This assertion is accurate. Credit conditions of 2/10, n/30 signify that the seller will give the buyer a 2% cash discount if they pay the full amount within 10 days of the invoice date. If not, the entire sum is due in 30 days.
What does 2/10 N 30 signify in terms of sales discounts?Trade credit is given by the seller to the buyer in the amount of 2/10 net 30. Invoices must be paid in full within the first ten days after the invoice date to qualify for a reduction of 2% on the net amount. Otherwise, a reduction is not offered, and the entire invoice amount is due in 30 days.
What exactly do the credit terms 2/15 N 30 mean?The words "2/15, n/30" (2% discount for payment within 15 days and full payment due within 30 days) and "n/10 EOM" are a couple of versions of the cash discount terms (the invoice is due and payable 10 days after the end of the month in which the sale occurred).
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an effective distribution network can overcome minor flaws in the marketing mix. although consumers may perceive a price as being higher than normal, they may buy the product anyway if it is sold at a convenient retail outlet.
True, an effective distribution network can overcome minor flaws in the marketing mix. although consumers may perceive a price as being higher than normal, they may buy the product anyway if it is sold at a convenient retail outlet.
Marketing is the term used to describe the activities a business engages in to encourage the purchase or sale of a good or service. Delivering goods to customers or other businesses includes marketing activities like advertising and sales. Affiliates will occasionally carry out marketing for a business.
A company's distribution strategy is crucial. Simply put, a strong distribution network gives a business a better chance of outselling rivals in terms of sales of its goods. For any kind of business or service, distribution is essential. Even the best-priced product, promotions, and people are useless if they cannot be purchased at locations where consumers can do so.
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check writing fees. randy, a student, has $ to deposit in a new chequing account, but randy knows he will not be able to maintain a minimum balance. he will not use an atm card, but will write a large number of cheques. randy is trying to choose between the unlimited check writing offered by south trust and the low per-check fee offered by sun coast. how many checks would randy have to write each month for the account at south trust to be the better option?
Randy has to write more than 14 checks for South Trust Bank to be more feasible. [Break-even = 14 checks] or subtract monthly charges for each bank/fee for writing check for the account at South Trust
A bank account with a banking institution that permits demand and withdrawals is known as a checking account. Checking accounts, often referred to as demand accounts or transactional accounts, are relatively liquid and can be accessed in a variety of ways, including through cheques, automated teller machines (ATMs), and electronic debits.
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What benefit do lenders get from reviewing a prospective borrower’s credit report?.
Lenders can also use your credit score file statistics to determine whether or not you may get a mortgage and the terms you get for a mortgage (for example, the interest charge they may rate you).
Coverage agencies may additionally use the records to determine whether or not you can get coverage and to set the prices you may pay.
The number one motive of a credit evaluation within the eyes of creditors is to decide if the capability borrower is a superb credit threat; 2 have a look at a prospective borrower's credit score records, and three) reveal doubtlessly poor facts.
Alongside many different portions of records, potential creditors and creditors – together with credit card organizations, mortgage creditors and vehicle lenders – may additionally use your credit ratings and credit history to help make lending decisions. These companies need to understand how probable you are to pay the cash they lend lower back as agreed.
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raquel is the new restaurant manager in a major hotel. when considering which changes would most likely increase the restaurant's value to customers, raquel should provide her customers the menu items that they want and the quality service that they deserve, as well as,
Since Raquel need to provide her customers the menu items that they want and the quality service that they deserve, as well as option A: improve products and services at the same cost.
Why is it important to set a good price for a product or service?To remain competitive in marketplaces under rising volume and price pressure, the proper pricing strategy is crucial. It gives you the compensation you are due for the goods and services you provide and ensures the earnings you need to make investments in change and expansion.
Note that Consistently exceeding clients' expectations is what constitutes good customer service. Excellent customer service is prompt, simple, individualized, and sympathetic. Businesses that provide excellent customer service invest the time necessary to comprehend the needs of their specific clientele.
Therefore, How well a service meets a customer's expectations is a measure of service quality. Discover the meaning of service quality and its components, which include concrete elements, dependability, and others.
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See full question below
raquel is the new restaurant manager in a major hotel. when considering which changes would most likely increase the restaurant's value to customers, raquel should provide her customers the menu items that they want and the quality service that they deserve, as well as,
A. improve products and services at the same cost.
B. increase prices to increase revenue.
C. offset higher hotel rates with lower restaurant prices.
D. reduce customer expectations through reduced service.
E. lower the quality and the price.
How does granger establish montag’s importance to the group’s mission, even though montag lacks academic training?.
