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sattari [20]
3 years ago
5

What is penetration pricing?

Business
1 answer:
nevsk [136]3 years ago
4 0
Your answer is
<span>B. Setting prices low in an attempt to gain increased market share</span>
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Assignment 2 (Due Week 3)
Nikolay [14]

Explanation:

Hi a warm greetings to you. This is " Your name" from one of the top companies in selling "car accessories". Our team who is very creative has come out with a new car accessories which would safe guard the person who drives the car , passenger, the car and also the person on the road. Let me not surprise you for more time, its an accessories which would give a beep if the drive fall asleep while driving. Isn't not essential to have to safe guard property and life? I know you would says yes like all our esteemed customers. We care for you and your lovely properties. Would you be interested to buy and we can deliver it within short span of time.

5 0
3 years ago
The price of digital cameras fell because of improvements in production technology. As a result, the demand for non-digital came
zavuch27 [327]

Answer:

The answer is: B) The statement is false. A decrease in the price of digital cameras would decrease the demand for non-digital cameras, but a decrease in the price of non-digital cameras would not cause the demand for non-digital cameras to decrease.

Explanation:

Suppose we are not currently living in 2019, instead we are back 12 years to 2007 (before the iPhone). Back then , digital cameras were still used by common "unprofessional" users. Digital cameras were an improvement compared to non-digital cameras, so the price of non-digital cameras were much lower than their digital counterparts.

If the price of digital cameras decreased, then the price of non-digital cameras would decrease also. For example, if luxury car companies like Mercedes Benz started selling sedan cars for $20,000, Ford and Chevrolet would be forced to lower the price of their cars since they wouldn't be able to compete with MB at the same price.

But a decrease in the price of non-digital cameras would never decrease their demand. Something else would have caused that decrease. Probably digital cameras became so cheap that everyone could afford one and since they were so much better than non-digital cameras, people simply stopped buying non-digital cameras.  

8 0
3 years ago
The ________ principle states that a dollar today is worth more than a dollar in the future.
zheka24 [161]
_The time value of money_ principle states that <span>a dollar today is worth more than a dollar in the future.

Hope this helps</span>
3 0
3 years ago
The Jamesway Corporation had the following situations on December 2021. On December 10, 2021, Jamesway received a $4,800 payment
MariettaO [177]

Answer and Explanation:

The Journal entries are shown below:-

1. Deferred Service Revenue A/c Dr, $4,800

        To Revenue A/c  $4,800

(Being Revenue recognized is recorded)

2. Advertisement Expense A/c Dr, $1,800 ($3,600 ÷ 40 × 20)

           To Prepaid Advertisement A/c  $1,800

(Being expense recognized is recorded)

3. Employees Salaries A/c Dr, $24,000

         To Outstanding Employees Salaries A/c $24,000

(Being expense & liability is recorded)

4. Interest expense A/c Dr, $1,500 (($50,000 × 9%) ÷ 12 × 4

               To Interest Liability A/c  $1,500

(Being Interest expense and Liability is recorded)

6 0
3 years ago
What is owners’ equity for 2015 and 2016? b. What is the change in net working capital for 2016? c. In 2016, Cabo Wabo purchased
Pachacha [2.7K]

Answer:

The concluding part of this question is below:

Partial Balance Sheets as of December 31, 2015 and 2016

Current Assets 2015: $2,718 2016: $2,881 Current Liabilites 2015: $1,174 2016: $1,726

Net Fixed Assets 2015: $12,602 2016: $13,175 Long Term Debt 2015: $6,873 2016: $8,019

2016 Income Statement

Sales $40,664

Costs $20,393

Depreciation $3,434

Interest paid $938

a.Owner's is the balancing figure using the equation Assets=Capital+Liabilities

Which are $7273 and $6311 respectively

b.Change in net working capital=Ending NWC-Opening NWC

                                                      =($2881-$1726)-($2718-$1174)

                                                       =$-389

C.fixed asset sold==$12602+$7160-$3434-$13175=$3153

(beginning Net Fixed Asset+purchases-depreciation-ending Net Fixed asset)

Cash flow from assets for 2016: = Cash flow from operations - Capital spending - Change in NWC

Cash flow from operations = EBIT + depreciation-taxes = $16837+$3434-$6360 = $13912

Capital spending = Ending Fixed assets -Beginning Fixed assets + depreciation = $13175-$12602+$3434 = $4007

Change in NWC = - 389 (calculated under  above)

Therefore, cash flow from assets = $13912-$4007-(-)$

389 = $10,294

Total debt paid during the year = Opening debt - closing debt + new debt

=$6873-$8019+$2155 = $1009

Cash flow to creditors = Opening debt - closing debt + interest expense= $6873-$8019+$938 = -$208

Explanation:

BALANCE SHEETS 2015 2016 INCOME STATEMENT FOR 2016  

Current assets 2718 2881              Sales           40664  

Net fixed assets 12602 13175              Costs      20393  

                               15320  16056                  Depreciation 3434  

Current liabilities 1174 1726                  EBIT        16837  

LT debt 6873 8019                                Interest        938  

Owners' equity 7273 6311                   EBT     15899  

           (15320-1174-6873)(16056-1726-8019) Tax at 40% 6360

                              5320 16056             Net Income 9539

8 0
3 years ago
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