Answer:
reference prices
Explanation:
Pricing strategy is a process by which a seller makes use of different methods for selling a product or service. It is a method of setting the price per unit of a product and also hindering the entry of new sellers in the market by the existing sellers.
In determining the price for his company's new pocket digital camera, Matthew determines what consumers consider the regular or original price for similar cameras available in the market. Matthew is assessing the influence of <u>reference prices </u>on pricing strategy.
Reference prices is a strategy used by the existing sellers where they take the help of the prices of the commodity set by the competitors. The sellers try and fix a price of their commodity lower than that fixed by the competitors.
Answer:
Option D, Final goods, and services produced in the United States.
Explanation:
Option D is correct because the gross national product is the value of all goods and services produced in the domestic boundary of a nation during the accounting year and all the net factor income from abroad. Since there is a lack of information regarding the net factor income from abroad in the question, so just consider the value of final goods and services produced in the domestic territory that will be part of GNP.
Answer:
Quick ratio = 1.33, NWC to Total assets = 0.15
<u>Explanation:</u>
Given:
Current assets = $30000
Total assets = $100,000
Inventories = $10,000
Cash = $5000
Total liabilities = $30,000
Current liabilities = $15000
Notes payable = $2000
To calculate firm’s quick asset and NWC-to-Total-Assets ratios, formulas need to be applied:
Quick ratio = (Current assets-inventory)/Current liabilities
= (30000-10000)/15000
= 1.33(Approx)
NWC to total assets = Net working capital/Total assets
NWC=Current Assets-Current liabilities
= (30000-15000) = $15000
Hence NWC to Total assets = (15000/100,000)
= 0.15
Answer:
Fraudulent disbursements,
card statement review
Explanation:
Fraudulent disbursements are very common and occur when an employee misappropriates company funds by making inappropriate payments, fraudulent. They are also called on-book frauds and can only be traced by putting systems that keep these practices in check. The most likely way to have caught the employee in the above case was to review the card statement and review purchases made and to what amount the refund from the company's card was made
