<span>Derek's
company was bidding on the construction of a new penguin display at a
world-famous zoo. when putting together his bid, derek began by
determining what the zoo would be willing to pay for the structure, and
then subtracting a reasonable profit for the company. the result would
be the cost of production. for example: if price to zoo = $6 million,
and company profit margin = $2 million, the cost to produce cannot
exceed $4 million. [$6 million - $2 million = $4 million.] the
demand-based pricing strategy in this example is called target costing.
</span><span>Target costing is an approach to determine a product's life-cycle cost
which should be sufficient to develop specified functionality and
quality, while ensuring its desired profit. It involves setting a target cost by subtracting a desired profit margin from a competitive market price.</span>
Answer:
$703,575
Explanation:
The computation of the net realizable value of accounts receivable is shown below:-
Net realizable value of accounts receivable = Accounts Receivable - Allowance for doubtful accounts
= $726,887 - $23,312
= $703,575
So, for computing the net realizable value of accounts receivable we simply applied the above formula.
True. If you are a responsible co- worker you can watch out for others.
hope this helps you.=)
Answer:
It's been pretty good I guess
Answer: False
Explanation:
Even if you have a reliable income but you have no credit history, you will be seen as a something of a risk because you don’t yet have a track record.
Therefore a credit card company will charge higher interest rate due to the potential risk because of lack of track record .
