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umka21 [38]
3 years ago
15

Emilio saw a wonderful all-in-one kitchen appliance for sale on TV. The appliance would allow him to get rid of six small applia

nces and leave more room in his kitchen. Emilio called the number and agreed to purchase the product. He then found out that the price only covered the product base and he would have to purchase each appliance add-on individually. When he did, this the product cost significantly more than he originally thought. This is known as the
Business
1 answer:
icang [17]3 years ago
6 0

Answer:

C) low-ball technique.

Explanation:

The low ball sales technique is legal, although it is also deceiving. It refers to a technique where a good or service is offered at a low price to attract customers' attention, and then the product or service is offered at a much higher price to include all the amenities or functions initially offered.

This is a very common car sales technique where a car is advertised at a certain price and the features offered correspond to a higher trim. Once the customers approach the dealership, they are told that the advertised price was for the basic model and that the advertised car is actually worth much more.

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Calculating Net Cash Flow from Operating Activities (Indirect Method) Lincoln Company owns no plant assets and reported the foll
qwelly [4]

Answer:

(a) Net Cash flow from operating activities = 115,000

(b) Net Cash flow from operating activities (NCOA) to current liabilities (CL) :

Current liabilities = 22000+9000 = 31000

NCOA to CL = 115,000/31000 = 3.71

Explanation:

Income Statement

                                                                                       $

Sales                                                                        750,000

Cost of Goods sold                                               <u> (470,000) </u>

Gross profit                                                             280,000

Wages expenses                                                   (110,000)

Rent expenses                                                        (42,000)

Insurance expenses                                              <u> (15,000)</u>

Net Income                                                             <u>  113,000</u>

<u />

Cash flow Statement

Net Income                                                                 113,000

Cash flow from operating activities :  

Increase in Receivables (54,000-49,000)                (5,000)

Decrease in Inventories (66,000-60,000)                6,000

Increase in prepaid Insurance (8000-7000)             (1000)

Increase in Accounts Payable (22000-18000)         4000

Decrease in wages payable (11000-9000)               <u>(2000)</u>

Net increase in cash flow from Operating activities 115,000

5 0
3 years ago
_____ asserted in an article in the Harvard Business Review that modern transportation and communications technologies are facil
Murrr4er [49]

Answer:

Theodore Levitt

Explanation:

Theodore Levitt was an American economist and professor at the prestigious Harvard Business School (Cambridge, Massachusetts). Also editor of the economic magazine Harvard Business Review (HBR) where they published their articles. It marked a milestone in creating the concept of "globalization" focused on an economic point of view, specifically in its article "Globalization of Markets" was where he referred to it for the first time, thanks to what became very popular and joined the currents of economist thinking.

5 0
2 years ago
What is an incentive for a person to contribute to an IDA? It earns the highest interest rates available at a bank. It is good f
vagabundo [1.1K]
The correct answer for the question that is being presented above is this one: "An organization matches the amount deposited." An incentive for a person in order to contribute to an IDA is that an organization matches the amount deposited.
5 0
3 years ago
Read 2 more answers
Starbucks has signed a contract with a television production company to have its brand featured prominently in a new situation c
vampirchik [111]

Answer: The advertising strategy used is product placement.

Explanation:

Product placement also called embedded marketing, is a form of advertising technique which involves referencing a specific brand/product done by incorporating it into another work, such as a movie or television show, with specific intent to promote the product.

product placement is the intentional incorporation of references to a product/brand in exchange for compensation or cash payment .

Product placements may range from appearances not attracting attention within an environment, to major integration and acknowledgement of the product within a program or a show.

Common categories of products placed on product placements include automobiles, consumer electronics, beverages(in the case of the example), drinks, clothing.

6 0
2 years ago
Interest rates rise faster in Scotland (GBP) than they do in the United States (USD). Which nation’s currency appreciates? Which
patriot [66]

There is very simple logic between demand and supply. When demand is high, price rises and currency appreciates in its value. On the other hand, price should decline if import rate is mare compared with export rates. As prices of U.S goods increases which ultimately goes to international market where producers have to pay domestic currencies. Americans will demands comparatively less expensive goods. So it will result in supplying more dollars to foreign exchange market.

Finally, increasing demand of pounds. Finally, U.S dollars appreciates and pound depreciates. Trade value is amount by which total import value deviates from export value. Due to changes in interest rates results in trade imbalance in U.S. There is not greater effect on Scotland as it is key player in transporting of energy products to rest of U.K.

6 0
3 years ago
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