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Natali5045456 [20]
2 years ago
10

Betty's Blossoms Nursery's social media presence has taken the company a step in the right direction toward building relationshi

ps with its customers. Betty posts her weekly recommendations to followers and even provides supplier sources for all kinds of rare and hard to find plants and shrubs. Customers provide other customers with reviews and comments about various plants they purchased through Betty's Blossoms and can message Betty's team with any questions or comments. As an extension of customer relationship management, this company is practicing
A. production management (PM).
B. processing customer relationships (PCR).
C. customer-management relationship (CMR).
D. psychological-managed relationship (PMR).
Business
2 answers:
lisabon 2012 [21]2 years ago
6 0

Answer:

C) customer-management relationship (CMR).

Explanation:

Customer managed relationship (CMR) is an evolution of customer relationship management (CRM), it is like the next step. The company (Betty's Blossoms Nursery) will use software and other internet resources (specially social media) to engage customers into taking action and managing their relationship with the company. CMR focuses on social media and their relationship with their customers, and encourages customers to actively participate in their activities.

valentina_108 [34]2 years ago
4 0

Answer:

The answer to this question is option C. customer-management relationship (CMR).

Explanation:

Based on the explanation above, the company is practicing customer management relationship    

Hence the answer is C. customer-management relationship (CMR).

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On January 23, Marco Company sold inventory costing $23,000 to customers on account for a price of $44,000. Which ONE of the fol
ohaa [14]

Answer:

e. DEBIT to Accounts Receivable $44,000

Explanation:

The accrual journal entry to record the sale involves a debit to the accounts receivable account and a credit to sales revenue;  

 

Income 44000

Costing 23000

 

e. DEBIT to Accounts Receivable $44,000  

7 0
2 years ago
Which statement about depreciation is​ false? A. Depreciation is a process of allocating the cost of an asset to expense over it
tatyana61 [14]

Answer:

The correct answer is letter "D": Depreciation should not be recorded in years in which the market value of the asset has increased.

Explanation:

Depreciation indicates how much the value of the asset has been used. It also aims to match the cost of the asset to the income that the asset helps the company to earn. Used as an income tax deduction, the depreciation calculation provides businesses with an annual allowance for the use and deterioration of tangible assets such as machinery, equipment, and buildings.

<em>Depreciation is recorded throughout all the useful life of an asset until its disposal.</em>

8 0
2 years ago
On July 1, Year 1, Yellow Rose Corp. paid $25,000 cash for a machine and paid an additional 8% sales tax. On the same date, an e
Lina20 [59]

Answer:

Journal entries are given below

Explanation:

July 1, Year 1 (Yellow Rose Corp. purchased a machine)

                                            DEBIT      CREDIT

Machine                            $28,000  

Cash                                                     $28,000

Working

Cost of machine = Purchase price + Sales tax + Installation

Cost of machine =  $25,000 + $2,000 + $1,000

Cost of machine =   $28,000

Depreciation for year 1 (October to December)

                                                       DEBIT      CREDIT

Depreciation Expenses                $1,300  

Accumulated Depreciation                             $1,300

Working

Annual Depreciation expense = (Cost - salvage value) / useful life

Annual Depreciation expense = (28000 - 2000) / 5 = $5,200

Depreciation for 3 months

Depreciation = $5,200 x 3/12

Depreciation = $1300

Sale of the machine

                                                       DEBIT      CREDIT

Cash                                        $14,000  

Loss on Sale                                 $7,500  

Accumulated Depreciation         $6,500  

Machinery                                                       $28,000

Workng

Gain/Loss on sale = Sale proceed - carrying value

Gain/Loss on sale = 14,000 - 21,500

Loss on sale = $7,500

Carrying value = Cost - Accumulated depreciation

Carrying value = 28,000 - 6500 = 21500

Accumulated depreciation = $1,300 + $5,200 = $6,500

7 0
2 years ago
The following costs and inventory data were taken from the accounts of Simon Company for 2010:
kenny6666 [7]

Answer:

Part a

Direct Materials Schedule

Beginning Materials                               $ 8,000

<em>Add</em> Purchases                                      $83,000

<em>Less</em> Ending Materials                          ($ 7,000)

<em>Less</em> Indirect materials                          ($4,000)

Direct Materials Used in Production    $80,000

Part b

Overheads Incurred during the year

                                     $

Factory rent                  8,000

Factory utilities            10,000

Indirect materials          4,000

Indirect labor                 6,000

Total Overheads       $28,000

Part c

Cost of Goods Manufactured Schedule

Direct Materials                                   $80,000

Direct labor                                          $42,000

Overheads                                           $28,000

Add Opening Work In Process           $15,000

Less Closing Work In Process           ($13,000)

Cost of Goods Manufactured           $152,000

Part d

Cost of Goods Sold

Beginning Finished goods Inventory       $16,000

Add Cost of Goods Manufactured         $152,000

Less Ending Finished Goods Inventory ($12,000)

Cost of Goods Sold                                 $156,000

Explanation:

The following steps must be done to reach the cost of goods sold :

  1. Use the Manufacturing Cost Schedule to calculate the Cost of Goods Manufactured
  2. Use the Finished Goods Inventory Account to calculate the Cost of Goods Sold.

See the calculations and schedules prepared above.

8 0
2 years ago
On your cardholder account profile, what information displays on the default accounting code screen?
vfiekz [6]
<span>The account profile of a card holder includes the demographic data, default accounting code, authorization limits, and other account details.

The default accounting code is assigned all the associated transactions that has been made by the assigned cardholder or from the assigned managing account, unless there applies any other specific rule.

When the default accounting code is clicked upon, it displays the Default Accounting Code screen, along with the segment names and the segment values.
</span>
8 0
2 years ago
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