Under the Robinson-Patman Act, a producer may not be able to charge one retailer a lower price than it charges another retailer just because the first retailer buys more merchandise. Volume discounts can be a violation of the Robinson-Patman because, according to the law:
a. price discounts injures low-income consumers b. price discounts unfairly target urban areas
c. price discounts give large volume retailers an advantage over small volume retailers
d. price discounts unfairly target urban areas and price discounts give large volume retailers an advantage over small volume retailers
e. price discounts injures low-income consumers and price discounts give large volume retailers an advantage over small volume retailers
c
You might also like to view...
During its first three years of operations a company reported pre-tax book income of $1,000,000 in year 1, ($1,800,000) in year 2, and $3,000,000 in year 3. The income tax rate applicable to each of the years was 40%.Assume that there weren't any temporary differences and a valuation allowance was not necessary.What amount of income tax expense was reported in year 3 if the company elected a loss carryback?
A. $ 480,000 B. $ 880,000 C. $ 400,000 D. $1,200,000
A local retailer seeking to expand on a regional basis and that does not have adequate financing, should consider a chain organization instead of franchising
Indicate whether the statement is true or false
For trading investments, provide the following
• Reporting method used • How unrealized holding gain or loss is reported • Balance sheet effects • Income statement effects Trading Investments: Reporting method used How unrealized holding gain or loss is reported Balance sheet effects Income statement effects What will be an ideal response
Using the data given, apply hierarchical clustering with 10 clusters using LandValue ($), BuildingValue ($), Acres, Age, and Price ($) as variables. Be sure to Normalize input data in Step 2 of the XLMiner Hierarchical Clustering procedure. Use Ward’s method as the clustering method
a. Use a PivotTable on the data in the HC_Clusters1 worksheet to compute the cluster centers for the clusters in the hierarchical clustering. b. Identify the cluster with the largest average price. Using all the variables, how would you characterize this cluster? c. Identify the smallest cluster.