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katovenus [111]
3 years ago
8

Nigel belongs to a wealthy family. He has always enjoyed trying out new gadgets and devices that are launched in the market. Sin

ce he is financially well-off, he likes to experiment with expensive products and is comfortable with the risks and uncertainties associated with these products. Based on this description, Nigel most likely belongs to the group of:
Business
1 answer:
Leya [2.2K]3 years ago
3 0

Incomplete question. The Options;

a. Candidates for elected office

b. Early majority

c. Technology diffusers

d. Innovators

Answer:

<u>b. Early majority</u>

<u>Explanation:</u>

Recall we are told that Nigel loves trying new tech and is <em>"financially well-off",</em> so he falls under the category of those who are termed early majority who quickly try/adopt new technologies.

Also, the early majority are usually<em> "comfortable with the risks and uncertainties associated with" </em>new tech products, thus they are less worried about not deriving value for their money.

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A company purchased $10,500 of merchandise on June 15 with terms of 2/10, n/45, and FOB shipping point. The freight charge, $750
defon

,Answer:

$9,825

Explanation:

Merchandise Costs must include all costs related to acquisition of merchandise such as freight charges for valuation purposes - IAS 2.

Therefore Cost of Merchandise Purchased was, $10,500 + $750  = $11,250

<u>Merchandise Purchase - June 15 : </u>

Debit : Merchandise $11,250

Credit ; Discount Received (2% x $11,250) $225

Credit : Account Payable (98 % x $11,250)  $11,025

<u>Return of Merchandise - June 20 :</u>

Debit : Accounts Payable $1,200

Credit : Merchandise $1,200

<u>Amount to be Paid - June 24 : </u>

Debit : Accounts Payable ($11,025 - $1,200)  $9,825

Credit : Cash $9,825

4 0
3 years ago
M10-10 Computing and Reporting a Bond Liability at an Issuance Price of 102 [LO 10-3] E-Tech Initiatives Limited plans to issue
Mamont248 [21]

Answer:

Explanation:

Balance sheet presentation :

Long term liabilties  

Bonds payable                                                  500000

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8 0
3 years ago
Which of the following has the lowest housing prices and the smallest population density
DENIUS [597]

Rural areas  is the answer on apex

7 0
3 years ago
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How can one profit through arbitrage if the dollar per euro exchange rate in london is $2 per pound while in new york is $1. 95
Papessa [141]

Buy pounds in New York and sell them in London. This will make a profit of $0.05 per pound.

Problem-solving is the act of defining a problem; figuring out the purpose of the trouble; identifying, prioritizing, and selecting alternatives for an answer; and imposing an answer.

Problem-solving starts with identifying the issue. As an example, a trainer may need to parent out a way to improve a scholar's overall performance on a writing talent test. To do that, the instructor will overview the writing exams looking for regions for improvement.

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6 0
2 years ago
Ralph purchases a porch swing and is assured by the salesperson that it can safely support an adult and hold up to 200 pounds. T
umka21 [38]

Answer:

The best answer is "D"

Explanation:

Jessica will not prevail in her product liability suit under a theory of misrepresentation.

The key to recovery on the basis of misrepresentation is the plaintiff's ability to prove that he relied upon the representations that were made and for Jessica she is a little more the 200 pound mark.

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3 years ago
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