Answer:
The firm reduced its price to maintain its market share.
Explanation:
An online streaming service is providing its basic package at the price of $14.99.
A competitor of the firm offers the same service at $13.99.
The firm in the reaction will also reduce its price to $13.99.
We know that the consumers always prefer the cheaper substitute, so if the competitor was providing the service at a lower price, it was most likely that the consumers will purchase from the competitor.
This would have led to a decline in the demand and thus the market share of the firm. So in order to maintain its market share. The firm reduced its price at the same level as its competitor.
Probably. But Walmart's own managers oversee the inventory system and can quickly spot those vendors who would take advantage of their access to Retail Link.
Walmart, Inc. (/ˈwɔːlmɑːrt/; formerly Walmart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also known as supercenters), discount department stores, and grocery stores in the United States and is headquartered in Bentonville. is. , Arkansas[10] The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated on October 31, 1969, under the Delaware General Corporation Law. It also owns and operates Sam's Club retail warehouse.
As of July 31, 2022, Walmart has 10,585 stores and clubs in 24 countries, operating under 46 different names. [2][3][4] The company operates under the Walmart name in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India.
Learn more about Walmart here
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A withholding that you can see on your pay stub could include a health insurance payment or a retirement savings.
Answer:
Crane Company
If Crane Company uses LIFO, the value of the ending inventory is:
= $440.
Explanation:
a) Data and Calculations:
Units Unit Cost Total Cost
1/1/20 inventory 150 $4.00 $600
1/15/20 Purchase, 70 5.10 357
1/28/20 Purchase, 70 5.30 371
Total 240 $1,328
1/31/20 inventory 110 $4.00 $440 ($4.00 * 110)
b) The LIFO method assumes that goods that are sold first are the last that were purchased. Therefore, the cost of the ending inventory is usually based on the cost of the earlier inventory purchased. In our case, the cost per unit was based on the beginning inventory balance.
Answer:
D
Explanation:
Because if someone takes your card they wont know your pin