Answer:
B.
Explanation:
Culture can be viewed as the collective memory of a society (shared meanings, rituals, norms and traditions among members).
Consumption choices cannot be understood without considering the cultural context in which they are made.
Culture forms the prism through which people view products and try to make sense of their own and other people’s behaviour. Importance of culture in consumer behaviour.
A cultural system consists of three functional areas.
*Ecology – the way the system is adapted to its habitat by the technology used to obtain and distribute resources.
*Social structure – they way orderly social life is maintained including domestic and political groups.
*Ideology – the mental characteristics of the people and the way they relate to their environment.
Answer:
$600
Explanation:
Data provided in the question:
Number of diamonds with delta = 5
1 diamond purchased on June 1 for $500
2 diamond purchased on July 9 for $550 each
2 diamond purchased on September 23 for $600 each
Now,
under the LIFO (Last In First Out) , the unit purchased last will be sold first
Therefore,
Before December 24 t, last purchase was 2 diamond purchased on September 23 for $600 each
Hence,
The Cost of Goods Sold is $600
Lily can benefit both from investing her money in the bank and in insurance companies. The bank can be both a short and long-term investment where she could get her finances from in case she needs them, while insurance companies will become her long-term investment in case she needs finances for her other needs (i.e. health, travel, etc.).
Ayuda como cambio de idioma a la aplicación sin que me tenga que cambiar de cuenta
Answer:
£718,607
Explanation:
Annuities are investment opportunities that require an initial settlement and gives a series of returns of a fixed amount for a specific number of periods.
In simple terms, the question requires us to calculate the amount to be paid today (Present Value) of an annuity that pays £80,000 per year for the next 10 years.
To establish the [Present Value of the Annuity, the future Cash Flows must be discounted to the Present Value using the appropriate discount rate. In our case, we will use the annual effective interest rate of 2%.
Present Value = PMT × [ 1 - 1/(1+r)^n ÷ r ]
Where,
PMT = £80,000
n = 10
r = 2%
Therefore,
Present Value = £80,000 × [ 1 - 1 / (1.02) ^ 10 ÷ 0.02]
= £718,606.80 or £718,607
Conclusion :
She be willing to pay £718,607 today for the annuity.
