Answer:
A. Offer the product for free early on, and increase the price later.
Explanation:
Network effect occurs when the value of a product or service increases as more people use it.
For a company that believes its product will exhibit network effects and wants to get as many customers as possible to use the product,<u> it is best to offer the product for free to create a buzz around the product.</u>
This increases the chances of the people becoming aware of the product.
With time, <u>the company can increase the price of the product as people will be willing to pay for it because they consider it to be valuable.</u>
Answer:
The Sarbanes-Oxley Act
Explanation:
The name of the act was given because of the two leaders who jointly worked together to regain the trust of potential investors in the financial system. The act discussed the auditing requirements, directors roles and responsibilities and the signing of the annual report by the directors as well and also that the CFO and CEO will form an opinion about the firms future, goals and giving the undertaking that the financial statement are accurate according to their knwoledge.
Daimler AG agreeing to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, is an example of countertrade
<h3>What is Countertrade?</h3>
Countertrade is the means by which good and services is being paid for, with other goods or services, instead of with money.
Examples of countertrade include:
- Barter
- Counter purchase
- Offsets
From the question, since Daimler AG agreed to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, hence countertrade has occurred.
Learn more countertrade on brainly.com/question/14659049
Answer:
The item would be included in the bank reconciliation as an addition to the balance as per the records of the company.
Explanation:
Bank reconciliation is the procedure in which the balances of the entity accounting records for a cash account to the corresponding information on a bank statement is matched.
In this case, as the check is drawn by the company which means that the same amount is to be deducted from the company books but the amount of $430 got deducted which is a wrong amount as the actual amount is $340, so the amount to be added back to the balance as per company records.
Answer:
13,152.5
Explanation:
Given the the above parameters as mentioned in the question
To calculate the PV (Present Value)
We have PV = 5000 * 1.05 * [ 1/(1.0575)² + 1/(0.625)³ + 1/(1.065)⁴]
PV = 5000 * 1.05 * (0.8942094350 + 0.8337064929 + 0.7773230908) =
=> PV = 5000 * 1.05 * 2.5052390187
= 13,152.50
Therefore, in this case, using the forward rates, the present value of this annuity a year from now is 13,152.50