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3 years ago

Which of the following is not an example of price discrimination by the only movie theater in town?

Business

1 answer:

malfutka [58]3 years ago

5 0

Answer: Charging one price at all times for all customers (D)

Explanation:

Price discrimination is a pricing strategy where identical or similar goods or services are sold at different prices by the same producer to the customers. In price discrimination, companies charge customer different prices based on the willingness and ability of the customers to pay.

This can be seen on cinemas as people are charged different prices and airline companies. In the question above, charging a lower price for children, matinees and people over 65years are price discrimination. For price discrimination not to exist, everyone must pay the same price for enjoying similar good or service.

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Grant Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books,

ddd [48]

Answer:

a. $4,160.

Explanation:

The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.

These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

The adjusted cash book balance is one that contains the necessary adjustments to transactions captured in the bank statement but yet to be recorded in the books.

The adjusting items are

Notes receivable and interest collected by bank 850
Bank charge for check printing 20
NSF check 170

Hence the adjusted cash balance

= $3500 + $850 - $20 - $170

= $4,160

6 0

3 years ago

Hardware is adding a new product line that will require an investment of $ 1 comma 450 comma 000. Managers estimate that this in

ozzi

Answer:

6.83%

Explanation:

The computation of the accounting rate of return is shown below:

As we know that

Average accounting rate of return = Average annual operating income ÷ Initial Investment

where,

Average annual operating income is

Year 1 net cash inflow $320,000

Year 2 net cash inflow $280,000

Years 3-10 ($230,000 × 8) $1,840,000

Total net cash flows $2,440,000

Less: Total depreciation ($1,450,000)

$990,000

Divided it by years of life ÷ 10 years

Average annual operating income $99,000

So,

Average accounting rate of return is

= $99,000 ÷ $1,450,000

= 6.83%

6 0

3 years ago

5. Describe what causes a change in demand.

Misha Larkins [42]

Answer: A change in demand describes a shift in consumer desire to purchase a particular good or service, irrespective of a variation in its price. The change could be triggered by a shift in income levels, consumer tastes, or a different price being charged for a related product.

Explanation: mark me brainly please

3 0

2 years ago

Conor broke his wrist while playing basketball in the backyard. He ended up in the hospital. After an X-ray, MRI, doctor visit a

Anna11 [10]

Answer:

$6,000

Explanation:

A deductible is the amount Conor has to pay before his medical bills and prescriptions start getting coverage from his insurance.

Step 1: 10,000 - 2,000 = 8,000

A co-pay is a fixed amount the insured has to pay for certain medical services.

Step 2: 20% of 8,000 or 0.20 times 8,000 = 1,600

Step 3: add $2,000 (the deductible you have to pay) and $1,600 (the co-pay)

Total amount that Conor will have to pay for the hospital: $3,600

3 0

3 years ago

Ajax Computer Company is an accrual-method calendar-year taxpayer. Ajax has never advertised in the national media prior to this

SOVA2 [1]

Answer: No deduction can be claimed this year.

Explanation:

The options to the question are:

a. No deduction can be claimed this year.

b. $5.50 million

c. $2,500,000

d. $5.50 million only if the professional golf tournament is played before April 15.

Answer:

Since Ajax Computer company is an accrual method calender-year tax payer, the computer company would recognize the expenses only when such expenses are incurred and not at the time that cash is being paid for the the expenses

Ajax computer company already paid in advance for both advertisements the following year even though the advertisement eanst taking place that year. Therefore, the payments will not be considered to be an expense until advertisements has actually taken place. Because of this, Ajax cannot deduct the amounts paid for the advertisements next year and hence, no deduction will be claimed this year.

4 0

3 years ago