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Strike441 [17]
2 years ago
11

Hollie works as a salesperson for Lands' End. Her duties consist of taking customer orders over the telephone and ensuring that

the information is properly entered so that customers will receive the products they need. Hollie is a(n) _____.
Business
1 answer:
Oduvanchick [21]2 years ago
7 0

Answer: Inside order taker

Explanation:

The Inside order taker is one of the type of salesperson in an organization and the main responsibility of the inside order taker is to collecting the orders of the various types of products and then make a entries about the sales order at the counter.  

 According to the given question, Hollie is works as the salesperson for the Land's end and her duty is to taking the various types of orders from the consumer over the mobile or telephone system and ensure that the information is properly given by the consumer.

 The inside order taker then making a proper entries of the orders and it also helps in increase the customer frequency for the new orders in an organization.  

 Therefore, Inside order taker.

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On February 1, 2021, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of
leva [86]

Answer:

1.                  2021 2022 2023

revenue       2912973 3399745       2197282

costs        2170000 2670000      3970000

gross profit        742973 729745       -1772718

2a. Debit Contract account 2912973, Credit revenue 2912973

Debit Bridge in progress 2170000 credit various accounts 2170000

Debit Accounts Receivable 2670000, Billing on CIP  2670000

Debit Bank  2420000, credit Accounts receivables 2420000

2b. Debit Contract account 3399745, Credit Revenue 3399745

debit work in progress 2670000, credit Various accounts

debit Accounts receivables 2920000, Billing on CIP 2920000

Debit bank 2645000, credit accounts receivables 2645000

3a. BALANCE SHEET 2021

current assets

accounts receivables         250000

Liabilities

billing                                  2670000

3b. current Assets  

Accounts receivables        275000

Liabilities

Billing                                2920000            

Explanation:

percentage of completion = cost incurred for start to date/ total estimated costs

percentation of completion  

2021 2022 2023

34.23% 74.18% 100

Revenue to be recognised = total revenue * percentage completed

current period revenue = revenue to be recognise - prior revenue

4 0
2 years ago
Which one of these will most likely require a specialized inspection?
Contact [7]
The answer to that is roof
6 0
2 years ago
Read 2 more answers
A bank with a two-year horizon has issued a one-year certificate of deposit for $50 million at an interest rate of 2 percent. Wi
IRINA_888 [86]

Explanation:

The bank runs the danger that just before the second year, the short-term interest rate will increase, increasing its Lending value, but leaving untouched the interest income the bank gets from either the Treasury bill.  

Annual interest revenue of 0.04* $50 million= 2 million and annual interest costs for the bank (0.02)* $50 million= 1 million, between 2 per cent to 4 per cent for the Treasury note.

The bank makes a profit of $2 million – $1 million = $1 million. If the interest rate rises 1 percent, the bank’s profit falls to

((0.04)* $50 million) – ((0.03) * $50 million) = $500,000.  

7 0
2 years ago
The beginning balance on the monthly bank statement for Ike's checking account was $194.58, and the ending balance was $371.93.
wlad13 [49]
The answer is he had 177.35 more in credits then in debits
4 0
2 years ago
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Ultra Co. uses a periodic inventory system. The following are inventory transactions for the month of January: 1/1 Beginning inv
creativ13 [48]

Answer:

$830,000

Explanation:

Ultra Co.'s inventory for January:

Date               Number of units   Unit balance      Unit cost     Total cost   

January 1             20,000                20,000               $13         $260,000       

January 20          30,000                50,000               $15         $710,000          

January 23          40,000                90,000               $17        $1,390,000      

<u>January 31          (50,000)                                       ($16.60)    ($830,000) </u>

Ending inventory                             40,000                              $560,000

Using the last-in, first-out (LIFO) method, the COGS = (40,000 units x $17 per unit) + (10,000 units x $15 per unit) = $680,000 + $150,000 = $830,000                                          

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2 years ago
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