Answer:
B.
Explanation:
Culture can be viewed as the collective memory of a society (shared meanings, rituals, norms and traditions among members).
Consumption choices cannot be understood without considering the cultural context in which they are made.
Culture forms the prism through which people view products and try to make sense of their own and other people’s behaviour. Importance of culture in consumer behaviour.
A cultural system consists of three functional areas.
*Ecology – the way the system is adapted to its habitat by the technology used to obtain and distribute resources.
*Social structure – they way orderly social life is maintained including domestic and political groups.
*Ideology – the mental characteristics of the people and the way they relate to their environment.
Answer:
The product of 3/5×√7 is therefor;
1.5876
Explanation:
The product of;
(3/5)×√7
we can write;
3/5 as a decimal=3/5=0.6
√7 as a decimal=2.646
we now have;
0.6×2.646
We can write 0.6×2.646 as;
(6×2646)×10^(-4)
solving the product;
15,876×10^(-4)
write 15,876×10^(-4) as a decimal;
1.5876
The product of 3/5×√7 is therefor
1.5876
Answer:
B) $ 4.25
Explanation:
From the data provided in the question, we need to classify the items into manufacturing costs.
Salary of production supervisor $ 40,000
Indirect materials $ 8,000
Rent on factory equipment <u>$ 20,000</u>
Total manufacturing costs <u>$ 68,000</u>
Estimated Machine Hours 16,000
Manufacturing Overhead - $ 68,000/ 16,000 hours $ 4.25 per machine hours
The other items provided in the question, sales commission and advertising expenses are selling expenses and are not manufacturing costs.
Answer:
The answer is a. $25.00
Explanation:
The bondholder's cash flow in one-year time from holding a TrunkLine's bond is calculated as:
(The possibility of TrunkLine doing well x Repayment receipt in case TrunkLine doing well) + (The possibility of TrunkLine doing poorly x Repayment receipt in case TrunkLine doing poorly) = (0.5 x 35) + (0.5 x 20) = $27.50.
The current price bondholders are willing to pay for a bond is equal to the present value of a bond's cash flow in one-year time, discounted at the interest rate on the bond 10% which is calculated as below:
27.50 / (1+10%)^1 = $25
Thus, the correct choice is a. $25.00
