Answer: Users.
Explanation:
There are 7 positions in the Buyer Decision Process which includes the Initiators, the buyers, decision makers, influencers, Users and Gatekeepers.
The Users are the finally people who actually use the product and their opinion matters. They are usually consulted on how to make a product better in the post-evaluation process.
Kate as a sales representative arranged to meet students and got their feedback on textbooks with the aim of using their feedback to make their textbooks better. This would signify that the students play a USER role in the buying centre and their opinion is being used to learn to make a product better. Also, the company sells textbooks and textbooks are usually for students.
<span>The reserve requirement, which is also referred to as the cash reserve ratio, is 25 percent. This is calculated by subtracting the $6,000 loaned out from the bank's $8,000 in deposits, yielding a reserve of $2,000. The reserve requirement is calculated by dividing $2,000 by $8,000.</span>
Answer:
$2000=Z/(1+i)^1+Z/(1+i)^2+Z/(1+i)^3
Explanation:
let Z be the annual minimum cash flow
The internal rate of approach can be used here, in other words, the rate of return at which capital outlay of $2000 is equal present values of future cash flows
In year 1, present value of cash =X/discount factor
year 1 PV=Z/(1+i)^1
year 2 PV=Z/(1+i)^2
year 3=Z/(1+i)^3
Hence,
$2000=Z/(1+i)^1+Z/(1+i)^2+Z/(1+i)^3
Solving for Z above would give the minimum annual cash flow that must be generated for the computer to worth the purchase
Assuming i, interest rate on financing is 12%=0.12
Z can be computed thus:
$2000=Z(1/(1+0.12)^1+(1/(1+0.12)^2+(1+0.12)^3)
$2000=Z*3.09497902
Z=$2000/3.09497902
Z=$646.21
Answer:
$1 million
Explanation:
The amount of payoff that holders of bond B should expect is the total amount realizable when the assets are disposed of minus the value of secured bond A of $2 million.
The amount realizable is the worth of the office building which is $1 million plus the worth of other assets at $2 million.
The rationale here is that bond A is secured on the office building which is worth $1 million,hence from the cash realizable thereafter both bonds have equal standing of $1 million each
Answer:
1. Economic Growth and Regulatory Paperwork Reduction Act - <em>Consumer has less paperwork to go through to buy a new house</em>
The Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA) is a law that requires that the regulatory bodies of Federal Deposit Insured Corporation insured institutions such as banks and savings organisations review the documents they require from said banks to see if there are any unnecessary requirements needed. This will translate to fewer paperwork for the customers of such banks who for instance seek a mortgage to buy a house.
2. Fair Credit Reporting Act - <em>Consumer disputes financial information reported to a credit scoring company</em>
The Fair Credit Reporting Act (FCRA) gives consumers the right to dispute the information reported to a credit scoring company. It also regulates how these companies are allowed to collect and share the acquired data.
3. Federal Deposit Insurance Act - <em>The FDIC has the right to review companies for consumers</em>
4. Children's Online Privacy Act - <em>Consumer refuses to provide their five-year-old child's financial data to a company.</em>
The Children's Online Privacy Protection Act was passed in 1998 as a means to allow parents to determine what information about their children that websites can collect. Children in this case refers to people under the age of 13.
