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1 year ago

Free or minimal cost items offered by companies in order to entice customers to buy their product are called?

Business

1 answer:

erma4kov [3.2K]1 year ago

6 0

Answer:

Price packs

Explanation:

a type of sales promotion where customers are given a discount off the product's regular price; the discount is typically marked, or "flagged," prominently on the label or package; also known as a "cents-off" deal.
Price packs are sales promotions that provide consumers with a reduced price that is marked directly on the package by the manufacturer.
Here two or more products are given together at the price of one or at discounted rates.

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"A process of closer integration and exchange between different countries and peoples worldwide, made possible by falling trade

liraira [26]

Answer:

Globalization

Explanation:

Globalization is the seamless exchange of goods, technology, idea, culture, e.t.c across national boundary which is highly facilitated by collapsing or eliminating artificial barriers which hitherto made trade and communication difficult of almost impossible.

Globalization provides a platform for international integration and global connectivity among individuals, firms and government across international boundary.

8 0

3 years ago

On June 1, Carla Vista Co. Ltd. borrows $108,000 from Acme Bank on a 6-month, $108,000, 4% note. The note matures on December 1.

evablogger [386]

Answer:

a) Journal entry

Date Account and explanation Debit Credit

June 1 Cash $108,000

Notes payable $108,000

b) Adjusting entry

Date Account and explanation Debit Credit

June 30 Interest expense $360

(108,000*4%*1/12)

Interest payable $360

c) Journal entry

Date Account and explanation Debit Credit

Dec 10 Notes payable $108,000

Interest payable (360*6) $2,160

Cash $110,160

d) Total (interest expenses)

Interest payable = $360 * 6

= $2160

5 0

3 years ago

Read the following except from a warranty. What time period is this warranty for? "This warranty is given by XYZ motors. The Zoo

ArbitrLikvidat [17]

Answer:

The warranty period is for three years.

Explanation:

A warranty is a promise a buyer receives from the seller that the latter will repair or replace the product should it develop defects within a stated period. Warranties are granted with specific conditions. The universal condition is that the defects in the product are a result of the manufacturing process and not the buyers' misuse. The defect must occur within a stated period.

In the case of XYZ, the stated period is three years. However, the seller has introduced another condition of "or 30,000 miles whichever comes first." For business reasons, and from market experience, the seller expects that XYZ will use the vehicle at an average rate of 10,000 miles per year. At this rate, the warranty will last for three years. Should the buyer use the vehicle at a faster rate than this, the 30,000 miles will be exhausted earlier, which will bring the warranty to an end. If XYZ uses the vehicle at a slower or the expected rate, the warranty will last for three years.

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3 years ago

Knight Company reports the following costs and expenses in May. Factory utilities $16,120 Direct labor $69,685 Depreciation on f

GarryVolchara [31]

Answer:

a. $180,850

b. $390,269

c. $74,837

Explanation:

a. The computation of the manufacturing overhead is shown below:

= Factory utilities + Depreciation on factory equipment + Property taxes on factory building + Indirect factory labor + Indirect materials + Factory repairs+ Factory manager salary

= $16,120 + $13,703 + $2,894 + $52,814 + $83,926 + $3,044 + $8,349

= $180,850

b. The computation of the product cost is shown below:

= Direct materials used + Direct labor + manufacturing overhead

= $139,734 + $69,685 + $180,850

= $390,269

c. The computation of the period cost is shown below:

= Sales salaries + Depreciation on delivery trucks + Repairs to office equipment + Advertising + Office supplies used

= $49,631 + $4,044 + $2,185 + $15,670 + $3,307

= $74,837

7 0

3 years ago

Select all that apply.

uysha [10]

Set goals, develop team structure, create a unified commitment.

3 0

3 years ago