Explain how a consumer’s place of residence has an especially large impact on their purchase of sports and entertainment commodities.

Answers

Answer 1

Answer: Bc of how he lives and because he if he is doing that then yeah that will happen

Answer 2

Answer:

Answer:

A consumers place of residence has a large impact on their purchase because of how they live in that area and their community.

Explanation:

Example, if you live in New York City, marketers probably will not target you as much to purchase their four wheeler as they would someone who lives in the country.

Related Questions

One year ago, you purchased 350 shares of Titan Wood Products for $63.17 per share. The stock has paid dividends of $.71 per share over the past year and is currently priced at $68.22. What is your total dollar return on your investment?a. $2016.00b. $1891.75c. $1767.50d. $2083.20e. $1008.00
1. How is inflation measured? Fill in the blanks to complete the passage about the CPI and the GDP deflator. The Consumer Price Index (CPI) and the GDP deflator are both price indices, so they both serve as measures of inflation. However, the CPI uses a smaller basket of goods. The GDP deflator aims to take into account all final goods and services, whereas the CPI only includes goods and services sold to –. So, for instance, prices on farm equipment are included in the – but not in the –.
Autoliv in Ogden, Utah creates airbags. The deployment time of an airbag should be between 21 and 27 milliseconds and their current average is 22 milliseconds with a standard deviation of 0.25 milliseconds. Determine the process capability index if they were to center the mean.
A company wishes to raise $27 million by issuing 15-year semi-annual coupon bonds with face value of $1,000 and coupon rate of 6.60 percent. The bonds will have a yield to maturity of 7.70 percent. Determine the minimum number of these bonds the company needs to issue to raise the desired amount of money.
Westfall Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follow: Total Luxury Sporty Sales revenue $ 490 comma 000 $ 360 comma 000 $130,000 Variable expenses 355 comma 000 235 comma 000 120,000 Contribution margin 135 comma 000 125 comma 000 10,000 Fixed expenses 78 comma 000 39 comma 000 39 comma 000 Operating income (loss) $ 57 comma 000 $ 86 comma 000 $(29 comma 000) If $ 23 comma 000 of fixed costs will be eliminated by discontinuing the Sporty line, how will operating income be affected?

Fern motors is offering a rebate on cars purchased this month. this activity involves the ____ ingredient of the marketing mix.

Answers

Answer:

Pricing

Explanation:

4 ingredients of marketing mix are Pricing, Product, Place and Promotion(the 4Ps).

Pricing- is for determining the value that is put on a product including rebates. Deciding the correct intrinsic value of a product puts a lot of factors into consideration like the target market, the consumer willingness to pay, whether it is sufficient enough for the company to make a profit out of it.

Product - answers the what; the actually good or service being offered for sale.

Place- answers the where; the location of product so customers can buy it.

Promotion- any activities to inform the target market that the product exist, how to use it etc. this includes advertisement, word of mouth among others.

Mutual fund A earned 10 percent while B earned 8 percent. The standard deviations of the returns were 7 percent and 4 percent, respectively. Assumr risk free rate of 2%.a) Estimate the Sharpe ratio of each mutual fund
b) According to the Sharpe ratio, which fund performed better?

Answers

Answer:

a) 0.9 & 1

b) Mutual Fund B

Explanation:

For starters, I will define what Sharpe ratio is.....

Sharpe ratio is tagged, the measure of risk-adjusted return of a financial portfolio. It is worthy if note that on the average, a portfolio with a higher Sharpe ratio is considered superior relative to its peers.

You the question, the Sharpe ratios would be calculated as follows:

(Return of portfolio - risk free rate) / standard deviation.

So, for Mutual Fund A:

A = (12% - 3%) / 10%

A = 9% / 10%

A = 0.9

For Mutual Fund B:

B = (10% - 3%) / 7%

B = 7% / 7 %

B = 1

Although the Mutual Fund in A is calculated to have a higher return, the Mutual Fund B is laced with a higher risk-adjusted return.

Suppose Azerbaijan decides to increase its production of nails by 20. What is the opportunity cost of this decision

Answers

Answer: c. 5 bolts.

Explanation:

From the graph we see that the opportunity cost of making 80 nails is 20 bolts.

Opportunity cost of making 1 nail is;

80/80 : 20/80

1 : ¼

If 1 nail has an opportunity cost of ¼ bolts then making 20 extra nails would cost;

= 20 * ¼

= 5 bolts.

