I believe the answer is B. policies
The answer is Lifestyle
Generally, customers feel the most comfortable to shop in a place that is suitable for their way of living.
For example, people with low economic income tend to not be comfortable to shop in stores that have luxurious format due to various concerns, such as pricing.
Answer:
D) Social Media Era
Explanation:
The four eras of marketing evolution are:
- production era: industries started to manufacture products in mass and at lower costs, they sold what they produced, not what the customer needed.
- sales era: companies used persuasion techniques to try to convince customers to purchase their products.
- marketing era: the marketing department was defined as such (part of the organizational structure) and it takes control of the four Ps.
- relationship era: focus on creating long term relationships with customers.
*We are currently in the middle of the Social Media Era.
Monthly payment = $1774.71
Effective annual rate = 7.02%
The equation for a loan payment is
P = r(PV)/(1-(1+r)^(-n))
where
P = Payment per period
PV = Present value
r = interest rate per period
n = number of periods
Since the 6.8% interest rate is APR, we need to divide by 12 to get the interest per month. So in the above equation r = 0.068/12 = 0.005666667, the number of periods is 48 and the Present Value is 74400. Let's plug in the numbers and calculate.
P = r(PV)/(1-(1+r)^(-n))
P = 0.00566666666666667(74400)/(1-(1+0.00566666666666667)^(-48))
P = 421.6/(1-(1.00566666666666667)^(-48))
P = 421.6/(1-0.762439412691304)
P = 421.6/0.237560587308696
P = 1774.70516
So the month payment rounded to 2 decimal places is $1774.71
The effective interest rate is
ER = (1 + r/12)^12 - 1
Let's plug in the numbers and calculate.
ER = (1 + 0.068/12)^12 - 1
ER = (1 + 0.00566666666666667)^12 - 1
ER = (1.00566666666666667)^12 - 1
ER = 1.07015988024972 - 1
ER = 0.07015988024972 = 7.015988024972%
So after rounding, the effective interest rate is 7.02%
Answer:
1. Dr Cash 10000
Cr Common stock 10000
2. Dr equipment 12000
Cr Cash 4000
Cr Accounts payable 8000
3. Dr Accounts payable 2400
Cr Cash 2400
4.a) Dr Retained Earning 500
Cr Dividend payable 500
b) Dividend payable 500
Cash 500
Explanation:
b.
Cash Common Stock
_Dr_______ Cr_____ Dr______________Cr_____
10000 --- 4000 --- 10000
--- 2400
--- 500
Equipment Accounts payable
Dr____________Cr____ _Dr_______________Cr______
12000 --- 2400 ---- 8000
Retained Earning Dividend Payable
Dr______________Cr_______ Dr__________________Cr___
500 ---- 500 -- 500
Trial Balance
Cash 3100 - 10000 Common Stock
Equipment 12000 - Dividend payable
- 5600 Account payable
Retained earning 500 -
Total 15600 = 15600 Total
