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Grande communications offers a lower price to customers who subscribe to grande television, telephone, and internet services all

Marizza181 [45]

Grande communications offers a lower price to customers who subscribe to Grande television, telephone, and internet services all at once. This is an example of price bundling.

Price bundling is a pricing strategy where companies package separate products together and offer them at a single typically lower price in order for higher sales and profit.

Price bundling is very common these days as it is seen that these days there are various companies who sell two products together at a lower price than the sum of the individual price of each product. Thus, by this they sell two products and make their sales.

Hence, Grande communications offers a lower price to customers whoever subscribes to Grande television, telephone, and internet services all at once.

To learn more about Price bundling here:

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8 0

2 years ago

What are the 10 categories of business law?

AysviL [449]

Answer:

There are 10 categories of business law which are :

Contracts,
Securities Law,
Intellectual Property,
Income Tax,
Pensions & Benefits,
Trusts & Estates,
Immigration Law,
Labor Law,
Employment Law and
Bankruptcy.

Business laws have different fields which at taught in the law school. Like criminal law, Business law is also a category of law and these are the categories of business law which focuses on the working of corporations and businesses.

8 0

3 years ago

What can serve as search engines, site reminders, or personal surfing assistants? a. Shopping and information agents b. Data-min

sesenic [268]

Answer:

The correct answer is A. Shopping and information agents

Explanation:

When a customer needs to acquire goods in the market, he needs the best information regarding those goods. That will allow you to optimize your purchases and act with good judgment.

If it is a minor purchase, the customer can do a market study. But when they are imported products, or when it comes to foreign trade operations, it is when it is more advisable to go to these professionals.

A purchasing agent acquires supplies and goods of all kinds for its customers, which can be individuals or companies. These clients need the goods to be able to develop their economic activity, but they are not aware of the market in a broad sense. That is why they resort to the figure of the purchasing agent, to do that work for him.

To carry out their functions, purchasing agents follow several steps:

First they evaluate all the possible suppliers, investigating their degree of reliability and seriousness in the commercial relations.
They contact them, negotiating quantities and prices, to get the best possible product, at the best price.
Sometimes they request a sample of the product, to present it to the customer. This will determine if it suits your needs or not.
Manage the entire purchase chain, solving any problems that may arise, until the final delivery of the product takes place

3 0

3 years ago

You have the following information for Crane Company for the month ended October 31, 2022. Crane uses a periodic method for inve

Mazyrski [523]

Answer:

Crane Company

1. Weighted average cost per unit = $25.032

2. (1) LIFO (2) FIFO (3) Average-cost

Ending inventory $1,580 $1,940 $1,752

Cost of goods sold 6,180 5,820 6,008

Sales revenue $9,150 $9,150 $9,150

Gross profit 2,970 3,330 3,142

Gross profit rate 32.5% 36.4% 34.3%

Explanation:

a) Data and Calculations:

Date Description Units Unit Cost or Selling Price Total

Oct. 1 Beginning inventory 50 $22 $1,100

Oct. 9 Purchase 110 24 2,640

Oct. 11 Sale (90) $35 $3,150

Oct. 17 Purchase 90 26 2,340

Oct. 22 Sale (50) 40 2,000

Oct. 25 Purchase 60 28 1,680

Oct. 29 Sale (100) 40 4,000

Total 310 (240) = 70 $7,760 $9,150

Weighted average cost per unit = $25.032

LIFO:

Ending inventory

= (50 * $22) + (20 * $24)

= $1,100 + $480

= $1,580

Cost of goods sold = $7,760 - $1,580 = $6,180

FIFO:l

Ending inventory:

= (60 * $28) + (10 * $26)

= $1,680 + $260 = $1,940

Cost of goods sold = $7,760 - $1,940 = $5,820

Weighted-average costs:

Ending inventory = 70 * $25.032 = $1,752

Cost of goods sold = $7,760 = $1,752 = $6,008

6 0

3 years ago

Assume that a bond makes 10 equal annual payments of $1,000 starting one year from today. The bond will make an additional payme

ohaa [14]

Answer:

$79,208.48

Explanation:

The computation of the current price of the bond is shown below:-

<u>Number of Cash flow PV annuity factor Discounted cash </u>

<u>years flow</u>

1 -10 years $1,000 8.3166 $8,316.6

10 years $100,000 0.7089188 $70,891.88

Current price of the bond $79,208.48

Refer to the PV annuity factor so that we get to know the discounting factor value.

6 0

3 years ago