Asubsidiary of porter inc., a u.s. company, was located in a foreign country. the functional currency of this subsidiary was the stickle (§), the local currency where the subsidiary is located. the subsidiary acquired inventory on credit on november 1, 2012, for §120,000 that was sold on january 17, 2013 for §156,000. the subsidiary paid for the inventory on january 31, 2013. currency exchange rates between the dollar and the stickle were as follows:
november 1, 2012 $.19 = §1
december 31, 2012 $.20 = §1
january 1, 2013 $.22 = §1
january 31, 2013 $.23 = §1
average for 2013 $.24 = §1
what amount would have been reported for this inventory in porter's consolidated balance sheet at december 31, 2012?
a. $24,000.
b. $26,400.
c. $22,800.
d. $27,600.
e. $28,800.

Lindsay is forgetting the fact that consumers decision to buy a product or use a particular service is influenced by many factors which includes personal factors ,situational factors and object factors so the customer involvement will be defined by these factors.

Explanation:

Personal factors :

These are the factors that are influenced by an individual attitude, beliefs , interest and their own affordability which means their own state of income will define if they will afford to buy the product or service.

Situational factors are factors that surrounds the person which includes the environment,work, school and people around that person. Some people take their family opinion very seriously when they do things so they will consider that before making a decision to use a particular service or to buy a product.

The brand also plays a role in whether a person get involved with a particular service , people may tend to trust more those brand that they are familiar with.