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dedylja [7]
3 years ago
8

When Teresa went into the furniture store to buy a new sleeper sofa, she thought the prices quoted by the salesperson were too h

igh, so she prepared to leave. As she neared the door, the salesperson asked if she would be interested in buying the sofa if the price was $150 lower. Teresa returned to the store, purchased the sofa, and felt like she had gotten a good deal. The furniture store uses:______
a. customary pricing
b. one-price
c. flexible-price
d. standard markup
e. blanket price
Business
1 answer:
Gnom [1K]3 years ago
6 0

Answer:

c. flexible-price

Explanation:

A flexible pricing policy provides room for the business and the customer to negotiate for the final price of a product.  In other words, the price indicated on the item is not fixed.  The seller and buyer can agree to alter it either upwards or downwards.

A flexible pricing strategy enables a business to adjust its prices to suit the market demand. It will allow a company to counter low prices by competitors in cases of price wars. In some instances, businesses set slightly high prices to provide for negotiations.  Flexible pricing is common, especially in tailor-made products.

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"Motorcycle Manufacturers, Inc. projected sales of 76,000 machines for 2010. The estimated January 1, 2010, inventory is 6,500 u
iVinArrow [24]

Answer:

Production= 76,500

Explanation:

Giving the following information:

Motorcycle Manufacturers, Inc. projected sales of 76,000 machines for 2010. The estimated January 1, 2010, inventory is 6,500 units, and the desired December 31, 2010, inventory is 7,000 units.

We need to use the  following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 76,000 + 7,000 - 6,500

Production= 76,500

4 0
3 years ago
Read 2 more answers
For each of the following, compute the present value: (Do not round intermediate calculations and round your answer to 2 decimal
timurjin [86]

Answer:

Present value = FV / (1 + r)^t

1. PV = $19,415 / (1 + 0.07)^15

PV = $19,415 / (1.07)^15

PV = $19,415 / 2.759031

PV = $7,036.89

2. PV = $47,382 / (1 + 0.11)^8

PV = $47,382 / (1.11)^8

PV = $47,382 / 2.3045378

PV = $20,560.31

3. PV = $312,176 / (1 + 0.10)^13

PV = $312,176 / (1.10)^13

PV = $312,176 / 3.4522712

PV = $90,426.27

4. PV = $629,381 / (1 + 0.13)^25

PV = $629,381 / (1.13)^25

PV = $629,381 / 21.230542

PV = $29,645.07

5 0
3 years ago
Some club members want to increase membership dues by $7.00.Other club members want to increase them by $3.00.They have reached
Kipish [7]

Answer:

Option E (Compromising) would be the correct choice.

Explanation:

  • A conflict mediation method of consensus attempts to discover a reason to reasonably pleasing parties and from both sides of the debate.
  • When it becomes more necessary to optimize a compromise than for the conclusion to always be perfect, a deadline is fast approaching, even at such an ongoing crisis, because you need a workable measure only for the moment, such style might be suitable to be using.

The other choices aren't relevant to the situation presented. Because otherwise, that is the right answer.

5 0
3 years ago
Portman Industries just paid a dividend of $1.68 per share. The company expects the coming year to be very profitable, and its d
alisha [4.7K]

Answer:

What is the expected dividend yield for Portman's stock today?

d. 6.40%

Suppose Portman is considering issuing 62,500 new shares at a price of $26.78 per share. If the new shares are sold to outside investors, by how much will Judy's investment in Portman Industries be diluted on a per-share basis?

a. $0.52 per share

Thus, Judy's investment will be diluted, and Judy will experience a total loss of $0.52 x 7,500 = $3,900

Explanation:

cost of equity = Re = risk free rate of return + (Beta × market premium) = 5% + (0.90 x 6%) = 10.4%

dividend in one year = $1.68 x 120% = $2.016

intrinsic stock price = $2.016 / (10.4% - 4%) = $31.50

expected dividend yield = dividend / stock price = $2.016 / $31.50 = 6.4%

Judy's loss per share = ($31.50 - $26.78) x (62,500 / 562,500) = $0.5244

7 0
3 years ago
Fashion Mart Corp., a clothing company, offers the best quality material made using the finest threads and advanced textile mach
const2013 [10]

Answer:

a differentiation advantage

Explanation:

This scenario best illustrates a differentiation advantage. This is basically when a company is able to offer a product that, despite being the same as the competitor's product, is slightly different or offers something that the competitors do not. This small difference is what attracts the customers and increases profits. In this case, Fashion Mart Corp is differentiating their product by providing a guarantee of quality, which the competitors offering similar products cannot offer.

7 0
3 years ago
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