BUSINESS HIGH SCHOOL

________ is an unlawful, deceptive practice that lures customers into a store by advertising a product at a lower-than-normal price and then, once they are in the store, induces them to purchase a higher-priced model.

Answers

Answer 1
Answer:

Answer:

Bait and switch

Explanation:

Bait and switch is a sales method that is carried out to attract customers. It is done by reducing the price of the products with the intention of giving the customer a different product at a much more higher price.

Bait and switch is a deceptive means of advertising that is used by retailers to trick people into their shops to enable them to buy a different product other than the ones which were advertised.

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The SAT and ACT are examples of exams taken by those who want to enter _____ degree programs.undergraduate post-secondary graduate secondary
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Interface, a manufacturer of floor covering products, has recently entered into an agreement with Cargill, Inc. and Dow Chemical Company to develop carpeting manufactured from corn fiber, rather than the traditional nylon. Interface hopes to develop a biodegradable carpet tile that will be sold to the public at prices only slightly higher than nylon carpet tiles. Interface's CEO has repeatedly said the mission of his company is to look for manufacturing materials that are renewable and are not petroleum dependent. Refer to Interface. Which of the following is the BEST example of a nonmarketing-controlled information source for floor tiling?a. a store display showing the various colors of tiles available
b. an ad in Better Homes & Gardens for floor tiles
c. a salesperson at a store that specializes in floor coverings
d. a brochure explaining why the corn-based floor tiles are superior to nylon ones
e. a discussion with co-workers about the best floor tiles to buy

Answers

Answer:

e

Explanation:

The correct option is e. Which is a discussion with co-workers about the best floor tile to buy.

Discussing with co-workers on what floor tile to buy is a source of non-marketing controlled product information. It is not associated with advertising or promotion.

Some other examples of nonmarketing-controlled information sources include personal experiences, personal sources, and public sources.

If a marketing manager queries a marketing information system to determine the effect of three different levels of price for a new product, she is using __________.

Answers

Answer:

sensitivity analysis

Explanation:

Based on the information provided within the question it can be said that in this scenario the marketing manager would be using sensitivity analysis. This is a method of analyzing the uncertainty outputs that a mathematical model will have on something. Which in this case would be the different price levels on a new product.

Pappy Corporation received cash of $36,000 on September 1,2017 for one year's rent in advance and recorded the transaction with a credit to Unearned Rent December 31, 2017 adjusting entry isdebit Rent Revenue and credit Unearned Rent Revenue, $12,000.
debit Rent Revenue and credit Unearned Rent Revenue, $24,000.
debit Unearned Rent Revenue and credit Rent Revenue, $12,000.
debit Cash and credit Unearned Rent Revenue, $24,000

Answers

Answer:

debit Unearned Rent Revenue and credit Rent Revenue, $12,000.

Explanation:

Provided information we have,

Rent is received on 1 September 2017 for a period of 1 year on which it is accounted as Unearned Rent amounting $36,000.

Entry on that date would be

Cash A/c Dr.                  $36,000

To Unearned Rent                        $36,000

At the end of the year on 31 December 2017, we have period of current year lapsed = 1 September to 31 December = 4 months.

Thus rent income for the year = $36,000 * (4)/(12) = $12,000

Therefore this rent of $12,000 will be recognized as rent income for the year 2017.

Entry will be

Unearned Rent A/c Dr.            $12,000

          To Rent Revenue                         $12,000

Final answer:

At the end of the year, Pappy Corporation should debit Unearned Rent Revenue and credit Rent Revenue by $12,000 as part of an adjusting entry to reflect 4 months of earned rent. The remainder stays in Unearned Rent until it's earned in the following year.

Explanation:

The transaction from September 1, 2017, where Pappy Corporation received cash of $36,000 for one full year's rent in advance, is recorded with a credit to Unearned Rent. The Unearned Rent is a liability account which shows that Pappy Corporation has an obligation to provide the rent space in the future. At the end of the year, December 31, 2017, an adjusting entry should be made to transfer a third of the rent payment ($12,000) from the Unearned Rent account to the Rent Revenue account as by this time four months of rent have been earned. Hence, the accurate adjusting entry is debit Unearned Rent Revenue and credit Rent Revenue, $12,000. The remaining $24,000 stays in the Unearned Rent account until it is earned in the following year.

Learn more about Accounting for Unearned Revenue here:

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Positive qualities and character traits that determine how you act and perform your job refer to A. professionalism.
B. approachability.
C. ethical behavior.
D. skills.

Answers

Based on my opinion, the best answer would be B.
I may not be correct but...
I hope this helps:)

Fees associated with buying and finalizing your loan are known as _____.

Answers

Closing cost is the term used to call for a fees associated with buying and finalizing your loan. When you say closing cost meaning you are closing a real estate transaction. From the world itself closing, meaning you are conveying the estate to the buyer.

Answer:

Closing cost

Explanation:

Wright Corporation had the following information available for December of the current year:Work in process, December 1 $20,000 Materials placed into production, December 27,500 Direct labor, December 37,500 ​ Plantwide overhead rate is 150% of direct labor costs. Job cost sheets had the following balances: Job Z1 $32,500 Job Z2 55,000 Job Z3 35,000 Job Z4 18,750 ​ Jobs Z3 and Z4 were not completed at the end of December. What is the balance in work-in process for Wright at the end of December?Select one:a. $85,000
b. $87,500
c. $56,250
d. $53,750

Answers

Answer:

d. $53,750

Explanation:

Balance in work-in process = Cost of Job Z3 + Cot of Job Z4

                                              = 35000 + 18750

                                              = $53,750

Therefore, The balance in work-in process for Wright at the end of December is $53,750.
the answer is d . $53,750
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