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Naily [24]
3 years ago
10

When a firm charges each customer the maximum price that the customer is willing to pay, the firm:_______.a) charges the average

reservation price.b) engages in first-degree price discrimination.c) engages in second-degree price discrimination.d) engages in a discrete pricing strategy.
Business
1 answer:
juin [17]3 years ago
6 0

The Answer is: A. engages in first-degree price discrimination.

Explanation: First degree happens when a business charges the maximum possible price for each unit of goods consumed.

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The correct order to present current assets is ___________.
Rama09 [41]

Answer:

B. Cash, accounts receivable, inventories, prepaid items.

Explanation:

In the balance sheet, assets are presented in an orderly manner guided by the amount of time they take to convert into cash. Assets requiring the shortest time to convert into cash will appear first. Cash will always be on top as it does not require conversion.

Goodwill comes last as the business will have to be sold for it to turn into cash.  

  1. In the list provided, cash will appear first.
  2. Accounts receivable is money a business expects to receive from customers for goods or services provided.  In practice, the money should be received within 60 days
  3. Inventories in assets refer to finished goods in the store. They are awaiting sales. Inventories will take longer as stocks have to be sold and become account receivable before converting to cash.
  4. Prepaid items are expenses paid before their due date. They appear in the balance sheet as cash assets because they have not been consumed. The expectation is that they will be utilized within the current year. Converting into cash them will require getting a refund from the recipient of the funds, which could be a lengthy process.

8 0
3 years ago
Jefferson County bought a new backhoe using General Fund cash. When the asset was acquired, what was the appropriate entry that
GalinKa [24]

Answer:

a. Debit Equipment; Credit Cash.

Explanation:

Backhoe is a fixed asset therefore, cannot be categorized as an expenditure, further it is paid in cash therefore, cash account will be credited, and further

Equipment will be debited, as asset account is debited if created or any value added in it , also in categorization the equipment will be clubbed in fixed assets but directly the amount will not be debited to fixed assets.

Therefore correct entry will be:

Debit Equipment

Credit Cash

6 0
2 years ago
g What is the bond equivalent yield of a bond if it has 100 days to maturity, a par value of $10,000, and is currently trading a
NARA [144]

Answer:

10.51%

Explanation:

The computation of the bond equivalent yield is shown below:

Given that

Par value at redemption = $10,000

Bond price = $9,720

Number of days of maturity = 100 days

Now

Profit of holding this bond = Par value at redemption - Bond purchase price

= $10,000 - $9,720

= $280

Now yield from the 100 days

= profit from holding the bond ÷ Purchase price of the bond

= $280÷  $9,720 × 100

= 2.88

Now the yield annualized is

= 2.88 × 365 days ÷ 100 days

= 10.51%

6 0
2 years ago
Assume that John's marginal tax rate is 40%. If a city of Austin bond pays 6% interest, what interest rate would a corporate bon
Lisa [10]

Answer:

B. 10%

Explanation:

Given that

Tax rate = 40%

Net tax rate = 6%

Recall that

Gross interest = Net of tax rate / ( 1 - tax rate)

Therefore,

= 0.06 ÷ ( 1 - 0.40)

= 0.06 ÷ 0.60

= 0.1

= 10%

5 0
3 years ago
What is the best advice for concluding your presentation?
Lilit [14]

The best advice for concluding a presentation is by having to review major points as it is essential to be able to deliver your main purpose or the important information you want to deliver to your audience and in the same time, the individual should focus on what he or she wants for his or her listeners to think, remember and even do.

8 0
3 years ago
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