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Kitty [74]
3 years ago
12

Which of the following is the last step in the buying process?  A. Evaluate performance  B. Make purchase  C. Engage in searc

h  D. Recognize need
Business
1 answer:
Alex777 [14]3 years ago
8 0

Answer:

A. Evaluate performance

Explanation:

Evaluating a product's performance is the last stage of the buying process. The customer assesses the product's performance against expectations.  Customers are either satisfied with the product or not.

Evaluating performance is also the post-purchase evaluation stage. Satisfied customers feel they made the right decisions. Marketers always ignore this last process, but it's very important. One way to create loyal customer is the contact customer after the purchase to check if they are happy with the product.

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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
A change in income preferences or prices of other goods or services leads to a that causes a:______
exis [7]

Answer:

change in demand; shift of the demand curve.

Explanation:

We know that income elasticity of demand derives by considering the percentage change in quantity demanded and percentage change in income

In mathematically,

Income elasticity of demand = (percentage change in quantity demanded) ÷ (percentage change in income)

By considering the above information, the change in income preferences is due to change in demand plus it also shift of the demand curve

7 0
4 years ago
On September 1, Walker Company received $30,900 for six months of rent in advance. On September 1, Walker Company credited Rent
erma4kov [3.2K]

Answer:

As per accrual concept of accounting, income is recorded when it is earned and not when cash is received.

An income which is not yet earned i.e services for which are yet to be provided and yet cash is received against it in advance, such an advance receipt represents liability since services are yet to be provided.

The entry passed by Walker Company upon receipt being

Cash A/C                                                Dr. $30,900

     Rent Revenue A/C                                                $30,900

(Being six month rent received in advance recorded)

By Dec 31, Walker company has provided services for 3 months out of 6 months which meant half of the rent recorded as income upon receipt above, remained unearned as on Dec 31.

The Adjusting entry as on Dec 31, would be,

Rent Revenue A/C                                 Dr. $ 15,450

     To Unearned Rent Income                                  $15,450

(Being unearned rent income recorded)

This amount of $15,450 represents the rent received in advance which relates to three months against which services are yet to be provided i.e due.

7 0
4 years ago
Assume that the U.S. population is 300 million. If 70 million individuals are legally classified as unable to work (or are less
Step2247 [10]

Answer: Option (E) is correct.

Explanation:

Given that,

U.S. population = 300 million

Individuals classified as unable to work =  70 million

Individuals classified as unwilling to work = 80 million

Unemployed = 14 million

Labor force = U.S. population - Individuals classified as unable to work  - Individuals classified as unwilling to work

                   = 300 million - 70 million - 80 million

                   = 150 million

Unemployment rate = \frac{Unemployed}{Labor\ force} \times100

                                 = \frac{14}{150} \times100

                                 = 9.3%

3 0
4 years ago
Select all that apply. _____ is an example of a post-secondary degree.
Cloud [144]
I believe all of the above.

Please let me know if I am correct

Let me know if you need help with more 
6 0
3 years ago
Read 2 more answers
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