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2 years ago

When sales agent jane first contacted john, after her three-month vacation to barbados, was seller john her client?

1 answer:

6 0

If sales agent jane first contacted john, after her three-month vacation to barbados. No, seller john was not her client?

<h3>Who is a sales agent?</h3>

A sales agent can be defined as someone whose sole responsibility is to sell product to potential customers and to as well market product to buyer.

Hence, seller John is not her client based on the fact that both John and Jane did not agreed on any agency relationship terms and agreement.

Learn more about sales agent here:brainly.com/question/25743891

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A traditional GAAP income statement does not help managers to predict the financial results of their decisions. Which of the fol

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Answer:

A) The GAAP statement is based on cost function rather than cost behavior.

Explanation:

Income statements that follow GAAP rules categorizes expenses based on their business function: product, selling or administrative.

While cost behavior categorizes costs based on how they influence a company's activities: variable, fixed and mixed. When a manager wants to measure the impact of any decision he/she makes, they need to use this type of categorization. For example, if fixed costs increase, what is the new break even point? If variable costs decrease, how is the marginal cost affected?

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3 years ago

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4 years ago

At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 908,000 Credit sales 30

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Answer:

1. Dr Bad debts expense $9,240

C Allowance for Doubtful Accounts $9,240

2. Dr Bad debts expense $12,160

Cr Allowance for Doubtful Accounts $12,160

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Explanation:

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1. Dr Bad debts expense $9,240

C Allowance for Doubtful Accounts $9,240

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2. Dr Bad debts expense $12,160

Cr Allowance for Doubtful Accounts $12,160

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3. Dr Bad debts expense $13,780

Cr Allowance for Doubtful Accounts $13,780

[($ 133,000*6%) + 5,800]

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4 years ago

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