Peggy Is in the Business of Factoring Accounts Receivable

question 82

Multiple Choice

Peggy is in the business of factoring accounts receivable. Last year, she purchased a $30,000 account receivable for $25,000. This year, the account was settled for $25,000. How much loss can Peggy deduct and in which year?

• A) $5,000 for the current year.
• B) $5,000 for the prior year and $5,000 for the current year.
• C) $5,000 for the prior year.
• D) $10,000 for the current year.
• E) None of the above.

Understand the components of the marketing mix and how they apply to different business scenarios.

Comprehend the evolution of marketing concepts and the introduction of frameworks such as the S.A.V.E. model.

Identify the role of promotion within the marketing mix.

Recognize how product features and benefits fit within the marketing mix.

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Definitions:

Classically Conditioned

The process by which an automatic conditioned response is paired with a specific stimulus through association over time.

Stimulus Events

External or internal occurrences that elicit responses from an organism or cognitive system.

Repetitive Stimulus

A stimulus presented repeatedly to a subject, often used in experiments to measure response habituation or sensitization.

Reward

A benefit or positive outcome provided to encourage a certain behavior or achievement.