Montag, according to Granger, is significant because he stands in for their "back-up copy" of the Book of Ecclesiastes. Finally, someone has confirmed Montag's interpretation. According to Granger, his gang is waiting for humanity to once again be ready for books before they can be of any help to the rest of the world.
What is Granger thinking of Montag?Montag's rebirth into a more fulfilling existence is symbolized by Granger's sardonic reception of him after his death. The concept of metamorphosis or transformation has been hinted at since Bradbury uses butterfly imagery throughout the novel, notably to represent the "death" of burning books. The men are living conduits to the dead because they are able to recall every word from books they have read. They humorously introduce themselves to Montag using the names of authors who have passed away. These folks have several lives, identities, and chances for rebirth because to the remnants of the past that are preserved in literature.
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Answer: granger establishes montage importance to the group because he knows the book of ecclesiastes
Though data collected at the checkout counter of a grocery store are primarily used for sales and inventory records, this data can also be used to study how consumers shop. This latter use is an example of ______ data.
Based on the fact that the data can be used to study the way customers shop, this latter use is an example of internal secondary data.
What is internal secondary data?Secondary data on its own, refers to when data is used by a person or entity that was not the one who gathered it, or when data is used for a purpose other than what it was gathered for.
An internal secondary data would be data that is gathered by a company for one reason, and then used for another. This is why using the data for sales and inventory records to study consumer shopping patterns, makes it internal secondary data.
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Write a formula that will calculate what your net price of attending a school is.
(The total cost of college — tuition, room and board, and including books —grants or scholarships for an eligible student) is a formula that will calculate your net price of attending a school.
Start with the list price, then include all applicable taxes and other mandatory fees to arrive at the net price. Then deduct any rebates, discounts, or negotiated pricing. The final price is the net price. The expression "net price" is also used to denote other phrases such the "actual price" and "negotiated price".
The attendance expenses that parents and students must cover out-of-pocket or with student loans are included in the net price of a college. The net price of a college is an estimation of the out-of-pocket costs that you and your family will incur for one academic year.
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Maleri Designs sells cartons of cloth face masks ($18) and cartons of hand-sanitizer ($9) on eBay. One of their customers, Mod World, purchased 21 cartons for $297. How many of cartons of each did Mod World purchase?
The cartons of face masks that Maleri Designs sold is 12.
The cartons of hand-sanitizer that Maleri Designs sold is 9.
How many of cartons of each did Mod World purchase?The first step is to develop a set of linear equations that represent the information provided in the question
18a + 9s = 297 equation 1
a + s = 21 equation 2
Where:
a = cartons of cloth face masks bought s = cartons of hand santizer boughtThe two linear equations formed would be solved using the elimination method.
Multiply equation 2 by 18:
18a + 18s = 378 equation 3
Subtract equation 1 from equation 3
9s = 81
Divide both sides of the equation by 9:
s = 81 / 9
s = 9
Substitute for s in equation 2
a + 9 = 21
a = 21 - 9
a = 12
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leaders who are dominant, self-confident, and able to communicate their vision to subordinates are leaders. multiple choice question. relationship-oriented task-oriented charismatic transactional
Leaders who are dominant, self-confident, and able to communicate their vision to subordinates are charismatic leaders .
What is meant by charismatic leader?
Charismatic leadership means by a leader who uses his communication skills, persuasiveness, and charm to influenced others. Charismatic leaders, using their ability to connect with people on a deep level, are actually valuable within organizations which are facing a crisis or are struggling to move forward.
Where is charismatic leadership used?Charismatic leadership fit well in an environment where people need the presence of an individual capable of changing the status of company . Charismatic leadership styles work nicely during urgent organizational changes. They are also crucial when organizations undergoes fundamental changes.
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What has prevented you from saving money in the past? based on what you’ve learned, what can you do to change this?.
What has kept me from saving in the past is my overspending. Based on what I've learned, I can change this by not overspending, and saving what I have left over.
Monetary savings is the amount of cash left over after spending and distinctive duties are deducted from profits. economic savings constitute coins this is otherwise idle and no longer being placed at chance with investments or spent on consumption.
Saving is earnings not spent or deferred consumption. strategies of saving embody setting money apart in, for instance, a deposit account, a pension account, a funding fund, or coins. Saving also includes decreasing charges, which include ordinary expenses. There are specific varieties of monetary savings bills to select from, and they'll be no longer all alike. The options consist of traditional financial savings debts, high-yield financial savings payments, money market debts, certificates of deposit, coins management money owed, and robust point savings bills.
