Answer:
Part a
Debit : Accounts Receivable $18,000
Debit : Cost of Sales $10,800
Credit : Sales Revenue $18,000
Credit : Inventory $10,800
Part b
Debit : Cash $16,200
Debit : Discount allowed $1,800
Credit : Accounts Receivable $18,000
Part c
Debit : Accounts Receivable $600
Credit : Cash $600
Explanation:
The perpetual method calculates the cost of sales for each transaction made.
See the journals prepared as above
Answer:
B.
Penetration pricing
Explanation:
Penetration pricing is a strategy that is used by new companies in a market to capture market share from more established competitors. The process is for the new company to charge a lesser price than the amount that the other companies are charging which will bring people to the new firm for patronage.
It will thus capture market share and due to the high demand, be able to make profits due to Economies of Scale.
By charging less than its competitors, the new bar's owner is most likely pursuing a Penetration Strategy.
<u>90% </u>of a manufacturer's profit and income comes from repeated purchases from returning customers.
<h3>What is Lifetime Customer Value (LCV)?</h3>
Lifetime Customer Value is the entire contribution of a customer to a brand or business enterprise over the course of their relationship.
It's an essential metric since keeping returning customers requires less than acquiring new ones, thus improving the value of your existing customers is an excellent strategy to generate growth and profit.
Therefore, we can conclude that <u>90% </u>of a manufacturer's profit and income comes from repeated purchases from returning customers.
Learn more about Lifetime customer value here:
brainly.com/question/26483324
The answer in the space provided is utilitarianism. It is
because they are more focus on both of universal ethics and the utilitarianism
in terms of building their product for the sake of their customers in order to
meet the consumer’s needs.
Answer:
A
Explanation:
A capital good is a good that is used to produce another good. examples of capital goods are : tools, buildings, equipment
A consumer good is a good that is directly consumed by final end users e.g. food, clothing, jewellery.
The oven used to make bread is the capital good, while, the bread is the consumer good. Bread is sold to consumers
