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balandron [24]
3 years ago
7

You have been given $100 to start a checking account. Considering the four P's discussed in the module, go online to research an

d select a bank that best meets your needs. Which bank did you choose? Explain how you used each of the four P's to make this decision.
Business
1 answer:
Anestetic [448]3 years ago
6 0

Answer:

The four Ps happens to be the four significant factors that come into the vicinity when certain service or the good is being marketed with the public as the buyer. And the four Ps are product, price, promotion and the place. We need to select the bank which is nearest to us, and about which we have heard a lot and are confirmed about good service. The $100s checking account is not going to print interest for us, but we need 24 x 7 service as its a sort of current account, and we need to do the daily transaction through it. And hence the bank should provide all the time good service, and most probably 24 x 7 service. And this defines their product. Also, they should charge the least service charge, and that is the price. The bank which best fit according to above 4 p's, is the bank I will choose.

Explanation:

Please check the answer section.

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Alona [7]

When the bonds will mature, the company will receive, maturity value plus the interest earned on the bonds.

The maturity value will be the par value, as nothing is given, the bonds are redeemed at par value i.e. $ 46,000.

The interest income will be calculated as -

Interest Income = 7 % * $ 46,000 = $ 3,220

Thus, the total cash proceeds = $ 46,000 + $ 3,220 = $ 49,220

3 0
3 years ago
Using the following accounts and balances, prepare the Stockholders’ Equity section of the balance sheet. Refer to the lists of
uysha [10]

Answer:

Explanation:

Stockholder's Equity

Paid in Capital:  

      Common Stock  $48,000,000

     Paid in Capital in excess of Par - Common Stock $6,400,000  

     Paid in Capital from sale of Treasury Stock $4,500,000

[58,900,000]

Total Paid in Capital  $58,900,000

Retained earnings  $63,680,000

Total Paid in Capital & Retained Earnings  $122,580,000

Deduct: Treasury Stock  $5,200,000

Total Stockholder's Equity  $117,380,000

7 0
3 years ago
Consumers sell goods or services for a profit.<br><br> True<br> False
Alenkinab [10]
The answer is True. because in Economics when the MC is equal to ATP the seller losses and leave the market.
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3 0
3 years ago
It is estimated that 100,000 fans will attend a football game. Forty-two percent of them will not be able to park at the stadium
egoroff_w [7]

The answer is: 30 Trips


Total fans = 100,000

<u>The amount of fans that need satelite parking </u>

= 100,000 x 42%

= 42,000 fans


<u>There are 20 buses and each of them can carry 70 fans in one trip. So the maximum number of fans that all of them can carry in one trip:</u>

= 70 x 20

= 1400 fans


<u>Total trips that each bus need to take all fans to stadium </u>

= 42,000 / 1400

= 30 trips

4 0
3 years ago
Joe regularly visits China and offers lavish gifts to the Chinese company officials who are customers of his U.S. software compa
Troyanec [42]

Answer:

Personal ethics

Explanation:

Personal ethics is a basically the philosophy behind each action of an individual. The degree of right and wrong each person denotes their actions with.

In the above question, Joe uses personal ethic in the form of business ethic. According to him, these are right actions that would be bring him career prosperity and a loyal customer base which would indirectly effect effect his reputation along with the companys' reputation.

8 0
3 years ago
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