Answer:
(A) Net markups are included.
Explanation:
According to my research on the retail method, I can say that based on the information provided within the question when determining the cost-to-retail percentage for the current year Net markups are included. This is the difference between the selling price of a product against its cost.
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It should be reported as an ordinary<span> gain</span> because the truck is considered as ordinary <span>asset used in the ordinary course of business. The truck was used as service calls apparently used in the normal operation of the company thus the gain on the sale of this asset should be considered </span>as an<span> ordinary gain.</span>
Answer:
3. fall if the price index rises.
Explanation:
- According to the nominal income, the inflation is a one of the major factors that decrease the amount of the goods and the services that would be afforded with a given amount of the nominal incomes thus if the person wants to keep this real income steady for the next year's nominal income may fall as the increase of the inflation in the economy. And can erode the nominal income gains.
Services marketing differs from that of tangible goods, and many firms have adopted a strategy to manage an additional three Ps, on top of product, price, place, and promotion
<h3>What is Service marketing?</h3>
Service marketing is a type of advertising that companies who offer their clients a service use to raise their brand recognition and sales. Service marketing, as opposed to product marketing, is concerned with promoting immaterial exchanges that benefit consumers.
A service marketing triangle is a structure for marketing that combines three essential forms of communication to help your target audience understand what makes your company special and beneficial for their needs they are:
- Interactive marketing,
- External marketing,
- Internal marketing
The three Ps, on top of the product, price, place, and promotion provide the best return on your investment because they serve as the basis for everything your company does.
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Answer:
In the Newsvendor model, the ordering decision is made before seeing the customer demand.
Explanation:
The newsvendor model is a mathematical model in operations management and applied economics used to determine optimal inventory levels. It is (typically) characterized by fixed prices and uncertain demand for a perishable product.
This model is also known as the newsvendor problem or newsboy problem by analogy with the situation faced by a newspaper vendor who must decide how many copies of the day's paper to stock in the face of uncertain demand and knowing that unsold copies will be worthless at the end of the day.