Answer:
Trade-off analysis <em>is a group of methods that calculate the preferences of respondents of different product attributes (usually including price). </em>
To calculate consumer preferences, understand how price changes influence product or service demand, and predict a product's likely acceptance when brought to market.
The benefits are calculated indirectly in certain situations.
They are one of marketing research's most commonly used quantitative methods.
Answer:
The correct journal entry to record the payment on July 12 is:
Debit Accounts Payable $1,700
Credit Merchandise $34
Credit Cash $1,666
Explanation:
Credit terms of 2/10, n/30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
On July 5:
Debit Merchandise $2,000
Credit Accounts payable $2,000
On July 7:
Debit Accounts payable $300
Credit Merchandise $300
On July 12, the company pays and takes the appropriate discount:
2% x ($2,000 - $300) = $34
The company uses a perpetual inventory system, and records purchases using the gross method.
The journal entry to record the payment:
Debit Accounts Payable $1,700
Credit Merchandise $34
Credit Cash $1,666
Answer:
The Average Collection period is 92 days.
Explanation:
Average collection period is the average number of days between the number of credit sales and the day when the cash is received. It means how many days it will take received cash from the credit sales on average.
Credit Sales = $2,736,000
Account Receivable = $699,200
Average collection period = ( Account receivable / Credit sales ) x 360
Average collection period = ( $699,200 / $2,736,000 ) x 360
Average collection period = 92 days
Answer:
(E) boycott
Explanation:
Boycott refers to the avoidance of goods and products from an entity in an act of protest against an action by the entity. The entity could be a state, government, company, or any other body. The aim is usually to prevent economic benefits from flowing to the entity thereby forcing it to reverse the action being protested against.
Expropriation refers to the takeover of a property by a government usually for public use. Quota refers to limiting the quantity of goods to be imported from a foreign country to a given quantity. Tariff refers to a charge on imports from other countries. Exchange control refers to measures aimed at stabilizing the value of a nation's currency.
Answer: B.Unrealized Increase in Value of Available-for-Sale Securities Equity of $7,500
Explanation:
Walker acquired the 500 shares at a price of $30 in 2012. At the end of 2012 however, the shares were worth $22.50.
At the end of 2013, it is stated that the shares are now worth $37.50 meaning they increased in value.
The value of the increase is therefore the difference between the most recent previous price and the new price,
= 500 shares * ( 37.50 - 22.50)
= $7,500
Available for Sale Securities Account should therefore see an increase of $7,500 because of the increase in price from the end of 2012 to the end of 2013.
It is worthy of note that at the end of 2012, the account decreased by the difference between the purchase price of $30 and the end of 2012 price of $22.50. This is why at the end of 2013, the price used as the previous price was $22.50.
