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3 years ago

Explain how you would apply any five pricing techniques to attract ccustomers

Business

2 answers:

Sholpan [36]3 years ago

8 0

Answer:

1. Price skimming. Skimming involves setting high prices when a product is introduced and then gradually lowering the price as more competitors enter the market. 2. Market penetration pricing 3. Premium pricing. 4. Economy pricing. 5. Bundle pricing. (these are just some that I know)

Explanation:

fiasKO [112]3 years ago

7 0

So much percent off, give the costumers discounts

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Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $430,000; Allowance for Doubtful Ac

denpristay [2]

Answer:

1. Determine the amount of the adjusting entry for uncollectible accounts. $850

Dr Bad debt expense 850

Cr Allowance for doubtful accounts 850

2. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.

accounts receivable $430,000
allowance for doubtful accounts $4,850
bad debt expense $4,850

3. Determine the net realizable value of accounts receivable.

$430,000 - $4,850 = $425,150

Explanation:

accounts receivable balance $430,000

allowance for doubtful accounts balance $4,000

total sales for the year $1,940,000

total bad debt expense = 0.25% x $1,940,000 = $4,850

adjusting entry = $4,850 - $4,000 = $850

8 0

4 years ago

This morning you purchased one share of stock for $14. The stock pays $.20 per share each quarter as a dividend. What must the s

Ulleksa [173]

Answer:

$14.88

Explanation:

The computation of the stock price is given below:

A total return of 12% means that

= 0.12 × 14

= $1.68 in a year.

Now

The total dividend payments for 4 quarters is

= 0.2 × 4

= $0.8.

Now the price of the stock should increase by

= 1.68 - 0.8

= 0.88

So the stock price one year from now is

= 14 + 0.88

= $14.88

5 0

3 years ago

Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price $ 178,000 R

allochka39001 [22]

Answer:

$198,000 and $0

Explanation:

The calculation is shown below:

The Cost of the land is

= Purchase price + Real estate commissions + Legal fees + Expenses of clearing the land + Expenses to remove old building

= $178,000 + $15,300 + $1,100 + $2,300 + $1,300

= $198,000

As the property is buy for the building site so here no cost will be recognized and allocated to the new building cost

hence, it would be zero

3 0

3 years ago

Explain why it is important to compile a bibliography

nikdorinn [45]

So you are giving credit to the sources and information that you used in the work and so you are not penalized for plagiarism

4 0

3 years ago

Read 2 more answers

On october 1, sam reported the formal marketing/sales event he has scheduled for 9 a.m. on november 19. luckily, before he had f

stich3 [128]

Answer: unreported Event

Explanation:

7 0

2 years ago