For whom were the first ready-to-wear suits made in America?

Bridgette went to the gap ready to buy a new shirt, but was not sure which color or style she wanted. the sales representative,

dmitriy555 [2]

The answer in the space provided is sales presentation. In this stage of selling process, it is where a sales representative tries to determine which the buyers wants and he or she would likely present products that would make the buyers think or to have a thought of buying the product that has been offered down to him or her.

6 0

2 years ago

Chiller Company has credit sales of $5.60 million for year 2013. Chiller estimates that 1.32% of the credit sales will not be co

dsp73

Answer:

$59,045.80

Explanation:

The following information was missing:

Accounts Receivable total $1,565,170

Assuming the company uses the percent of accounts receivable method, what is the amount that Chiller will enter as the Bad Debt Expense in the December 31 adjusting journal entry?

total uncollectible debt = $1,565,170 x 4% = $62,606.80

since the account balance of the allowance for doubtful accounts is $3,561 (credit), the adjusting entry should be:

December 31, 2013, bad debt expense

Dr Bad debt expense (= $62,606.80 - $3,561) 59,045.80

Cr Allowance for doubtful accounts 59,045.80

7 0

1 year ago

Price discrimination is the practice of charging different prices for the same product that are not justified by cost difference

Sergeu [11.5K]

Answer:

<h2>Because firms in a perfectly competitive market does not have any price making ability or market power,they are not able to engage in any price discrimination.Hence,the correct answer is the last option or True,because perfectly competitive firms have no market power.</h2>

Explanation:

In Microeconomics,perfectly competitive markets are characterized by many buyers and sellers in which the sellers and firms usually sell homogeneous or identical products.Now,as there are many firms in the market and no barriers to entry for new firms into the market,the market competition or rivalry is high and hence,no single firm has the ability to determine and manipulate the market price according to their own economic advantage because if any firm tries to do so,it will loose significant market share as most customers would move to other sellers/firms charging lower price or regular market price.Therefore,the market price is fixed in the perfectly competitive market as the firms do not have price making or market power.Consequently,they are not able to charge different prices to different customers according to their maximum willingness to pay or differences in price preferences.

3 0

1 year ago

DAA's stock is selling for $15 per share. The firm's income, assets, and stock price have been growing at an annual 15 percent r

DaniilM [7]

Answer:

This question is incomplete since the required return is not pasted here. I checked on the web and found similar question with the firm's required rate of return is 18 percent. You can use this to solve the question as follows.

Explanation:

Use Dividend Discount Model (DDM) to find the intrinsic value of the stock.

Find the present value of dividends

D3 = 2

PV(of D3) = 2/(1.18^3) = 1.2173

D4 = D3(1+g) = 2(1+0.06) = 2.12

PV(of D4) = $\frac{\frac{2.12}{0.18-0.06} }{1.18^{3} }$

PV (of D4) = 17.6667/ 1.6430 = 10.7527

Next, sum up the present values ;

= 1.2173 + 10.7527

= $11.97

Therefore, DAA's stock is currently overpriced ,so you should not buy it since it is only valued at $11.97 and not $15.

6 0

1 year ago

Eduardo has been reading about the use of drone technology in recent military conflicts and is not quite sure what to think. On

Nana76 [90]

Answer:

c. Argument of evaluation

Explanation:

Eduardo will be making a decision on "whether the use of drone technology is a positive or negative development in the history of American military action." This is a judgement call. And he will be determining whether or not drone usage is good or bad. So this is purely an argument of evaluation. The argument is not of fact or definition or a policy argument, but one in which he will establish his opinion on the issue of the use of drone technology in the military.

7 0

1 year ago