Answer:
Decrease by $250,000
Explanation:
Calculation for what would be the effect on net income.
We would be using Differential Analysis method to find the effect on the net income
Differential Analysis
Continue with Luggage Department; Eliminate Luggage Department; Effect on Income
Sales
1,000,000 0 -1,000,000
Variable cost
-250,000 0 250,000
Direct fixed costs
-500,000 0 500,000
Indirect fixed costs
-300,000 -300,000 0
Net Income
-$50,000 -$300,000 -$250,000
Therefore in a situation where the luggage department is eliminated, the income would decrease by $250,000
Answer:I believe it is A,
Explanation:
because when demand increases so does price. That is called demand-pull inflation. This also means economic conditions are strong.
Answer: True
Explanation:
In advertising, a Testimonial is a written or spoken statement by a person who has used a product attesting to the effectiveness of said product. A Testimonial is a lot like an Endorsement except that Endorsements are testimonials by Celebrities.
While Testimonials are usually used to attract new customers, they are very effective in confirming to current customers that they chose the right product.
For example, imagine you walk into Epic Electronics to buy a computer and you see a video Testimonial by a person your age who absolutely loves the effectiveness of the product you want to buy. You would feel a bit reassured getting that product after seeing that Testimonial.
A retail price. Retail price meaning: <span>The entire </span>price<span> charged for a product sold to a person.</span>
