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CaHeK987 [17]
1 year ago
13

Knowledge Check 01

Business
1 answer:
qwelly [4]1 year ago
6 0
Budgeting involves planning
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g Last year, Siena Company had $11,720,000 in gross billings for products sold. The sales returns and allowances for the company
umka21 [38]

Answer:

$11,175,000

Explanation:

The net sales of Siena Company for the last year shall be determined through following mentioned formula:

Net sales=Gross sales-sales returns and allowances-sales discounts

In the given question:

Gross sales=$11,720,000

Sales returns and allowances=$370,000

Sales discounts=$175,000

Net sales=$11,720,000-$370,000-$175,000=$11,175,000

3 0
3 years ago
Denny Co. sells major household appliance service contracts for cash. The service contracts are for a one-year, two-year, or thr
Lapatulllka [165]

Answer:

b. $600,000

Explanation:

Amount to be reported =  Outstanding service contracts for 2012, 2013 and 2014

=$190,000 + $285,000 + $125,000

=$600,000

$600,000 should be reported as unearned service  revenues in Denny's Co. December 31, 2015 balance sheet.

8 0
4 years ago
NEED THIS NOW PLZZ!!!
professor190 [17]

Answer:

D

Explanation:

the formals contain different atoms, there for they aren't the same

5 0
3 years ago
horizontal integration through m&a can help firms strengthen their competitive position by increasing the differentiation of
kotegsom [21]

Increased Differentiation is competitive position by increasing the differentiation of their product and service offerings.

What is Increased Differentiation?

The key characteristic(s) that set one company's goods or services apart from those of its rivals are referred to as that company's products. Successful product diversification increases sales and customer loyalty.

A product differentiation strategy includes identifying and outlining a company's or product's distinctive features as well as the most critical distinctions between it and its rivals. Creating a strong value proposition and unique selling concept for a product or service is essential to making it appealing to a target market or audience.

If done successfully, product diversification might provide the product's seller a competitive edge and eventually increase brand recognition. The quickest high-speed Internet connection and the most cost-effective electric car on the market are two instances of different commodities.

to learn more about Increased Differentiation click:

brainly.com/question/8107956

#SPJ4

4 0
1 year ago
What are four Common Work Contexts for Financial Analysts
djverab [1.8K]

Answer: it’s indoors, environmentally controlled , face-to-face discussions , and electronic mail

Explanation:

it’s right i just answered this question on edg(:

6 0
3 years ago
Read 2 more answers
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