Answer:
Wholesalers buy products from manufacturers at a lower price than other businesses because they receive discounts for volume buying.
Explanation:
I have no explanation really to say. Thats just the answer.
Answer:
$3,900
Explanation:
December 15: The company sold $2,000 of product to the customer with terms 2/15, n/45. December 31:The company has a fiscal year end of December 31. The company estimates using the aging-of-Accounts Receivable.
Accounts Receivable were $140,000, 3% is the estimate for doubtful accounts, and the Allowance for Doubtful Accounts balance is a $300 debit prior to any adjustment.
Therefore the amount to be credited to doubtful account = 0.03 x 140,000 = $4,200
The amount of bad debts = $4,200 - $300 = $3,900
Answer:
The smaller factory will face diminishing returns first.
Explanation:
The smaller factory will most likely have fewer resources as compared to the larger one. The amount of capital will also be comparatively lower. It will also be producing a lower output.
So, when the number of workers in both the factories has increased the workers in the smaller factory will need to operate with less capital. So, they are likely to face diminishing returns first.
<span>Felicia would most likely be diagnosed with dysthymia. Her symptoms have similarities with the diagnosis on dysthymia. It is regarded as chronic depression. The symptoms are similar to depression, but it is less intense and it persists for a longer period of time. The keyword here is “for at least two years”. Dysthymia is usually diagnosed after two years of mild depression.</span>
Answer:
An apparel company has introduced three different varieties of shoes at different price points. [Product line pricing]
A company that produces shampoos have now introduced dishwashing liquids in the market. [Brand extension]
A shoe company sells its floaters at a price that does not even cover its production cost. [Loss leadership Pricing]
A chocolate company introduces its new range of chocolates at a discounted price for limited stock only. [Promotional pricing]
Explanation
Product Line Pricing: This strategy of separating products into various price categories may or may not have anything to do with their cost. It, however, achieves the effect of making one seem of a higher quality than the other.
Brand Extension:
Brand extensions serve the primary purpose of maintaining brand dominance and or relevance in the mind of the consumers.
Loss Leadership Pricing: This strategy is often used to attract the attention of customers. As customers compare the price of this product with similar/competing products, it can even create a mindset with customers that the business has very cheap products. This ultimately leads to more purchases and ultimately an increase in the bottom line of the business. This strategy is seldom used in isolation. The business almost always makes up for this loss relying on the increased volume of sales or by marking up other products slightly.
Promotional Pricing:
There are consumers who are very price sensitive. This strategy by the nature of its design almost always attracts their patronage. Depending on the creativity of the Marketing Officer, this can be used to increase consumer loyalty.
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