Critical Thinking Questions Case 3-1 Bea Is the Best Pie

question 37

Multiple Choice

Critical Thinking Questions Case 3-1 Bea is the best pie baker around. She has decided to go into business and takes a survey in her town to find out what types of pies are favorites. She decides to record her data in a workbook to present to the bank when she seeks a loan for her business startup costs. Naturally, Bea wants a Pie chart in her workbook. She would like each slice to represent the different types of pies she plans to sell and show this on a 3-D Pie chart. Bea has completed adding the results of her survey to the worksheets. The types of pies will be on each slice. Which statement is true about the number of people who voted on each type of pie?

• A)The number of people determines how many slices are in the pie.
• B)The number of people determines the color of each slice.
• C)The number of people determines the sizes of the slices.
• D)The number of people determines the whether the chart is on a separate sheet.

Determine the fair market value of fixed-income securities based on future payments and discount rates.

Calculate the purchase price of an item based on down payment, monthly payments, and interest rate.

Determine total interest paid on loans and investments over time.

Understand and calculate the nominal rates of interest for various compounding periods.

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Definitions:

Brand Extensions

The practice of extending an existing brand name to new product categories or markets to leverage existing brand equity.

CPM

Cost per thousand impressions, a common metric used in advertising to denote the cost of 1,000 advertisement impressions on one webpage.

CPM

Cost Per Thousand Impressions, a marketing metric used to denote the expense of advertising per 1000 views or displays of an advertisement.

Advertising Cost

The expenses incurred in promoting a product, service, or brand through various media channels.