Evergreen Inc

question 3

Multiple Choice

Evergreen Inc.is a distributor of high-quality fruit, flowering, and shade trees.Every client of Evergreen Inc.is supplied with a catalogue since the prices tend to change with seasons. The prices of all the trees in the Evergreen Inc.catalogue end in $.99.The distributor uses _____.

• A)odd-even pricing
• B)dynamic pricing
• C)price lining
• D)bundle pricing

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Definitions:

Notes Payable

Short-term or long-term liabilities represented by promissory notes that a company promises to pay back at a future date with interest.

Current Liabilities

Obligations of a company that are due to be paid within one year.

Long-Term Debt

Borrowings and financial obligations lasting over one year that are used to fund a company's operations, investments, or acquisitions.

Long-Term Liability

A financial obligation due after more than one year.