ago
You can buy property today for $2.1 million and sell it in 6 years for $3.1 million. A. If the interest rate is 11%, what is the
Katyanochek1 [597]

Answer:

Present value of sales price =  465,395.16

Present Value of future cash flow=  465,359.16  

Explanation:

The present value of a sum expected in the future is the worth today given an opportunity cost interest rate. In another words ,it is amount receivable today that would make the investor to be indifferent between the amount receivable today and the future sum.

The present value of a lump sum can be worked out as follows:

PV = FV × (1+r)^(-n)

Present Value of sales price= 3.1 × 1.11^(-6) =1.65739

Present Value=165,738.65

Present Value of an annuity of 110,000 for 6 years:

PV = A × 1- ( (1+r)^(-n))/r

PV = 110,000× (1-1.11^(-6))/0.11= 465,359.16  

PV =  465,359.16  

5 0
3 years ago
Which table option enables you to combine the contents of several cells into one cell?A.ColumnsB.InsertC.Merge CellsD.Position.
Olin [163]

Answer:

ur answer

Explanation:

Ques. Which table option enables you to combine the contents of several cells into one cell is <em><u>Merge Cells.</u></em>

5 0
3 years ago
Read 2 more answers
Imagine that you are holding 7,000 shares of stock, currently selling at $70 per share. You are ready to sell the shares but wou
Readme [11.4K]

Answer:

Consider the following calculations

Explanation:

Number of Shares held = 7000

Current Price = $ 70

Portfolio Value = 7000 * 70 = 490,000

If continued to hold the shares

Portfolio value at $ 57 = 7000 * 57 = 399,000

Portfolio Value at $ 77 = 7000 * 77 = 539,000

If implemented collar strategy - Selling a call option and buying a put option

Call option

Strike Price = 75

Price of the option = $ 2

Put Option

Strike Price = 65

Price of the option = $ 4

Amount received on sale of Call option = 7000 * 2 = 14,000

Amount paid on buying a put option = 7000 * 4 = 28,000

Value of the Portfolio = 7000 * 70 + 14000 – 28000 = 490,000 +14000 – 28000 = 476,000

If the stock price in January is 57

As the strike price 75 is higher than the current market price of 57, the call option buyer will allow the option to expire

As the strike price of 65 is higher than the current price of 57, the investor will utilise the put option

Profit from Put option can be obtained by buying shares from market and selling the same under the put option

Profit from put option =7000 * (65-57) = 7000 * 8 = 56000

Value of the portfolio   = Holding Value at current price + premium received – premium paid+ profit from put option

                                        = 7000 * 57 + 14000 – 28000 + 56000

                                       = 399000 + 14000 – 28000 + 56000

                                       = 441,000

If the stock price in January is 70

As the strike price 75 is higher than the market price of 70, the call option buyer will allow the option to expire

As the strike price of 65 is lower than market price of 70, the invest will allow the put option to expire

Portfolio Value = Holding value at current market price + premium received – premium paid

                            = 7000 * 70 + 14000 – 28000

                           = 490000 + 14000 – 28000 = 476,000

If the market price in January is 77

As the strike price of 75 is lower than market price of 77, the buyer of call option will enforce the call option

Loss from call option = 7000 * (77-75) = 7000 * 2 = 14000

As the strike price of 65 is lower than market price of 77, the investor will allow the put option to expire

Portfolio Value = Holding value at current market price + premium received – premium paid – loss on call option

Portfolio value = 7000 * 77 + 14000 – 28000 – 14000

                           = 539000 + 14000 – 28000 – 14000

                           = 511,000

Download xlsx
4 0
4 years ago
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