A producer of plastic water bottles that can be attached to bikes gives retailers a 3 percent price reduction to advertise its products locally. This is an example of
A. push money.
B. an advertising allowance.
C. a cash discount.
D. value pricing.
E. everyday low pricing.
Answer: B
You might also like to view...
Which of the following statements is true about appellate courts?
A. Appellate courts cannot reverse a finding of fact made by the jury. B. Appellate courts cannot reverse a finding of fact made by the judge. C. Appellate courts permit brief oral arguments between attorneys. D. Appellate courts cannot reverse decisions of lower courts.
The statement of cash flows will show ________.
Trinity Coatings Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2018: The beginning balance in the Cash account was $2900. Net cash provided by operating activities: $40,000 Net cash used for investing activities: $(25,500) Net cash provided by financing activities: $1700 A) ending cash of $16,200 B) net cash provided by operating activities $42,900 C) net cash provided by investing and financing activities $(23,800) D) ending cash of $19,100
Scenario: Connie's Corner CaféConnie decides to open "Connie's Corner Café" and finds the ideal location for her venture. However, it appears that Connie will have to approach investors or bankers for financial backing. When she talks to her local bank manager, Mr. Johnson, he immediately asks for Connie's business plan. Connie is in trouble because she does not know what a business plan looks like.In Connie's business plan, which of the following components is most likely to be of interest to Mr. Johnson?
A. Amounts and schedules for returns B. Competitive advantage C. Growth rate D. Cash flow and cash cycle
Litton signed a listing contract with Monroe, a real estate broker, allowing Monroe to sell his (Litton's) house for $60,000 . Monroe found a buyer who was willing to pay $65,000 . May Monroe keep the extra $5,000?