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3 years ago

Hich pricing strategy involves setting a high price for an exclusive, high-end product?

1 answer:

3 0

Yes, this encourages the buyer to pay more for an item especially if it is by a well known branded. This gives them to opportunity to brag and boast with their purchase. Also when the product is well known consumers are going to try their absolute best to buy it, this is going to make the product scare, hence increasing its price.

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The trial balance of Rollins Inc. included the following accounts as of December 31, 2021:

Alinara [238K]

Answer:

Net income = $725,625

Earnings per share = $7.26 per share

Explanation:

The multiple-step income statement refers to an income statement that displays gross profit obtained as sales revenue minus cost of goods sold, and also shows an organization's operating revenues and operating expenses separately from its nonoperating revenues or gains and expenses or losses.

The multiple-step income statement can be prepared as follows:

Rollins Inc.

multiple-step income statement

For the Year Ended December 31, 2021

Details $ $

Sales Revenue 5,400,000

Cost of goods sold (3,950,000)

Gross profit 1,450,000

Operating expenses:

Selling expense (350,000)

General and admin expense (250,000)

Total operating expenses (600,000)

Operating income 850,000

Interest revenue (expense):

Interest revenue 37,500

Interest expense (20,000)

Total Interest revenue (expense) 17,500

Other compreh. income (loss):

Loss on sale of investments (10,000)

Loss on debt investments (125,000)

Gain on projected ben. obligation 235,000

Total other compreh. income (loss) 100,000

Income before tax 967,500

Income taxes (w.1) (241,875)

Net income  725,625 

Earnings per share (w.2) 7.26

Workings:

w.1: Income taxes = Income before tax * Effective tax rate = $967,500 * 25% = $241,875

w.2: Earnings per share = Net income / Number of shares of stock outstanding throughout the year = $725,625 / 100,000 = $7.26

7 0

3 years ago

Involuntary unemployment occurs when the wage rate is below the equilibrium wage rate. exists when there is an excess quantity o

Natali5045456 [20]

Answer:

exists when there is an excess quantity of labor supplied.

Explanation:

Involuntary unemployment is the situtation in which the labor actually work and also work at the prescribed wage rate in that time when the job is not getting

It could be arise when there is a lacking of the aggregate demand or total demand also when there is a excess of labor supply

so according to the given situation, the second option is correct

3 0

2 years ago

The Young Woman's Club of Williams has been operating for seventy-five years as an organization that supports women who stay at

likoan [24]

Answer:

A) a liability.

Explanation:

Probably, the strong culture held by the Young Woman's Club of Williams (YWCW) will be perceived to have a very low tolerance for diversity by the newcomers. It will also prevent the organization from growing in number. That doesn't mean that it will lose affiliates, but the total number of affiliates will not grow according to the growth in Williams's total population.

Since its strong culture will prevent the YWCW from growing and adapting to community changes, it should be considered a liability.

3 0

3 years ago

Maya is hoping to hire lifeguards to work at her community pools this summer. What is the first step she must take in this proce

Andrew [12]

The first step Maya should take in the process of hiring lifeguards to work in the summer is to start the process of recruiting and selecting candidates.

<h3 /><h3>What is recruitment and selection?</h3>

It is the process of identifying the need to hire employees to fill open positions in an organization, according to the profile and qualifications required for the position.

Therefore, through a structured recruitment process, with resume analysis, interviews and tests, the company will identify the ideal professional to contribute with innovation and knowledge to achieve organizational goals.

Find out more about recruitment here:

brainly.com/question/10467107

7 0

2 years ago

taxes: a. are unlikely to affect market supply and demand b. are copmulsory payments to governments c. never affect efficiency i

Crank

Answer:

The answer is B.

Explanation:

Taxes are compulsory payment levied by a government of a country. It is not voluntary.

We have direct and indirect tax.

Direct taxes are those taxes that are imposed on individual and company. A company is charged at a rate after its profit is known. An individual earning salary is charged before the salary is collected.

Indirect taxed are those levied on goods and services. These types of taxed are pass on to the consumers in form of price of goods.

Tax is mandatory for everyone. Its a revenue for government

5 0

3 years ago