Jordan's Underprices
If you find a lower advertised price on identical merchandise under the same terms and conditions from another store-based retailer within the local Retail Trade Area, within 30 days of purchase, Jordan's Furniture will refund the difference.
Industry: Retail; Furniture
Answer:
Monopolistic Competition
Explanation:
Monopolistic Competition is a market structure or form of competition in which there are many sellers, each producing a more or less differentiated product.
This last point is why the use of the marketing mix is key here: because the goods are not homogeneous (like in perfect competition), their prices, brands, packaging and promotion strategy are very important in order to attract a larger market share than the competing products.
In periods of rising prices, the inventory method which results in the inventory value on the balance sheet that is closest to current cost is the FIFO method.
A period of rising prices is known as an inflationary period. In an inflationary period, the prices of goods and services increase.
There are three inventory methods:
- FIFO method: The first in, first out (FIFO) method assumes that the inventories purchases first are sold first and ending inventory is made up of the goods bought last.
- LIFO method: The last-in, first-out (LIFO) method assumes that the latest purchased inventories are the first to be sold and ending inventory consists of goods purchased first.
- The average cost method: this method makes use of the weighted average cost to determine the value of goods sold and ending inventory.
The balance sheet records ending inventory. In periods of rising prices, the FIFO method would result in inventory value closest to the current cost in the balance sheet.
A similar question was answered here: brainly.com/question/14938191?referrer=searchResults
Answer:
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3. According to Kemp, the definition of money is value that we have agreed upon to pay or receive in a set duration of time.
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Explanation:
There are different kinds of questions. The question that involves a capital structure decision is How much debt should the firm incur to fund a project.
<h3>What is a good debt-to-equity ratio?</h3>
This is known to often varies from firm to firm, a debt-to-equity ratio of around 2 or 2.5 is said to be considered good.
This ratio helps us to known that for every dollar put into in the firm, about 66 cents arises from debt, while the rest 33 cents is from the company's equity.
Learn more about how to fund a project from
brainly.com/question/508027