According to the pricing strategy known as "price skimming," a business will initially set its starting price as high as its target market will bear before dropping it over time.
What pricing method involves gradually lowering prices?Companies who use a skimming pricing approach offer the greatest price they can for a new product before gradually lowering the price as the product loses popularity. In contrast to high-low pricing, skimming lowers prices gradually over time.
How does a skimming pricing technique go about determining prices?Skimming is a pricing technique that involves setting initial product prices high and then lowering them as competitors enter the market. Penetration is the reverse of skim pricing.
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How do I Identify ways in which local businesses apply the marketing concept domestically and abroad and determine how it affects the business customers?
Invest in sponsored social media marketing campaigns or run Face-book banner advertising. Retargeting advertising should be used for prospects who have already visited your website. Customers social media contests to attract new clients.
Promote your products on the radio or television. International marketing is vital since it exposes your company to a bigger, global audience. On a brand level, foreign marketing provides opportunities for improved exposure, product awareness, and sales. Local marketing Customers is when you market your business to people within a certain geographical radius, such as those in your neighborhood or city. By focusing on a single area, you can begin to raise awareness of your products and services in the market that is nearest to you.
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an industry comprising a small number of firms, each of which considers the potential reactions of its rivals in making price-output decisions, is called group of answer choices monopolistic competition. oligopoly. pure competition. pure monopoly.
The potential reactions of its rivals in making price-output decisions, is called oligopoly.
What is oligopoly?An oligopoly is a market structure with a small number of firms, none of which can prevent the others from gaining significant influence. The degree of concentration measures the market share of the largest companies. An oligopoly is a situation where a few firms have significant control over a certain market. Together, these companies can control prices by colluding with each other, ultimately offering uncompetitive prices in the market.
Oligopolies are markets in which profit-maximizing competitors determine their strategies by paying attention to how their competitors are likely to respond. In these circumstances, companies can differentiate their products, which may benefit some consumers, but at a cost.
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an investment project provides cash inflows of $630 per year for eight years. a. what is the project payback period if the initial cost is $1,775? (enter 0 if the project never pays back. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. what is the project payback period if the initial cost is $3,450? (enter 0 if the project never pays back. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. what is the project payback period if the initial cost is $5,200? (enter 0 if the project never pays back. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
An investment project is a group of interconnected tasks and activities that a corporation undertakes to accomplish specific financial or economic objectives.
Why are investment projects important?Investment projects are the fundamental tools for decision-making based on a commercial, technical, environmental, economic, financial, and social analysis because of their level of importance in industrial development.Why investment is important. Investing is a successful approach to use your money and possibly increase your fortune. Your money may grow in value and outpace inflation if you make wise investment decisions. The power of compounding and the trade-off between risk and return are the main reasons investment has a higher growth potential.A new capital investment project is crucial for the development and growth of a business. Due to the fact that it frequently sparks research and development, it is also crucial for the economy as a whole. This kind of project is one that involves the growth of an existing product line or the creation of a new product market, also known as the target market.To Learn more About investment project refer to :
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A six-month moving average forecast is generally better than a three-month moving average forecast if demand?
a. is rather stable.
b. has been changing due to recent promotional efforts.
c. follows a downward trend d, exceeds one million units per year.
d. follows an upward trend.
C. A six-month moving average forecast is generally better than a three-month moving average forecast if demand: follows a downward trend.
A statistical technique for predicting long-term trends is the moving average. The method entails moving the range while averaging a set of numbers from a particular range.
It is the average of any subset of values, is a method for gaining a general understanding of the patterns in a data set. For predicting long-term patterns, the moving average is quite helpful. It can be calculated for any time frame. When working with time-series data, the moving average method is used to smooth out both short-term fluctuations and long-term trends. Moving average is used in both financial applications and science & engineering applications.
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the approach to organizational structure that gives worldwide responsibility to strategic business units for the marketing of their product lines is known as product differentiation. True or False
The statement is true. The approach to organizational structure that gives worldwide responsibility to strategic business units for the marketing of their product lines is known as product differentiation.
Product differentiation is the characteristic or characteristics that make your service or product stand out for your target market. it's the way you distinguish what you promote from what your competitors do, and it will increase logo loyalty, income, and growth.
In economics and advertising, product differentiation is the process of distinguishing a products or services from others, to make it more appealing to a selected goal marketplace. This includes differentiating it from competitors' merchandise in addition to from a company's other products.
Product differentiation is vital in today's economic climate. It permits the seller to contrast its own product with competing products within the marketplace and emphasize the precise elements that make its product superior.
