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andreev551 [17]
3 years ago
11

Hope is desperate for the new designer purse that she saw while window shopping at her local mall. she knew every girl in school

would covet her bag and wish to be like her. when she walked in, she whipped out her credit card, and purchased the $5,000 bag. this kind of purchasing is called: question 50 options: 1) conspicuous consumption 2) popular consumerism 3) designer consumerism 4) credit card consumerism
Business
1 answer:
ss7ja [257]3 years ago
5 0

<span>The answer is number 1, conspicuous consumption. It is the acquisition of goods or services for the particular purpose of displaying one's wealth. Conspicuous consumption is a means to display one's social status, especially when the goods and services publicly displayed are too expensive for other members of a person's class. This kind of consumption is characteristically associated with the wealthy but can also relate to any economic class. The concept of consumerism stems from conspicuous consumption.</span>

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Kathy is buying her first home. She is financing a total of $185,000 at an APR of 5% for 25 years. How much are her monthly paym
Vinvika [58]

Based on Kathy's total cost of financing the home, the APR, and the period, her monthly payments would be $1,081.49.

<h3 /><h3>How much would Kathy pay per month?</h3>

Find the monthly period:

= 25 x 12

= 300 months

The monthly rate:

= 5%/12

= 5/12%

The monthly amount is:

= 185,000 / (( 1 - (1 + 5/12%)⁻³⁰⁰) / 5/12%)

= $1,081.49

Find out more on monthly loan payments at brainly.com/question/25599836.

#SPJ1

3 0
2 years ago
Which one of the following bond values will change when interest rates change?The expected cash flowsThe present valueThe coupon
ZanzabumX [31]

Answer:

The present value of the bond.

Explanation:

The present value of a bond will change when interest rate changes. The present value is the price at which you will buy the bond. Interest rate is also known as the yield to maturity (YTM). This interest rate has an inverse relationship with the price; meaning, if YTM increases, the price of the bond will decrease and vice versa.

Expected cashflows are the recurring coupon payments which are usually fixed amount in the case of a coupon paying bond. For this reason, they do not change with changes in interest rate.

The maturity value also known as the Face value or Par value is fixed and does not change with changes in interest rate.

5 0
4 years ago
You eat an entire box of cookies the night before you attend a weight watchers meeting. this is an example of
oee [108]

The behavior of having to eat the entire box of cookies before attending the weight watchers meeting is an example of having the feeling of overwhelmed by obligations that the person would likely execute conflict. It is seen above as because the person has the obligation of having to have his or her weight to be monitored, he or she has felt the need or urge of having to do some things that he or she wasn't able to do because of it, that is why he or she has arise in the conflict of having to do something that he or she wasn't supposed to do such as eating the box of cookies.

<span />
8 0
4 years ago
If investors expect a total return of 14.60%, what will be Goodwin’s expected dividend and capital gains yield in two years—that
storchak [24]

Answer:

First Expected Dividend will come in at the end of Year 3 or t=3 assuming current time is t=0.

D3 = $ 4.25, Growth Rate for year 4 and year 5 = 22.1 %

Therefore, D4 = D3 x 1.221 = 4.25 x 1.221 = $ 5.18925 and D5 = D4 x 1.221 = 5.18925 x 1.221 = $ 6.33607

Growth Rate post Year 5 = 4.08 %

D6 = D5 x 1.0408 = 6.33607 x 1.0408 = $ 6.59459

Required Return = 13.6 %

Therefore, Current Stock Price = Present Value of Expected Dividends = [6.59459 / (0.136-0.0408)] x [1/(1.136)^(5)] + 4.25 / (1.136)^(3) + 5.18925 / (1.136)^(4) + 6.33607 / (1.136)^(5) = $ 45.979 ~ $ 45.98

Price at the end of Year 2 = P2 = Present Value of Expected Dividends at the end of year 2 = [6.59459 / (0.136-0.0408)] x [1/(1.136)^(3)] + 4.25 / (1.136) + 5.18925 / (1.136)^(2) + 6.33607 / (1.136)^(3) = $ 59.3358 ~ $ 59.34

Dividend Yield at the end of year 3 = DY3 = D3 / P2 = 4.25 / 59.34 = 0.07612 or 7.612 %

Total Required Return = 14. 6 %

Therefore, Required Capital Gains Yield = 14.6 % - 7.612 % = 6.988 %

7 0
4 years ago
Alpha Systems, Inc., manufactures computer keyboards. The data for the month of June is given below: Direct material per unit $1
astraxan [27]

Answer:

a.$20 per keyboard

Explanation:

The computation of the variable cost per computer keyboard is shown below:

= Direct material per unit  + Direct labor per unit + Variable overhead per unit

= $10 per unit + $6 per unit + $4 per unit

= $20 per keyboard

Basically, we added the Direct material per unit,  Direct labor per unit, and the Variable overhead per unit so that the variable cost per computer keyboard could come

8 0
3 years ago
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