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Go Zone plans to introduce four tablet models over the next year. These models range from basic readers at $99 per unit, to more sophisticated tablets at $399 per unit. The more features a model has, the more expensive it is. What pricing strategy is Tone Zone using for its range of tablets?
Quick Assets
Assets that can be quickly converted into cash without losing value, including cash, marketable securities, and accounts receivable.
Cash Equivalents
Brief-term investments with high liquidity, capable of being readily turned into fixed cash sums, and facing a negligible risk of value shifts.
Receivables
Amounts owed to a company by its customers from the sale of goods or services on credit.
Inventory
A company's raw materials, work-in-process goods, and completely finished products that are considered to be part of its current assets.
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