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7nadin3 [17]
3 years ago
15

Which markets compete in non-price competition?

Business
2 answers:
stich3 [128]3 years ago
7 0

Answer:

Markets that dominate  ( oligopoly firms )

Explanation:

A non-price competition is a type of business strategy used by firms who sell similar products to try and win more customers to themselves by not using price reduction as a strategy but using other forms of business/marketing strategies like modifying its products packaging styles, giving out coupons, talking about how wonderful their customers service is and also talking about how convenient doing business would be. they can even refer potential customers to existing customers reviews made on their products.

Oligopoly firms are a group of small number of firms who have actually dominated a particular market by selling in larger quantities. they usually determine the price structure due to their Dominance in the market.

Svetlanka [38]3 years ago
4 0
 <span>Which markets compete in non-price competition? The companies and brands that compete in non-price competition are brands that are known, name brands with those that are generic. Even though generic brands are known for being cheaper, most brand-name goods sell more products because of their name. </span>
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Plus Company uses the estimate of receivables method of accounting for uncollectible accounts. Plus Co. estimates that $4412 of
Darina [25.2K]

Answer:

$4,412

Explanation:

If the company estimates that $4,412 of accounts receivables will be uncollectible, then it must record that number under the Allowance for Bad debts Account.

That account started the year with a $3,284 balance, it decreased by $1,826 (debt written off), and then must be adjusted by crediting $2,954 so its balance = $4,412 on December 31.

3 0
3 years ago
Ravine Corporation purchased 30 percent ownership of Valley Industries for $92,700 on January 1, 20X6, when Valley had capital s
Maslowich

Answer:

The Various answers are clearly explained in the Explanations. Thank you.

Explanation:

First, we calcuate the Net Income of Ravine Corporation Based on the FairValue Method

Year    OPerating Income    UnrealizedGain   Dividend inc.   Net Income

20x6   $140,000                  11,000                    6,000                        $157,000

20x7    80,000                     11,000                   12,000                     $103,000

20x8   220,000                     11,000                  12,000                   $243,000  

20x9   160,000                      11,000                  6,000                        $177,000

Kindly note, thta the dividend income for each year is based on 30% of the Dividend of Valley for that year for instance, Dividend income for 20x6 = 0.3 x $20,000 = $6,000

Next we calculate the Net Income of Ravine Corpoartion Under the Equity Method

Year    OPerating Income  Share ofo Income in Valley  Net Income  

20x6   $140,000                   9,000                                    149 ,000                        

20x7    80,000                    15,000                                    95,000                    

20x8   220,000                    3,000                                    223,000                      

20x9   160,000                  12,000                                     172,0000      

NOte as well that the Share of Income in Valley is 30% of the yearly net income of Valley Industries.                

Question B) Part 1

Ravine Corporation Journal Entries

S/N                                       Description                        Debit        Credit

1                                         Cash                                   12,000

                                        Dividend Revenue                                 12,000

Being the record of dividend received from valley industries

2.                                        Fair Value Adjustment       11,000

                             Unrealized holding gain or loss                       11,000    

Being the rcord of fair value change in value of the investments

Question B) Part 2

S/N                                       Description                        Debit        Credit

1                                         Cash                                   12,000

                                        Investment in Valley                               12,000

Being the record of dividend received from valley industries

2.                                        Investment in Valley      3,000

                             Investment Income                                        3,000  

BBeing the share of income of Ravine in Valley

6 0
3 years ago
43) An annuity is set up that will pay $1500 per year for ten years. What is the present value (PV) of this annuity given that t
11111nata11111 [884]

Answer:

PV= $9,626.49

Explanation:

Giving the following information:

Cash flow= $1,500

Interest rate= 9%

Number of years= 10

First, we will determine the future value, using the following formulas:

FV= {A*[(1+i)^n-1]}/i

A= cash flow

FV= {1,500*[(1.09^10) - 1]} / 0.09

FV= $22,789.395

Now, the present value:

PV=FV/(1+i)^n

PV= 22,789.395/(1.09^10)

PV= $9,626.49

4 0
3 years ago
Fiscal policy refers toa.changes in the interest rate.b.changes in the money supply.c.changes in the amount of physical capital
myrzilka [38]

the answer is d. discretionary changes in government spending and taxes

5 0
3 years ago
Population growth is highest in which countries answers apex
Umnica [9.8K]
Countries with little money (apex) earth scince [sem2]
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3 years ago
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