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olya-2409 [2.1K]
3 years ago
12

Which pricing policy do you think would be best suited for a small business introducing a new line of clothing and accessories?

Explain.
Business
1 answer:
EastWind [94]3 years ago
4 0

Answer:

I think that a small business introducing a new line of clothing and accessories should use the penetration pricing policy. The penetration pricing policy prices their products very low to start out with to try and distract competitors from there competition and towards them.

Explanation:

Hope that helps!

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New greenbelt areas have been created to beautify the grounds around tampa power and light company. the greenbelt areas are an e
Alexandra [31]
The areas are an example of <span>a decrease in the price and an increase in the quantity of the firm's output.
The green areas would decrease the amount of money that the company need to handle waste of production, and social responsibility related cost, which would decrease the price and increase the firm's output.</span>
3 0
3 years ago
Read 2 more answers
True or False: Food Corp., a business with its headquarters and major operations in the United States of America, also has an of
mote1985 [20]

Answer: False

Explanation:

The Minimum Wages Law is simply referred to as a labour law which entails that employees should be paid a certain amount of minimum wage and shouldn't be paid below that.

We should note that the wages law are different for countries. Thereby the minimum wage law set in USA may be different from that of France.

Therefore, even if Food Corp.’s is subject to U.S. Federal minimum wage laws in its office in the U.S.A, it can't be subjected to U.S. Federal minimum wage laws in overseas in France.

Therefore, the answer is false.

7 0
2 years ago
Diversity initiatives do NOT include
MrRa [10]

Answer:

D. At-will employment

Explanation:

Don't be fooled! At-will employment actually refers to two things:

at-will termination, meaning an employer can fire you for any reason (other than illegal)

and at-will quitting, meaning the employee can quit at any time, for any reason.

An example of this would be a boss firing an employee for wearing a gray shirt to work, which is the boss's least favorite color. It's messed up, but under at-will employment, it can be done. Moments later, another employee leaves without warning or notice, and under the same rule, it can be done.

In contrast with the other options, D has nothing to do with diversity.

8 0
2 years ago
Assume Company X had an 80,000 EBITDA in 2019 and its EBITDA is expected to grow by 4% per year. The company has no excess cash
yan [13]

<u>Solution and Explanation:</u>

1….                                            2019  2020  2021 2022

EBITDA                              80000  83200  86528  89989

EBITDA Multiple                            14     14               14  14

Enterprise or Total Value

= EBITDA*Multiple             1120000  1164800  1211392  1259848    

2012 Enterprise/Total Value =  1259848

2…Next year's expected gross margin

<u>Alternative :1 </u>

Gross Margin= (200000 * 1.05) * 30 \%=63000

<u>Alternative :2 </u>

Gross Margin= (200000 * 1.01) * 33.3 \%=67266

Alternative 2 is recommended   as there Increase in price is 1% . But increase in gross margin is 3.3%

Next year’s expected gross margin in dollars in each case

Alternative :1------------ 63000

Alternative :2------------67266

 

3 0
3 years ago
Donaldson Company has the following accounts in its general ledger at July 31: Accounts Receivable $40,000 and Allowance for Dou
alisha [4.7K]

Answer and Explanation:

The journal entries are shown below:

On Oct 15

cash Dr $21,000

Service charge expense Dr (3% of $30,000) $9,000

    To Account receivable $30,000

(being the cash is recorded)

On Oct 25

cash Dr $882

Service charge expense Dr (2% of $900) $18

    To Sales $900

(being the cash is recorded)

These two entries should be recorded

8 0
2 years ago
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