Answer:
Price Skimming
Explanation:
Price skimming is one kind of price-setting strategy where marketers set a relatively higher price when the product launch initially in the market. Generally, the producer sets a higher price rather than it should prevail in the market, and later on, the price goes down due to lower demand. Price skimming strategy only applicable to a new product that is about to launch in the market. It is generally done by fancy advertising of the product.
Checks written in November $9,750
Less: Checks paid by bank in November $8,800
Checks outstanding at the end of November $950
Add: Checks written in December $11,762
Less: Checks paid by bank in December 10,889
Checks outstanding at the end of December $1,823
hope this helps!
- a random freshman
Answer:
Increase of 130 million
Explanation:
In this question, we are looking to evaluate what has happened to change in deferred tax assets. We proceed as follows;
Firstly, we calculate the current tax.
Mathematically = 40% of 400 million = 40/100 * 400 million = 160 million
Now, as we can see in the question, a decrease in deferred tax asset resulted in an increase in tax expense to a tune of $50 million
This brings the total tax expense to 160 million + 50 million = 210 million
We can see from the question that the company has only recognized a tax expense of $80 million.
This means that the change in deferred tax asset was an increase of 210 million- 80 million = $130 million
The three part process for problem solving are:
1. Analyse the problem: take the problem into parts and consider what could be done and what could not be done.
2. Solve for the unknown: decide on a suitable solution based on the results of the analysis that you carried out.
3. Evaluate the answer: Evaluate your solution to see if it the very best you can come up with.
Answer:
Be smart and watch out for snakes
