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svet-max [94.6K]
3 years ago
14

Amy and Jack were loyal customers of GreenFoods, a local grocery store. However, after a couple of incidents where they had to r

eturn products that were stale and out of date, the couple decided to try out VeggiesNmore, a chain store that recently opened in town. Both Amy and Jack must move through each stage in the marketing funnel before becoming loyal customers.
Jack has shopped at VeggiesNmore. He was happy with the experience and thought that this could be an alternative to GreenFoods. However, he is also keen to try out other stores in the neighborhood. He is in the ________ stage of the marketing funnel as far as shopping at VeggiesNmore is concerned.
a. aware
b. open to trial
c. most often used
d. nonrejecter
e. regular user
Business
1 answer:
ololo11 [35]3 years ago
6 0

Answer: B) Open to Trial

Explanation:

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We are given the following information for the Pettit Corporation.
lilavasa [31]

Answer:

See below

Explanation:

a. Accounts receivables

= Sales / Receivables turnover

= $3,549,000 / 7x

= $507,000

b. Marketable securities

= Current assets - (Cash + Accounts receivable + Inventory)

Where;

Current asset = Current ratio × Current liabilities

Current asset = 2.95 × $788,000

Current asset = $2,348,240

Hence,

Marketable securities

= $2,348,240 - ($179,000 + $507,000 + $911,000)

= $2,348,240 - $1,597,000

= $751,240

c. Fixed assets

Total assets = Current assets + Fixed assets

$2,535,000 = $2,348,240 + Fixed assets

Fixed assets = $2,535,000 - $2,348,240

Fixed assets = $186,760

d. Long term debt

= Total debt - Current liabilities

Where,

Total debt = Debt to assets × Total assets

= 40% × ($3,549,000 / 1.40)

= 40% × $2,535,000

= $1,014,000

Hence,

Long term debt

= $1,014,000 - $788,000

= $226,000

3 0
3 years ago
Increasing wages have caused incomes in the united states to increase. how will this impact the market for spam, an inferior goo
Firlakuza [10]

The way that the increasing income would affect the market for spam an inferior good is that it would cause the demand for spam to decrease.

<h3>What is an inferior good?</h3>

This is the term that is used to refer to the good that the demand for falls whenever there is a positive change in income. That is as the income of a person rises, the demand that they would have for an inferior good would be more likely to fall.

Hence we can say that the The way that the increasing income would affect the market for spam an inferior good is that it would cause the demand for spam to decrease.

Read more on inferior goods here

brainly.com/question/20532958

#SPJ1

6 0
2 years ago
A company's ratio of liabilities to stockholders' equity decreased from 0.6 to 0.4 during the year. This is a.an improvement in
BabaBlast [244]

Answer:

A)an improvement in the margin of safety for creditors.

Explanation:

Margin of safety can be regarded as a principle of investing whereby an investor only make purchases of securities during the time when the market price is below their intrinsic value significantly. In a case whereby

the market price of a security falls below ones estimation of its intrinsic value significantly, then the difference that exist there is regarded as margin of safety. Margin of safety can as well be regarded as financial ratio which gives measurement of the amount of sales which exceed the break-even point. Most times investors may create a margin of safety with regards to their own risk preferences, purchasing of securities in a time that there is a difference give room for an investment to be made with minimal downside risk.

For instance, company's ratio of liabilities to stockholders' equity decreased from 0.6 to 0.4 during the year.

4 0
3 years ago
Domestic telecommunication companies in the United States are struggling due to foreign competition. How can the US government h
katrin2010 [14]

Answer:

A. The government should implement subsidies as they would help domestic businesses be able to afford to lower the prices of their goods and thus become more competitive.

Explanation:

The government adoption of subsidies in order to support domestic telecommunication is the most effective solution in the long run. Domestic firms will be able to compete with lower prices as the cost and expenses structure would have a lighter burden over revenue.

4 0
4 years ago
Read 2 more answers
Balance sheet and income statement data indicate the following: Bonds payable, 6% (due in 15 years) $1,200,000; preferred 8% sto
Sonbull [250]

Answer:

Number of times bond interest charges were earned = 5.44

Explanation:

Given data,

Bond Interest Rate = 6%

Bond Amount = $1200000

Net Income before Income Tax = $320000

Bond Interest charges Earned :

= Bond Value × Interest Rate

= $1,200,000 × 6%

= $72,000

Net Income before Interest :

= Net Income Income Before Interest + Interest

= $320,000 + $72,000

= $392,000

Number of times bond interest charges were earned :

= Net Income before Interest and taxes ÷ Interest charges

= (392,000 ÷ 72,000 )

= 5.4444

Number of times bond interest charges were earned = 5.44

8 0
3 years ago
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