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Pavlova-9 [17]
3 years ago
13

Brand X, which currently markets luxury watches via billboards and advertisements in popular magazines, is considering saving mo

ney by advertising its newest line of luxury watches only in niche publications read by the wealthy. A recent study shows that most purchasers of Brand X`s luxury watches have only recently become wealthy, and purchase the watches because Brand X is highly coveted by those aspiring to wealth, who learn about Brand X watches via advertising. Therefore, Brand X should not implement its new advertising strategy because _____.
(A) most purchasers of Brand X’s luxury watches do not read magazines regularly
(B) newly rich consumers will not buy the watches if the watches are not advertised to people who are not yet wealthy who will then hold the watches in high regard
(C) the money saved by implementing the strategy will be outweighed by the reduction in revenue from the less expensive line of watches
(D) consumers who have only recently become wealthy purchase luxury watches in order to impress those who have been wealthy for some time
(E) consumers who are newly wealthy prefer to purchase products that are purchased regularly by the non-wealthy
Business
1 answer:
yuradex [85]3 years ago
7 0

Answer: the correct answer is (B) newly rich consumers will not buy the watches if the watches are not advertised to people who are not yet wealthy who will then hold the watches in high regard

Explanation:

The paragraph says that that most purchasers of Brand X's luxury watches have only recently become wealthy and buy this brand so the logical argument is to reach "recently become rich" to attain higher sales. Advertizing in the magazine mentioned is not guarantee that the "new rich" will buy more watches since we don't know if they read the magazine mentioned.

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n project quality management, ________ involves monitoring specific project results to ensure that they comply with the relevant
melamori03 [73]

Answer:

Quality Control

Explanation:

The Quality control includes review each phase of the project and assessing whether the company has delivered its fair share according to the contract clauses and its implied duties. The quality controlers have a set of checks which provide sufficient evidence whether or not the relevant quality standards are met or not.

3 0
3 years ago
One year ago, you purchased a stock at a price of $43.20 per share. The stock pays quarterly dividends of $.18 per share. Today,
gizmo_the_mogwai [7]

Answer:

Capital gain = $2.16

Explanation:

The return on equity is the sum of the dividends earned and capital gains made during the holding period of the investment.  

Dividend is the proportion of the profit made by a company which is paid to shareholders.  

Capital gains is another type of the return made on an equity investment as a result of increase in the value of the shares. It is difference between the cost of the share and the value at the time of disposal.  

Therefore, capital gain  as follows:  

Capital gain = $45.36-43.20

Capital gain = $2.16

8 0
3 years ago
Tonya operates a nail salon as a sole proprietorship. Tonya also owns and rents an apartment building. This year Tonya had the f
Gala2k [10]

Answer:

Tonya's AGI $70,335

Explanation:

Tonya's AGI:

Revenue from salon $215,900

Salaries paid to beauticians ($113,125)

Nail salon supplies ($58,500)

Salon's operating income $44,275

                   +

Interest income $28,138

                   +

Rental revenue from apartment building $78,050

Depreciation on apartment building ($32,250)

Real estate taxes paid on apartment building ($27,750)

Rental income $18,050

                    -

Alimony paid to her husband $15,000

                    -

Self-employment tax on salon income $3,128

                    -

Interest expense on education loan $2,000

                   =

Tonya's AGI $70,335

Real estate taxes paid on Tonya's house and charitable contributions are itemized deductions (below the line deductions).

3 0
4 years ago
A number of factors influence the sample size for a substantive test of details of an account balance. All other factors being e
umka2103 [35]

Answer: D. Smaller measure of tolerable misstatement.

Explanation:

The sample size simply means the number of participants that are included in a study. They're the group of subjects which are picked and selected from the population and represents the general population for that study.

From the options given, it should be noted that a smaller measure of tolerable misstatement will lead to a larger sample size.

8 0
3 years ago
The state government maintains an investment pool for itself and local governments in the state. The investment pool received t
Katyanochek1 [597]

Answer:

$15,000,000

Explanation:

The local government comes under the control of state directly. The amount received from local government should be reported in state's investment trust fund.

8 0
3 years ago
Read 2 more answers
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