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3 years ago

Why does the pricing strategy need to reflect the marketing strategy?

1 answer:

4 0

Consumers check the price of the item on sites easily using the competition-based pricing. Theretailer with the lowest price is more likely to get the sale. ... Why do prices tend to end in .

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Assume Royal Palm Corp., an equipment distributor, sells a piece of machinery with a list price of $800,000 to Arch Inc. Arch In

Alexandra [31]

Answer:

a. $720,000

Explanation:

Since in the question, it is given that the equipment is sold at the list price

The list price is $800,000 and the selling percentage is 90%

So, the revenue should be recorded

= List price × selling percentage

= $800,000 × 90%

= $720,000

Simply we multiplied the list with the selling percentage so that the correct amount can come

3 0

3 years ago

The following events apply to Gulf Seafood for the 2018 fiscal year: The company started when it acquired $60,000 cash by issuin

Arte-miy333 [17]

Answer:

depreciation per year: 9,000

operating income: 41,000

Explanation:

Q: Adjusted the records to reflect the use of the cooktop.

Under straight-line the company will recognize the same amount of depreciation over the course of the assets life. At year-end the company will adjsut for the loss in value for the asset generated for the past of time.

$\frac{cost - salvage \: \:value}{useful \:\: life}$

$\frac{40,000- 4,000}{4}$

depreciation per year: 9,000

operating income:

revenues 72,000

salaries expense: (25,000)

depreciation per year: (9,000)

total 41,000

6 0

2 years ago

I want to buy a new car. My choices are a red convertible sports car or a full-size pick-up

Galina-37 [17]

pickup and 20,000 i think

5 0

2 years ago

Phoebe, a sales representative, is so excited during her sales presentation that she does not hear the customer's question corre

Westkost [7]

Answer:

Selective Perception

Explanation:

Selective perception refers to a psychological state wherein, an individual perceives and comprehends only that information he/she finds desirable, thereby ignoring the rest of the information during communication.

So, any of the viewpoints or ideas which appear conflicting to one's own are ignored and discarded under such a psychological state.

In the given case, Phoebe got excited during her presentation that she missed out upon hearing customer's questions. In such a state of excitement, her mind only perceived what she desired, thereby ignoring anything which appeared undesirable.

So post providing inappropriate answers, she went on with her presentation , i.e she got carried away in excitement. Such psychological state indicates the operation of selective perception.

6 0

2 years ago

Gloria has an option to purchase the cottage she leases from her landlord. She can exercise the option within the next two years

Tju [1.3M]

The option that Gloria has to purchase the cottage that she leases from her landlord is called An option fee.

Gloria has an option to purchase this property here. Under this option, she and the landlord would have a mutually agreed percentage on the purchase price.

Gloria paid her landlord the $5000 in order for her to have the right that would enable her to buy this property at a later date in the future.

3 0

2 years ago