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Kaylis [27]
3 years ago
10

FitWear Inc., a sporting goods footwear and apparel company, features photographs of celebrities wearing its brand of clothing a

nd sports gear. FitWear Inc. launched a commercial for its new line of football cleats. This commercial featured famous football stars because the company believes that celebrities can influence customers' buying decisions. In this case, the football stars served as _______.
Business
1 answer:
Volgvan3 years ago
5 0

Answer:

opinion leaders

Explanation:

Since in the question it is mentioned that the Fitwear Inc i.e. a footwear of sporting products and apparel company also it established a new line of football cleats. In addition to this, they also believes that celebrities could influence the buying decision of the customers so here the football stars would be represent as an opinion leaders as they are considered as an individual that influence the people in general

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Marcie conducted a study of the cost of breakfast cereal. She recorded the costs of several boxes of cereal. However, she neglec
tester [92]

Answer:

The advice is wrong. A sampling error only accounts for the difference in results based on the use of a sample rather than the entire population.

Explanation:

7 0
3 years ago
Benning Manufacturing Company is negotiating with a customer for the lease of a large machine manufactured by Benning. The machi
romanna [79]

Answer:

beginning inmediately:  $ 140,095.127

after a year:                    $ 152,703.688

with a salvage value:     $ 148,227.912

Explanation:

We need to find the PMT of 980,000 dollars being ordinary annuity or annuity-due discounted at 9%

Annuity-due:

PV \div \frac{1-(1+r)^{-time} }{rate}(1+r) = C\\

PV  $980,000.00

time 10

rate 0.09

980000 \div \frac{1-(1+0.09)^{-10} }{0.09} (1.09)= C\\

C  $ 140,095.127

Annuity:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $980,000.00

time 10

rate 0.09

980000 \div \frac{1-(1+0.09)^{-10} }{0.09} = C\\

C  $ 152,703.688

If there is a salvage value, we discounted from the lease value:

980,000 - present value of salvage value:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $68,000.0000

time   10.00

rate  0.09

\frac{68000}{(1 + 0.09)^{10} } = PV  

PV   28,723.93

980,000 - 28,724 = 951,276

<u>Now we calculate the PMT:</u>

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $951,276.00

time 10

rate 0.09

951276 \div \frac{1-(1+0.09)^{-10} }{0.09} = C\\

C  $ 148,227.912

8 0
3 years ago
If a cost estimate indicates that a residential design is significantly over budget, what changes would you consider to reduce t
kogti [31]
<h3><u>Changes considered to reduce the cost of the project: </u></h3>

Cost Estimates of a Residential Design have the following elements:

1) Quantity Takeoff

2) Labor Hours

3) Labor Rates

4) Material Prices

5) Equipment Costs

6) Subcontractor Quotes

7) Indirect Costs

8) Profit Margin

Quantity Takeoff is the very basic element required in Residential Building. Labor hours and rates depends on the location, work difficulty, market value, and other extrinsic factors. Material prices and Subcontractor Quotes again depends on location, supply and demand. Equipment Costs depends on the location, place of purchase, transportation cost, size of equipment, etc. Indirect costs are overheads for labor and contractors.

As we can check the above elements, we cannot change Quantity takeoff, as no one wants to compromise in the quality. However, we can try to slightly negotiate with Labor rates and Subcontractor Quotes. Again, as mentioned the budget is significantly high, so we need to work on reducing 2 costs, which are Equipment Costs and Material Prices.

6 0
3 years ago
Alpha's preferred stock currently has a market price equal to $80 per share. If the dividend paid on this stock is $6 per share,
wolverine [178]

Answer:

r = 0.075 or 7.5%

Option a is the correct answer.

Explanation:

The required rate of return is the minimum return that the investors require on a stock based on the risk associated with that stock. To calculate the required rate of return on a preferred stock, we divide the dividend provided by the preferred stock by the market price of the stock.

r = Dividend / Market Price

r = 6 / 80

r = 0.075 or 7.5%

3 0
3 years ago
Describe in your own word the three types of leadership.
Nat2105 [25]

Answer:

it's a u're welcome

Explanation:

u're welcome ♥️hope you enjoyed

6 0
3 years ago
Read 2 more answers
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