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a manager periodically assesses her active managerial control program to see if it’s working. this is an example of which step in active managerial control?
A manager periodically assesses her active managerial control program to see if it’s working. this is an example of Re-evaluation in active managerial control.
A preventative technique for managing food safety is called Active Managerial Control (AMC). Instead of responding when an inspector flags an uncontrolled risk factor, food service managers utilise AMC to reduce the risk of foodborne disease. Daily, the management assumes the role of the inspector. Employees and management are both accountable for reducing the risk factors for foodborne disease.
AMC programming ought to consist of:
Written Policies: Policies outline what is expected of staff. The cold holding policy, for instance, can provide that any food that is temperature controlled for safety (TCS) must be kept chilled at or below 41°F.Training: All employees should get policy-related training. All food preparation employees should be instructed that TCS food should be 41°F or less as part of a cold holding policy. Not just the person in control should be aware of the policies and in responsibility of adhering to them.Monitoring: One method of monitoring a cold holding policy, for instance, is to keep track of the temperatures of TCS items using a temperature log.Corrective Measure: The policy statement ought to include the corrective measure. Does the cold holding policy, for instance, specify what personnel should do if the temperature log for TCS food indicates that it is out of temperature?Learn more about Active Managerial Control (AMC), here
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logan company and clayton company assign manufacturing overhead to work in process inventory using direct labor cost. the following information is available for the companies for the year: logan company clayton company actual direct labor cost $ 200,000 $ 112,500 estimated direct labor cost 187,500 125,000 actual manufacturing overhead cost 72,500 95,000 estimated manufacturing overhead cost 75,000 100,000 required compute the predetermined overhead rate for each company. determine the amount of overhead cost that would be applied to work in process inventory for each company. compute the amount of overapplied or underapplied manufacturing overhead cost for each company.
1. The computation of the predetermined overhead rate for each company is as follows:
Logan Clayton
Predetermined overhead rate $0.40 $0.80
2. The determination of the overhead cost applied to work in process for each company is as follows:
Logan Clayton
Applied overhead cost $80,000 $90,000
3. The computation of the overapplied or underapplied manufacturing overhead cost for each company is as follows:
Logan Clayton
Overapplied overhead $7,500
Underapplied overhead ($5,000)
What is the predetermined overhead rate?The predetermined overhead rate is the result of the division of the estimated manufacturing overhead by the estimated total cost-driver units.
For instance, Logan Company's estimated manufacturing overhead is divided by the estimated direct labor cost (cost-driver).
Logan Clayton
Actual direct labor cost $200,000 $112,500
Estimated direct labor cost 187,500 125,000
Actual manufacturing overhead cost 72,500 95,000
Estimated manufacturing overhead cost 75,000 100,000
Predetermined overhead rate $0.40 $0.80
($75,000/$187,500) ($100,000/$125,000)
Applied overhead cost $80,000 $90,000
($200,000 x $0.40) ($112,500 x $0.80)
Overapplied or underapplied overhead $7,500 ($5,000)
Overapplied overhead = $7,500 ($80,000 - $75,000)
Underapplied overhead = -$5,000 ($90,000 - $95,000)
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ace electronics signed a 10-year, $100,000, 4% note payable on january 1. when the note is signed, ace should record a liability of . multiple choice question. $104,000 $100,000 $140,000 $1,000,000
Ace electronics should record a liability of $100,000. Thus, option second is correct.
What is Liability?Liabilities are any obligations owed by the organization, such as borrowed funds, mortgages, unpaid payments, Promissory notes, or any other quantity of money owed to another person.
The obligation is must be recorded at the face amount when a note is signed. Because no interest was accumulated prior to the date of signing, the complete note value will be recognized as liability.
Therefore, it can be concluded that option second is correct.
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20) which of the following events will cause a reduction in equilibrium output? a) an increase in the marginal propensity to save b) an increase in taxes c) a reduction in the marginal propensity to consume d) all of the above e) none of the above
The following event that will cause a reduction in equilibrium output is D. all of the above. The equilibrium output can be defined as the point where planned aggregate expenditure is equal to national income (output).
