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3 years ago

Classify the customer buying motive as rational or emotional.

Business

2 answers:

Sav [38]3 years ago

8 0

Answer:

Emotional because joining such a club wont benefit him economically, only his prestige

4vir4ik [10]3 years ago

7 0

This is emotional because they are doing it just because it is something they want

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An engineering student decides to invest $4,000 into a few aggressive stocks. Three years later the student sells the stocks for

const2013 [10]

Answer:

a 26%

Explanation:

The computation of the annual rate of return on this investment is as follows:

Let us assume n be no of years

Now

The Annual rate of return is

= (Ending value ÷ beginning value)^1 ÷ n - 1

= ($8,000 ÷ $4000)^1 ÷ 3 - 1

= 0.2599

= 25.99 %

= 26%

hence, the annual rate of return is 26%

Therefore the correct option is a.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0

3 years ago

Novak corp. sells a snowboard, ezslide, that is popular with snowboard enthusiasts. below is information relating to novak corp.

Rom4ik [11]

Answer:

a. The value of ending Inventory using FIFO is $2749.

b. The value of ending Inventory using LIFO is $2667.

c. The value of ending Inventory using Average Cost method is $2713.

We have:

Date Explanation Units unit cost Total Cost

Sep-01 inv 11 97 1067

Sep-12 purchases 44 100 4400

Sep-19 purchases 47 101 4747

Sep-26 purchases 22 102 2244

Total 124 12458

Novak sold 97 snowboards, so the number of snowboards with it at the end of September is $124 -97 = 27 units$ .

If Novak adopts First In First Out (FIFO) method, and 27 units are remaining, all 22 units purchased on Sept-26th and $27 -22 = 5 units$ from the purchases made on Sept-19th will remain in inventory.

So the value of inventory using FIFO will be $(22* 102) + (5*101) = 2749$

If Novak adopts Last In First Out (LIFO) method, all 11 units in inventory on Sept-01st and $27 -11 = 16 units$ from the purchases made on Sept-12th will remain in inventory.

Hence inventory value using LIFO will be $(11* 97) + (16*100) = 2667$

We calculate the Average cost by dividing the Total Cost by total number of units purchased.

$Average Cost = \frac{12458}{124} = 100.468$

The value of inventory using the average cost method is $100.648 * 27 =2713$ .

3 0

3 years ago

Read 2 more answers

50K in 2018 what does it mean or what is it?

damaskus [11]

Answer:

50K in 2018 means that 50,000 dollars were earned in the year 2018, so this could refer to the annual income of a person or a household.

This would be equivalent to a monthly wage of 4,166 dollars each month, because 50,000 / 12 = 4,166.

This wage would be very close to the median wage in the United States.

6 0

3 years ago

Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year:

adelina 88 [10]

Explanation:

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5 0

3 years ago

Sally is employed as a computer programmer for the Ellis Corporation. She has a savings account of $15,000 and owns a few shares

Bess [88]

Marx would maintain that Sally has experienced <u>false class consciousness</u>.

<u>Explanation</u>:

False class consciousness is the term used to describe the behavior of the employees who identify themselves as investors by mistake when they own few shares of stock or work as managers in large corporations. This term false class consciousness was used by famous sociologist Karl Marx.

In the above scenario, Sally was working for Ellis Corporation as a computer programmer. But she thinks herself as a stockholder as she holds few shares of Ellis stock and had $15,000 in her savings account.

5 0

3 years ago