With a huge influx of Hispanic consumers into his marketplace, Bill Deal, owner of Columbia Ford Motor Dealership, wants to know if Hispanic consumers make car purchase decisions differently from his other customers. Assuming that the information does not already exist, which primary data collection method would you recommend and why?
What will be an ideal response?
Answers will vary. Students could most easily justify either observation or focus group interviews. Surveys may not be appropriate since he is trying to understand how and why people make decisions, and consumers cannot articulate how they shop.
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Donovan Company had the following cash balances at December 31 . 2014: Cash in banks ........................................ $375,000 Petty cash funds (all funds were reimbursed on December 31 . 2014) ................................. 5,000 Cash in banks includes $125,000 of compensating balances against short-term borrowing arrangements at December 31 . 2014 . The compensating balances are
legally restricted as to withdrawal by Donovan. In the current asset section of Donovan's December 31 . 2014, balance sheet, what total amount should be reported as Cash? a. $380,000 b. $375,000 c. $255,000 d. $250,000
Corporations can be perceived as owing ethical duties to groups other than their shareholders.
Answer the following statement true (T) or false (F)
What is the future value of $500 invested at 8.94% compounded quarterly for 12.5 years (rounded
to nearest $1)? A) $46,739 B) $1,510 C) $670 D) $1,617
What type of loan requires both principal and interest payments as you go by making equal payments each period?
A) Amortized loan B) Interest-only loan C) Discount loan D) Compound loan