One of the Most Commonly Used Pricing Tactics,markup Pricing,is Also

question 81

Multiple Choice

One of the most commonly used pricing tactics,markup pricing,is also referred to as

• A)dynamic pricing.
• B)profit margin pricing.
• C)standard pricing.
• D)cost-plus pricing.
• E)profit-plus pricing.

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Definitions:

Indirect Method

A way of reporting cash flows from operating activities by starting with net income and adjusting for non-cash transactions.

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is retained by the company to reinvest in its core business or to pay debt.

Reported Net Income

The total profit or loss of a company after all expenses and taxes have been subtracted from total revenue, as shown on the income statement.

Direct Method

An approach to preparing the cash flow statement where actual cash inflows and outflows from operational activities are listed.