Answer:
loss leader pricing strategy
Explanation:
The type of strategy that is being described is known as a loss leader pricing strategy. This is a pricing strategy in which a product is sold at a price below its market cost in order to be able to stimulate other sales of more profitable goods or services. In such a scenario, the "leader" product is any popular item that the company is selling, and this item is the one that receives the price cut in order to attract customers that were already interested in it to the other products.
Answer:
4. to gain access to low-cost inputs of production
Explanation:
The reason for Exxon Mobil to opt for this strategic alliance, Whereas the remaining ones are not relevant in this context may be because it can help to gain access to low-cost inputs of production.
Answer:
The correct answer is letter "A": determines that expenses related to revenue be reported at the same time the revenue is reported.
Explanation:
According to the matching accounting principle, during the same accounting period, the revenues and expenditures needed to generate such revenues have to be recorded. This is part of the accrual accounting method that specifies expenses and revenue must be recorded when incurred not when cash is received.
Answer:
Debit Unearned Rent Revenue, $3660; credit Rent Revenue, $3660
Explanation:
Cash collected in advance results in the debit in cash account and a credit to Unearned Rent Revenue.
To recognized revenue when it is earned, the entries required are credit revenue and debit Unearned Rent Revenue with the amount earned.
Revenue earned by Novak Corp
= 1/6 × $21,960
= $3,660
Entries required are debit Unearned Rent Revenue, $3660; credit Rent Revenue, $3660
As far as i remember, those three things are :
- Focus on doing one thing at a time. We tend to do many things all together that make us lost our focus
- Taking small steps in order to change
- SAving up for the benefit of our future
hope this helps
