All categories

2 years ago

People often use products or services that are _________, to indicate who or where they are in the social hierarchy

Business

1 answer:

Setler79 [48]2 years ago

5 0

Answer:

Status Symbols

Explanation:

According to Oxford dictionary; a status symbol is "a possession that is taken to indicate a person's wealth or high social or professional status."

Hence status Symbols are external displays of the possessors' wealth and social status. These goods can not be possessed by people who do not belong to that social status or profession.

You might be interested in

3. Based on sales, what products do customers want? How accurately did the

PilotLPTM [1.2K]

Answer: Market survey

Explanation:

One of the ways to determine what customers want is my doing s survey. A survey would guide you through what they want. One of the ways to do this survey to get accurate answers is through questionnaire's, questionnaire's could be sent through mobile or advert or mails, asking what exactly what the customers want, from the feedback, the owner can predict accurately.

5 0

2 years ago

The following is the ending balances of accounts at December 31, 2018 for the Valley Pump Corporation Account Title Cash Account

Art [367]

Answer and Explanation:

The preparation of the classified balance sheet is presented below:

Valley Pump Corporation

Balance sheet

December 31, 2018

Assets

Current assets

Cash $30,000

Marketable securities $27,000

Account receivable $61,000

Inventory $91,000

Prepaid expense $37,000

Investments

Marketable securities $27,000

Land $25,000 $52,000

Property, plant & equipment

Land $105,000

Buildings $325,000

Equipment $85,000

Less:

Accumulated depreciation -$135,000

Net property, plant & equipment $380,000

Intangibles

Total assets $695,000

Liabilities & shareholder equity

Current liabilities

Account payable $70,000

Interest payable $15,000

Unearned revenue $25,000

Note payable $110,000

Current maturities $55,000

Total current liabilities $275,000

Long term liabilities

Note payable $110,000

Shareholder equity

Common stock $250,000

Retained earnings $60,000

Total shareholder equity $310,000

Total liabilities & shareholder equity $695,000

Working notes

Accumulated depreciation = building + equipment

= $105,000 + $60,000

= $695,000

The note payable is

= $55,000 × 2

= $110,000

6 0

2 years ago

Dale works with a publishing company. Everytime he writes a good article he gets lots of fab mail expressing support to him. In

marissa [1.9K]

unconditioned stimulus.

im not sure though

8 0

2 years ago

Read 2 more answers

The manager of a small post office is concerned that the growing township is overloading the one-window service being offered. S

Rashid [163]

Answer:

1) 2 minutes

2) 7 minutes

3) Zero ( 0 ) minutes

4) yes

5) zero ( 0 ) minutes

Explanation:

1) Time required to serve

= 2 minutes

2) The operator will begin processing the fourth customer at 7 minutes

3) The fifth customer will wait in line for zero ( 0 ) minutes

4) Yes the sixth customer will get served right away

5) The average waiting time for the 6 simulated customers is Zero ( 0 )

Attached below is the simulation of the six arrivals

7 0

2 years ago

During 2020, Karen Building Company constructed various assets at a total cost of $12,600,000. The weighted average accumulated

Ivan

Answer:

a. $842,250

b. $842,250

Explanation:

The computation is shown below:

a. For avoidable interest

Weighted average Interest rate applied avoidable interest

accumulated expenditures

$5,205,000 10% $520,500

$2,925,000 11% $321,750

Total $842,250

($8,130,000 - $5,205,000)

Working note for interest rate applied

Particulars Principal Interest

12% ten year bond $6,047,000 $725,640

9% 3 year bond $3,023,500 $272,115

total $9,070,500 $997,755

Now the interest rate is

= $997,755 ÷ $9,070,500

= 11%

2. Now the total interest capitalized is

Total interest is

= $520,500 + $725,640 + $272,115

= $1,518,255

And, the total avoidable interest is $842,250

So we considered the lesser amount i.e. $842,250

6 0

3 years ago