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FromTheMoon [43]
3 years ago
15

Enrico is on his way to the mall to purchase a pair of running shoes. Assume he has established three minimal standards that a s

uitable pair of running shoes would have to satisfy (good arch support, well-know brand name, priced below $100). If he eliminates all brands that do not satisfy these three minima, his choice from among the remaining brands that do satisfy the criteria would adhere to which heuristic?
conjunctiveb.
disjunctivec.
affect-referrald.
lexicographice.
compensatory
Business
1 answer:
liq [111]3 years ago
6 0

Answer:

would adhere to which heuristic?

conjunctiveb

Explanation:

the idea that consumers establish minimum attribute levels which acceptable brands must possess; when about to make a purchase, they will consider only those brands that exhibit a conjunction of all the minimum requirements. Other models of brand evaluation include the expectancy-value model, ideal brand model, disjunctive model, lexicographic model and determinance model.

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A firm has fixed operating costs of​ $650,000, a sales price per unit of​ $20, and a variable cost per unit of​ $13. at a base s
Kobotan [32]
The firm's degree of operating leverage is 1.23. Operating leverage is the measure of the degree to which a firm or project incurs a combination of fixed and variable costs. Businesses have more leverage when they have more sales resulting in a high gross merger and less fixed and variable costs. 
To solve: Change in EBIT percent / change in sales percent

8 0
3 years ago
A company must decide between scrapping or reworking units that do not pass inspection. The company has 16,000 defective units t
lutik1710 [3]

Answer:

It is more profitable to sell the units for scrap.

Explanation:

Giving the following information:

Defective units= 16,000 units

Selling price dor scrap= $2.60

Reworked cost= $4.80 each

Selling price= $8.10 each.

If the units are sold as-is, the company will be able to build 16,000 replacement units for $5.50 each and sell them at the full price of $8.10 each.

The cost of 16,000 units produced is a sunk cost, therefore, it shouldn't be a part of the decision making.

Sell as it is:

Sell scrap= 16,000*2.9= 46,400

New units= 16,000*(8.10 - 5.50)= 41,600

Total income= $88,000

Continue processing:

Reworked sales= 16,000*(8.1 - 4.8)= $52,800

It is more profitable to sell the units for scrap.

7 0
3 years ago
declared a $0.70 per share cash dividend on its $1 par common stock. On the date of declaration, there were 50,000 shares author
Tamiku [17]

Answer:

Debit Retained Earnings $5,880; credit Common Dividends Payable $5,880.

Explanation:

Based on the information given the appropriate

Journal entry for the dividend declaration will be:

Debit Retained Earnings $5,880

Credit Common Dividends Payable $5,880.

(To record dividend declaration)

$0.70 * (14,000 shares - 5600 shares)

= $0.70*8,400

=$5,880

3 0
3 years ago
A young couple has made a deposit of the first month's rent (equal to $1,000) on a 6-month apartment lease. The deposit is refun
jolli1 [7]

Answer:

It would be wiser for the couple to stay in the old apartment and save $1400

Explanation:

If they stay until the end of the lease, total money that will be paid out is $1000 x 6 = $6000,

If they leave, they'll have to forgo $1000.

If they move to their new apartment, they'll pay $900 x 6 = $5400

total expenditure if they move to the new place at the end of the six months period will be, the $1000 that will not be refunded back to them on the old apartment, plus this new $5600 for six month's rent in this new apartment, and that will be a total of $6400.

It would be wiser for the couple to stay in the old apartment and save $1400

3 0
3 years ago
Assets are a.equal to liabilities less stockholders' equity b.always lower than liabilities c.financed by the stockholders and/o
Kazeer [188]

Answer:

The answer is C.

Explanation:

Assets of a company or firm is the addition of both liabilities and shareholders' equity.

The capital structure of a company mostly comprises debt and equity i.e it is either financed by debt (short-term and long-term debt) and equity (contribution from its owners).

Option A is not correct. That term is for shareholders' equity and not for asset.

Option B is not correct because either asset or liability can be lower or higher.

3 0
3 years ago
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