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3 years ago

Why would a business ower lower the price of a product

Business

2 answers:

Ray Of Light [21]3 years ago

7 0

Answer:

he would do so becaus the canadiens wer smugling syrup and it was making trhe price go yeet, so ppl who didnt sell at thaat price had to lower or go ot of business!1

Explanation:

liubo4ka [24]3 years ago

3 0

Answer: A business owner may lower the price of a product if there isn't enough demand or as a promotion. A business owner's price for their products/services should only be what consumers would pay for. If they aren't willing to pay the expensive price, they should lower it. The owner may also lower the price as part of a sale to attract customers or to get rid of the product.

I hope this helped!

Good luck <3

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Dave's Duds reported cost of goods sold of $2,000,000 this year. The inventory account increased by $200,000 during the year to

Nookie1986 [14]

Answer:

a. $2,200,000

Explanation:

We solve considering the inventory identity:

$$$Beginning Inventory + Purchase = Ending Inventory + COGS$

$$$ Purchase = (Ending Inventory - Beginning Inventory) + COGS$

the difference during the year means the difference between ending and beginning inventory was of 200,000

So we plug that into the formula and solve

$$$ Purchase = +200,000 + 2,000,000$

Purchase 2,200,000

4 0

3 years ago

If you are falling behind on your student loan payments, which of the following steps should you take to avoid default?

larisa86 [58]

The correct answer among all the other choices is "Contact your lender." If you are falling behind on your student loan payments, this is the step you should take to avoid default. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.

7 0

4 years ago

Read 2 more answers

Which option would you select to control being linked to other people's posts?

s2008m [1.1K]

Answer:

Timeline and tagging settings

Explanation:

Timeline and tagging settings is a feature in social media applications such as Face-book, Twi-tter, Insta-gram etc. that allows you to control being linked to other people's posts.

When this settings is properly configured, you will only be linked to the posts of people you allowed, in this case it will be your mutual friends rather than the general public.

3 0

3 years ago

Sand, Inc. has outstanding $5,000,000, 10%, 20-year bonds. The bonds are callable at 104 on any interest date. The bonds were is

Ray Of Light [21]

Answer: B) A loss of $200,000 on its income statement in the year the bonds are called.

Explanation:

The bonds were issued at Par. This means they were issued at 100 of par.

The bonds are now trading at 104 of par.

If Sand Inc calls the bonds then they will make a profit (loss) of,

= 5,000,000 * 104/100

= $5,200,000

Therefore their Profit (loss) will be the bond at par minus the Calling price

= 5,000,000 - 5,200,000

= -$200,000

That means they make a loss of $200,000 in the year the bonds are called.

If you need any clarification do react or comment.

6 0

4 years ago

lue Inc. has decided to raise additional capital by issuing $171,000 face value of bonds with a coupon rate of 11%. In discussio

Dafna1 [17]

Answer:

Explanation:

Value assigned to bonds =

Value of bonds without warrants/(value of bonds without warrants+value of warrants)*Issue price

Value assigned to warrants =

Value of warrants/(value of bonds without warrants+Value of warrants)

Value assigned to bonds = 115,200/(115,200+28,800) * 140,000 = 0.8*140,000 = 112,000

Value assigned to warrants = 28,800/144,000 * 140,000 = 28,000

Journal entries:

Dr Cash 140,000

Dr Discount on bonds payable (171,000-112,000) 59,000

Cr Bonds payable 171,000

Cr Paid in capital-Stock warrants 28,000

5 0

3 years ago