Answer:
Explanation:
The journal entry on April 13 for receipt of payment from customer is as follows:
Date Account title and explanation Ref Debit Credit
13-April Cash ($5000 - $150) $4,850
Sales discount ($5000* 3%) $150
Accounts receivable
$5000
(To record the receipt of payment from customer net of discount
Answer:
B. requires first developing the ability to do something, however imperfectly or inefficiently perform their assigned activities in a tightly-prescribed manner developed by the company's foremost technical experts second, translating this ability into a tried-and-true competence and/or capability by learning to do the activity consistently well and at an acceptable cost, and then continuing to polish, refine, and sharpen their performance of the competence or capability, striving not just for ongoing improvements but, ultimately, for best-in-industry or best-in-world proficiency
Explanation:
If a company chooses to develop it's competencies and capabilities internally and not externally by maybe choosing to outsource experts or merging or collaborating with companies with required competence and expertise, then they would have to follow through with the process of developing and nurturing internal capability and competencies. To proceed with internal competence, a company would need to hire experts if there are none in the company, these experts would train staff who follow through with the process in the option chosen above.
Answer:
Correct option is (c)
Explanation:
Given:
Amount that Sue has in her account before any transactions = $899.83
Expenses:
Rent = $353.76
Video game = $32.79
Bike maintenance = $60.26
Jacket = $55.62
Rug = $80.40
Night out = $35.77
Total expenses = 353.76 + 32.79 + 60.26 + 55.62 + 80.4 + 35.77
= $618.60
Money left in the account after making transactions = 899.83 - 618.60
= $281.23
Sue's share of cost of TV = $305.22
If she agrees to buy a TV, her account will be overdrawn by $23.99 (281.23 - 305.22) as balance in account is lesser than cost of TV.
Answer:
40%
Explanation:
Contribution margin = Contribution ÷ Sales × 100
= 72,000 ÷ $180,000 × 100
= 0.4 × 100
= 40%
Please not that other information given in the question are not relevant in arriving at the contribution margin ratio hence will be ignored.
Answer:
The correct answer is Channel Marketing.
Explanation:
The marketing channels are the routes through which the products circulate from their origin, the manufacturer, to the final consumer. These channels are formed by companies independent of the manufacturers whose function is to market, sell or help the sale of products created or manufactured by others. Let's say that the marketing channels are the ones that help sell the products of others.
Depending on the type of sales technology they use, we can find different channels:
- Traditional channels: those that, as the name implies, do not use advanced technology to achieve their ends.
- Automated channels: they use technology in a basic way to channel products towards consumption. For example, product vending machines.
- Audiovisual channels: these are the channels that use different media. For example, television to publicize their products, the telephone to contact potential buyers and a transport company to get the product home.
- Electronic channels: these are the marketing channels that use the internet as a means to connect with consumers.
