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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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Windsor, Inc. has had 4 years of net income. Due to this success, the market price of its 350,000 shares of $5 par value common
kvasek [131]

Answer:

1.

a.

$9,788,000

b.

$12,700,000

2.

a.

$18,860,000

b.

$18,860,000

Explanation:

Stock dividend is the payment of dividend to stockholder in the form of stock/shares of the company. Stock are issued at the market price and the value of the dividend is transferred from the retained earning to the add-in-capital accounts.

Stock Dividend = 350,000 x 16% x $52 = $2,912,000

Stock split increase the numbers of shares with a specific given ratio but the common equity value remains same that's why the par value of the share decreases with respective ratio.

Stock Split = 350,000 x 2 / 1 x $5/2 = $1,750,000

Total Stockholders equity section includes the paid in capital of common and preferred stocks, additional paid in capital, retained earnings and reserves accounts.

Total Stockholders equity

Common Stock                      $1,750,000

Paid In Capital account         $4,410,000.

Retained Earning                   <u>$12,700,000</u>

Total Stockholder's Equity    <u>$18,860,000</u>

1.

a.

Retained Earning = $12,700,000 - $2,912,000 = $9,788,000

b.

NO change in retained earning after stock split. Stock split only changes the outstanding numbers of shares and par value of the share.

2.

a.

It will remains the same because balances are transferred from retained earnings to the common stock and paid in capital accounts but the total balance remains the same.

b.

As there is no changes to value of any equity account, so total stockholders equity will remain the same.

6 0
3 years ago
Suppose Mattel, the producer of Barbie dolls and accessories (sold separately), has two types of consumers who purchase its doll
Finger [1]

Answer and Explanation:

The computation is shown below:-

                      Revenue from    Revenue from    Total Revenue

                         Low value        High value

Strategy 1             $64                    $96                       $160

(32 D + 32 A)  32(1) + 32(1)      32(1) + 32(2)

Strategy 2              $64                  $125                      $189

(3 D + 61 A)        3(1) + 61(1)         3(1) + 61(2)

Where D indicates doll and A indicates Accessory

Therefore Strategy 2 gives more revenue in comparison to strategy 1

8 0
3 years ago
The material wealth of society is determined by the economy's _________, which is a function of the economy's _________. investm
Katen [24]

Answer:

The correct answer is productive capacity; real assets

Explanation:

Wealth is the abundance of material and immaterial resources, also collective possession - social or national wealth - or individual possession - personal wealth - of financial assets and assets, usually specified in property form (movable and immovable property). It can be studied from the anthropological, sociological, economic or even moral point of view, and its meaning can only be fully understood with respect to the human being and the opposite concept of poverty.

The wealth of nations can be measured by GDP, that of individuals by per capita income. Poverty is the opposite of wealth. When wealth accumulates in a few people, economic inequality is generated.1 Personal wealth is obtained, lawfully or illegally, by inheritance and accumulation of capital.

3 0
3 years ago
Grandview Grinding, Inc. had net accounts receivable of $135,800 at the beginning of the year and $144,800 at the end of the yea
Papessa [141]

Answer:

The accounts receivables turnover ratio is 12.5 times.

Explanation:

The accounts receivable turnover ratio is a measure to check the efficiency of the business in collecting its average accounts receivables during the year. It is calculated as follow,

Accounts receivables turnover = Net Sales / Average accounts receivables

Where,

Average accounts receivables = (Opening accounts receivables + Closing accounts receivables) / 2

The average accounts receivables = (135800 + 144800) / 2  = $140300

The accounts receivables turnover = 1753750 / 140300  =  12.5 times

5 0
3 years ago
The Johnsons are in an auto accident with a driver who lives near them in the same town. No one is injured but the Johnsons' car
astraxan [27]

Answer:

A) Because the Johnsons live in the same state and the damages are too small

Explanation:

The Federal Court can only listen to cases which are

1.Federal Questions - which include constitutional law, federal crimes, some military law, intellectual property (patents, copyrights, etc.), securities laws, and any other case involving a law that the U.S. Congress has passed

2.Diversity

3.Treaties and diplomats

4.U.S Government cases

5.Admiralty - (water bodies In an around the U. S which include oceans, rivers, lakes etc.)

The Johnsons need to go to the State Court to deal with such a issue

State courts interpret state law and hear the types of cases that affect the personal lives of many residents, such as probate, family law, and most criminal law

3 0
3 years ago
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