A ________ refers to a line of credit that is guaranteed by the bank

A hamburger stand near the local mall sells hamburgers for $3.99, drinks for $1.99, and fries for $1.49, while a gourmet restaur

wel

Answer:

Psychological pricing

Explanation:

Psychological pricing also known as price ending, charm pricing is a pricing and marketing strategy based on the theory that prices produces a psychological impact. This involves setting prices as odd prices being a little less than a whole number such as $9.99 or £2.99. It is believed that consumers think that this prices are lower than they actually are.

5 0

3 years ago

Read 2 more answers

What makes a business unique

bogdanovich [222]

Answer:

A lot of things can make a business unique since every entrepreneur has different ideas when starting a new business it depends on the persons approach to their business.

4 0

2 years ago

Read 2 more answers

Old School Publishing Inc. began printing operations on January 1. Jobs 301 and 302 were completed during the month, and all cos

Juli2301 [7.4K]

Answer:

WIP inventory 68,000 debit

Factory Overhead 8000 debit

Raw Materials Inventory 76,000 credit

WIP inventory 55.000 debit

Factory Overhead 12,400 debit

Factory Payroll payable 77,400 credit

WIP inventory 31,250 debit

Factory overhead 31,250 credit

Finished Goods Inventory 73,750 debit

WIP inventory 73,750 credit

Explanation:

Direct Materials used:

10,000 + 20,000 + 24,000 + 14,000 = 68,000

Direct Labor used:

8,000 + 17,000 + 18,000 + 12,000 = 55,000

Overhead Applied:

6,000 + 12,750 + 13,500 + 9,000 = 31,250

Overhead rate:

6,000 / 8,000 = 0.75

12,750 / 17,000 = 0.75

Finished goods:

24,000 + 49,750 = 73,750

7 0

3 years ago

Mark Crane purchased a $1,000 corporate bond five years ago for $1,055. The bond paid 7.0 percent annual interest. Five years la

lys-0071 [83]

Answer:

Mr Crane's total return on the bond investment was 5.35%

Explanation:

The return on a bond is also known as it yield to maturity (YTM). In order to find a bonds YTM we need to know its present value, future value, coupon payments and number of years. In this case the bond's present value is 1,055 because it was bought at this price, it's future value is 980 because it was sold for 980, its number of years was 5 as it was held for 5 years and its coupon payment was (0.07*1000)=70. Now in order to compute return or ytm we need to put all these values in a financial calculator and compute I

PV= -1055

FV= 980

PMT= 70

N=5

Compute I=5.35

The return on the bond investment was 5.35%

6 0

3 years ago

To respond to the structure of its industry, an organization should choose a __________.

Usimov [2.4K]

To respond to the structure of its industry, an organization should choose a __________.

Competitive strategy

8 0

3 years ago