The answer choice which represents a bait-and-switch scam is Choice B; Mike decides to complain to the Better Business Bureau after a store advertises “everything in this store is $5 or less” but discovers the store charges a $2 fee for credit card purchases under $66.
<h3>Which is an evidence against a bait-and-switch scam?</h3>
Bait and switch is a morally suspect sales tactic that lures customers in with specific claims about the quality or low prices on items that turn out to be unavailable in order to upsell them on a similar, pricier item. It is simply considered a form of retail sales fraud, though it takes place in other contexts.
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Answer:
Regional Production
Explanation:
Juggernaut, Inc. can manufacture its bulk products by region, that way the distance to each selling point is less and the costs are lower.
Accounts receivable, net of the allowance for doubtful accounts is called net realizable value.
<h3>What is net realizable value?</h3>
Net realizable value is the method of knowing the value of asset that is held as inventory. The purpose of this method is to avoid overstating or understating the value of an goods in inventory.
The net realizable value is the result of deducting the costs incurred in selling the goods from its selling price.
Hence, accounts receivable, net of the allowance for doubtful accounts is called net realizable value.
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Answer:
$35,000
Explanation:
Since this is an operating lease (short lease term, no transfer of ownership, and low present value of lease payments), the lessor has to record a depreciation expense, but the lessee only considers lease payments as operating costs (no depreciation expense or lease liability should be recognized).
Depreciation expense per year under the straight line method = asset cost / useful life = $280,000 / 8 years = $35,000