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foreign steel exports, a company based in brazil, colludes with other steel-export companies from around the world to agree on the price of steel sold in the u.s., which causes the price of steel in the u.s. to substantially increase. this type of agreement:
This type of agreement is a violation of the Sherman Act.
A piece of antitrust law from the United States, the Sherman Antitrust Act of 1890, established the idea of unlimited competition between companies. It was authorized by Congress, and its main author is Senator John Sherman. The Sherman Act forbids "any contract, combination, or conspiracy in restraint of trade," as well as "every monopolization, attempted monopolization, conspiracy, or combination to monopolize." In order to avoid monopolistic alliances that impede trade and erode economic competition, the Sherman Antitrust Act was created in 1890. It prohibits both formal cartels and attempts to monopolize any sector of American commerce.
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Decisions relating to the range of products and services a firm will offer determine the firm's
a. absorptive capacity.
b. geographic scope.
c. level of diversification.
d. vertical integration.
A company's decision-making processes affect the kind of goods and services it will provide. Level of diversification
When a business unit enters a new market within the current industry that the company is currently operating in, this is known as diversification at the business-unit level. When a diversified corporation engages in business outside of its original area of expertise, this is known as diversification at the corporate level. the current business divisions. diversity within a group. Concentric diversification entails expanding the company's current product or service offering.
Vertical diversification .Diversification inside conglomerates. When businesses launch new products into a new market with the intention of expanding, this is known as a business diversification strategy. Large multinational corporations are better suited for the diversification strategy.
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what is it called when a company owns a variety of businesses that increase its effectiveness, while having plenty of resources to add customer value to these businesses without financially stressing itself? multiple choice question. competitive mix industry leadership diverse marketing resource fit
This is known as resource fit . ( Option D )
- More about resource fit :
- Resource fit refers to both the corporate parent's ability to support its complete group of businesses financially and parenting skills, as well as whether each company business has appropriate access to the resources required to be commercially successful.
- Customers may occasionally be very eager to use a certain product or service, but this may be complicated by a lack of funding. As an illustration, a business with limited financial and human resources might not be able to purchase a premium solution to the issue they are trying to solve.
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in activity-based costing, the factor which drives costs and causes costs in the pool to be incurred is a
In activity-based costing, the factor which drives costs and causes costs in the pool to be incurred is a cost driver.
All transactions, regardless of their nature, must be recorded as soon as they take place, according to the accounting concept of incurred.
An expense is incurred when your company pays for goods or services it receives. Expenses that you have already paid for are known as paid expenses.
Any system for allocating costs to a component of a business is referred to as costing. Costing is typically used to develop costs for customers, distribution channels, employees, geographical regions, product lines, processes, subsidiaries, and entire businesses. Costing is how an entrepreneur determines how much it costs to produce or sell each individual product (good or service).
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Scott has a life insurance policy in which the divends are left with the insurance company. this particular policy may be paid up when the cash value plus accumulated dividends: ________
Scott has a life insurance policy in which the dividends are left with the insurance company. this particular policy may be paid up when the cash value plus accumulated dividends equal the net single premium for the same face amount at the insured's attained age
A dividend that has not yet been paid to the shareholder on a share of cumulative preferred stock is known as an accumulated dividend. Cumulative preferred stock investors get their dividends before other stockholders do.
Cumulative Dividend Formula = Preferred Dividend Rate X Preferred Share Par Value
Preferred Dividend Rate = The rate set by the corporation at the time of share issuance.
Preferred shares = Preferred Shares Par Value. Depending on the terms of the issue, the dividend rate may be either fixed or fluctuating.
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12. As the second trial began, what happened to Ruby Bates?
She was missing and they could not find her.
hristina, who is single, purchased 300 shares of apple incorporated stock several years ago for $15,600. during her year-end tax planning, she decided to sell 150 shares of apple for $7,050 on december 30. however, two weeks later, apple introduced its latest iphone, and she decided that she should buy the 150 shares (cost of $7,350) of apple back before prices skyrocket..
Therefore, Hristina has a total of 300 shares, each of which costs $15,900.
What do you mean by shares?Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits by way of dividends. A stock that does not pay dividends does not share its income with its owners.
Why do people buy shares?People acquire and investment and risk as a way to get exposure to both the health and growth of the global economy as well as a specific firm. Whether you have long-term or short-term interests will determine whether you invest in the stock market or trading on their price.
Briefing:She is having 300 shares costing $15,600
After that she sell 150 shares costing $7,050
Therefore
300 Shares = $15,600
Left Shares = 300-150
150 shares are left costing $8,550.
