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4 years ago

9

Qriosity inc. comes out with a new antivirus program and prices it at half price to attract buyers. the company is using _______

_. value-added pricing promotional allowances market-penetration pricing marketing-skimming pricing reference pricing

1 answer:

Talja [164]4 years ago

6 0

<span>The company is using market-penetration pricing.</span>

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Bravo Automotive provide repair services for $250 on account. What account will be debited?

algol [13]

Answer:

The correct answer is: Accounts receivable.

Explanation:

Accounts receivable is an accounting term used to refer to the money that is owed to a company by its customers. The company that may be individuals or corporations are the debtors since they owe money for the goods or services provided by the company on credit. Accounts receivable are recorded as a current asset in the Balance Sheet.

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3 years ago

A customer of Razor Sharpeners alleges that Razor's new razor sharpener had a defect that resulted in serious injury to the cust

Setler [38]

Answer:

Razor should accrue a liability in the amount of $0.

Explanation:

If the likelihood are likely and the quantity can be calculated with satisfactory precision, a contingent liability is to be accumulated. The amount cannot be calculated with reasonable precision in the given situation so no liability is to be acknowledged. Therefore Razor should accrue a liability in the amount of $0.

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3 years ago

What has democracy come to mean in practice

Irina-Kira [14]

In practice, democracy means a system of government that allows for the following norms:

Human rights protection
Existence of the rule of law
Periodic free and fair election of government officials
Active participation of the citizenry in politics and civic life.

<h3>What is democracy?</h3>

Democracy is a form of government whereby people decide who governs them and how they govern.

Democracy represents free choice, the recognition of the human rights of the governed, and having elected representatives in government.

Autocrats or despots do not control democratic governments.

Thus, democracy originally meant power held by the people. In practice, it connotes the observance of political and social principles suitable for a free society.

Learn more about democracy at brainly.com/question/3710021

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4 0

2 years ago

Xenox Company had net credit sales during the year of $1300000 and cost of goods sold of $800000. The balance in accounts receiv

Lunna [17]

Answer:

8 times

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.

Given:

Net credit sales = $1,300,000

Beginning accounts receivable = $185,000

Ending accounts receivable = $140,000

Accounts receivable turnover is the ratio of net credit sales to average accounts receivable.

It can be calculated as:

Average accounts receivable = $\frac{Beginning accounts receivable + Ending accounts receivable}{2}$

Average accounts receivable = $\frac{185,000 + 140,000}{2}$

Average accounts receivable = $\frac{325,000}{2}$

Average accounts receivable = $162,500

Accounts turnover ratio = $\frac{Net credit sales}{Average accounts receivable}$

Accounts turnover ratio = $\frac{1,300,000}{162,500}$

Accounts turnover ratio = 8 times

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3 years ago

Type the correct answer in the box. Spell all words correctly.

BabaBlast [244]

Answer:

minimize

Explanation:

Tax Liability refers to the tax amount owed by the person or company and which is paid to the local tax authorities. However, there are certain rules that assist in calculating the tax liability of an individual or company. In order to minimize this amount an individual or a company needs to properly plan their financial benefits (such as income, savings and/or dividends) and discuss with tax consultant on the best way to minimize the tax liability.

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3 years ago