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Colt1911 [192]
3 years ago
12

Roberto consumes coke exclusively. he claims that there is a clear taste difference and that competing brands of cola leave an u

nsavory taste in his mouth. in a blind taste test, roberto is found to prefer coke to store-brand cola eight out of ten times. the results of roberto's taste test would refute claims by critics of brand names that
Business
1 answer:
VikaD [51]3 years ago
5 0
The answer to the question above is "brand names cause consumers to be more sensitive to product differences" based on the result of Roberto's taste test. In the blind test, Roberto did not feel the unsavory flavor from the generic store-coke and he prefers that generic store-coke. This test proves that Roberto's taste is distracted by the brand.
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Two weeks ago Acme Electronics announced that it had developed a new chip design which was being considered by major companies f
astraxan [27]

Answer: delayed reaction.

Explanation:

The scenario depicted in the question is an example of a delayed reaction. Before the announcement was made that a new chip design had been developed, Acme common stock closed at $20 but since the announcement was made, there has been an increase in the closing price of the stock .

This shows that the information flow had an effect on the price of the stock and this led to the delay in market reaction. Therefore, this is referred to as a delayed reaction.

7 0
3 years ago
A company estimates that warranty expense will be 2% of sales. The company's sales for the current period are $176,000. The curr
erastovalidia [21]

Answer:

The answer is

Dr Warranty Expense $3,520

Cr Estimated Warranty Liability $3,520

Explanation:

Warranty expense is a contingent liability and it is defined as liabilities that may be incurred by a firm or business depending on the outcome of an uncertain future circumstance.

Current sales = $176,000

Warranty expense = $3,520(2% of $176,000).

The rule: Debit increases assets and expenses while credit reduces it.

Credit increases equity(stock), sales(revenue) and liabilities while debit reduces it.

Therefore the period entry is

Dr Warranty Expense $3,520

Cr Estimated Warranty Liability $3,520

8 0
3 years ago
Conducting business on a global scale is a part of ________?
julia-pushkina [17]
Conducting business on a global scale is a part of GLOBALIZATION.

Globalization is a process of interaction of individuals, companies, and government all over the globe for the purpose of conducting business relations with the help of information technology.
4 0
3 years ago
Peggy Grey's Cookies has net income of $400. The firm pays out 30 percent of the net income to its shareholders as dividends. Du
andreev551 [17]

Answer:

Cash flow = $35

Explanation:

Cash flow= Payout ratio*net income-price of stock= 0.30*400-85=35

3 0
3 years ago
Bank A offers to lend you money at 10 percent compounded monthly, Bank B at 11 percent compounded quarterly, and Bank C at 12 pe
ahrayia [7]

Answer and Explanation:

The computation is given below:

For Bank A,

Effective annual rate is

= (1 + 0.10 ÷ 12)^12 - 1

= 10.47%

For Bank B,

Effective annual rate is

= (1 + 0.11 ÷ 4)^4 - 1

= 11.46%

And,

For Bank C,

Effective annual rate = 12%

Therefore, Bank A is best to borrow at lowest effective annual rate

8 0
3 years ago
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