Answer:
total estimated cash collections = $300,050
Explanation:
estimated collections during June:
collections of credit sales from May = $257,000 x 65% = $167,050
collections from credit sales before May = $50,000
collections from credit sales during June = $332,000 x 25% = $83,000
total estimated cash collections = $300,050
the write offs and the bad debt provisions are not included in this calculation.
Answer:
The correct answer is letter "D": brand equity.
Explanation:
Brand equity is the value a company gains from its name recognition. To ensure customer loyalty the brand equity so valuable, companies must consistently produce quality products. This creates loyal customers who are willing to pay more for a preferred brand.
Answer:
Explanation:
Provided that the demand is inelastic, there would be an increment in revenue.
Total revenue is calculated as the quantity of a good sold multiplied by its price.
There is a close interrelation between price elasticity of demand and total revenue, in the sense that they deal with the same two variables - which are price and quantity.
If the product has an elastic demand, revenue can be increased by decreasing the price of the good. Q will increase at a greater rate, while P will decrease, thereby, increasing the total revenue.
If the product has an inelastic demand, then the prices of goods can be increased and sold slightly less of that item but a higher revenue must be obtained.
Answer:
1. False. The peak of 86 MILLION occurred in the year of 1996 and not in 2001 as per the reports of food and agricultural organisation of UN.
2. True. The given statement is correct from the source.
3. False. As per the research conducted on the basis of catch reconstruction, the catches have been declining due top several reasons.
4. The last statement is totally correct as verified by the source mentioned.
Answer:
high
Explanation:
the most popular time of year at a resort, hotel, or tourist attraction, when prices are highest
