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3 years ago

______ segmentation delves into how consumers actually describe themselves

1 answer:

3 0

Psychographic, <span>Segmentation is a method that delves into how consumers actually describe themselves, their attitudes, interests and activities.</span>

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Littleton Books has the following transactions during May.

Kruka [31]

Answer:

May 2 Purchases books on account from Readers Wholesale for $4,100, terms 2/10, n/30.

Dr Merchandise inventory 4,100

Cr Accounts payable 4,100

May 3 Pays cash for freight costs of $280 on books purchased from Readers.

Dr Merchandise inventory 280

Cr Cash 280

When you use perpetual inventory all freight costs (and any additional costs related to the purchase) must be included in the inventory account as part of the cost of the merchandise.

May 5 Returns books with a cost of $400 to Readers because part of the order is incorrect.

Dr Accounts payable 400

Cr Merchandise inventory 400

May 10 Pays the full amount due to Readers.

Dr Accounts payable 3,700

Cr Cash 3,626 [= ($4,100 - $400) x 98%]

Cr Purchase discounts 74

Since the payment is done within the discount period, you will pay 2% less. The purchase discount has a credit balance since it reduces costs.

May 30 Sells all books purchased on May 2 (less those returned on May 5) for $4,800 on account.

Dr Accounts receivable 4,800

Cr Sales revenue 4,800

Dr COGS 3,980

Cr Merchandise inventory 3,980

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3 years ago

Evaluate this sentence, "The best way to get rid of poverty is to increase government expenditures on welfare programs."

solmaris [256]

Answer:

c. This sentence is false. Increasing transfer benefits like welfare will lower the opportunity cost of making decisions that can lead to poverty

Explanation:

Welfare programs involves<em> transfer payments</em>. These payments are made by the government in order to assist the marginalized sectors or people who are in need so they can thrive economically. In this case, the government just provides and doesn't receive anything in return.

If the government expenditures would increase, the transfer benefits would increase too. So this would most likely lead to "poverty" because<em><u> the government will just be spending money without any returns.</u></em>

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3 years ago

The Fed wants to increase the money supply (which is currently $4,000) by $200. The money multiplier is 3, and people hold no ca

Greeley [361]

Fed can achieve its goals using the given tools as shown below.

<h3>What is money supply?</h3>

The money supply (or money stock) in macroeconomics refers to the entire volume of currency held by the public at a given point in time.
There are numerous definitions of "money," but common measures often include currency in circulation and demand deposits (depositors' easily accessible assets on financial institutions' accounts).
A country's central bank may utilize a definition of what constitutes legal money for its own reasons.
Money supply data is recorded and released, typically by a government agency or the country's central bank.
Changes in the money supply are monitored by public and private sector experts because it is believed that such changes affect the prices of securities, inflation, exchange rates, and the business cycle.

In the given situation, Fed can achieve its goals using the given tools:

Change the reserve requirement - The Fed should lower the reserve requirement to 48 ± 1 percent.
Change the discount rate - The Fed should lower the rate by 12.50 ± 0.01 percentage points.
Use open market operations - The Fed should buy $125.00 ± 0.01 worth of bonds.

Therefore, Fed can achieve its goals using the given tools as shown.

Know more about money supply here:

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The complete question is given below:
The Fed wants to increase the money supply (which is currently $5,000) by $250. The money multiplier is 2, and people hold no cash. For each 1 percentage point, the discount rate falls, and banks borrow an additional $10. Explain how the Fed can achieve its goals using the following tools:

a. change the reserve req.

b. change the discount rate.

c. use open market operations.

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2 years ago

The director of human resources, Sierra, is widely regarded as being sharp in her decision making and as usually meeting her goa

Archy [21]

The kind of manager which Sierra is, who is sharp in decision making is known as an:

Effective manager

<h3>Who is an Effective Manager? </h3>

This is a type of manager who engages in practical methods that are result oriented and helps meet team goals.

With this in mind, we can see that because Sierra makes good decisions and meets her team goals, she is an Effective Manager.