Apple's products are well known and valued because of the demand, and customer loyalty, and the company's price premium rank high in the consumer tech industry. This is an example of Brand Equity.
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What is Brand Equity?</h3>
- A brand's intrinsic value, or the social value of a well-known brand name, is referred to as brand equity in marketing.
- Due to public perceptions that well-known companies' products are superior to those of lesser-known brands, the owner of a well-known brand name might profit more on brand recognition alone.
- Information economics and cognitive psychology have both been used to study brand equity in the research literature.
- Cognitive psychology holds that brand equity is dependent on consumer knowledge of the attributes and associations associated with the brand.
- A strong brand name serves as a reliable indicator of product quality for consumers who are only partially aware, and it also produces price premiums as a sort of return on branding investments, according to information economics.
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The three steps for IT security management controls and implementation are: prioritize risks, respond to risks, and monitor risks.
The IT Security Management focus on identifying security risks arising at time and take countermeasures accordingly. They controls risks on the information system through three steps. They are:
- prioritize risks
- respond to risks
- monitor risks
The IT security management is implemented to ensure that the risk management is done properly. It evaluates the effectiveness of security controls. They first identify the risks and then start to respond to the risks by evaluating its potentials. Even after implementing a risk tolerance and management processes, they continue to monitor the risks as well.
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Answer:
9.98%
Explanation:
YTM is the estimated return expected from an investment held until its maturity. it is a long term yield which is expressed in annual term
Annual Payment = $500
Current price = $5,012
Yield to maturity = ( Annual payment / Current price ) x 100
Yield to maturity = ( $500 / $5,012 ) x 100
Yield to maturity = 0.0998
Yield to maturity = 9.98%
$2,134.62.
There are approximately 52 weeks in a given year, meaning that there are 52/2, or 26, biweekly pay periods. Therefore, we divide the annual salary of $55,500 by 26 biweekly pay periods to get $2,134.62 for the biweekly paycheck.
The formula is the annual amount divided by the number of periods. Here, there are 26 periods of biweekly (once every two weeks) paychecks.
Answer:
1 Line item description Cost Retail
2 Beginning inventory 40000 360000
3 Purchases 1000000 10000000
4 Transportation in 50000
5 Purchase returns -20000 -196000
6 Net purchases(3+4+5) 1030000 9804000
7 Net additional markups 800000
8 Cost to retail ratio 1070000 10964000
component(2+6+7)
9 Net markdowns -500000
10 Sales -9800000
11 Ending inventory,retail(8+9+10) 664000
Setup calculation:
Cost to retail ratio = Cost to retail ratio component at cost/Cost to retail ratio component at retail
= 1070000/10964000
= 0.097592
= 9.76%
Ending inventory,cost = Ending inventory,retail*Cost to retail ratio
= 664000*9.76%
= $64806
Cost of goods sold = Sales*Cost to retail ratio
= 9800000*9.76%
= $956480