Now again she buys 150 Shares costing $7,350
Since,
Total Number of shares she is having now= 150+150= 300 shares
So, now she is having 300 shares costing $15,900
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Which theory would support the idea that by increasing the efficiency of resource utilization in the global economy, international trade results in greater economic growth and provides economic benefits to all countries that participate in a global trading system?.
Comparative advantage theory would support the idea that by increasing the efficiency of resource utilization in the global economy.
The required details about Comparative advantage is mentioned in below paragraph.
Comparative advantage is an economy's capacity to supply a selected correct or provider at a decrease possibility price than its buying and selling partners. Comparative advantage is used to provide an explanation for why companies, countries, or people can advantage from change.In an monetary model, retailers have a comparative benefit over others in generating a selected correct if they could produce that correct at a decrease relative possibility price or autarky price, i.e. at a decrease relative marginal price previous to change.
The idea of comparative advantage holds that even supposing one country can produce all items extra cost effectively than can some other country, each countries can nevertheless change below situations in which every benefits.
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young children are permitted to work in the manufacturing of soccer balls in some countries, but this would not be legal in the united states. yet, a company wants to sell these soccer balls in the united states. this is one example of a(n) .
A agency desires to promote those football balls within side the united states. that is one instance of a moral dilemma.
The required details for Ethical dilemmas in given paragraph
Moral dilemmas, additionally called moral paradoxes or ethical dilemmas, are conditions wherein an agent stands below two (or more) conflicting ethical requirements, none of which overrides the different. A intently associated definition characterizes moral dilemmas as conditions wherein each to be had preference is wrong. The time period is likewise utilized in a wider sense in ordinary language to consult moral conflicts that can be resolvable, to psychologically tough selections or to different kinds of tough moral problems. This article is ready moral dilemmas withinside the strict philosophical sense, frequently cited as true moral dilemmas. Various examples were proposed however there may be war of words as to whether or not those constitute true or simply obvious moral dilemmas. The imperative debate round moral dilemmas issues the query of whether or not there are any.
Defenders frequently factor to obvious examples whilst their combatants typically intention to expose their life contradicts very essential moral principles. Ethical dilemmas are available in numerous types.
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Which of the following securities has the highest priority with regard to the distribution of both earnings and proceeds from the liquidation of assets of a firm?
corporate bonds
proffered stock
common stock
ADRs
Corporate Bonds has the highest priority with regard to the distribution of both earnings and proceeds from the liquidation of assets of a firm. Common stock is the last among them.
Similar to an IOU, a bond is a debt obligation. By purchasing corporate bonds, investors are making a loan to the corporation issuing the bond. In exchange, the business agrees in writing to pay interest on the principal when the bond matures and, in most situations, to return the principal.
For instance, a $1,000 face value, five-year, zero-coupon bond could be bought by an investor for $800. When the bond reaches maturity, the business pays $1,000, which is equal to the $800 purchase price plus interest, or the $200 original issue discount, for the first five years.
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The long run average cost curve is tangent to an infinite number of?
a. total cost curve
b. margincal cost curve
c. average variable cost curve
d. average total cost curves
There are an infinite number of average total cost curves that are tangent to the long-run average cost curve.
What is the average cost curve over the long run?
Assuming that all production factors are variable, the long-run average cost (LRAC) curve shows the company's lowest cost per unit at each output level. The LRAC curve is based on the assumption that the business has selected the best factor mix for producing any level of output, as described in the previous section.
What is the tangent to when the long-run average cost curve is falling?
The reason for this is that the minimum points of the short-run average cost curves are not tangent to the long-run average curve LAC. For output below OQ, the long-run average cost curve is tangent to the falling portions of the short-run average cost curves when it is declining.
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A minimum resale
price maintenance agreement
requires a dealer
who buys from a manufacturer.
Question 2 options:
1)
to sell for at least a certain maximum
price
2)
to avoid engaging in restrictive practices.
3)
to guarantee
a certain percentage of market share
4)
to sell for at least a certain minimum
price
1) To sell for at least a certain maximum price
What is minimum resale price management agreement?
A product maker typically enters into a maintenance agreement for a minimum resale price with a group of dealers who ultimately sell to end users. Manufacturers obligate merchants to sell the goods at a specific minimum price through such agreements.
What is minimum resale price?
