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Leviafan [203]
3 years ago
11

Mary sells two products. She finds that when she promotes one product with a lower promotional price, sales increase for the oth

er products as well. Given this information, Mary's products are considered:
Business
1 answer:
Marina CMI [18]3 years ago
8 0

Answer:

Cheap

Explanation:

If Mary is selling one product at a lower promotional price then the buyer will think the other products are being sold at a lower price too right?

I may be wrong.......

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You purchase an annuity due for $1,200. The annuity has 11 annual payments of 100 and a larger payment at the beginning of year
romanna [79]

Answer:

Give me brainliest pls! I neeed it to rank up jus pls do it!

Explanation:

8 0
3 years ago
During 2016, Rao Co. introduced a new line of machines that carry a three-year warranty against manufacturer's defects. Based on
Over [174]

Answer:

$319,000

Explanation:

The computation of the liability is shown below:

= Total expenses in three year - actual warranty expenditure

where,

Total expenses in three years = Total sales × total percentage of sales

                                                = $6,200,000 × 9%

                                                = $558,000

And, the actual warranty expenditure is $239,000

Now put these values to the above formula  

So, the value would equal to

= $558,000 - $239,000

=  $319,000

6 0
3 years ago
otato Company began the period with an accounts receivable balance of $2,693 and a balance in the allowance for doubtful account
Sphinxa [80]

Answer:

Potato Company

Balance in Allowance for Doubtful Accounts is $575 (Credit).

Explanation:

We can use a T-account for the Allowance for Doubtful Accounts to determine the balance:

                                      Allowance for Doubtful Accounts

a. Accounts Receivable         $668     Beginning Balance   $494

 Ending Balance                     <u>$575</u>  b. Bad Debt Expense  <u>$749</u>

                                              <u>$1,243</u>                                    <u>$1,243</u>

                                                                Ending Balance     $575

The allowance for doubtful accounts is a contra account to the Accounts Receivable account.  Its purpose to provide some estimation of the uncollectibles as a way of managing the credit risk involved in trade sales.

7 0
2 years ago
Which of the following statements successfully conveys the meaning of dollar votes? a concept that explains inflation and its ef
PSYCHO15rus [73]

Answer:

a concept that explains how a customer’s choices affect which products a business should continue to supply in the market    

Explanation:

In simple words, Dollar voting relates to the example used only to relate to the effect of consumer demand on the behavior of suppliers via the stream of consumer purchases for their commodities to the suppliers.

In the potential, goods which people purchase will continue to be made. Throughout the future, product lines which are not selling as well as anticipated will probably have fewer productive assets. Efficiently, customers vote for "finalists" as well as "whiners" with their transactions as per this metaphor.

6 0
3 years ago
Read 2 more answers
The flat-screen plasma TVs are selling extremely well. The originators of this technology are earning higher profits. What theor
solniwko [45]

Answer:

<u>Innovation theory of profit.</u>

Explanation:

The theory of profit innovation was defined by <em>Schumpter</em>, and corresponds to the economic profit that a company can achieve through the innovation of products and services offered.

The role of the entrepreneur is to offer successful innovations that will influence his performance in the market and consequently increase his profit.

Therefore, according to<em> Shumpeter</em>, innovation corresponds to any set of policies that will help an organization to reduce costs related to the production process or increase demand for products and services.

8 0
3 years ago
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