Answer: The correct answer is "Benefit segmentation".
Explanation: The benefit segmentation would identify the fact that Ashley, Colleen and Michelle are in different segments because in this case the differente choices are fundamented on individual's preferences.
In this case, demographic segmentation and SES segmentation would not work because the different choices are based on each individual's preferences.
And the segmentation of the use situation and the use rate would not work either because the benefits do not vary according to the occasion and is not based on the amount in which they use a product or service.
Answer:
<u>Glenn can deduct US$ 1,672 on Schedule A</u>
Explanation:
Let's recall that for 2019, medical and dental costs are deductible only after they exceed 7.5% of Glenn's Adjusted Gross Income (AGI).
So, in this case Glenn's AGI is US$ 34,000, therefore the first US$ 2,550 (US$34,000 x 0.075) of non reimbursed medical expenses doesn't count.
Now Glenn has:
Deductible expenses = Total expenses - (AGI * 0.075)
Replacing with the real values:
Deductible expenses = 4,222 - 2,550 = 1,672
<u>Glenn can deduct US$ 1,672 on Schedule A</u>
Answer:
B. Increases the expected present value of lease cash flows to the owner
Explanation:
A lease option gives a right but not the obligation to the renter of the property to buy the said property at today's current market price upon the expiry of lease term.
Lease option is similar to an option contract, the difference being, here instead of securities, leased property serves as the underlying asset and instead of option premium, the renter pays a premium each year in addition to the rental charges.
Lease cash flows refer to the present value of future cash flows which the lessor/owner receives in the form of lease rentals plus the added premium each year.
The more the benefits under lease option clause, the higher the premium charged and thus, more would be the future receipts of owner which would increase the expected present value of lease cash flows to the owner.
Answer:
A) $279,200
Explanation:
September sale: 302,000, 80% paid on credit which is = 80% x 302,000 = 241,600, of which 50% are collected in the following month (October), which is equal to 241,600 x 50% = $120,800
October sale = 264,000
20% paid on cash, which is = 20% x 264,000 = 52,800
80% paid on credit and 50% of which is collected in the month of sale (October) = 80% x 50% x 264,000 = $105,600
Total cash collections for October = 120,800 + 52,800 + 105,600 = $279,200
Answer:
B. In JIT purchasing, raw materials (or goods) are purchased so that products are delivered just as needed for production or sales.
Explanation:
JIT stands for Just in time management. It is an inventory management approach that advocates for the purchase of materials just when they are needed for production. In JIT, there is no storing of materials for use for future production. The purchase of materials is aligned with the production process.
The success of JIT is dependent on management ability to forecast sales volumes accurately. Management must work with reliable suppliers to ensure that materials are available when required. JIT lower's the cost of inventory management by eliminating the need to store huge quantities of materials. It reduces wastage by doing away with losses that arise due to the storage of bulk materials.