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poizon [28]
3 years ago
6

Research depicts the typical saturn dirt bike shopper as a middle-aged person with an income of $75,000 per annum. this is an ex

ample of:
Business
1 answer:
Alex777 [14]3 years ago
5 0

This is a demographic profile of the target market. Marketers use this profile to segment the entire market into target markets. They use things like demographics (age, race, income, education) to identify which markets are more likely to buy their products.

This whole process is called market segmentation.

You might be interested in
Sparty Corporation has provided the following information for its most recent year of operation: Revenues earned were $84,000, o
iragen [17]

Answer: $247000

Explanation:

The following can be deduced from the question:

Revenue 84,000

Less: Operating Expenses 46,000

Profit Before Tax 38,000

Less Taxes 13,300

Net Income 24700

Therefore, the net income that was reported on Sparty's income statement will be $24700.

7 0
4 years ago
Minnetonka Company leases an asset. Information regarding the lease:
wariber [46]

Answer: The options are given below:

A. Short term.

B. Operating.

C. Long

D. Finance.

The correct option is D. Finance.

Explanation: A finance lease is the kind of lease in which a finance company is the legal owner of the asset throughout the duration of the lease, while the lessee has both operating control over the asset, and some share of the economic risks and returns from the change in the valuation of the underlying asset.

In a finance lease agreement, ownership of the property is transferred to the lessee at the end of the lease term.

4 0
4 years ago
Read 2 more answers
Petty Productions Inc. recently issued 30-year $1,000 face value, 12% annual coupon bonds. The market discount rate for this bon
matrenka [14]

Answer:

The correct answer is $1,620.45

Explanation:

According to the scenario, the computation of the given data are as follows:

Time period (Nper) = 30 years

Face value (FV) = $1,000

Rate (r) = 7%

Coupon payment = $1,000 × 12% = $120

So, by putting all these in the financial formula, we get

The attachment is attached below.

So, the current price of the bond is $1,620.45.

8 0
3 years ago
The marginal propensity to expend is 0.5 and there is a recessionary gap of $200. What fiscal policy would you recommend? (Assum
nlexa [21]

Answer: A. Expansionary fiscal policy, increase government expenditures by $100, or cut taxes by $200.

Explanation:

Recessionary gap = $200

Marginal Prospensity to Consume = 0.5

Spending multiplier will them be calculated as:

= 1/(1-0.5)

= 2

Tax multiplier will be:

= -0.5/(1-.5)

= -1

Therefore, the answer is option A"Expansionary fiscal policy, increase government expenditures by $100, or cut taxes by $200"

6 0
3 years ago
This information relates to Sunland Co.. 1. On April 5, purchased merchandise from Blossom Company for $26,400, terms 4/10, n/30
jolli1 [7]

Answer and Explanation:

The journal entries are shown below:

1. Merchandise inventory $26,400

        To Account payable $26,400

(Being purchase is  recorded)  

2. Merchandise inventory $590

         To Cash  $590

(Being freight paid)  

3. Equipment $33,900

       To Account payable $33,900

(Being purchase of an equipment is recorded)  

4. Account payable $5,200

           To Merchandise inventory $5,200

(Being purchase return is recorded)  

5. Account payable $21,200 ($26,400 - $5,200)

       To Cash $20,352

       To Merchandise inventory ($21,200 × 0.04%) $848

(Being the amount paid is recorded)

4 0
3 years ago
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