Economic equilibrium can be defined as a condition or state in which economic forces are balanced. There are 3 types of equilibrium in economics, such as:
Equilibrium price, that can be defined as the price at which quantity supplied equals quantity demanded.Competitive equilibrium, that can be defined as a condition when all buyers and sellers are small relative to the market.Economic equilibrium, that can be defined as a condition in economics.Learn more about equilibrium output here https://brainly.com/question/12125724
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bandana company had the following balances for net income and pretax gains and losses on december 31: net income $ loss on discontinued operations () unrealized gain on trading security foreign currency translation gain the company's effective tax rate is 40%. what amount should bandana company report as comprehensive income for the year ended december 31?
If bandana company had net income $ 650,000 loss on discontinued operations ( $ 75,000) unrealized gain on trading security $ 35,000 foreign currency translation gain $ 150,000. The amount that bandana should report as comprehensive income for the year ended December 31 is $740,000.
Comprehensive income for the yearGiven data:
Foreign currency translation gain = $ 150,000
Unrealized loss on trading security = ( $35,000 )
Net income = $ 650,000
Loss on discontinued operations = ( $75,000 )
Effective tax rate = 40 % or 0.40
Now let determine or find the comprehensive income amount that should be report at the end of the year.
Net income $650,000
Add Foreign currency translation gain $90,000
[ $150,000 × ( 100 % - 40 % ]
Total comprehensive income $740,000
Therefore the comprehensive income is the amount of $740,000.
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The complete question is :
bandana company had the following balances for net income and pretax gains and losses on december 31: net income $650,000 loss on discontinued operations ($75,000) unrealized gain on trading security $35,000 foreign currency translation gain $150,000 the company's effective tax rate is 40%. what amount should bandana company report as comprehensive income for the year ended december 31?
the best way to manage issues like full-cost pricing is through . group of answer choices private corporations government non-governmental organizations individual action environmental groups
The best way to manage issues like full-cost pricing is through is private corporations
What is pricing?
Pricing, which can be a part of a company's marketing strategy, is the process by which a company determines the price at which it will sell its goods and services. When determining prices, the company will consider the cost of production, the market, the competition, the state of the market, the brand, and the quality of the product. One of the four Ps of marketing, along with product, promotion, and place, pricing is a key component of product management. The other three of the four Ps are cost centres; only price generates revenue. Other Ps of marketing will help to reduce price elasticity, on the other hand, allowing price increases to result in higher revenue and profits.
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your significant other just won the power ball lottery (considering that you attend oru and are a business major, your significant other must have found the ticket on the ground). your significant other has the choice of $10,000,000 today or a 30-year annuity of $500,000, with the first payment coming today. what rate of return is built into the annuity?
3.08% rate of return is built into the annuity. A rate of return is the gain or loss on an investment over a specified time period expressed as a percentage of the cost of the investment.
A simple rate of return is calculated by subtracting the investment's initial value from its current value and then dividing the result by the initial value. To report it as a percentage, multiply the result by 100.
Most investors consider an average annual rate of return of 10% or higher to be a good ROI for long-term stock market investments.
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don was temporarily dismissed from his company because sales are slow. when the situation improves at the company, he will likely be brought back as an employee. this is an example of being .
Don was briefly fired from his company due to low sales. He'll probably be brought back as an employee when things at the business become better is an example of being Laid off
Don was briefly fired from his company due to low sales. He'll probably be brought back as an employee when things at the business become better. An illustration of existence is this.
Someone who is paid to work for a person or business is called an employee. Workers only need to be paid by an employer in order to be deemed employees; they do not need to work full-time (the person or business that pays them).
An example to use as a comparison.
A visual aid that clarifies or accentuates a point is referred to as a diagram or picture.
B: a concrete illustration or illustration that clarifies a point.
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Accrued interest revenue will appear on the income statement but not on the statement of cash flows. This statement is.
Interest revenue from accrued interest will show up on the income statement but not the statement of cash flows. It's accurate to say this.
The expense that has been incurred but not yet paid by an organization Interest revenue is called accrued interest expense. It will result in higher overall expenses on the income statement and lower net income. The statement of cash flow will not be impacted because there is no cash outflow.
An entity's cost for borrowing money is known as an interest expense. On the income statement, interest expense is listed as a non-operating Interest revenue expense. It represents interest that must be paid on all borrowings, including bonds, loans, convertible debt, and credit lines.
It is essentially determined by multiplying the debt's outstanding principal amount by the interest rate. Instead of the amount of income statement paid during that time, interest expenditure on the income statement shows interest accrued throughout the period covered by the financial statements. Despite the fact that interest costs are tax deductible for businesses, they Interest revenue may not be in the case of an individual, depending on their jurisdiction and the loan's intended use.
