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-BARSIC- [3]
3 years ago
14

Jameson purchased an alarm system for his car during a promotion. He considered the price after the promotion to be very attract

ive. However, he later learned that the firm set an artificially high reference price for the alarm system just before the promotion to make the advertised sale price more attractive. Jameson just experienced ________.
Business
1 answer:
Dimas [21]3 years ago
7 0

Answer:

Deceptive pricing

Explanation:

Deceptive pricing is a strategy that organizations use to sell products in which they make people believe that they are paying lower price than the actual one. According to this, the answer is that Jameson just experienced deceptive pricing because the firm set a higher price before the promotion to make price attractive for customers and the promotion price was not lower.

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The Hype Company's currently outstanding bonds have a 10 percent coupon and a 11 percent yield to maturity. Hype believes it cou
zavuch27 [327]

Answer:

After tax cost of debt is 6.82%

Explanation:

Currently the yield to maturity is the  pre-tax cost of debt for Hype company, however the after tax cost of debt considers that the bonds are tax deductible , its actual is less than the pre-tax cost of debt , hence the after-tax cost of debt is shown below

After tax cost of debt=yield to maturity *(1-tax)

after tax cost of debt=11%*(1-0.38)

after tax cost of debt=11%*0.62

after tax cost of debt =6.82%

This confirms that cost of debt is usually lower than cost of equity , where shareholders would want an extra premium to compensate them for the increased risk taken by investing in the business.

5 0
3 years ago
1. Descriptive statistics ________. quickly describe large amounts of data can predict future stock returns with surprising accu
nika2105 [10]

Answer:

1. quickly describe large amounts of data

2. the stock is worth 15% more at the end of the year than at the beginning

3. 9.2%

Explanation:

Descriptive statistics helps to quickly describe large amounts of data because it simply involves using certain measurement tools to describe the data seen such that patterns emerge that will help in analyzing the data. Examples include, frequency tables and measures of variation like range and standard deviation.

When a stock has a 15% return, it means that the owner is getting 15% more than the amount that the stock cost them therefore showing that the stock is worth 15% more at the end of the year than at the beginning.

The return on the stock is;

= (4.75 - 4.35) / 4.35

= 9.2%

3 0
2 years ago
A special surveillance and rescue team is being deployed to counter the menace of pirates in the Indian Ocean. Nick, Sid, Leah,
masha68 [24]

Answer:

cohesion

Explanation:

i think its cohesion because the word means to unite and if the understanding is high then when they combine it would be greater. im not 100% though

5 0
2 years ago
Recognition of normal balances The following items appeared in the accounting records of the Tape Box, a retail music store that
WINSTONCH [101]

Answer:

a. The DVDs, CDs, albums, and video games held for sale to customers.

Classification: Assets

b. A long-term loan owed to Citizens Bank.

Classification: Liability

c. Promotional costs to publicize a concert.

Classification: Expense

d. Daily sales of merchandise sold

Classification: Revenue

e. Amounts due from customers

Classification: Asset

f. Land held as an investment

Classification: Asset

g. A new computer purchased for office use.

Classification: Expense

h. Amounts to be paid in 10 days to suppliers

Classification: Liability

i. Amounts paid to property owner for rent.

Classification: Expense

4 0
2 years ago
In its 20X3 financial statements, Cris Co. reported interest expense of $85,000 in its income statement and cash paid for intere
IgorLugansk [536]

Answer:

The answer is: D) $32,000

Explanation:

In 20x3, Cris. Co. paid in cash $68,000 for interest, including $15,000 of interest from 20x2.

The amount of cash paid for 20x3 interests = $68,000 - $15,000 = $53,000

Interest payable = interest expense 20x3 - cash paid for 20x3 interests

interest payable = $85,000 - $53,000 = $32,000

3 0
3 years ago
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