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eduard
3 years ago
7

Firms such as IKEA and The Home Depot are known for their use of __________ because they set reasonably low prices but still off

er high-quality products and adequate customer services. Select one: a. prestige pricing b. value-based pricing c. market equity pricing d. relational pricing e. skimming pricing
Business
2 answers:
Maslowich3 years ago
7 0

Answer:

b. value-based pricing

Explanation:

Value based pricing is a pricing strategy to set price of products based on value perceived by the purchaser. To have increased profit margin, business deduces the number of benefit the product provides to consumer. Then it establishes price which takes consideration of manufacturing cost, competitive price and consumer's willingness to pay price for the goods.

In the question  mentioned IKEA not only provide functional benefit for the product but also quality, design, and services at low prices hence it is an instance of value based pricing.

Nadya [2.5K]3 years ago
3 0

Answer: (B) Value-based pricing    

Explanation:

 The value-based pricing is one of the type of business strategy where the various types of companies and organization are promoting the products and the services on the basis of price and the values.

The main objective of the value based pricing is that it helps in setting the specific  price of the products on the basis of the customer perceived value and this type of strategy basically focuses on the customer where the companies offering various types of exclusive offers.

 According to the question, the IKEA and the home depot is one of the type of companies that basically offering the various types of value based pricing strategy. Therefore, Option (B) is correct answer.      

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dem82 [27]

Answer:

B) Ryan's stock was sold for $9 a share causing him to lose most of his profits.

Explanation:

Stop loss order means the limit the loss to the extent investor has opted. Since Ryan placed a stop loss order at $70, so, when the price of the stock starts at $9, the stock would be sold at $9 because it is the next available price to what he placed a stop loss order.

So, the Answer is Ryan stock is sold for $9 a share causing him to lose most of his profits.

6 0
2 years ago
Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company’s management predicts that 6,1
frutty [35]

Answer:

Production for the third quarter   159,500

Explanation:

Sales for the period           161,000

Desired ending inventory    4,600

Total production needs     165,600

Beginning Inventory             (6,100)

Production for the third quarter   159,500

The sales for the period and the desired ending inventory are the total units we need for the quarted.

the beginning inventory reduces the production because are units we already have

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3 years ago
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3 years ago
Kennedy Company reports the following costs and expenses in May.
mamaluj [8]

Answer:

a. $161,350

b. $398,050

c. $81,140

Explanation:

<u>Total amount of manufacturing overhead</u>

Factory utilities                                                  $16,500

Depreciation on factory equipment                 $12,650

Indirect factory labor                                        $48,900

Indirect materials                                              $70,800

Factory manager's salary                                  $8,000

Property taxes on factory building                   $2,500

Factory repairs                                                   $2,000

Total                                                                 $161,350

Note : Manufacturing Overheads are Indirect Manufacturing Costs that can not be easily traced to the Product being manufactured.

<u>The total amount of product costs</u>

Direct materials used                                     $157,600

Direct labor                                                       $79,100

Manufacturing Overhead                               $161,350

Total                                                               $398,050

Note : Product Costs are Direct Manufacturing Costs that can be easily traced to the Product being manufactured.

<u>The total amount of period costs</u>

Depreciation on delivery trucks                       $3,800

Sales salaries                                                   $48,400

Repairs to office equipment                              $1,300

Advertising                                                      $23,000

Office supplies used                                         $4,640

Total                                                                   $81,140

Note : All Non Manufacturing Costs are Period Cost. Period Costs are expensed in the Income Statement.

4 0
3 years ago
A company has net income of $90,000; its weighted-average common shares outstanding are 18,000. Its dividend per share is $0.45,
LekaFEV [45]

Answer:

Option B is correct (17.6)

Price-earnings ratio=17.6

Explanation:

option B is correct (17.6)

Given Data:

Net income=$90,000

Weighted-average common shares outstanding=18,000

Market price per share=$88

Book value per share=$76

Required:

Price-earnings ratio=?

Solution:

Formula:

Price-earnings ratio=\frac{Market\ price\ per\Share}{\frac{Net\ Income}{ weighted\ -\ average\ common \ shares\ outstanding } }

Price-earnings ratio=\frac{\$88}{\frac{\$90,000}{18,000}}

Price-earnings ratio=17.6

5 0
3 years ago
Read 2 more answers
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