Answer:
The main advantage resulting from a premium pricing strategy is the higher profits. Another advantage is that customers that purchase premium products seek higher quality and tend to show higher brand loyalty associated with the status of using premium products. The disadvantages of premium pricing are that it cannot be applied to all products, the marketing efforts tend to be more specific, and therefore, represent a higher percentage of sales, and finally, not everyone is willing to pay premium prices.
Answer:
A. users should be able to review their records and correct any inaccuracies
.
Explanation:
Once a transaction is noted and recorded in the software, there shall be access to the user only who had recorded the same, as this will provide for security and accuracy both.
If any third party is allowed to have the access to alter the records in the books then that can ruin the principle of maintaining privacy. Also in that case the responsibilities shall not stand to be completed as this calls for sharing responsibilities, and people will blame each other.
Thus, the user shall be alone to make any changes in the data already recorded by him.
The formula for the multiplier is 1 / (1 - MPC), whereby MPC represents the marginal propensity to consume. Applying the formula to our case, we get: M (multiplier) = 1/(1-0.8) = 1/0.2 = 5. The multiplier in this economy is therefore 5.
Answer:
Difference in retained earnings
= $840,000,000- $825,000,000
= $15,000,000
Dividend paid = Net income - Difference in retained earnings
Dividend paid = $55,000,000 - $15,000,000
Dividend paid = $40,000,000
Explanation:
In this case, there is need to determine the difference in retained earnings, which equal retained earnings at the end minus retained earnings at the beginning.
Dividend paid is calculated as net income minus difference in retained earnings.
Answer:
Donna made a realized gain of 8,000 dollars
the basis for the building now will be of 152,000 dollars
Explanation:
<u><em>realized gain:</em></u>
insurance proceeds less replacement cost:
160,000 - 152,000 = 8,000
<em><u>the basis</u></em> (value of the new office building for tax purposes) will be the 152,000 which is the cost of the office building