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3 years ago

A(n) ____ is a straight reduction in price on purchases during a stated period of time or of large quantities.

Business

1 answer:

gizmo_the_mogwai [7]3 years ago

7 0

Answer:

Discount

Explanation:

Discount is the term which is defined as the reduction or decrease in the prices of something or product which is being sold at a price that is lower than the item is usually or generally sold for.

For example, A purse is sold for 50% off on its normal price or a store which focus on the selling the designer products or the items at below the market prices.

Therefore, Discount is the term which is defined as the straight away decrease or reduction in the prices of the products on the purchases during a stated period of time.

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Name 2 advantages and 2 disadvantages of opening a franchise.

deff fn [24]

Answer:

two advantages are having your own buisness and being able to make money, and doing what you love (or like)

two disadvantages are the cost of owning a buisness, and a building to have it in.

Explanation:

5 0

3 years ago

Bee Sting bought 400 shares of Google at $399.75 per share. Assume a commission of 2% of the purchase price. What is the total t

daser333 [38]

Given:
400 shares of Google
399.75 per share
2% commission on purchase price.

400 shares * 399.75/share = 159,900
159,900 x 1.02 = 163, 098

The total to Bee Sting is $163,098

5 0

3 years ago

Fire insurance policies include deductibles:

stiv31 [10]

1. A im not to sure for this one.... :/
2. A Signaling ; reputation

5 0

3 years ago

Selling price $ 110,000 $ 110 100 % Variable expenses 60,000 60 55 % Contribution margin 50,000 $ 50 45 % Fixed expenses 30,000

Molodets [167]

Answer:

Increase in income= $5,000

Explanation:

Giving the following information:

Selling price $ 110,000 ($110)

Variable expenses 60,000 ($60)

Contribution margin 50,000 ($50)

Fixed expenses 30,000

Net operating income $ 20,000

The company is considering a reduction in the selling price by $10 per unit and an increase in the advertising budget by $5,000. This will increase sales volume by 50%.

Increase in income= unitary contribution margin* sales in units - new fixed costs

New Income= 40* (1000*1.5) - 35,000= 25,000

Increase in income= $5,000

3 0

3 years ago

Warren Company began the accounting period with a $32,000 debit balance in its accounts receivable account. During the accountin

ra1l [238]

Answer:

The answer is : $104,000

Explanation:

First, we have to lay out the particulars, and explain what each of them mean:

debit balance in account receivable = $32,000. This refers to an amount that cusomers owed the company at the beginning of the period.

revenue recorded = $88,000. This refers to the total sales made by the company.

At the end of the period, we are told that the account receivable contained a balance of $16,000

Therefore it means that after all the payments (both balance from previous period and sales transactions) have been made in cash, the amount which the customers owed the company = $16,000.

Hence the cash collected is calculated as follows

(debit balance at beginning + revenue) - debit balance at the end = cash collected

(32,000 + 88,000) - 16,000 = cash collected

120,000 - 16,000 = cash collected

cash collected = $104,000

6 0

3 years ago