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1 year ago

Differential pricing means different buyers pay different prices for the same quality and quantity of a product.

1 answer:

5 0

Differential pricing means charging different prices to different buyers for the same quality and quantity of product. For example, many movie theaters offer discounted tickets for seniors

<h3>What is pricing?</h3>

Pricing is the process by which a company determines the price at which it will sell its products and services, and it may be part of the company's marketing strategy.

Pricing criteria represent customer or deal characteristics. Price administrators define the pricing criteria that will be used to determine their company's pricing strategy. When you define the pricing segments and pricing strategies, you use the values for the pricing criteria.

It is possible to barter. Buyers must decide whether the utility gained from the exchange is worth the loss of purchasing power. In an open market economy, price represents the value of a good/service among potential purchasers and ensures competition among sellers.

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Dunn Sporting Goods sells athletic clothing and footwear to retail customers. Dunn's accountant indicates that the firm's operat

Brilliant_brown [7]

Answer:

Dunn Sporting Goods

Identifying Current Assets and Current Liabilities

Current Assets:

1. Prepaid Rent $6,000

3. Inventory $46,230

4. Marketable securities $700

5. Cash $1,050

7. Account receivable $2,850

Current Liabilities:

2. Accounts payable $9,700

6. Interest Payable $4,500

Explanation:

a) Data and Analysis:

1. Prepaid Rent (Current Assets) $6,000 Prepaid Rent (Long-term Assets) $2,500 in the amount of $8,500. Dunn's rent is $500 per month.

2. Account payable $9,700

3. Inventory (Current assets) $46,230.

4. Short-term marketable securities $700 Long-term Investments $1,200

5. Cash (current assets) $1,050.

6. Loan Payable (long-term) $60,000 due in March 2024. Interest Payable (current liabilities) $4,500

7. Account receivable (Current assets) $2,850

8. Store equipment $9,200. Accumulated depreciation $1,250.

b) Current assets are short-term assets expected to be used up within 12 months while current liabilities are short-term assets expected to be settled within 12 months.

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3 years ago

Leaders who ensure their employees take part in decision making have a(n) ___________ leadership style.

slava [35]

Answer:

D- participate

Explanation:

leaders who have participate leadership skill or style allow their employees take part in decision making making the leader open to many possibilities and ideas.

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3 years ago

Optimizing economic agents use the real interest rate when thinking about the economic costs and returns of a loan. Suppose the

Elan Coil [88]

Answer:

10.45 %

Explanation:

Please see attachment

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3 years ago

Which would you trade on a stock exchange? A.)shares B.)bonds C.)annuities

BaLLatris [955]

Shares are traded on a stock exchange

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4 years ago

The trial balance of Rollins Inc. included the following accounts as of December 31, 2021:

Alinara [238K]

Answer:

Net income = $725,625

Earnings per share = $7.26 per share

Explanation:

The multiple-step income statement refers to an income statement that displays gross profit obtained as sales revenue minus cost of goods sold, and also shows an organization's operating revenues and operating expenses separately from its nonoperating revenues or gains and expenses or losses.

The multiple-step income statement can be prepared as follows:

Rollins Inc.

multiple-step income statement

For the Year Ended December 31, 2021

Details $ $

Sales Revenue 5,400,000

Cost of goods sold (3,950,000)

Gross profit 1,450,000

Operating expenses:

Selling expense (350,000)

General and admin expense (250,000)

Total operating expenses (600,000)

Operating income 850,000

Interest revenue (expense):

Interest revenue 37,500

Interest expense (20,000)

Total Interest revenue (expense) 17,500

Other compreh. income (loss):

Loss on sale of investments (10,000)

Loss on debt investments (125,000)

Gain on projected ben. obligation 235,000

Total other compreh. income (loss) 100,000

Income before tax 967,500

Income taxes (w.1) (241,875)

Net income  725,625 

Earnings per share (w.2) 7.26

Workings:

w.1: Income taxes = Income before tax * Effective tax rate = $967,500 * 25% = $241,875

w.2: Earnings per share = Net income / Number of shares of stock outstanding throughout the year = $725,625 / 100,000 = $7.26

7 0

3 years ago