Answer and Explanation:
Debit bad debt expense for $40,000 and credit allowance for uncollectible accounts for $40,000
Answer:
Explanation:
Player 1
If Player 1 chooses strategy A
then the player 2's best outcome of 23 comes from strategy C.
If Player 1 chooses strategy B
then the player 2's best outcome of 26 comes from strategy C.
Player 2
If Player 2 chooses strategy C,
then the player 1's best outcome of 14 comes from strategy B.
If Player 2 chooses strategy D
then player 1's best outcome of 14 comes from strategy A.
If Player 2 chooses strategy E
then player 1's best outcome of 20 comes from strategies A and B.
If Player 2 chooses to strategy F
then player 1's best outcome of 22 comes from strategy A.
Hence, the better off play of both player is as follow
- Player 1 plays strategy B
- Player 2 plays strategy C
<h2>The customer is motivated to tae the action at the Growth stage of advertising.</h2>
Explanation:
Product life cycle has four stages.
1. Introduction stage:
- Product is introduced in the market
- Sales is booming slowly
- Investment on advertisement is planned
2. Growth stage:
- It is also called early maturity stage
- Here where the product is advertised and product promotion is extensive
3. Maturity stage:
- Sales will be peak
- Product has reached the market
4. Decline stage:
- This occurs when sales is dropped out
- Production will be stopped
