Business, 17.06.2020 20:57 tessalopezgarcia2345

The High-End Electronic Store is located in a poor neighborhood. Sam Shyster is the sales manager at High-End Electronic. He puts a sign in the window reading, "New state of the art LED Television - only $19." Frankie Stein, a dropout who has a fourth-grade level education, sees the sign and comes in and wants to buy one. Frankie asks, "Is it really $19. Sam says, "Yeah, take a look at this contract. See? $19!" What Sam doesn't point out is that it's $19 a month for 10 years, chargeable to a credit card. This is in small print buried toward the bottom of a 10-page contract. Sam tells Frankie to sign and he does, although he has difficulty understanding the contract at all. Decide.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 19:40

Bear, inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted at

Answers: 3

Answer

Business, 22.06.2019 03:00

Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit

Answers: 1

Answer

Business, 22.06.2019 11:40

On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment

Answers: 3

Answer

Business, 22.06.2019 17:40

Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above

Answers: 3

Answer

You know the right answer?

The High-End Electronic Store is located in a poor neighborhood. Sam Shyster is the sales manager at...

Questions