A minimum resale price is a price that tells your customer they can't advertise or sell anything for less than that amount. There are numerous ways you might express this. For instance, it might be: a set amount/ fixed amount
In short,
A minimum resale price maintenance agreement (RPM) is a price arrangement in which a dealer (reseller) who buys a product from a manufacturer agrees to sell the product for at least a certain maximum price such as:
At or below a price ceiling.At or above a price floor.To know more about minimum resale price refer
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which of the following can you expect from opportunity teams? a. they form long-term relationships with customers b. they share information, tips, or contacts that help close a deal c. they split credit equally on every opportunity d. b and c
Option d. The options that you would have to expect from opportunity teams are:
they share information, tips, or contacts that help close a deal c. they split credit equally on every opportunityWhat are opportunity teams?An opportunity team in Salesforce is a group of users who frequently collaborate on sales opportunities. The account manager, the salesperson, and a pre-sales consultant could make up a typical opportunity team. The group works together to monitor progress and close the opportunity.
Salesforce users can quickly provide other users customized read/write access to the records they own by using opportunity teams to effectively "open" the records they possess. These recently recruited users can then be given pre-made roles that fit with the organizational structure of your company.
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Which statement best defines a grant?
O A grant is an educational plan in which students alternate between studying for school and gaining work
experience.
O A grant is a loan offered to students to help pay for education-related expenses.
O A grant is money given by an organization for a specific purpose.
O A grant is a loan offered to anyone who is thinking about attending college.
Answer:
the second one
Explanation:
Leadership style is the general way a manager treats and supervises employees.
a. true
b. false
Leadership style is the general way a manager treats and supervises employees A)true.
Leadership patterns are classifications of the way someone behaves whilst leading a collection. Lewyn's leadership patterns are authoritarian (autocratic), participative (democratic), and delegative (laissez-faire).
Democratic leadership is one of the most popular management styles because it involves entering from the complete team and fosters employees' experience of ownership in their paintings.
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a financial planner is examining the portfolios held by several of her clients. identify which of the following portfolios is likely to have the smallest standard deviation:
A financial planner is checking the portfolios held by some of his clients. identify which of the following portfolios is likely to have the smallest standard deviation is Portfolio with 10 stocks randomly selected from the US and international markets.
Portfolio is a collection of documents originating from individuals, groups, organizations, companies, institutions and so on which are neatly arranged from all important work and activities that have been carried out. A portfolio is a collection of work, skills, education, and work experience.
With a portfolio, other people can find out about the career history of a professional and his various achievements. The definition of portfolio may experience a slight change in meaning, depending on one field and another.
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The country of Scotland was moved by the martyrdom of:
Answer: patrick hamiltion
Explanation:
for slide 3, based upon the industrobots engagement scope document and what you learned above, what are your thoughts about who we should interview? which department heads or business process leaders are key to gathering requirements at industrobots? which external stakeholders? and what written materials should we ask the industrobots team to provide?
Business analyst and concern experts are responsible for requirement gathering process.
Business clients have a tendency to assume software teams to be mind-readers, and to supply a answer based totally on unspoken or unknown requirements. Hence, all of the necessities need to be formally captured in a huge document.
Who should be concerned in a necessities review?Ideally, your overview must encompass one individual from every area of the commercial enterprise impacted with the aid of the requirements, top examples include marketing, operations, product management, purchaser service, and IT. Often instances you will want extra than one person from a team because of the decision matrix within that group.
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https://brainly.com/question/14453713#SPJ4Given the following objective, raise brand awareness to at least 40 percent among consumers 18 to 49, which critical element of an actionable objective is missing?.
The objective missing is a quantitative benchmark for raising brand awareness to at least 40 percent.
Brand Awareness:It relates to a customer's ability to recognize or recall a brand under various conditions. This memory comprises several brand identification visual components, general sentiments about the firm, and any other product or service information.
Brand awareness is an important part of brand equity (the value of a brand). Potential customers' ability to identify and recall a brand can have an impact on its long-term success. It might help the marketing team determine how well potential customers know and recall brands, and then leverage successful advertising efforts to boost brand recognition.
The apex of the marketing funnel is brand awareness. It is the first time potential customers come into contact with the company, and the marketing team's job is to entice them and convert them into paying customers by gradually pushing them down the funnel.
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according to james marcia, the term ____ refers to the part of identity development in which adolescents show a personal investment in what they are going to do.
According to James Marcia, the term commitment refers to the part of identity development in which adolescents show a personal investment in their own identity.
What are the Marcia's 4 identity stages?Basically, an Identity refers to the unique set of characteristics that can be used to identify a person as themself and no one else
According to James Marcia, all individual have a four identity stages which includes:
diffusion (low exploration, low commitment)foreclosure (low exploration, high commitment)moratorium (high exploration, low commitment)achievement (high exploration, high commitment).Read more about James Marcia
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if you were one of ten new workers the firm was about to hire, would you prefer to be paid the value of your average product or the value of your marginal product?
