Complete question:
Westmore Products has projected the following quarterly sales. The accounts receivable at the beginning of the year is $380 and the collection period is 45 days. What are collections for the first quarter?
Quater: Q1 Q2 Q3 Q4
Sales : $675, $730, $815, $1,080
Answer:
$717.50
Explanation:
Given:
Accounts receivable at the beginning of the year = $380
Collection period = 45 days
Required:
Find the collections for the first quarter.
To find the collections for the first quarter, use the formula below:
First quarter collections = =Account receiveble opening balance to be recoverd in 45 days + [1st quarter sales /90*45]
Collections for first quarter = $717.50
Answer:
Russia became a member of the World Trade Organization in December 2011
Explanation:
Answer:
d. Product financing arrangement.
Explanation:
A business transaction in which an organization sells and agrees to repurchase inventory with the repurchase price equal to the initial or original sales price plus the carrying and financing costs is known as the Product financing arrangement.
A product financing arrangement is more likely to exist when the seller commits to having a third party client purchase the item and then agrees to repurchase the item from the third party client.
It's noteworthy to know, that the seller controls how the item sold under either of the above mentioned situations is analysed and disposed of.
In serving these two different groups, Fibrit is using the
benefits sought or benefit segmentation. The benefit segmentation is a process
that divides the market into a category in regards of the perceived value in
which the segments made in the market is purely based on the performance,
customer service, quality, features and the benefits that it provides to its
consumers.
Answer:
False
Explanation:
In order to creat great employee engagement it is higly desirable that personal values and work values are related.
