The answer to this question is the term prices. Prices are the value of a certain product or services. A price is the value or amount of money being paid in exchange of the product being bought. In pricing a product or service, a markup is being set to the price.
Answer:
correct answer is skimming price strategy
Explanation:
solution
the correct answer is Price skimming price strategy because
it is product pricing strategy in which company charge the initial price as highest and after then lower it over the time as that 1st customer demand will satisfy and competition entry in market but company lower the price value of the product to more attracting another customer with more price value as a sensitive segment of population
so here correct option is skimming price strategy
Answer:
E. Bad debt expense can be estimated by the percent of sales method, the percent of accounts receivable method, or by the aging of accounts receivable method.
Explanation:
The bad debt is an expense that is to be shown on the debit side of the income statement. It refers to the amount which is not collectible by the company due to partie bankruptcy
It can be estimated by the following methods using the Generally accepeted accounting principles (GAAP)
1. percent of accounts receivable method,
2. percent of sales method
3. the aging of accounts receivable method
Hence, the correct option is E.
Answer:
$77,200
Explanation:
Conversion cost is calculated as;
= Direct labor cost + Manufacturing overhead.
Given that;
Direct labor cost = $40,500
Manufacturing overhead = $36,700
Conversion cost = $40,500 + $36,700
= $77,200
Answer:
$7 million
Explanation:
Investing activities: it monitors the operations that include buying and selling long-term assets. The buying is a cash outflow, while the selling is a cash inflow
The computation of the net cash flows is shown below:
Cash flow from Investing activities
Proceeds from sale of equipment $8 million
Acquisition of building for cash -$7 million
Purchase of marketable securities (not a cash equivalent) -$5 million
Collection of note receivable only principal amount $11 million
Net Cash flow from Investing activities $7 million