No, once the marginal product and average product have reached parity, it is not in the employer's best interests to pay labor according to the value of the average product.
Economics is the study of how different economic actors, like producers and consumers, interact to carry out different activities, like production and consumption. Microeconomics and macroeconomics are the other two divisions of economics.
After the point where the marginal product and average product are equal, the marginal product of labor will begin to decline at a faster rate than the average product of work. Because the labor will benefit more, new workers would like to be paid in accordance with the average product.
No, after the point at which marginal product and average product are equal, it would not be in the employer's best interest to pay the labor according to the value of the average product.
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COMPLETE QUESTION:
Suppose the marginal product of labor is currently equal to its average product. If you were one of 10 new workers the firm was about to hire, would you prefer to be paid the value of your average product or the value of your marginal product? Would it be in the interests of an employer to pay you the value of your average product?
eggs are a normal good sold in a perfectly competitive market that is currently in long-run equilibrium. how will price, output, and profit change if consumer incomes increase?
price increases; output increases; profit increases
Profit is defined as the difference between an economic entity's revenue from outputs and its opportunity costs for inputs. It is the sum of all revenues less all expenses, including both direct and indirect expenses.
Unlike accounting profit, it solely pertains to the explicit costs that are shown on a company's financial accounts. A company's accounting profit is calculated by subtracting just its explicit costs from its entire revenue. When examining a company, an economist considers all opportunity costs, both apparent and implicit. Profit in the economy is therefore less than profit in the books. An economist would define a business as profitable if its entire income equaled its opportunity cost.
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which of the following is/are forms of discipline from the cfp board? 1. private censure. 2. 1st strike. 3. suspension. 4. monetary penalties. which of the following is/are forms of discipline from the cfp board? 1. private censure. 2. 1st strike. 3. suspension. 4. monetary penalties. c. 2, 3, and 4 d. 1, 2, 3, and 4 b. 1 and 3 a. 1 and 2
The correct option is (b) 1 and 3, private censure and suspension. Private Censure and Suspension are forms of discipline from the CFP Board. Forms of discipline include Private Censure, Public letter of Admonition, Suspension, and Revocation.
The Certified Financial Planner (CFP) designation is a professional certification mark given to financial planners by the Certified Financial Planner Board of Standards (CFP Board) in the United States and by 25 other organizations connected to the Financial Planning Standards Board (FPSB), which is the owner of the CFP mark outside of the United States. The certification is typically regarded as the preeminent title in the financial planning sector. The certification is administered by the Certified Financial Planner Board of Standards, Inc. (CFP Board), a 501(c)(3) non-profit organization founded in 1985. It is neither a government designation nor an accredited degree.
The candidate must satisfy the designation's educational, examination, experience, and ethical requirements in addition to paying an ongoing certification fee in order to be permitted to use the designation.
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minnie inc. sells equipment that cost $90,000 and had been depreciated $65,000. if minnie received $20,000 in exchange for the equipment, how would she record a gain/loss on sale?
Minnie inc. recorded a loss of $5000 on the equipment
Depreciation is an accounting technique that distributes an asset's cost over the course of its anticipated useful life. Depreciation is a recurring expense that businesses report on their income statement. Assets depreciate over time, losing value. Depreciation can be calculated using one of four different approaches: straight-line, units of production, double declining balance, or sum of the years' digits.
Cost of equipment = $90000
Depreciation amount = $65000
Value of machine after depreciation = 90000 - 65000 = $25000
Money received after exchange = $20000
Gain/loss = Money received - Value of machine after depreciation
= 20000 - 25000
= -5000
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question content area what is the type of account and normal balance of allowance for doubtful accounts? a.contra asset, credit b.contra asset, debit c.asset, credit d.asset, debit
Option a. contra asset, credit is the correct option of the given statement.
An allowance for doubtful accounts is considered a “contra asset,” because it reduces the amount of an asset, in this case the accounts receivable.
Allowance for Doubtful Accounts: What Type of Account and Normal Balance?On the asset side of the balance sheet, the allowance for doubtful accounts account is mentioned, but since it is a contra asset account rather than a standard asset account, it has a normal credit amount.
Is an allowance for dubious accounts an account, and is its typical balance a debit or a credit?The bad debt expense associated to credit sales is estimated using the allowance for doubtful accounts, a contra-asset account. The normal balance of the account is a credit balance, and it is shown on the balance sheet as a reduction from the gross receivables.
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