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Elenna [48]
3 years ago
7

GoodFurn Furniture Company has recently moved to a new, larger location. At the new location, it has been unable to attract suff

icient customers. Its owner did not have the cash to pay the current loan installment due for the building and inventory So, he decided to reduce all merchandise prices by at least 50 percent for a weekend sale to earn enough to make his loan payment. In this case, the owner's pricing objective can be classified as:
a. market share maximization.
b. satisfactory profits.
c. asset maximization.
d. sales maximization.
Business
1 answer:
Vedmedyk [2.9K]3 years ago
3 0

Answer:

d. sales maximization.

Explanation:

Sales maximization is the objective of a firm which involves selling as many units of a good or service as possible, without making a loss.

Implies sacrificing some short-term profit with a view to achieving a longer-term gain. For example, while seasonal ‘sales’ may result in lower profits, space is created as stocks are cleared, and more profitable lines can be introduced.

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A withdrawal of cash from a bank that does not put the bank's reserves below the level of required reserves will ______.
Svetach [21]

If there is a withdrawal of cash from a bank which does not go below the required reserves, the withdrawal will not change money supply but will reduce bank checkable deposits.

<h3>What does withdrawing from a bank do?</h3>

If one withdraws money from a bank, it will reduce the bank's checkable deposits as these are made of cash that was deposited by entities.

As regards total money supply however, these withdrawals will only have an impact if the withdrawal causes bank reserves to fall below the required reserves.

Find out more on required reserves at brainly.com/question/10684321.

4 0
2 years ago
what circumstances could impact a business ability to share their profits with non profit organizations​
Juli2301 [7.4K]

A non- profit organisation cannot gain profit from the business.

Explanation:

In case of non profit organisation the main aim is to help with health care as well as education. Non- profit organisation is important because it helps in building healthy communities and it also helps in maintaining mobility and stability.They help in strengthening communities as well as non profit leader acted as people's voice.

The circumstances that impact a business ability to share their profits with non profit organisations are the non profit organisation acts as a pulse for the community, non profit organisation helps to develop corporate culture, the volunteers grow as organisation grows.

8 0
3 years ago
How would you respond to your manager in the meeting?
anygoal [31]

What is the topic about? I need more details.

3 0
3 years ago
Read 2 more answers
Todd wants to be sure everyone gets the message about a special speaker coming to their next meeting, so he should use a lot of
Zepler [3.9K]

Answer:

True.

Explanation:

Presentation can be defined as an act of talking or speaking formally to an audience in order to explain an idea, piece of work, project, and product with the aid of multimedia resources or samples.

Formatting is a feature found in a lot of word processing software applications such as Microsoft Word, Notepad, etc., which is designed to avail end users the ability to apply specific formatting options such as cut, bold, italics, underline, etc., to texts based on certain defined criteria.

Basically, it is used for highlighting, emphasize, comparing or differentiating between data (information) stored in a text document.

In this scenario, Todd wants to be sure that the message about a special speaker attending their next meeting is conveyed to the members.

Therefore, he should use a lot of unique formatting such as italics or underlining in the newsletter to be sent out, so as to get their attention.

7 0
3 years ago
On January 1, 2008, Pacer Company paid $1,920,000 for 60,000 shares of Lennon Co.’s voting common stock which represents a 45% i
Fittoniya [83]

Answer:

The balance in the Investment in Lennon Co.account found in the financial records of Pacer as of December 31, 2008 was $2,071,500

Explanation:

In order to calcuate the balance in the Investment in Lennon Co.account found in the financial records of Pacer as of December 31, 2008 we would have to calculate the following formula:

Net balance=Investment made+share of net income-dividend

Investment made = $1,920,000

share of net income= $670,000*45%= $301,500

dividend= $2.5*60,000= $150,000

Therefore, Net balance= $1,920,000 + $301,500 - $150,000

Net balance= $2,071,500

The balance in the Investment in Lennon Co.account found in the financial records of Pacer as of December 31, 2008 was $2,071,500

7 0
3 years ago
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