According to a major study commissioned by the Advertising Research Foundation, the information and advice consumers need to make a purchase comes to them unsolicited when they are in a passive shopping mode. There are two kinds of shopping mode which represent consumers' behavior. Passive and active are these two kinds. Consumers who do not actively<span> seek the information is passive customers. Thus passive is the suitable answer.</span>
Answer:
$84
Explanation:
Cost of Credit refers to the expenses incurred when using credit. It is the cost of borrowing and is represented by the difference between the total amount paid back and the amount borrowed.
I.e., cost of credit = Amount paid - Amount borrowed.
In this case,
Cost of credit = $784 - $700
Cost of credit = $84
Answer:
c. The beta of the portfolio is lower than the lowest of the three betas.
Explanation:
As for any investment portfolio, with number of investments, each investment has its own beta.
When we compute the beta for entire portfolio, the beta is based on weighted average of investments.
Under the weighted average method there are weights assigned on the basis of value of individual investment, out of total value of investment.
Thus, the beta for portfolio, can never be less than the least beta of any individual investment in a portfolio.
Answer:
Kailua and Company
Schedule of Cash Collections
August September
Cash collections from June $25,200 $0
Cash collections from July $38,500 $19,250
Cash collections from August $17,220 $43,050
<u>Cash collections from September $0 $17,800 </u>
Total cash collections $80,920 $80,100
I suppose that 5% of the billings are uncollectible since 20% + 50% + 25% = 95%.
Answer:
Are ups and downs in the level of economic activity
Explanation:
Business cycles is defined as the various ups and downs in the economic activities of a particular nations. These ups and downs are generally measured by the fluctuations in the macro economic variables. These macro economic variables includes:
(i) Gross domestic product (GDP)
(ii) Employment
(iii) Rate of consumption
There are four major phases in the process of business cycle are as follows:
(i) Expansion
(ii) Peak
(iii) Contraction
(iv) Trough