Answer:
See explanation section
Explanation:
Sheridan Company
Statement of Financial Position (Balance Sheet)
As at December 31, 2018
Particulars Amount ($)
Cash $91,900
Accounts receivable xxx,xxx
Less: Bad debt <u> xx,xxx</u>
xxx,xxx
Inventory 136,500
Prepaid Insurance <u> 9,300</u>
Total Current Assets $237,700
Note: If we have accounts receivables and bad debt expense, we can easily get the accurate answer.
Answer:
1. Cost-plus
Explanation:
Penetration pricing is when the pricing is set relative to the competition, often slightly lower than the competitors to gain marketing advantage. This does not necessarily ensure a certain gross margin.
Skim pricing is often higher than the market price, reminiscent of high quality or innovative nature of the product. This again may not be a good way to earn a determined margin.
Cost plus pricing is when a certain percentage is added to the costs to come up with the final price. This ensure that the company covers all the costs and then earns a certain percentage of gross margin.
Hope that helps.
Answer:
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Explanation:
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The man forgot all of his worries while he was on his vacation.
Answer:
In his traditional role Finance
Manager is responsible for
Select one:
a
Running the business smoothly
b
Proper utilisation of the funds
c
Arranmgement of financial
resources
d
Efficient management of cash
Explanation:
In his traditional role Finance
Manager is responsible for
Select one:
a
Running the business smoothly
b
Proper utilisation of the funds
c
Arranmgement of financial
resources
d
Efficient management of cash