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in march 1933, congress established the federal government as a direct employer of the unemployed when it authorized the hiring of young men to work on projects to improve national parks, forests, and flood control, through what was called
In March 1933, Congress established the federal government as a direct employer of the unemployed through what was called the Civilian Conservation Corps.
The Civilian Conservation Corps was a volunteer government work relief program that ran in the United States from 1933 to 1942 for unemployed, unmarried men ages 18-25, later expanding to ages 17-28. Following the death of Robert Fechner, James McEntee took over as director of this agency.
The Corps really wasn't able to plan financially with any certainty, living essentially hand to mouth all through existence. Conflicts and tussling among top officials became more common in the CCC's final years, symptoms occur of the slow collapse at the center.
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auditors focus more on testing the of a company's blockchain processes and technology than on verifying the of its output. multiple choice question. records/changes effectiveness/risks accuracy/effectiveness effectiveness/accuracy
Auditors focus more on testing the Effectiveness of a company's blockchain processes and technology than on verifying accuracy of its output.
An authorized person who is charged with carrying out the following tasks is referred to as an auditor. Reviewing and analyzing blockchain operations or corporate financial records. Confirming the reliability of blockchain procedures or business financial records. Evaluating the output correctness of a blockchain. Evaluating the performance of blockchain technology and processes.
In essence, an auditor is more concerned with evaluating a company's blockchain operations and technology than with confirming the veracity of the outputs of the blockchain.
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which of the following would shift the labor supply curve? demand increases for the output produced by workers. the government increases its provision of childcare services. technological advancement increases worker productivity. there is more effective management at companies.
The shift in the labor supply curve comes when D. The government increases its provision of childcare services.
What is a labor supply curve?The labor supply curve illustrates the number of hours that workers would be willing to put in at various pay rates. In general, employees will be willing to work greater hours the better their pay is. The labor supply curve moves to the right as the labor supply grows. It will move to the left if it declines.
There are various factors that cause the labor supply curve to shift left or right:
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beginning inventory is 142,000. during the period a company has three purchases of inventoty with a cost of 75,000.80,000 and 56,000 also during the period inventory with the cost of 190,000 was sold to customers for 260,000 .what is the ending balance of inventory
A) $163,000. is the ending balance of inventory.
$142,000 + $75,000 + $80,000 + $56,000 − $190,000 = $163,000;
Force or stock refers to the goods and accouterments that a business holds for the ultimate thing of resale, product or utilization. force operation is a discipline primarily about specifying the shape and placement of graded goods. Inventory refers to all the particulars, goods, wares, and accouterments held by a business for dealing in the request to earn a profit. For example, If a review seller uses a vehicle to deliver journals to the guests, only the review will be considered inventory.
The four types of force most generally used are Raw Accoutrements, Work-In-Process ( WIP), Finished Goods, and conservation, form, and Overhaul( MRO).
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nittany company uses a periodic inventory system. at the end of the annual accounting period, december 31 of the current year, the accounting records provided the following information for product 1:
Ending inventory = (2,930 * $8) + ((4,100 - 2,930) * $7)
Ending inventory = $23,440 + (1,170 * $7)
Ending inventory = $23,440 + $8,190 = $31630 These are the following information provided by the accounting record.
Accounting records are every document that is used to do accounting, from creating financial statements to completing them so that they can be audited. Assets and liabilities, financial transactions, ledgers, journals, etc. are examples of these accounting records. Accounting records come in a variety of formats, such as transactions, general ledgers, trial balances, diaries, and financial statements. Ending inventory refers to the quantity of inventory a business has on hand at the conclusion of its fiscal year. It has a tight relationship to ending inventory cost, which is the sum of money used to purchase these items and stock them. Calculation should be based on the lower of cost or market.
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The aggregate quantity of goods and services demanded changes as the price level rises because.
The mixture amount of products and offerings demanded modifications because the fee degree falls because it results in a upward push in actual wealth, a fall in hobby fees.
The required details for hobby fees in given paragraph
An hobby fee is the quantity of hobby due consistent with duration, as a share of the quantity lent, deposited, or borrowed. The general hobby on an quantity lent or borrowed relies upon at the predominant sum, the hobby fee, the compounding frequency, and the period of time over which it's far lent, deposited, or borrowed. The annual hobby fee is the fee over a duration of 1 year. Other hobby fees practice over extraordinary periods, which include a month or a day, however they're usually annualized.
