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Nastasia [14]
2 years ago
9

Dream Homes is an appliance store. It recently launched its own brand of freezers in order to build customer loyalty. The store

launched three different models to cater to low-, middle-, and high-income groups. The freezers are also priced accordingly. These freezers are exclusive to Dream Homes and cater to all customer segments.
This pricing strategy involving price points within a merchandise category is known as _________.

A. price lining
B. price bundling
C. odd pricing
D. zone pricing
Business
1 answer:
Alex787 [66]2 years ago
8 0

The Pricing strategy which Dream Homes implemented is known as Price lining (Option A) which categorized the prices accordingly with the financial soundness of the customers.

Explanation:

The demand for more goods always plays a vital role in ensuring good sales. The likes of the customers towards particular products depend upon the nature of unique features and its fine quality. By capturing the pulse of the purchasing power of the customers, the business ventures fixed the prices according to the level of economical weaker sections, middle, and high-income groups.

In this case, Dream Homes fix the price of freezers by measuring the ability of customers' to buy them without compromising with the customers requirements. Dream Homes uses the price lining method to gain customers' reputation by selling the products accordingly with their status of income level.      

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Pentagon FGHJK is similar to pentagon MPQST what is the value of x
melamori03 [73]

If pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.

<h3>Pentagon</h3>

Pentagon F G H J K=Pentagon M P Q S T

F K/ M T=J H/S R

Where:

F K=6cm

M T=9cm

J H=9cm

S R=x

Hence:

6/9=9/x

Cross multiply

6x=81

Divide both side by 6x

x=81/6

x=13.5

Inconclusion if pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.

Learn more about pentagon here:brainly.com/question/858867

8 0
1 year ago
Why would an entrepreneur be best suited to opening a new business, rather than buying an existing business or franchise?
Mariulka [41]

Answer:

For example, it's really easy to finance while buying in an existing business while starting a new one. In Addition tons of bankers and investors all around the world would feel more comfortable dealing with a business that already has had a proven track record.

Explanation:

3 0
2 years ago
The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: June 8
Soloha48 [4]

Answer:

The journal entries for all transactions are as follows;

Explanation:

June 8. Bad Debts Expense            Dr.$8,440

             Accounts-Receivable-Kathy Quantel  Cr.$8,440

Aug 14. Bank                Dr.$3,000

             Bad Debt Expense Dr. $9,500

             Accounts Receivable-Rosalie Oakes            Cr.$12,500

Oct 16. Accounts-Receivable-Kathy Quantel    Dr.$8,440

            Bad Debts Expense                               Cr. $ 8,440

         

           Cash                         Dr. $8,440

           Accounts-Receivable-Kathy Quantel   Cr.$8,440

Dec 31.   Bad debt Expense     Dr. 24,955

              Account Receivable-Wade Dolan Cr.$4,600

              A/R-Greg Gagne                             Cr.$3,600

              A/R-Amber Kisko                             Cr.$7,150

             A/R- Shannon Poole                         Cr.$2,975

             A/R-Niki Spence                                Cr.$6,630

6 0
3 years ago
CA1.4 (LO 1) (Financial Accounting) Omar Morena has recently completed his first year of studying accounting. His instructor for
natima [27]

Answer:

The complete answers are below.

Explanation:

a) The main difference between Financial Accounting and Managerail Accounting is its purposes and the stakeholders who make use of the information that each one provides.  

While financial accounting refers to the aggregation of accounting information in the financial statements, management accounting refers to the internal processes used to account for business transactions.

For instance: Financial accounting reports on the results of an entire business, Managerial accounting reports at a more detailed level. Financial accounting must comply with various accounting standards, whereas managerial accounting does not have to comply with any standards when information is compiled for internal consumption.

b) The financial statements most frequently provide are: Balance Sheet or Financial Position, Income Statement, Statement of cash flows and Statement of Changes in Equity.

c) In general, financial reports and financial statements differ in the formal status of financial statements in business and accounting, and these respond to standards such as GAAP and IFRS. While the financial reports have a format or presentation rules given by management, the financial statements, in the other hand, are prepared on regular basis as specific entities are required to do so according to applicable laws. It can be said that financial accounting provides financial statements and managerial accounting is responsible for financial reports.

4 0
2 years ago
In March 2018, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under the terms of the deal, DMF p
kiruha [24]

Answer:

The rate of return is 7.20%

Explanation:

a)  Assuming you purchased the bond for $880, in order to calculate the rate of return you earn if you held the bond for 25 years until it matured with a value $5,000 we would have to calculate the following formula:

Rate of Return = [FV/PV]1/n - 1

Rate of Return= [$5,000 / $880]1/25 - 1 = [5.6818]0.04 - 1 = 1.0720 - 1 = 0.0720, or 7.20%

Rate of Return= [5.6818]0.04 - 1

Rate of Return= 1.0720 - 1

Rate of Return=0.0720, or 7.20%

The rate of return is 7.20%

5 0
2 years ago
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