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konstantin123 [22]
2 years ago
14

For most people, the purchase of a Ford automobile would employ which type of consumer decision making? a.Generic decision makin

g b.Extended decision making c.Routinized decision making d.Limited decision making e.Impulse buying Due to the high risk of financial loss of future purchasing power, for most people, automobiles have _____. a.routinized involvement b.low involvement c.extensive involvement d.enduring involvement e.situational involvement
Business
1 answer:
sashaice [31]2 years ago
8 0

Answer:

1. B

2. E

Explanation:

1. Consumer or buyers use the extended decision making as it is that decision making which involves high level of the purchase involvement, extensive internal and the extensive information search with complex evaluation of the alternatives. In case of automobiles, buyers will choose the extended decision making as it is expensive, infrequently purchased products.

2. As there is involvement of high risk of financial loss in the future purchasing power, for people or consumer, the automobiles have the situational involvement, it is the short term state which directs towards the attaching relevance of a situation or person. In other words, it is an state where, it establish a level of involvement when a consumer or person think of a specific situation or object.

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The following journal entries were prepared by an employee of International Marketing Company who does not have an adequate know
Helen [10]

Answer:

April 1st

accounts receivable    15,800 debit

           accounts payable         15,800 credit

_____________________________________

telephone expense     1,200 debit

        cash                             1,200 credit

_____________________________________

cash       9,500  debit

  equipment      8,200 credit

  supplies             900 credit

-- to eliminate a wrong post---

supplies        900 debit

equipment 8,200 debit

      cash           9,500 credit

--to record the correct transaction--

___________________________________

Net effect on assets:

AR 15,800

Cash Decrease by 1,000

Explanation:

April 1st: we should use account receivable as we are going to receive cash in the future. We aren't going to pay it.

this will increase assets by 15,800 rather than decrease liabilities.

April 2nd: It should be backwards.

the effect will be a decrease in cash for 1,200 (600 to amend the mistake and 600 to show a disbursement

April 3rd we should decrease cash by 400 as the sum of the purchase is 9,100 not 9,500

As we can't you put a debit on cash we reverse the wrong entry adn do the proper one.

Real effect:

7 0
2 years ago
Read 2 more answers
Chocolates R' Us, Inc is owned equally by Desi and his wife Lucy, each of whom hold 550 shares in the company. Lucy plans to red
soldi70 [24.7K]

Answer:

Chocolates R' Us, Inc.

Family hostility cannot be used as an argument to void the family attribution rules.

Lucy is still legally married to Desi.  What the husband, Desi, therefore, owes, she owes equally despite their separation and her intention to reduce her ownership in their joint company.

Explanation:

Family Attribution Rules:  Section 318 of the Internal Revenue Code says an individual shall be considered as owning the stock owned, directly or indirectly, by or for his spouse and his children, grandchildren, and parents, including legally adopted children.

3 0
2 years ago
For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and th
Serhud [2]

Answer:

1. Property taxes, factory - Fixed cost and an indirect manufacturing cost

2. Boxes used for packaging detergent produced by the company  - Variable and direct manufacturing cost.

3. Salespersons' commissions  - Variable and selling cost.

4. Supervisor's salary, factory  - Fixed and Indirect manufacturing cost.

5. Depreciation, executive autos. - Fixed and administrative cost.

6. Wages of workers assembling computers  - Variable and direct manufacturing cost.

7. Insurance, finished goods warehouses - Fixed and Selling cost.

8. Lubricants for production equipment.  - Variable and indirect manufacturing cost.

9. Advertising costs  - Fixed and Selling cost.

10. Microchips used in producing calculators. - Variable and direct manufacturing cost.

11 Shipping costs on merchandise sold  - Variable and Selling cost.

12. Magazine subscriptions, factory lunchroom - Fixed and administrative cost.

Explanation:

The cost which is affected by the production of units is known as variable cost. The cost which does not vary with the units produced is fixed cost.

The costs which are related to selling and storage of the finished goods is selling cost.

The cost which is not affected by units produced and is related to office premises and controlling an organization is administrative cost.

The cost which is associated with the production of units and is incurred to convert raw material into finished goods is manufacturing cost.

The manufacturing cost which is directly affected by the units produced is direct cost and the manufacturing cost which is not affected by the units produced is indirect cost .

8 0
2 years ago
Managerial accounting differs from financial accounting in several areas. Specify whether each of the following characteristics
ANTONII [103]

Answer:

A is not Managerial accounting the correct answer is  Financial accounting

8 0
2 years ago
Shandra Corporation (a U.S.-based company) expects to order goods from a foreign supplier at a price of 131,000 pounds, with del
Free_Kalibri [48]

Answer:

Shandra Corporation

The amount which Shandra Corporation will report as foreign exchange gain in net income for the quarter ended June 30 is:

$5,240

Explanation:

Price of goods = 131,000 pounds

Delivery and payment date = April 20

On February 20, the spot rate for call option on 131,000 pounds = $1.37

Cost of the option = $1,310

The spot rate on April 20 = $1.42

The foreign exchange gain or loss to be reported in net income for the quarter ended June 30 = $0.05 ($1.42 - $1.37

Total gain = ($0.05 * 131,000) - $1,310

= $6,550 - $1,310

= $5,240

b) With this call option, which gives Shandra the right to buy the underlying asset, Shandra hedges his contract to purchase goods from a foreign supplier, and therefore, profits when the spot rate increases from $1.37 on February 20 to $1.42 on April 20.  The profit made is reduced by the cost of the call option.

8 0
2 years ago
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