Answer:
c.$538,685
Explanation:
Calculation to determine what Scarbrough will receive and record cash of
Receivables $600,000
Less: Amount of the hold back ($30,000)
($600,000 x 5%)
Less: Withheld as fee income ($18,000)
($600,000 x 3%)
Less: Withheld as interest expense ($13,315)
($600,000 × 15% × 54/365)
Cash $538,685
Therefore Scarbrough will receive and record cash of: $538,685
Answer:
Increases disposable income and consumption; right
Explanation:
A reduction in the taxes by the government of a particular nation will increase the disposable income of the consumers of that nation. A disposable income refers to the income of the consumer after deducting the taxes.
Hence, if the disposable income of the consumer increases then as a result this will increase the purchasing capacity of the consumers and the demand for goods & consumption level also increases.
Due to this increase in the disposable income and consumption level, there is a rightward in the aggregate demand curve.
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.
