Answer:
Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $330,000. During 2021, Halifax sold merchandise on account for $11,800,000. Halifax's merchandise costs is 70% of merchandise selling price. Also during the year, customers returned $345,000 in sales for credit, with $191,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 3% of sales, are recorded as an adjusting entry at the end of the year.
Explanation:
Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $330,000. During 2021, Halifax sold merchandise on account for $11,800,000. Halifax's merchandise costs is 70% of merchandise selling price. Also during the year, customers returned $345,000 in sales for credit, with $191,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 3% of sales, are recorded as an adjusting entry at the end of the year.
The correct option is, (d) study all of its internal resources with an understanding of which capabilities offer value to meet the needs of U.S., Japanese, European, and Korean automakers.
<h3>What will happen in theory if a company is able to align its strategy and structure?</h3>
- A business is debating altering its organizational structure in order to capitalize on a consumer trend.
- The business recognizes the potential revenue that could result from this new consumer behavior, which is very profitable.
<h3>Which of the following is an example of an intangible company resource?</h3>
- Trademarks, goodwill, and patents are a few examples of intangible assets.
<h3>Why is IT important for a company to align its IT strategy to business strategy?</h3>
- IT strategy and business goals should be coordinated to ensure that everyone is on the same page and working toward the same objectives.
- This helps to guide and inform decision-making.
- IT systems are more likely to be useful, well-used tools when they are chosen and implemented in accordance with an organization's strategic goal.
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Answer:
d) raise the per-capita income
Explanation:
A less developed country is a country with a low per capita income. They usually don't have a sustainable development.
A moderately developed country is a country that has a per capita income of between $1000 - $12,000.
Per Capita income = GDP / population
I hope my answer helps you.
The answer is C. intensive distribution.
The goal of Intensive distribution is to make it convenient for consumer to find and purchase products at many locations and in many ways. This kind of distribution distributes their products on a many locations.
Answer:
do you need help with that or are you saying that
Explanation:
