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Ray Of Light [21]
2 years ago
12

Would you extend trade credit to your customers? (do not discuss credit card payments, but rather, direct credit to your custome

rs. ) why or why not?
Business
1 answer:
mario62 [17]2 years ago
6 0

Expanding your trade credit can increase your sales volume. More time to checkout increases a customer's purchasing power and the number of products they purchase extends trade credit to your customers.

Giving your customers extra time to pay their bills can bring many benefits to your small business. Offering credit to customers is a way to increase sales and provides consumers with payment flexibility. While there are benefits to extending a loan, there are also issues to be aware of.

Generate more sales. The number one reason to consider financing your customers is that it makes your business more attractive to customers. People often want to buy something if they can buy it on credit.

Credit means the right to defer or incur a debt and defer payment of a debt offered or granted primarily for personal, family, or household purposes.

Learn more about credit at

brainly.com/question/6872962

#SPJ4

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Lifetime Television, an American cable television company, specifically targets female viewers. The channel is devoted to movies
Kaylis [27]

Answer:

A) focused niche strategy

Explanation:

A niche is a specific section of a market. In this case, the specific section of the market is female viewers.

Lifetime Television has found that tailoring its products to a specific niche (female viewers) is a good strategy. They have decided to do so instead of trying to attract a larger section of ther market (for example, they could be a channel that appeals to both men and women, but they have chosen not to do so).

8 0
3 years ago
Charlie Company uses a perpetual inventory system. During May, the following transactions and events occurred.
satela [25.4K]

The May transactions for Charlie Company (seller) assuming that Charlie uses a perpetual inventory system are:

Charlie Company Journal entries

May 13

Debit Account receivable $360

(8×$45)

Credit Sales $360

(To record credit sales)

May 13

Debit Cost of goods sold $208

(8×$26)

Credit Merchandise inventory $208

(To record cost of goods sold)

May 16

Debit Sales return and allowances $45

Credit Account receivable $45

(To record goods returned)

May 16

Debit Merchandise inventory $26

Credit Cost of goods sold $26

(To record cost of goods sold returned)

May 23

Debit Cash $302

($315-$13)

Debit Sales discount $13

(4%×$315)

Credit Account receivable $315

($360-$45)

Learn more here:

brainly.com/question/16912611

3 0
3 years ago
A company has a selling price of $1,500 each for its printers. Each printer has a 2 year warranty that covers replacement of def
dlinn [17]

Answer:

$103,680

Explanation:

estimated warrant liablity 3% of unid sold at $144

24,000 x 3% x 144 = $103,680

This will be the expected warranty laiblity for the sales of the period, and also the warranty expense.

warranty expense 103,680

warranty liability               103,680

warranty liability    47,000

   inventory                          47,000

to record warranty services

(we use inventory because the company use replacement part, those par are represented in inventory account)

<u>Warrant liablity account</u>

beginning balance 26,000

warranty expense  103,680

warrant serviced    (47,000)

ending balance       82,680

3 0
3 years ago
A nurse is performing initial teaching with a client who will be receiving electroconvulsive therapy (ECT). Which statement by t
Verdich [7]

Answer:

The correct answer to the following question will be Option B.

Explanation:

The given question is incomplete and the complete question is given below:

A. "Before my treatment, I shall stop taking my lithium for 2 weeks".

B. "My dose of Dilantin will go up several days before the treatment".

C. "I'll need to keep taking my regular medication for blood pressure".

D."I will have an EKG before the operation to determine cardiac abnormalities."

Electroconvulsive therapy (ECT): Is the most widely used medical treatment in critically ill patients severe depression or bipolar who have not responded to any other therapies. ECT requires a brief electrical brain stimulation while the patient undergoes anesthesia.

When, a client is having a dose of Dilantin (Dilantin is a non-epileptic medicine, also used as an anticonvulsant) then, a nurse should give him ECT, and this therapy is a need for that kind of client.

Therefore, Option B is the correct answer.

7 0
4 years ago
hich of the following statement is CORRECT? A. A sunk cost is any cost that must be expended to complete a project and bring it
lbvjy [14]

Answer

D. A sunk cost is any cost that was expended in the past but can be recovered if the firm decides not to go forward with the project.

Explanation:

As per the data given in the question,

Option (D) is correct among the given statements. A sunk cost is that cost which was occurred and expended in the past and if firm decides to do not go ahead, it can not be recovered.

For illustration - Think about the cost incurred to find out the feasibility of the project. Though in past firm was agree with the project but now even if the firm decides not to the project, this cost can not be recovered.

8 0
3 years ago
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