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Advocard [28]
2 years ago
5

Sneaky Sales Retailing advertised a bicycle for a 40 percent sale price of $449 but when customers came in for the sale, the sal

es representatives told customers the advertised bike was on back order, and always encouraged them to purchase a $799 bicycle. This is known as
Business
1 answer:
sweet-ann [11.9K]2 years ago
7 0

The sales representatives told customers the advertised bike was on back order, and always encouraged them to purchase a $799 bicycle. This is known as a bat-and-switch take place when a seller creates an apealling.

<h3>What is advertisement?</h3>

In order to promote the sales, advertisement is an effective tool in the hands of entrepreneur.

Advertisement imparts the necessary information to the consumers regarding the products and services available in the market. There can be various kinds of advertising techniques and one such technique is Persuasive advertising.

Persuasive advertising not only provide the consumer with the information regarding the product but also shows the product in positive light as to convince the consumer about that buying the specific product is beneficial.

Learn more about bicycle, refer to the link:

brainly.com/question/14425203

#SPJ1

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Masters Corp. issues two bonds with 20-year maturities. Both bonds are callable at $1,050. The first bond is issued at a deep di
I am Lyosha [343]

Answer:

Explanation:

a)

The YTM of the bond at par value is equals to its coupon rate, 8.75%. Other things being equal, this 4% coupon rate bond will be more eye-catching as the coupon rate is lower than the current market yields, and its price is far below the call price. So, if yields drop, capital gains on the bond will not be restricted by the call price.

b)

If an investor foresees that yields will fall considerably, the 4% bond proposes a better expected return.

c)

Implicit call protection is offered in the sense that any likely fall in yields would not be nearly enough to make the firm consider calling the bond. In this sense, the call feature is almost irrelevant

3 0
3 years ago
Determine the amount to be paid in full settlement of each invoice, assuming that credit for returns and allowances was received
mojhsa [17]

Answer:

(a) Payment =  $4,459

(b) payment = $4,120

Explanation:

solution

we know that Payment will be here

in 1st part (a)  

payment = Mercahndise - sales and allwances - discount + frieght    ..............1

so here

Discount = (merchandise - sales return and allowance) × Discount%     .........2

put here value

Discount =  ( 5,700 - 1600 ) × 1%

Discount =  $41

so

from equation 1 payment will be

Payment = 5700 - 1600 - 41+400

Payment =  $4,459

and

in 2nd part (b)  

from equation 2

put the value

Discount  = (4,800 - 800 ) × 2%

Discount  = $80

so

Payment will be here

payment = 4800 - 800 - 80 + 200

payment = $4,120

3 0
3 years ago
Marc agrees to sell Diana 500 copies of a book for $3.50 per book. Marc breaches the contract by not delivering the books. At th
Lesechka [4]

Answer:

$500

Explanation:

Damages refer to the financial loss suffered by a party to a breached contract. It occurs as a result of one party refusing to perform their obligation in the contract, causing injury and losses to the other.

Damages are the extra expense incurred by the offended party due to the breach of contract. The calculation of damages involves getting the difference between the market price and the contract price. For Diana, the damages will be the market price of $4.50, and the contact price $3.50. Because the books were 500, her damage would be 500 X 1 = $500.

6 0
3 years ago
Majka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1
Norma-Jean [14]

Answer:

Majka Company

a) Accounting equation to record effects of each event:

1. Assets (Cash) increased $29,500 = Liabilities + Equity (Retained Earnings) increased $29,500.

2. Assets (Cash) decreased $13,500 = Liabilities + Equity (Retained Earnings) decreased $13,500.

3. Assets (Cash) decreased $1,800 = Liabilities + Equity (Retained Earnings) decreased $1,800.

b) Income Statement, Statement of Changes in Stockholders' Equity, and a Balance Sheet dated December 31, 2016:

1) Income Statement for the year ended December 31, 2016:

Sales                        $29,500

Expenses                ($13,500)

Net Income             $16,000

Dividend                   ($1,800)

Retained Earnings $14,200

2) Statement of Changes in Stockholders' Equity:

Retained Earnings b/f  $0

Net Income                  $16,000

Dividend                        ($1,800)

Retained Earnings      $14,200        

3. Balance Sheet as at December 31, 2016:

Assets:

Cash ($29,500 - 13,500 - 1,800) $14,200

Liabilities + Equity:

Equity: Retained Earnings           $14,200

c) Reason for different terminology to date income statement and balance sheet:

Income statement is prepared for an accounting period.  It covers a specified period, while a balance sheet is prepared as at an accounting date.  This means that one can prepare a balance sheet daily, or even after each transaction.  But, an income statement covers a period of time, say a month, a quarter, or six months, or a year, as the case may be.

Explanation:

Income Statement, Changes in Equity, and the Balance Sheet are important financial statements, which a business prepares to report its financial performance (results), the changes that occur in owners' equity, and the financial position respectively.

6 0
3 years ago
6. You own a company. You have identified a safety issue with one of your products. The company could
seraphim [82]

Answer:

B. immediately recall the product.

Explanation:

If a safety issue is identified in one of my product as a company owner, the first thing to do is to immediately recall the product. Recalling means asking people that are currently in charge of the product to return it in order to determine the ROOT CAUSE of the issue.

Once the product is recalled, then further investigation can be carried out. First is to determine what might be the root cause of the issue. This is done by questioning those that are in charge of the production processes. After different and diverse answers to questions, then I can streamline the answers to those we considered as the root cause of the problem to minimum before proffering necessary measures to be carried out in order to prevent the issue from occurring in the future.

The next step will be the implementation of the measures. If the measures that were put in place were able to solve the safety issue, then we can document and validate it so that can it can be referenced to in future in case of similar occurrence.

3 0
3 years ago
Read 2 more answers
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