It can be useful for customers to have some type of comparative price when considering a product purchase. Such a comparison is referred to as ________ pricing, which in the case of price bundling is the total price of the components of the bundle if purchased separately versus the bundled price.
A. prestige
B. odd/even
C. product line
D. reference
E. captive
Answer: D
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a. Account b. General Journal c. General Ledger d. Chart of Accounts
What effect does "recognizing an accrued liability for utilities at the end of the accounting period" have on the accounting equation?
a. Assets decrease and stockholders' equity decreases. b. Liabilities increase and stockholders' equity increases. c. Assets decrease and liabilities decrease. d. Liabilities increase and stockholders' equity decreases.
An opportunity cost is the benefit given up or sacrificed when one alternative is chosen over another
Indicate whether the statement is true or false
You are considering prepaying an installment loan you took out several months ago. The lender has provided you with the following information
remaining months to pay 10 loan payoff $851.29 monthly payments $95. 00 balance due in last month of the loan $95.00 remaining interest on the loan $98.71 You believe you can earn an annual after-tax rate of rate of 16% on your investments in each of the next ten months (1.33% a month). Given the above information, you should A) prepay the loan; your net gain will be about $35.62. B) not prepay the loan; your net gain will be about $35.62. C) prepay the loan; your net gain will be about $14.80. D) not prepay the loan; your net gain will be about $14.80.