Some Consumers Make It a Point to Go Shopping the Day

question 132

Multiple Choice

Some consumers make it a point to go shopping the day after Christmas to stock up on discounted wrapping paper and bows for the following year.These consumers are

• A) enjoying the benefits of size discounts.
• B) taking advantage of everyday low pricing strategies.
• C) avoiding bait-and-switch strategies.
• D) taking advantage of zone pricing discounts.
• E) taking advantage of seasonal discounts.

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Definitions:

Accounts Receivable

Money that customers are required to pay to a company for goods or services that they have received or used, but have not yet paid for.

Inventory

The total amount of goods and materials held by a company intended for sale or used in production.

Net Fixed Assets

Net Fixed Assets represent the total value of a company's property, plant, and equipment minus any depreciation, amortization, and impairment charges that have been taken against these assets.

Long-term Debt Ratio

A financial metric that measures the proportion of a company's total debt that is due over a period longer than one year, relative to its total assets.