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shtirl [24]
3 years ago
15

Becky’s daughter was in the sixth grade and growing very fast. In early fall, her daughter tried on her soccer cleats from the s

pring and, although they were still in good shape, she could barely fit her foot inside. Becky knew she’d need to get her a new pair; she had just begun the
Business
1 answer:
olga nikolaevna [1]3 years ago
5 0

Answer:

Purchase decision process

Explanation:

A purchase decision process is defined as the thought process that goes into buying a certain product. This thought process include the buyer identifying a need, creating options, seeing different brands and then finally buying the product.

Purchase decision could be either minor or major. Purchasing things like tea, toothpaste, etc require minor decision processes while buying a house or piece of land involves major decision processes.

As in the question, Becky now has to under purchase decision process as to buying soccer cleats for her daughter. This decision will involve buying a brand that won't shrink as a result of weather changes or wear out easily, etc

I hope this helps.

You might be interested in
John Porter is an hourly employee of Motter Company located in New York City. This week, Porter had to travel to the company's r
Ilya [14]

Answer:

1. Overtime rate is $20.175

2. Total earnings are $699.4

Explanation:

1. OT rate - Overtime is typically paid at a rate of 1.5 times the normal hourly rate

OT rate = 1.5 x $13.45

OT rate = $20.175

2. Total earnings for John Porter

Sunday trip                = $20.175 x 3 hours   =+$60.525

Week normal hours  = $13.45 x 40 hours  = +$538

Training session        = $20.175 x 5 hours  = +<u>$100.875</u>

Total earnings                                                   <u>$699.4</u>

8 0
3 years ago
True or False: Computing interest using the sum-of-the-digits method allocates more interest at the beginning of a loan than at
Serhud [2]

Answer:

True

Explanation:

To illustrate how the sum-of-the-digits method allocates interest we can use a lease example:

You are the lessor and you will lease a machine during 4 years. The lease requires 4 equal payments of $100,000 at the beginning of the year. After the lease, the asset's salvage value = $0.

The asset's current value = $300,000, so total interests received = $100,000

Using the sum-of-the-digits method, you will allocate interest as follows:

  • year 1 = 3/6 x $100,000 = $50,000
  • year 2 = 2/6 x $100,000 = $33,333
  • year 3 = 1/6 x $100,000 = $17,000

The largest portion of interests is allocated during the beginning of the loan.

5 0
3 years ago
Adams Company has employed a bookkeeper who is inexperienced. On December 28, after reviewing the records for the year, you disc
adell [148]

Answer:

                                      Debit                  Credit

Trade payable                 $300

Cash                                                           $300                              

Explanation:

First we have to reverse the wrong journal entry which has been made by the inexperienced bookkeeper in the Adams Company accounts:

                                      Debit                  Credit

Trade payable                 $300

Cash                                                           $300                              

Now we have to record the correct journal entry in the accounts of Adam Company in respect of account settlement with supplier which is given as follow:

                                      Debit                  Credit

Trade payable                 $300

Cash                                                           $300                              

6 0
3 years ago
Read 2 more answers
The Sealing Company has 1,500 bonds outstanding that are selling for $1,060 each. The company also has 5,000 shares of preferred
iris [78.8K]

The weight of the common stock as it relates to the firm's weighted average cost of capital is <u>35%</u>.

<h3>What is the weighted average cost of capital?</h3>

The weighted average cost of capital computes a firm's cost of capital based on the firm's average cost of capital from all sources: common stock, preferred stock, bonds, and other forms of debt.

The weight of the common stock can be determined by dividing the common stock market value by the total capitalization from all sources.

<h3>Data and Calculations:</h3>

Outstanding:

Bonds payable = $1,590,000 (1,500 x $1,060)

Preferred stock = $160,000 (5,000 x $32)

Common stock = $936,000 (36,000 x $26)

Total debts and equity = $2,686,000

Weight of common stock = 35% ($936,000/$2,686,000 x 100)

Thus, the weight of the common stock as it relates to the firm's weighted average cost of capital is <u>35%</u>.

Learn more about the weighted average cost of capital at brainly.com/question/14703616

4 0
2 years ago
The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other part
wolverine [178]

The correct answer of the question is Fraud.

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to: Fraud.

<h3>What is Fraud?</h3>
  • It is a form of deception or an unlawful gain.
  • It is an intentional form of deception that can have various criminal consequences.
  • There are various kinds of frauds like bank fraud, insurance fraud etc..
  • It is committed with the intention of gaining an unauthorized benefit.
  • it can occur in various domains like finance, real estate, insurance etc.
  • Usually a fraud can lead the person to have legal consequences and the victim can sue the person or organization which was involved with the crime.

To learn more about fraud visit: brainly.com/question/20357860

#SPJ4

5 0
1 year ago
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