The hobby fee has been characterized as "an index of the preference . . . for a greenback of gift over a greenback of destiny income." The borrower wants, or needs, to have cash quicker as opposed to later, and is inclined to pay a fee—the hobby fee—for that privilege.
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when items come into the company warehouse, it is nora's job to move the items to a temporary storage location and update the inventory records to indicate more product is available. this is an example of which process?
The three exercises of a fruitful focusing on technique that permits you to achieve this are division, focusing on and situating, regularly alluded to as STP.
When choosing how do you position a item the primary step a advertiser would take is to?
Know your target group of onlookers well It is basic for the marketers to to begin with identify the target group of onlookers and after that get it their needs and inclinations. Each person has shifted interface, needs and inclinations. No two people can think on the same lines.
What is step 4 within the situating process?
Comparative Subjective Analysis: The fourth step within the situating prepare is to compare & investigations the information of competitors, subjective client inputs, external components etc. On comparison, the holes within the advertise can be understood.
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brazil is one of the world’s lowest cost producers of ethanol and soybeans. japanese corporations have heavily invested in brazil to lease large tracts of land to grow soybeans for export to japan, where they are used to derive products such as soy sauce and chicken feed. these japanese companies are cutting costs by
brazil is one of the world’s lowest cost producers of ethanol and soybeans. japanese corporations have heavily invested in brazil to lease large tracts of land to grow soybeans for export to japan, where they are used to derive products such as soy sauce and chicken feed. these japanese companies are cutting costs by a. minimizing factor input costs
A type of legume native to East Asia, the soybean, soy bean, or soya bean (Glycine max) is widely cultivated for its edible bean, which has a variety of uses.
Soybeans are typically used to make non-fermented foods like tofu and tofu skin, as well as soy milk. Natt, tempeh, soy sauce, and fermented bean paste are examples of dishes made from soy. For many packaged meals and animal feeds, fat-free (defatted) soybean meal is an important and affordable source of protein. For instance, many meat and dairy alternatives use components derived from soybeans, such as textured vegetable protein (TVP).
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refined metals company and superior fabrication, inc., enter into a contract under which refined agrees to deliver a certain quantity of sheet metal to superior each month. the contract does not include a price term. in a suit between the parties over the price, a court will
The contract does not include a price term. In a suit between the parties over the price, a court will Determine a reasonable price.
An agreement is a legally binding settlement between extra events. Once signed, this contractual settlement creates a promise that sure rights and responsibilities might be fulfilled by using every birthday celebration. In essence, a promise is at the heart of each settlement.
A properly drafted, written settlement presents facts, and readability, and protects parties' pursuits if troubles get up down the road. The specifics of what the agreement covers can be recognized (for example through a scope of services clause or schedule of products), and every celebration's duties and rights are expressly said.
A hit settlement is described as a contract that: gives you the most satisfactory possible services at the maximum affordable fee. Gives the means to control the scope of offerings. Manages your commercial enterprise's operational and financial risks.
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the amount printed on a label with the suggested retail price that is posted on a vehicle is called the group of answer choices capitalized cost. invoice price. sticker price. residual value. set price.
The amount printed on a label with the suggested retail price that is posted on a vehicle is called invoice price. Hence, option B is correct.
What is meant by invoice price?The invoice price is the upfront cost that the manufacturer charges the dealer. Due to incentives and rebates from the manufacturer, the price mentioned is frequently lower than the dealer's real cost. The invoice price includes the destination charge, sometimes known as freight.
The invoice price is typically cheaper than the MSRP. The cost must be covered by the vendor.
Thus, option B is correct.
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question 3 scenario 1 continued now that you’ve identified some limitations with meer-kitty’s data, you want to communicate your concerns to stakeholders. in addition to insufficient video trend data, your main concern with the indoor paint survey is that the data isn’t representative of the population as a whole. clearly, one particular respondent, the superfan, is overrepresented. what does this situation describe?
Since one particular respondent, the superfan, is overrepresented, this situation describes a sampling bias.
What is sampling bias?A sampling bias can be defined as a type of bias in which members of an intended population are selected in such a way that some members either have a higher or lower sampling probability (chances) than the other members.
This ultimately implies that, a sampling bias would occur when members of an intended population are selected incorrectly and overrepresented, thereby, resulting in a sample that is not representative of the entire population.
In this context, we can reasonably infer and logically deduce that this situation (Meer-Kitty’s data) describes a sampling bias because it is not a correct representation of the population as a whole.
Read more on sampling bias here: https://brainly.com/question/15062060
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