Which of the following best illustrates how to overcome people's natural resistance to price?
a. At a cost of only $145 a year, how could you possibly say "No"?
b. With all our discounts, your cost is only $145.
c. For an economical $145 annual fee, you can enjoy the special discounts and advance product information available only to members of the CCY Micro Users Group.
d. When have you received so much in return for only $145?
C
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The Uruguay Round extended trading policy to cover _____.
Fill in the blank(s) with the appropriate word(s).
National Art is a new business
During its first year of operations, credit sales were $50,000 and collections were credit sales of $32,000. One account, $625 was written off. Management uses the percent-of-sales method to account for bad debts expense and estimates 2% of credit sales to be uncollectible. The ending balance of Allowance for Bad Debts account is ________. A) $375 B) $1,000 C) $348 D) $1,628