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Kipish [7]
3 years ago
15

Which pricing policy is probably "best" for a profit-oriented, low-cost producer who is introducing a new product into a market

with elastic demand and is expecting strong competition very soon after product introduction? 1. skimming pricing 2. meeting competition pricing 3. status-quo pricing 4. introductory price dealing 5. penetration pricing?
Business
1 answer:
Law Incorporation [45]3 years ago
8 0
5. Penetration Pricing
Firms typically do this when offering a new product to take away some of the market shares of competitors by lowering the price of their products. 
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At the beginning of Year 1, a company reported a balance in common stock of $164,000 and a balance in retained earnings of $64,0
blagie [28]

Answer:

Explanation:

The preparation of the statement of stockholder equity and balance sheet is presented below:

a. Statement of stockholder equity

<u>Particulars            Common stock         Retained earnings      Total stock equity</u>

Beg balance        $150000                   $50,000                      $200,000

Add: Addi shares  $40,000                                                       $40,000

Add: Net income                                    $30,000                     $30,000

Less: dividend                                         -$10000                     -$10000

Total                     $190,000                 $70,000                    $260,000

b. Balance sheet

Assets                          Amount                    

Cash                               $52,600                  

Supplies                         $13,400                

Prepaid rent                   $24,000                    

Land                               $200,000    

Total assets                   $290,000          

Liabilities       Amount

Account payable $9,100

Un-earned revenue $2,400

Salaries payable $3,500

Notes payable      $15,000

 Stockholder equity $260,000

Total liabilities & stockholder equity $290,000

6 0
2 years ago
A balanced budget is present when a. the economy is at full employment. b. the actual level of aggregate spending equals the pla
photoshop1234 [79]

Answer:

d. government revenues equal government expenditures.

Explanation:

A balanced budget refers to a situation in which earnings are equal or greater than the expenses. Usually this term is used when talking about government budget and this is a budget that has no deficit and that it is possible than can have a surplus which helps to avoid leaving big debt for the future that can posses problems. According to this, a balanced budget is present when government revenues equal government expenditures.

4 0
2 years ago
A 7-year, $1,000 par bond has an 8% annual coupon and is currently yielding 7.5%. The bond can be called in 3 years at a call pr
AVprozaik [17]

The Yield to call is 7.30%

Par value of Bond (FV) = $1,000

Annual Coupon (A) = 8%*1,000 = $80

Years until maturity = 8

Current YTM = 7.5%

We need to calculate the Current Price of Bond (PV)

PV = 80 * (P/A, 0.075, 7) + 1000 * (P/F, 0.075, 7)

PV = $1,026.48

Call Price = $1,010

Call Period = 3 years

Yield to call = ytc

1026.48 = 80* (P/A, ytc, 3) + 1010 * (P/F, ytc, 3)

Using the <em>trail and error </em>method,

Yield to call = 7.30%

In conclusion, the Yield to call is 7.30%

Read more about Yield to call

<em>brainly.com/question/25928027</em>

5 0
2 years ago
Volunteers serving alcohol at a special event must
mote1985 [20]

Volunteers serving alcohol at a special event must

1) firstly, volunteers must be of legal age to serve alcohol at any event.

2) Volunteers must abide by all the rules and laws for alcoholic beverages in the state where an event will take place, for example, some states or cities may require the volunteer to get a one time permit to serve alcohol.

3) Volunteers must recognize signs of intoxication and professionally refuse or give any more alcohol to intoxicated persons.

4) Volunteers must observe the ages of the guest. It might be hard to ask guests for their ID, however, if in doubt request for ID before serving alcohol, and if in trouble, reach out to management, or your superior.

5) importantly, Volunteers must not serve alcohol to minors because this might land you in jail.

3 0
2 years ago
Question 4
denis23 [38]

Answer:

B. Accounts Receivable

7 0
3 years ago
Read 2 more answers
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