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DiKsa [7]
3 years ago
9

Delta airlines prices its tickets so that it is less expensive to travel between midnight and 5:00

Business
1 answer:
svp [43]3 years ago
4 0
There are different types of pricing strategies: penetration pricing (entering the market with a low price), economy pricing (low marketing and low prices), premium pricing (when the price is higher than the competitors), psychological pricing (example $99, instead of $100), demand-based pricing (based on the demand of the customers).
<span>Delta airlines prices its tickets so that it is less expensive to travel between midnight and 5:00
a.m. than during the day, when there is heavy business travel. this illustrates demand-based pricing.</span>
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Almost 80% of business owners are clueless about the competition, resulting in
Lesechka [4]

Answer:

The correct answer would be lost market share and customers.

Explanation:

When companies start their business and their business starts to boom, they usually get busy in making their products better and better and usually forget to keep an active eye on the competition they have in the markets. Almost 80% of the business owners are clueless about the competition. Due to this negligence, companies start to loose their market share as well as the customers, because they don't have idea about what their competitors have introduced in the market and what strategies they have used to compete in the market.

6 0
3 years ago
The accounts in the ledger of Seaside Furniture Company as of August 20Y5 are listed in alphabetical order as follows. All accou
musickatia [10]

Answer:

Cash $426,800.00

Debit side $6,500,000.00

Credit side $6,500,000.00

Explanation:

Preparation of the Unadjusted trial balance

SEASIDE Unadjusted Trial Balance

DEBIT SIDE

Cash 426,800.00

Accounts Receivable 660,500.00

Prepaid Insurance 21,600.00

Supplies 11,200.00

Land 1,850,000.00

Dividends 36,000.00

Wages Expense 2,950,000.00

Utilities Expense 82,000.00

Rent Expense 390,000.00

Supplies Expense 23,700.00

Insurance Expense 18,000.00

Miscellaneous Expense 30,200.00

TOTAL $6,500,000.00

CREDIT SIDE

Notes Payable 75,000.00

Accounts Payable 118,600.00

Unearned rent 12,000.00

Common stock 150,000.00

Retained Earnings 1,814,400.00

Fees Earned 4,330,000.00

TOTAL $6,500,000.00

CASH will be the balancing figure since the total of both Debit and Credit columns of trial balance must equal.

Therefore the Unadjusted trial balance be:

Debit side $6,500,000.00

Credit side $6,500,000.00

8 0
3 years ago
Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $250,000; Patents and copyrights = $720
spayn [35]

Answer:

Common stock balance= $1,039,000

Explanation:

A balance sheet can be described as a financial statement that presents the assets, liabilities and shareholders' equity of a company.

Common stock refers to the security such shares that represents ownership in a company.

In order to determine the common stock account balance for Rogers Corp., its balance sheet is first prepared as follows:

Rogers Corp.

Balance Sheet

For the year 2018

<u>Particulars                                              $                         $             </u>

Intangible Assets:

Patents and copyrights                                                720,000

Tangible Assets:

Net fixed assets                                                         3,400,000

Current Assets:

Cash                                                   250,000

Accounts receivable                          129,000

Inventory                                        <u>    345,000  </u>

Total Current Assets                         724,000

Current Liabilities:

Accounts payable                            (530,000)

Notes payable                              <u>    (190,000)  </u>

Working Capital                                                                4,000

Long-term Liabilities:

Long-term debt                                                        <u>  (1,830,000) </u>

Net Total Assets                                                      <u>   2,294,000  </u>

Financed by:

Common stock (w.1)                                                   1,039,000

Accumulated retained earnings                            <u>    1,255,000   </u>

Owners' Equity                                                     <u>     2,294,000   </u>

Workings:

w.1: Common stock balance = Net total assets - Accumulated retained earnings = $2,294,000 - $1,255,000 = $1,039,000

4 0
3 years ago
Michelle always drives down hampton avenue to go to the work. one morning michelle discovers that hampton avenue is closed at wo
Vlad1618 [11]
She follows the Detour signs around the Work Area.
8 0
3 years ago
What is the purpose of a marketing plan?
Elza [17]

Answer:

The is purpose of marketing plan is to:define strategies to engage audiences in order to achieve business objectives

Explanation:

hope it helps

4 0
3 years ago
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