Raner, Harris, & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices—one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs.Assume that Minneapolis’ sales by major market are:
Market
Minneapolis Medical Dental
Sales $ 330,000 100 % $ 220,000 100 % $ 110,000 100 %
Variable expenses 198,000 60 % 143,000 65 % 55,000 50 %

Contribution margin 132,000 40 % 77,000 35 % 55,000 50 %
Traceable fixed expenses 39,600 12 % 11,000 5 % 28,600 26 %

Market segment margin 92,400 28 % $ 66,000 30 % $ 26,400 24 %

Common fixed expenses
not traceable to markets 9,900 3 %

Office segment margin $ 82,500 25 %

The company would like to initiate an intensive advertising campaign in one of the two market segments during the next month. The campaign would cost $4,400. Marketing studies indicate that such a campaign would increase sales in the Medical market by $38,500 or increase sales in the Dental market by $33,000.
Required:
Calculate the increased segment margin.for Medical:
Calculate the increased segment margin for Dental:

Answers

Answer:

Increase Segment margin for Medial = $9,075

Increase Segment margin for Dental = $12,100

Explanation:

The calculation of increased segment margin.for Medical and Dental is shown below:-

Medical Dental

Incremental Sales $38,500 $33,000

Less: Variable Cost ($25,025) ($16,500)

(Medical 65% and ($38,500 × 65%) ($33,000 × 50%)

Dental 50%)

Incremental

Contribution Margin $13,475 $16,500

Less: Traceable

Advertising Cost ($4,400) ($4,400)

Increase Segment

Margin $9,075 $12,100

Farmer Company purchased equipment on January 1, Year 1 for $82,000. The equipment is estimated to have a 5-year life and a salvage value of $4,000. The company uses the straight-line depreciation method. If the original expected life remained the same (i.e., 5-years), but at the beginning of Year 4, the salvage value was revised to $8,000, the annual depreciation expense for each of the remaining years would be___________.

Answers

Answer:

15600 , 13600

Explanation:

Annual Depreciation = [Cost of Asset - Salvage Value] / Expected use years

Year 1 Beginning : Cost = $82000 , Salvage Value = $4000, Years = 5

So, Annual Depreciation = [82000 - 4000] / 5

= 78000 / 5 = 15600

Year 4 Beginning : {3 Years gone, 2 years left}

Asset Value remaining = Cost - [(Annual Depreciation)(Years)]

= 82000 - [(15600)(3)]

= 82000 - 46800 = 35200

Dep. = [Cost - Scrap Value] / Years

= [35200 - 8000] / 2

= 27200/2 = 13600

Each of the following is a method by which to allocate joint costs except: Group of answer choices a. Chemical analysis. b. Relative sales value. c. Relative weight, volume, or linear measure. d. Relative marketing costs. g

Answers

Answer:

The correct answer is the option A: Chemical analysis.

Explanation:

To begin with, a chemical analysis consists in the study of chemical composition and structure of substances and it refers to the field of chemistryas its name indicates so therefore that it does not implicate the allocation of joint costs as all of the other methods. Moreover, this type of analysis is considered to be the principal basis technique by which every chemical information is obtanied and there are also two main brances in it, the qualitative and quantitative analysis.

Other Questions

Fixed costs are $1300000 and the variable costs are 80% of the unit selling price. What is the break-even point in dollars?

Determining Financial Statement Effects of Write-Offs and Bad Debt Expense Using the Allowance MethodUsing the following categories, indicate the effects of the following transactions. Indicate the accounts affected and the amounts. (Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign.) During the period, customer balances are written off in the amount of $10,000. At the end of the period, bad debt expense is estimated to be $8,000.

During its first year of operations, the McCollum Corporation entered into the following transactions relating to shareholders’ equity. The corporation was authorized to issue 100,000,060 common shares, $1 par per share. Required: Prepare the appropriate journal entries to record each transaction. Jan. 9 Issued 50,000,000 common shares for $18 per share. Mar. 11 Issued 4,500 shares in exchange for custom-made equipment. McCollum’s shares have traded recently on the stock exchange at $18 per share. Part B A new staff accountant for the McCollum Corporation recorded the following journal entries during the second year of operations. McCollum retires shares that it reacquires (restores their status to that of authorized but unissued shares). Date General Journal Debit Credit Jan. 12 Land 5,000,000 Paid-in capital—donation of land 5,000,000 Sept. 1 Common stock 2,000,000 Retained earnings 44,000,000 Cash 46,000,000 Dec. 1 Cash 24,000,000 Common stock 1,000,000 Gain on sale of previously issued shares 23,000,000

The Bradford Company issued 10% bonds, dated January 1, with a face amount of $80 million on January 1, 2018 to Saxton-Bose Corporation. The bonds mature on December 31, 2027 (10 years). For bonds of similar risk and maturity, the market yield is 12%. Interest is paid semiannually on June 30 and December 31. Determine the price of the bonds at Janary 1 2018.