I would say this occurs if you pay attention to the demographics of the local population ie especially the age group so that the particular age group can be targeted with products that are appropriate for them as different age groups of people have different needs.
Answer:
Company logo cost and the two year service contract
Explanation:
The capitalized cost of the asset includes those costs that is shown on the asset side of the balance sheet.
In the given scenario, the capitalized cost includes acquisition cost, sales cost, and the title transfer fee
But the cost that is not capitalized and is not reflected on the balance sheet is a company logo on the van and the two-year service contract
Maria recently put her house on the market at an asking price of $260,000. She realizes, however, that in order to sell the house, she may have to use price skimming
<h3>What is
price skimming?</h3>
Price skimming is a pricing strategy that a company can use when launching a new product or service.
Price skimming is commonly used for new technologies. DVD players are an excellent example of this. When DVD players first became available in the late 1990s, they could cost up to $1,000. If you do a quick search on Amazon, you'll find that a new DVD player costs only $33.
The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. When a product is new to the market, skimming is commonly used (in its introduction or growth phase)
To know more about price skimming follow the link:
brainly.com/question/24263055
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Answer:
Explanation:
The journal entry is shown below:
On July 1
Prepaid Insurance A/c Dr $10,480
To Cash A/c $10,480
(Being prepaid insurance is paid)
On December 31
Insurance expense A/c Dr $2,620
To Prepaid Insurance $2,620
(Being prepaid insurance is adjusted)
The computation is shown below:
= $10,480 ÷ 2 years × 6 months ÷ 12 months
= $2,620
Answer:
Sabrina’s Soccer has a comparative advantage over Stan’s Sporting Goods because Sabrina’s Soccer has a lower opportunity cost.
