Answer: Non- price promotion
Explanation: In a non- price promotion, the company offering the product in the market focus on enhancing the quality of product by better service or design etc. rather than lowering the prices of the product.
The objective under this strategy is to capture the market and make a strong customer base.
Thus, we can conclude that the right answer is non price competition.
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For purchasing government securities, diminishing the save proportion, lessening the markdown rate, and a budgetary deficiency. The Economic recession is a time of general monetary decrease and is normally joined by a drop in the share trading system, an expansion in joblessness, and a decrease in the lodging market. For the most part, a retreat is less extreme than a wretchedness.
Answer and Explanation:
(a)
Dr Land ($176 X $20,000) $3,520,000
Cr Treasury Stock ($153 X $20,000) $3,060,000
Cr Paid-in Capital from Treasury Stock $460,000
b)
Cost of treasury stock might be used although , this is not a relevant measure of this economic event but it is a measure of a prior, unrelated event. Therefore the appraised value of the land is a reasonable alternative if based on appropriate fair value estimation techniques. However, it is an appraisal as opposed to a market-determined price. The trading price of the stock is probably the best measure of fair value in this type of transaction.
Answer:
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