Answer:
What is the budgeted cash received from customers?
Explanation:
cash received from customers = total sales revenue + beginning accounts receivable - ending accounts receivable
- total sales revenue = 20,000 x 205 = $4,100,000
- beginning accounts receivable = $40,000
- ending accounts receivable = $20,000
cash received from customers = $4,100,000 + $40,000 - $20,000 = $4,120,000
Answer:
Nearly an equal number of consumers use mobile and online banking to pay bills because of the ease and convenience these methods afford them.
Explanation:
To hypothesize means to provide a possible explanation for something. So, a possible reason or explanation of why most customers prefer the online and mobile methods of making payments and receiving funds is that it is much easier for them.
Some of these easy benefits include;
1. They do not have to stand in long queues to pay through cheques.
2. They can process their transactions from any location and at any time.
3. There are fewer requirements needed to process transactions.
Answer:
True
Explanation:
An organization that makes use of multisegment marketing approach is undoubtedly a big company that have established name for itself. This means that, the organization or company is well known and that it is an household name in the industry. Therefore, such company has the capacity of using multisegment marketing approach.
But a small company will only make use of one pricing method, this is to attract people to its products. And avoid competing with the established organizations. So, in the process, creating name for itself.
Answer:
A. ($16,000)
Explanation:
The computation of the expected value of return equal to
= (Higher return × probability rate) - (Less return - probability rate)
= ($20,000 × 70%) - ($100,000 × 30%)
= $14,000 - $30,000
= - $16,000
For computing the correct value we have to deduct the tighter money conditions from the normal conditions.
