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Vinil7 [7]
4 years ago
13

Rock Solid Concrete Company does not offer customers a cash discount for early payment of their accounts receivable. As a result

, most customers wait to pay their bill on the last day before late penalties are charged. These customers apparently understand the:
Business
1 answer:
eimsori [14]4 years ago
3 0

Answer:

Time value of money

Explanation:

The reason is that the money invested today worth more tomorrow. If we have option to pay our supplier $5m after a year is more suitable option than paying him today. The reason is that the amount paid today will be worth $5m but if we pay our supplier after a year then in real terms we have paid the supplier less because money lost its worth by certain percentage during the year. So paying late makes the liability cheaper required their are no interest or other costs.

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People who combine natural resources, labor, and capital in a profitable venture are called entrepreneurs.
svlad2 [7]
Answer
It’s not accurate but...,
Entrepreneur is an individual who creates business
Bearing most of the risks and enjoying most of the reward
Commonly seen as an innovator, a source of new ideas, goods, service and business
Hope it helps at least a little
Sorry if it’s not correct or useless
8 0
3 years ago
he following percentages apply to Thornton Company for 2018 and 2019: 2019 2018 Sales 100.0 % 100.0 % Cost of goods sold 61.0 64
Sauron [17]

Answer:

Income statement is prepared and attached with this answer please find it.

Explanation:

Income statement of both years is made using the ratios / percentage of each element. For example the cost of goods sold is calculated as $585,600 (960,000 x 61.0%) by multiplying the sales value to the respective percentage of cost of goods sold in 2019, which 61.0%. Same as for the 2018 figure.  

4 0
3 years ago
Read 2 more answers
In order to understand consumer purchasing patterns for Lay's chips, Frito-Lay market researchers are likely to use ________ bec
S_A_V [24]

Answer: (C) Data mining    

Explanation:  

 The data mining is one of the process that is specifically used for extracting the necessary data or information from the given raw data system and it specifically uses the mathematical analysis for driving the various types of patterns.

The data mining is also known as the knowledge discovering tool that is used for extracting the knowledge from the give data in an organization.

According to the given question, the Frito-lay market is using the data mining method for analyzing the lathe history from the given database. Therefore, Option (C) is correct answer.  

4 0
4 years ago
What luxury good is produced in mongolia?
erik [133]
Among the luxury goods produced in Mongolia are luxury clothing made from the finest wools, hides, and skins there. The country also exports machinery and equipment. The Republic of China is the leading trading partner of Mongolia accounting to a percentage about 95.5%.
3 0
3 years ago
Simi Khan wants to move his business into the international arena as quickly as possible; however, to be successful he must cons
Evgesh-ka [11]

The factors that must be seen are:

a Electricity usage around the world.

Explanation:

The single most important factor that the person must consider when getting into international business is viability of their product in the international market that they want to tap into.

Thus for the need of a company that is based on computer technology it seems paramount that the company would invest in a space where electricity is at least consistent and most people have access to it.

If this is there only then can one hope that people will buy from them.

3 0
3 years ago
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