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3 years ago

What is penetration pricing?

Business

1 answer:

Sophie [7]3 years ago

5 0

Explanation:

Penetration pricing is a marketing strategy used by businesses to attract customers to a new product or service by offering a lower price during its initial offering.

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Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 20,000 shares authorized, 9,00

hichkok12 [17]

Answer:

O Debit Retained Earnings $4,000; credit Common Dividends Payable $4,000.

Explanation:

Dividend declared = $0.5 per share

Total Authorized shares = 20,000 shares

Total Issued Shares = 9,000 shares

Total Outstanding shares = 8,000 shares

As outstanding shares are only eligible shares for the dividend payment.

Total Dividend Payment = $0.5 per share x 8000 shares

Total Dividend Payment = $4000

Journal Entry for this event

Dr. Cr.

Retained Earning $4,000

Common Dividend Payable $4,000

8 0

3 years ago

Nieland Industries has two production departments: Fabricating and Finishing. Beginning inventories are: Work in Process—Fabrica

irina [24]

Answer:

Explanation:

1 Dr Raw Materials Inventory 40,000

Cr Accounts Payable 40,000

2 Dr Factory Labor 65,000

Cr Wages Payable 65,000

3 Dr Manufacturing Overhead 35,000

Dr Accounts Payable 5,000

Cr Cash 30,000

4 Dr Work in Process—Fabricating 10,000

Dr Work in Process—Finishing 8,000

Dr Raw Materials Inventory 18,000

5 Dr Work in Process—Fabricating 13,000

Dr Work in Process—Finishing 52,000

Cr Factory Labor 65,000

6 Dr Work in Process—Fabricating 10,000

Dr Work in Process—Finishing 20,000

Cr Manufacturing Overhead 30,000

5 0

3 years ago

With the start of each new era in japan, the country's capital changed locations. why?

Nitella [24]

<span>With the start of each new era in Japan, the country's capital changed locations because of the reason that they wanted to be under the governing of a new head or leader. The capital wanted to start fresh, and new. </span>

8 0

3 years ago

You are evaluating a project that will cost $500,000, but is expected to produce cash flows of $125,000 per year for 10 years, w

boyakko [2]

Answer:

1. 4 years

2. No

Explanation:

Payback period calculates the amount of time to recoup the total investment made on a project. It calculates how long the cash flows generated from a project would cover the cost of the project.

The cost of the project is $500,000

Cash flows are $125,000 per year for 10 years.

In the first year, the cost of the project is reduced by $125,000 and becomes $375,000.

In the second year, the cost of the project is reduced by $125,000 and becomes $250,000.

In the third year, the cost of the project is reduced by $125,000 and becomes $125,000.

In the fourth year, the cost of the project is reduced by $125,000 and becomes $0.

The cost of the project is totally recouped in the 4th year. therefore, the payback period is 4 years.

But the company has a preferred payback period of 3 years ,therefore , the firm won't undertake the project because the payback period is more than 3 years.

3 0

3 years ago

A monopolistically competitive market A. is imperfectly competitive, and all imperfectly competitive markets are monopolisticall

Gala2k [10]

Answer:

D. is imperfectly competitive, but not all imperfectly competitive markets are monopolistically competitive.

Explanation:

Monopolistic competition may be seen as a variety of competition that determine the characteristics of variety of industries that are familiar to consumers in their day-to-day lives. For instance, restaurants, hair salons, clothing, and consumer electronics are all monopolistic competitive market but not all imperfectly competitive markets are monopolistically competitive.

4 0

3 years ago

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