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ss7ja [257]
3 years ago
10

Social class is a strong predictor of purchases that have symbolic aspects, but low to moderate prices. What is the best example

of a product with those characteristics?
Business
1 answer:
tresset_1 [31]3 years ago
7 0

Question: Social class is a strong predictor of purchases that have symbolic aspects, but low to moderate prices. What is the best example of a product with those characteristics?

a. liquor

b. cars

c. homes

d. refrigerators

Answer: Liquor.

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You are given the following facts about a 40% owner of an S corporation, and you are asked to prepare her ending stock basis.
barxatty [35]

Answer:

$74,120

Explanation:

Preparation of her ending stock basis

ENDING STOCK BASIS:

Beginning stock basis $36,800

Add:Increase in AAA $12,800

(.40 * $32,000)

Add:Increase in OAA $2,520

(.40 * $6,300)

Add:Stock purchase $22,000

Total Ending stock basis $74,120

Therefore her ending stock basis is $74,120

6 0
2 years ago
Over the years, the Red Cross has been guided in its use of donations by honoring donor intent. This policy helped the organizat
bezimeni [28]

Answer:

Red Cross took the right decision by reversing the original decision of diverting the donations. If it had diverted the donations donor will loose trust in the organisation and will not come forward to help. When it maintains a policy of honoring donor intent people will trust it to stand by it and they donated for the victims of the terrorist attack and the donations must be spent on it only. Then the trust of the donors will not fall and if the organisation wants donations for other ancillary operation sit can genuinely ask for donations and there are many people who would be willing to help. This gives both trust and respect and also the cause is served. Hence the decision to reverse the original one is correct and a good move.

7 0
3 years ago
Read 2 more answers
The Tattle Teller has a printing press sitting idly in its back room. The press has no market value to another printer because t
Mrac [35]

Answer: $480

Explanation:

Given that,

Scrap value of metal = $480

press is six years old, Original cost = $174,000

Current book value = $3,570

Since, we know that the realizable value of the printing press is only $ 480, so  tattle teller should assign the same as the initial cost of the new project.

Hence, $480 will be the initial cost of press for the new project.

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3 years ago
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Explanation:

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Which of the following is the MOST cost effective way to pay for college?
Mrrafil [7]
A. You do not have to pay when you have a scholarship.
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