Scenario Your friend's old DVD player makes more noise than the soundtrack of the movie he is watching. He needs a new DVD player and you'd like to buy him a new one. You'd like to give it to him in 8 days before his annual "Friends Movie Night" party. You have found four places that have the DVD player you'd like to buy him: Private Online Sale A person named Sydney L. is selling a name brand DVD player online for $50. She lives in a neighbouring province. To purchase the DVD play, you would have to send her a cheque first and Sydney would then ship the item when the payment clears at the bank. The delivery charge will be $8.00. Electronics Online A more recent model of the DVD player is available from Electronics Online for $89.99USD. It comes with a guarantee and the store accepts refunds within 10 days. This company is a US e-commerce business. It is an online store only - no physical store you can visit. The shipping charges are $12.65USD. There is no duty on this product, and the delivery by mail takes two to three weeks. For faster delivery you can buy $25USD for express delivery. This guarantees delivery within three to five business days. This does not include time spent in customs when shipping to customers outside the United States. You can use your credit card to pay securely online using PayPal. The exchange rate at this time is 1.30(1USD = 1.30CAD) Sandy's Department Store Catalogue This Canadian department store lists the same model in its catalogue as the online store for $129.99. Delivery to your house takes four to eight business days at a cost of $24.50. This store's refund policy indicates that you can return any item within 10 days if the product is in good condition and accompanied by a receipt. You can return the item by mail or in person at the store, which is located 20km from your home. Sandy's Department Store Catalogue This Canadian department store lists the same model in its catalogue as the online store for $129.99. Delivery to your house takes four to eight business days at a cost of $24.50. This store's refund policy indicates that you can return any item within 10 days if the product is in good condition and accompanied by a receipt. You can return the item by mail or in person at the store, which is located 20km from your home. Superstore This store, located 10km from your home, is offering the DVD player for $165.99 on sale for 5% off. The store's policy allows refunds within 10 days of purchase if the product is in good condition complained by a receipt. The DVD player comes with a guarantee Your assignment a) Calculate the total costs for each option in CAD. b) List the pros and cons for each option in the following table, c) Which option you would choose with justifications
