The airline and hospitality industries use ________, by which they offer discounted but limited early purchases, higher-priced late purchases, and the lowest rates on unsold inventory just before it expires
A) special-customer pricing
B) yield pricing
C) cash rebates
D) location pricing
E) customer-segment pricing
B
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On January 1, a company issues bonds dated January 1 with a par value of $220,000. The bonds mature in 3 years. The contract rate is 6.0%, and interest is paid semiannually on June 30 and December 31. The market rate is 7.0%. Using the present value factors below, the issue (selling) price of the bonds is: n= i= Present Value of an Annuity(series of payments) Present value of 1(single sum)3 6.0?% 2.6730? 0.8396?6 3.0?% 5.4172? 0.8375?3 7.0?% 2.6243? 0.8163?6 3.5?% 5.3286? 0.8135?
A. $35,169. B. $220,000. C. $214,139. D. $225,861. E. $178,970.
Which of the following formulas is used to calculate the cost per equivalent unit of production (EUP) for direct materials? The weighted-average method is used.
A) Cost per EUP for direct materials = Total conversion costs / Equivalent units of production for direct materials B) Cost per EUP for direct materials = Total direct materials costs / Equivalent units of production for direct materials C) Cost per EUP for direct materials = Total transferred in costs / Equivalent units for transferred in D) Cost per EUP for direct materials = Total direct materials costs / Equivalent units of production for conversion costs
________ means that consumers are likely to remember good points made about a brand they favor and forget the good points made about competing brands
A) Selective retention B) Selective distortion C) Selective attention D) Restraint bias E) Subliminal perception
Which of the following is a difference between off-price retailers and specialty shops?
a. Off-price retailers replenish inventory items that are sold, while specialty shops never replenish inventory items that are sold. b. Off-price retailers employ a hybrid retail operating model, while specialty shops employ a mass merchandising retail operating model. c. Off-price retailers focus on lean inventory management, while specialty shops are supported by an agile approach to inventory. d. Off-price retailers adopt a high-service approach, while specialty shops de-emphasize customer service and product selection.