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tangare [24]
2 years ago
9

Ski ABC Company manufactured too many ski jackets, overestimating the quantity retailers would purchase. So Ski ABC has offered

its customers a lower cost of purchase, 20 percent lower, if they order ten or more jackets. The company is displaying an example of what
Business
1 answer:
Mashcka [7]2 years ago
6 0

The company is displaying an example of buying allowances.

<h3>What is purchase allowance?</h3>

A manufacturer or distributor may give a purchasing allowance as a discount on the list price in exchange for a minimum order. A consumer may also be given this amount in return for keeping any defective or inaccurate items. When a client has official buying functions, purchase allowances are more prevalent since the purchasing team may negotiate them with suppliers.

<h3>What is the difference between sales allowance and cash discount?</h3>

You might wish to offer a buyer an incentive occasionally while attempting to sell your house. Offering a monetary discount or a sales allowance might aid in the selling of your house if there is a significant supply of houses in your neighborhood. <u>Both a </u><u>sales allowance </u><u>and a </u><u>cash discount </u><u>can assist persuade a </u><u>buyer </u><u>to </u><u>buy</u> your house, even if both incentives are different in theory.

To learn more about sales :

brainly.com/question/4302541

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In the Solow model, in the absence of any shock, the capital stock remains at some level forever. This rest point is called the
photoshop1234 [79]

Answer:

Steady state

Explanation:

This rest point is called the steady state. At this state investment is equal to depreciation. In solow growth model, an economy in steady state is of a stable size or fluctuates just a little.

Output, population, capital stock, saving, investment, and technical progress, all grow at a constant rate or are constant. An economy gets to a steady state after a period of growth or after a downsizing period.

3 0
2 years ago
For each of the following items, identify whether they would most likely be reported in the balance sheet (B) or income statemen
blagie [28]

Answer:

Explanation:

The statement of income records all sales revenues general and expenditure incurred during a particular period.

The balance sheet reports the assets and the liabilities of the company

So, the classification is as follows

a. Net income  = income statement (I)

b. Retained earnings  = balance sheet (B)

c. Depreciation expense  = income statement (I)

d. Accumulated depreciation  = balance sheet (B). It is deducted from the value of the respective fixed assets

e. Wages expense  = income statement (I). It is shown on the debit side of the income statement

f. Wages payable   = balance sheet (B). It is a current liabilities

g. Interest expense  = income statement (I) It is shown on the debit side of the income statement

h. Interest payable   = balance sheet (B). It is a current liabilities

i. Sales = income statement (I)

8 0
3 years ago
Chris wants to open a family-oriented restaurant in a thriving suburban area. Chris thinks a sports-based theme and broad menu w
ella [17]

Answer:

The correct answer is letter "C": competitive barrier.

Explanation:

Competitive barriers represent obstacles for a business to start operations based on what other companies are already providing to the market. The settled companies -competitors- tend to have a preference and market share obtained through years of operations which is a threat for a new company that is looking for attracting consumers.

6 0
3 years ago
The promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activities,such as trade sho
love history [14]

Answer: Sales promotion

Explanation:

Promotion includes all the techniques sellers use to motivate/persuade people to purchase their product or services.

Sales promotion is a part of the promotional mix that uses media and non-media outlets to improve product awareness, increase consumer demands and marketability. It helps in stimulating consumers' interest in a product.

Sales promotion programs are designed to enhance personal selling, advertising, public relations, and other promotional efforts.

Sales promotions can take place both within/inside and outside an organization. It helps to attract new customers, with old existing customers and ease competition.

3 0
3 years ago
Read 2 more answers
26. Which of the following best describes an entrepreneur? A) a person who forms and operates a business B) a person who invests
scoundrel [369]

Answer:

A) a person who forms and operates a business

Explanation:

An entrepreneur is a person who forms and operates a business. An entrepreneur is one of the factors of production. Other factors include land, labour and capital.

An entrepreneur takes up the financial risk of a business.

An entrepreneur earns profit or loss.

A shareholder is a person who invests in an existing business

A bondholder is a person who lends capital to a new business

I hope my answer helps you.

3 0
2 years ago
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