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3 years ago

7

Customers rarely expect salespeople to be knowledgeable about Market opportunities in relevant business trends that may affect t

he customer's business

1 answer:

Sophie [7]3 years ago

6 0

Answer:

False is the correct answer.

Explanation:

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Cargo Industries began the month with a $10,000 debit balance in the Cash account. During the month, the total of the debit entr

alukav5142 [94]

Answer:

B$10,800 debit balance.

Explanation:

In the given question, first we have to compute the difference of cash account which equals to

= Total debit entries - Total credit entries

= $4,800 - $4,000

= $800 debit

Now add this amount to the beginning balance which equals to

= Beginning amount of cash balance + Difference amount

= $10,000 + $800

= $10,800 debit

7 0

4 years ago

A company is considering the purchase of new equipment for $57,000. The projected annual net cash flows are $23,400. The machine

lina2011 [118]

Answer:

Net Present Value = $3,304.069

Explanation:

<em>To determine whether or not the investment was right, we will need to determine the net present value of the investment (NPV). </em>

<em>The NPV is the difference between the present value PV of cash inflows and the PV of cash outflows. A positive NPV implies a good investment decision and a negative figure implies the opposite. </em>

NPV of an investment(NPV)

NPV = PV of Cash inflows - PV of cash outflow

The cash inflow is an annuity.

PV of annuity= A× 1 -(1+r)^(-n)/r

A- Annual cash flow ,- 23,400 r - discount rate - 8%, number of years- 3

Present Value of cash inflow =23,400 × (1- (1.08)^(-3)/0.08 = 60,304.06

Initial cost = 57,000

Net Present Value = 60,304.06 - 57,000 = 3,304.069

Net Present Value = $3,304.069

<em>Kindly note that a discount rate of 8% was used as it is the opportunity cost of capital for the investment.</em>

4 0

4 years ago

Who needs help with your work? if you need help just tell me in the thang blow.

Anon25 [30]

Answer:

Not me.

Explanation:

Have a nice day.

6 0

3 years ago

Read 2 more answers

For each of the below, indicate where each item should be presented in the statement of cash flows (using the indirect method) u

Nataly_w [17]

Answer:

<u> Blank 1 </u> <u> Blank 2</u>

i. Depreciation expense A I

ii. Purchase of office equipment B D

iii. Decrease in accounts receivable A I

iv. Payment of cash dividends C D

v. Conversion of bonds into common stock D N

vi. Sold land and warehouse used in the corp. B I

vii. Gain on sale of land and warehouse in part vi. A D

viii. Issued common stock for cash C I

ix. Decrease in accounts payable A D

x. Increase in inventory A D

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf for the complete question.

How each of the item will appear in the the statement of cash flows (using the indirect method) is also provided below:

XYZ Company

Statement of Cash Flows (Indirect Method Format)

For the year...

<u>Details $ $ </u>

Operating activities:

Net profit xxx

Adjustment to reconcile net income:

i. Depreciation expense xx

iii. Decrease in accounts receivable xx

vii. Gain on sale of land and warehouse in part vi. (xx)

ix. Decrease in accounts payable (xx)

x. Increase in inventory <u> (xx) </u>

Net cash flows from operating activities xxx

<u>Investing activities:</u>

ii. Purchase of office equipment (xx)

vi. Sold land and warehouse used in the corporation <u> xx </u>

Net cash flows from investing activities xxx

<u>Financing activities:</u>

iv. Payment of cash dividends (xx)

viii. Issued common stock for cash <u> xx </u>

Net cash flows from investing activities <u> xxx </u>

Net cash flow for the year xxx

Beginning cash balance <u> xxx </u>

Ending cash balance <u> xxx </u>

Note: The does not affect the cash flows statement:

v. Conversion of bonds into common stock

8 0

3 years ago

Nike inadvertently offended Chinese officials when it ran an ad featuring LeBron James crushing a number of revered Chinese figu

ahrayia [7]

Answer: Culture

Explanation:

The impact of the culture on the marketing strategy is that the cultural values are get influenced in the society and the various types of new products and the services are get introduced in this culture marketing.

According to the question, the given situation best illustrate the impact of the culture on the marketing strategy as people making various types of decisions according to the cultural influences of the products in an organization.

Therefore, Culture is the correct answer.

7 0

4 years ago