HP sells some of its color printers for about $100, but the refill cartridges cost over $30 each. HP's pricing strategy would be best labeled as
A. reference pricing.
B. captive pricing.
C. customary pricing.
D. price lining.
E. complementary pricing.
Answer: B
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Excerpts from Neuwirth Corporation's comparative balance sheet appear below: Ending BalanceBeginning BalanceCash and cash equivalents$37,000 $27,000 Accounts receivable$24,000 $28,000 Inventory$65,000 $68,000 Which of the following is the correct treatment within the operating activities section of the statement of cash flows using the indirect method?
A. The change in Accounts Receivable is added to net income; The change in Inventory is subtracted from net income B. The change in Accounts Receivable is subtracted from net income; The change in Inventory is added to net income C. The change in Accounts Receivable is subtracted from net income; The change in Inventory is subtracted from net income D. The change in Accounts Receivable is added to net income; The change in Inventory is added to net income
Starlight Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, it purchased 20 units at $205 each. 11 units are sold on October 4. Using the LIFO perpetual inventory method, what is the value of inventory after the October 4 sale?
A. $3,485. B. $3,472. C. $3,461. D. $3,500. E. $3,445.
Strategic leadership pertains to the use of power and influence by ________ to direct the activities of others when pursuing an organization's goals.
A. corporate executives B. external stakeholders C. lower-level managers D. production workers
The bedrock principle of business is that it should ________.
A. please its customers B. advertise better than its competitors C. earn a profit D. continually improve