For each independent situation given below,determine the effect on pretax income for each.Enter "O" to indicate pretax income is overstated,"U" to indicate pretax income is understated,or "NA" to indicate that pretax income is not affected.
Definitions:
Trading Up
A business strategy that involves convincing customers to purchase more expensive items, upgrades, or add-ons in an effort to increase profitability.
Package Content
The items or materials contained inside a package.
Downsizing
The process of reducing a company's workforce and/or scaling back its operations to lower expenses and streamline its organization.
Swoosh
A commonly recognized symbol of Nike, representing speed, movement, power, and motivation.
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